Premier Financial Bancorp, Inc. (NASDAQ:PFBI) Chairman Marshall T. Reynolds sold 25,000 shares of the business’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $18.90, for a total value of $472,500.00. Following the completion of the sale, the chairman now directly owns 758,219 shares of the company’s stock, valued at approximately $14,330,339.10. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Premier Financial Bancorp, Inc. (NASDAQ:PFBI) traded down $0.34 during midday trading on Thursday, hitting $19.00. The stock had a trading volume of 15,000 shares, compared to its average volume of 17,478. Premier Financial Bancorp, Inc. has a 12 month low of $17.25 and a 12 month high of $22.92. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.87 and a current ratio of 0.87. The company has a market cap of $206.33, a price-to-earnings ratio of 14.43 and a beta of 0.52.

Premier Financial Bancorp (NASDAQ:PFBI) last released its earnings results on Thursday, November 2nd. The bank reported $0.32 earnings per share for the quarter. Premier Financial Bancorp had a return on equity of 8.07% and a net margin of 20.75%. The company had revenue of $16.21 million during the quarter.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $0.60 dividend on an annualized basis and a yield of 3.16%. Premier Financial Bancorp’s dividend payout ratio is presently 44.78%.

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A number of large investors have recently made changes to their positions in the stock. Bank of New York Mellon Corp increased its holdings in Premier Financial Bancorp by 0.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 46,988 shares of the bank’s stock valued at $969,000 after purchasing an additional 342 shares during the period. TIAA CREF Investment Management LLC increased its holdings in Premier Financial Bancorp by 1.4% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 27,237 shares of the bank’s stock valued at $561,000 after purchasing an additional 389 shares during the period. Nationwide Fund Advisors increased its holdings in Premier Financial Bancorp by 8.3% during the 2nd quarter. Nationwide Fund Advisors now owns 11,682 shares of the bank’s stock valued at $241,000 after purchasing an additional 900 shares during the period. Teachers Advisors LLC increased its holdings in Premier Financial Bancorp by 6.0% during the 2nd quarter. Teachers Advisors LLC now owns 17,033 shares of the bank’s stock valued at $351,000 after purchasing an additional 969 shares during the period. Finally, Schwab Charles Investment Management Inc. increased its holdings in Premier Financial Bancorp by 10.4% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 17,913 shares of the bank’s stock valued at $370,000 after purchasing an additional 1,694 shares during the period. Institutional investors own 29.85% of the company’s stock.

Premier Financial Bancorp Company Profile

Premier Financial Bancorp, Inc (Premier) is a multi-bank holding company. The Company’s banking subsidiaries (the Banks or Affiliate Banks) consist of Citizens Deposit Bank and Trust, Inc, Vanceburg, Kentucky and Premier Bank, Inc, Huntington, West Virginia. Through the Banks, the Company focuses on providing community banking services to individuals and small-to-medium sized businesses.

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