First Financial Bankshares, Inc. (NASDAQ:FFIN) director buys $204,000.00 worth of stock


First Financial Bankshares, Inc. (NASDAQ: FFIN – Get a rating) Manager Kade Matthews acquired 5,000 shares in a trade dated Friday, April 29. The shares were purchased at an average price of $40.80 per share, with a total value of $204,000.00. Following completion of the transaction, the administrator now directly owns 10,848 shares of the company, valued at $442,598.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available via the SEC website.

FFIN stock traded down $0.35 at midday on Friday, hitting $40.36. The company’s shares had a trading volume of 10,906 shares, compared to an average trading volume of 460,763. The company has a market capitalization of $5.76 billion, a price-earnings ratio of 25.77 and a beta of 0.85. The company’s 50-day moving average price is $44.54 and its 200-day moving average price is $48.36. First Financial Bankshares, Inc. has a 12-month low of $40.09 and a 12-month high of $55.00.

First Financial Bankshares (NASDAQ:FFIN – Get a rating) last reported results on Thursday, April 21. The bank reported earnings per share of $0.39 for the quarter, beating the Zacks consensus estimate of $0.37 by $0.02. First Financial Bankshares had a return on equity of 13.04% and a net margin of 43.17%. Research analysts expect First Financial Bankshares, Inc. to post 1.51 earnings per share for the current fiscal year.

(A d)

Whether you’re looking to learn the basics of futures or you’re a seasoned veteran looking to hone your trading skills, our technical analysis guide has everything you need to succeed in today’s futures markets. today!

The company also recently announced a quarterly dividend, which will be paid on Friday, July 1. Shareholders of record on Thursday, June 16 will receive a dividend of $0.17. This is an increase from First Financial Bankshares’ previous quarterly dividend of $0.15. This represents a dividend of $0.68 on an annualized basis and a yield of 1.68%. The ex-date of this dividend is Wednesday, June 15. First Financial Bankshares’ payout ratio is currently 37.97%.

A number of brokerages have recently released reports on FFIN. Zacks Investment Research upgraded First Financial Bankshares from a “hold” rating to a “buy” rating and set a price target of $45.00 for the company in a research report on Wednesday. upgraded First Financial Bankshares from a “sell” rating to a “hold” rating in a Friday, April 22 research report.

A number of hedge funds have recently changed their FFIN holdings. South Dakota’s Sageworth Trust Co bought a new stake in First Financial Bankshares in the fourth quarter worth about $31,000. Massmutual Trust Co. FSB ADV purchased a new equity stake in First Financial Bankshares during the first quarter worth approximately $32,000. Ahrens Investment Partners LLC increased its equity stake in First Financial Bankshares by 520.2% during the first quarter. Ahrens Investment Partners LLC now owns 769 shares of the bank valued at $34,000 after acquiring an additional 645 shares last quarter. Schubert & Co purchased a new equity stake in First Financial Bankshares during the fourth quarter worth approximately $69,000. Finally, Steward Financial Group LLC purchased a new equity stake in First Financial Bankshares during the fourth quarter valued at approximately $112,000. Institutional investors and hedge funds own 53.50% of the company’s shares.

First Financial Bankshares Company Profile (Get a rating)

First Financial Bankshares, Inc, through its subsidiaries, provides commercial banking products and services in Texas. The company accepts checking, savings and money market accounts, as well as term deposits; commercial and industrial, municipal, agricultural, construction and development, agricultural, non-occupied and owner-occupied commercial real estate, residential, and auto and non-auto lending to businesses, professionals, and farms and ranches.

See also

Insider buying and selling by quarter for First Financial Bankshares (NASDAQ:FFIN)

This instant news alert was powered by MarketBeat’s storytelling science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]

Should you invest $1,000 in First Financial Bankshares right now?

Before you consider First Financial Bankshares, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated, top-performing research analysts daily and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes off…and First Financial Bankshares didn’t make the list.

While First Financial Bankshares currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the 5 actions here


About Author

Comments are closed.