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

Skandinaviska Enskilda Banken AB publ increased its position in shares of Premier Financial Corp. (NASDAQ:PFC) by 9,432.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 20,495 shares of the company’s stock after acquiring an additional 20,280 shares during the period. Skandinaviska Enskilda Banken AB publ owned about 0.06% of Premier Financial worth $527,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Raymond James Financial Inc. bought a new stake in shares of Premier Financial during the fourth quarter worth about $218,000. Proficio Capital Partners LLC acquired a new stake in Premier Financial during the 4th quarter worth approximately $360,000. Charles Schwab Investment Management Inc. grew its holdings in Premier Financial by 0.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,254,516 shares of the company’s stock worth $32,078,000 after acquiring an additional 9,998 shares during the last quarter. Jones Financial Companies Lllp acquired a new position in Premier Financial in the 4th quarter valued at approximately $26,000. Finally, New York Life Investment Management LLC raised its stake in shares of Premier Financial by 32.4% during the fourth quarter. New York Life Investment Management LLC now owns 62,070 shares of the company’s stock valued at $1,587,000 after acquiring an additional 15,175 shares during the last quarter. Institutional investors and hedge funds own 66.14% of the company’s stock.

Premier Financial Stock Performance

Shares of Premier Financial stock opened at $28.04 on Tuesday. The stock has a market cap of $1.00 billion, a price-to-earnings ratio of 14.09 and a beta of 1.28. Premier Financial Corp. has a twelve month low of $18.63 and a twelve month high of $29.64. The company’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 Announces Dividend

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 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.