Goldman Sachs Group Inc. lifted its holdings in shares of First Defiance Financial Corp. (NASDAQ:FDEF) by 93.1% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 24,868 shares of the savings and loans company’s stock after buying an additional 11,991 shares during the period. Goldman Sachs Group Inc. owned approximately 0.25% of First Defiance Financial Corp. worth $1,310,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in FDEF. Legal & General Group Plc lifted its position in First Defiance Financial Corp. by 1.0% in the first quarter. Legal & General Group Plc now owns 2,400 shares of the savings and loans company’s stock valued at $119,000 after purchasing an additional 23 shares during the period. First Quadrant L P CA lifted its position in First Defiance Financial Corp. by 78.5% in the second quarter. First Quadrant L P CA now owns 2,644 shares of the savings and loans company’s stock valued at $139,000 after purchasing an additional 1,163 shares during the period. American International Group Inc. lifted its position in First Defiance Financial Corp. by 7.0% in the first quarter. American International Group Inc. now owns 5,415 shares of the savings and loans company’s stock valued at $268,000 after purchasing an additional 352 shares during the period. Acadian Asset Management LLC lifted its position in First Defiance Financial Corp. by 3.7% in the second quarter. Acadian Asset Management LLC now owns 5,657 shares of the savings and loans company’s stock valued at $298,000 after purchasing an additional 201 shares during the period. Finally, Alliancebernstein L.P. acquired a new stake in First Defiance Financial Corp. in the second quarter valued at about $327,000. Institutional investors and hedge funds own 63.33% of the company’s stock.

A number of equities research analysts recently commented on FDEF shares. Zacks Investment Research upgraded shares of First Defiance Financial Corp. from a “hold” rating to a “buy” rating and set a $61.00 price objective for the company in a research report on Wednesday, October 18th. ValuEngine upgraded shares of First Defiance Financial Corp. from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Sandler O’Neill upgraded shares of First Defiance Financial Corp. from a “hold” rating to a “buy” rating and set a $58.00 price objective for the company in a research report on Wednesday, July 19th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $54.00 price objective on shares of First Defiance Financial Corp. in a research report on Thursday, October 19th. Finally, BidaskClub cut shares of First Defiance Financial Corp. from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company’s stock. First Defiance Financial Corp. currently has an average rating of “Hold” and an average price target of $57.67.

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First Defiance Financial Corp. (NASDAQ:FDEF) opened at $53.94 on Friday. First Defiance Financial Corp. has a 1-year low of $36.91 and a 1-year high of $56.91. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.00 and a quick ratio of 1.00. The stock has a market cap of $547.44, a PE ratio of 16.05 and a beta of 0.94.

First Defiance Financial Corp. (NASDAQ:FDEF) last issued its earnings results on Monday, October 16th. The savings and loans company reported $0.92 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.87 by $0.05. First Defiance Financial Corp. had a net margin of 21.47% and a return on equity of 9.74%. The company had revenue of $34.50 million during the quarter, compared to analysts’ expectations of $34.85 million. equities research analysts anticipate that First Defiance Financial Corp. will post 3.45 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, November 17th. Shareholders of record on Friday, November 10th will be issued a $0.25 dividend. The ex-dividend date is Thursday, November 9th. This represents a $1.00 dividend on an annualized basis and a yield of 1.85%. First Defiance Financial Corp.’s dividend payout ratio (DPR) is presently 32.36%.

About First Defiance Financial Corp.

First Defiance Financial Corp. is a unitary thrift holding company that focuses on traditional banking and property and casualty, life and group health insurance products. The Company operates through its subsidiaries, First Federal Bank of the Midwest (First Federal or the Bank), First Insurance Group of the Midwest, Inc (First Insurance) and First Defiance Risk Management Inc (First Defiance Risk Management).

Institutional Ownership by Quarter for First Defiance Financial Corp. (NASDAQ:FDEF)

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