First Financial Bankshares, Inc. (NASDAQ:FFIN) has earned an average rating of “Hold” from the six analysts that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation and five have given a hold recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $41.25.

FFIN has been the subject of several recent research reports. Zacks Investment Research upgraded shares of First Financial Bankshares from a “hold” rating to a “buy” rating and set a $43.00 price target for the company in a research report on Thursday, September 7th. Piper Jaffray Companies restated a “hold” rating and set a $41.00 price target on shares of First Financial Bankshares in a research report on Friday, September 1st. Keefe, Bruyette & Woods restated a “hold” rating and set a $39.00 price target on shares of First Financial Bankshares in a research report on Tuesday, October 3rd. BidaskClub lowered shares of First Financial Bankshares from a “sell” rating to a “strong sell” rating in a research report on Monday, August 14th. Finally, Stephens set a $39.00 target price on shares of First Financial Bankshares and gave the company a “hold” rating in a research report on Wednesday, August 2nd.

First Financial Bankshares (NASDAQ:FFIN) traded down $0.15 during trading on Thursday, hitting $45.25. 127,100 shares of the stock traded hands, compared to its average volume of 211,107. The company has a market capitalization of $3,006.66, a price-to-earnings ratio of 27.19 and a beta of 1.39. First Financial Bankshares has a fifty-two week low of $36.85 and a fifty-two week high of $47.90.

First Financial Bankshares (NASDAQ:FFIN) last released its quarterly earnings results on Thursday, October 19th. The bank reported $0.44 EPS for the quarter, hitting the consensus estimate of $0.44. The business had revenue of $83.95 million during the quarter, compared to analyst estimates of $89.87 million. First Financial Bankshares had a net margin of 33.51% and a return on equity of 12.70%. The company’s quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.39 earnings per share. equities analysts predict that First Financial Bankshares will post 1.7 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 2nd. Investors of record on Monday, December 18th will be given a $0.19 dividend. The ex-dividend date is Friday, December 15th. This represents a $0.76 dividend on an annualized basis and a yield of 1.68%. First Financial Bankshares’s dividend payout ratio is presently 45.51%.

In related news, Director David L. Copeland sold 1,368 shares of the stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $45.52, for a total value of $62,271.36. Following the completion of the transaction, the director now owns 33,379 shares in the company, valued at approximately $1,519,412.08. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 5.04% of the company’s stock.

A number of institutional investors and hedge funds have recently made changes to their positions in FFIN. Teachers Advisors LLC grew its position in First Financial Bankshares by 2.6% in the 1st quarter. Teachers Advisors LLC now owns 125,109 shares of the bank’s stock valued at $5,017,000 after buying an additional 3,225 shares in the last quarter. Bank of America Corp DE boosted its position in shares of First Financial Bankshares by 73.5% during the 1st quarter. Bank of America Corp DE now owns 113,502 shares of the bank’s stock valued at $4,551,000 after purchasing an additional 48,069 shares in the last quarter. Aperio Group LLC boosted its position in shares of First Financial Bankshares by 8.4% during the 2nd quarter. Aperio Group LLC now owns 16,352 shares of the bank’s stock valued at $723,000 after purchasing an additional 1,274 shares in the last quarter. Strs Ohio boosted its position in shares of First Financial Bankshares by 6.4% during the 2nd quarter. Strs Ohio now owns 5,000 shares of the bank’s stock valued at $221,000 after purchasing an additional 300 shares in the last quarter. Finally, Municipal Employees Retirement System of Michigan boosted its position in shares of First Financial Bankshares by 3.9% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 15,610 shares of the bank’s stock valued at $690,000 after purchasing an additional 590 shares in the last quarter. Hedge funds and other institutional investors own 50.93% of the company’s stock.

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About First Financial Bankshares

First Financial Bankshares, Inc is a financial holding company. The Company, through its subsidiaries, conducts commercial banking business. As of December 31, 2016, the Company’s subsidiaries included First Financial Bank, National Association, Abilene, Texas; First Technology Services, Inc, Abilene, Texas; First Financial Trust & Asset Management Company, National Association, Abilene, Texas; First Financial Investments, Inc, Abilene, Texas, and First Financial Insurance Agency, Inc, Abilene, Texas.

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