Skandinaviska Enskilda Banken AB publ Purchases 20,280 Shares of Premier Financial Corp. (NASDAQ:PFC)

Skandinaviska Enskilda Banken AB publ raised its position in shares of Premier Financial Corp. (NASDAQ:PFC) by 9,432.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,495 shares of the company’s stock after acquiring an additional 20,280 shares during the quarter. Skandinaviska Enskilda Banken AB publ’s holdings in Premier Financial were worth $527,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. lifted its stake in shares of Premier Financial by 0.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,254,516 shares of the company’s stock valued at $32,078,000 after purchasing an additional 9,998 shares during the period. State Street Corp lifted its stake in Premier Financial by 3.5% in the third quarter. State Street Corp now owns 1,055,377 shares of the company’s stock valued at $24,780,000 after buying an additional 35,682 shares during the period. Geode Capital Management LLC lifted its stake in Premier Financial by 1.0% in the third quarter. Geode Capital Management LLC now owns 864,387 shares of the company’s stock valued at $20,300,000 after buying an additional 8,542 shares during the period. Citigroup Inc. grew its position in shares of Premier Financial by 2,017.1% during the 3rd quarter. Citigroup Inc. now owns 751,923 shares of the company’s stock worth $17,655,000 after buying an additional 716,406 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in shares of Premier Financial by 8.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 653,065 shares of the company’s stock valued at $15,334,000 after acquiring an additional 49,367 shares in the last quarter. 66.14% of the stock is currently owned by institutional investors and hedge funds.

Premier Financial Price Performance

Premier Financial stock opened at $28.04 on Tuesday. The company has a market capitalization of $1.00 billion, a PE ratio of 14.09 and a beta of 1.28. Premier Financial Corp. has a 12-month low of $18.63 and a 12-month high of $29.64. The firm’s fifty day moving average is $27.39 and its 200 day moving average is $26.23. The company has a quick ratio of 0.93, a current ratio of 0.95 and a debt-to-equity ratio of 0.42.

Premier Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 7th. Stockholders of record on Friday, January 31st were given a dividend of $0.31 per share. The ex-dividend date was Friday, January 31st. This represents a $1.24 dividend on an annualized basis and a dividend yield of 4.42%. Premier Financial’s dividend payout ratio (DPR) is presently 62.31%.

Premier Financial Company Profile

Premier Financial Corp., through its subsidiaries, provides various banking services. It offers demand, checking, money market, and savings accounts, as well as certificates of deposits and certificates of deposit account registry service; and investment products. The company also provides residential and commercial real estate, commercial, construction, home improvement and home equity, installment, and consumer loans.