Premier Financial Bancorp, Inc. (PFBI) Director Acquires $32,509.00 in Stock

Premier Financial Bancorp, Inc. (NASDAQ:PFBI) Director Harry Maxwell Hatfield purchased 1,711 shares of Premier Financial Bancorp stock in a transaction dated Friday, November 17th. The stock was bought at an average cost of $19.00 per share, with a total value of $32,509.00. Following the completion of the purchase, the director now owns 22,960 shares in the company, valued at approximately $436,240. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link.

Premier Financial Bancorp, Inc. (PFBI) traded up $0.04 during mid-day trading on Monday, reaching $18.74. 42,900 shares of the company traded hands, compared to its average volume of 17,413. Premier Financial Bancorp, Inc. has a fifty-two week low of $17.25 and a fifty-two week high of $22.92. The firm has a market capitalization of $199.93, a price-to-earnings ratio of 13.98 and a beta of 0.52. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.06.

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

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Several hedge funds have recently added to or reduced their stakes in PFBI. LSV Asset Management raised its holdings in shares of Premier Financial Bancorp by 38.7% during the second quarter. LSV Asset Management now owns 78,300 shares of the bank’s stock valued at $1,613,000 after acquiring an additional 21,858 shares during the period. State Street Corp grew its position in Premier Financial Bancorp by 12.5% in the second quarter. State Street Corp now owns 142,809 shares of the bank’s stock worth $2,942,000 after acquiring an additional 15,897 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Premier Financial Bancorp by 3.0% in the second quarter. Dimensional Fund Advisors LP now owns 519,839 shares of the bank’s stock worth $10,714,000 after acquiring an additional 14,975 shares in the last quarter. Martingale Asset Management L P grew its position in Premier Financial Bancorp by 27.4% in the second quarter. Martingale Asset Management L P now owns 45,571 shares of the bank’s stock worth $940,000 after acquiring an additional 9,805 shares in the last quarter. Finally, Vanguard Group Inc. grew its position in Premier Financial Bancorp by 4.6% in the second quarter. Vanguard Group Inc. now owns 221,118 shares of the bank’s stock worth $4,557,000 after acquiring an additional 9,778 shares in the last quarter. Institutional investors and hedge funds own 29.85% of the company’s stock.

About Premier Financial Bancorp

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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