Sigma Planning Corp lowered its stake in shares of First Defiance Financial Corp. (NASDAQ:FDEF) by 4.7% during the second quarter, Holdings Channel reports. The institutional investor owned 10,674 shares of the savings and loans company’s stock after selling 527 shares during the period. Sigma Planning Corp’s holdings in First Defiance Financial Corp. were worth $562,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in FDEF. Vanguard Group Inc. raised its stake in First Defiance Financial Corp. by 5.9% in the first quarter. Vanguard Group Inc. now owns 353,042 shares of the savings and loans company’s stock valued at $17,479,000 after buying an additional 19,582 shares in the last quarter. Renaissance Technologies LLC raised its stake in First Defiance Financial Corp. by 7.5% in the first quarter. Renaissance Technologies LLC now owns 306,500 shares of the savings and loans company’s stock valued at $15,175,000 after buying an additional 21,305 shares in the last quarter. LSV Asset Management raised its stake in First Defiance Financial Corp. by 19.9% in the first quarter. LSV Asset Management now owns 224,081 shares of the savings and loans company’s stock valued at $11,094,000 after buying an additional 37,220 shares in the last quarter. State Street Corp raised its stake in First Defiance Financial Corp. by 13.2% in the fourth quarter. State Street Corp now owns 170,717 shares of the savings and loans company’s stock valued at $8,661,000 after buying an additional 19,894 shares in the last quarter. Finally, Bank of America Corp DE raised its stake in First Defiance Financial Corp. by 1.1% in the first quarter. Bank of America Corp DE now owns 156,170 shares of the savings and loans company’s stock valued at $7,732,000 after buying an additional 1,741 shares in the last quarter. Institutional investors own 63.18% of the company’s stock.

First Defiance Financial Corp. (NASDAQ:FDEF) opened at 48.28 on Tuesday. First Defiance Financial Corp. has a 12-month low of $36.91 and a 12-month high of $56.90. The stock has a market capitalization of $490.04 million, a P/E ratio of 16.31 and a beta of 0.90. The firm’s 50-day moving average is $51.78 and its 200 day moving average is $51.50.

First Defiance Financial Corp. (NASDAQ:FDEF) last posted its quarterly earnings results on Monday, July 17th. The savings and loans company reported $0.82 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.84 by $0.02. First Defiance Financial Corp. had a return on equity of 9.35% and a net margin of 20.85%. The company had revenue of $34.77 million for the quarter, compared to analyst estimates of $33.88 million. Equities analysts expect that First Defiance Financial Corp. will post $3.14 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, August 25th. Stockholders of record on Friday, August 18th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Wednesday, August 16th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.07%. First Defiance Financial Corp.’s dividend payout ratio (DPR) is presently 33.90%.

WARNING: This piece was originally published by Watch List News and is owned by of Watch List News. If you are accessing this piece on another site, it was illegally stolen and republished in violation of U.S. and international trademark and copyright legislation. The correct version of this piece can be read at https://www.watchlistnews.com/sigma-planning-corp-has-562000-position-in-first-defiance-financial-corp-fdef/1489732.html.

FDEF has been the topic of several analyst reports. Keefe, Bruyette & Woods set a $51.00 price target on shares of First Defiance Financial Corp. and gave the company a “hold” rating in a research report on Tuesday, April 18th. Zacks Investment Research downgraded shares of First Defiance Financial Corp. from a “buy” rating to a “hold” rating in a report on Tuesday, June 20th. Sandler O’Neill began coverage on shares of First Defiance Financial Corp. in a report on Wednesday, June 21st. They set a “hold” rating and a $56.00 price objective on the stock. Finally, BidaskClub downgraded shares of First Defiance Financial Corp. from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st.

First Defiance Financial Corp. Company Profile

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).

Want to see what other hedge funds are holding FDEF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Defiance Financial Corp. (NASDAQ:FDEF).

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

Receive News & Ratings for First Defiance Financial Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Defiance Financial Corp. and related companies with Analyst Ratings Network's FREE daily email newsletter.