Acadian Asset Management LLC raised its position in SI Financial Group, Inc. (NASDAQ:SIFI) by 5.6% during the second quarter, Holdings Channel reports. The fund owned 48,071 shares of the savings and loans company’s stock after buying an additional 2,548 shares during the period. Acadian Asset Management LLC’s holdings in SI Financial Group were worth $775,000 as of its most recent SEC filing.

SI Financial Group, Inc. (NASDAQ SIFI) traded down 2.32% during trading on Friday, hitting $14.75. The stock had a trading volume of 7,475 shares. The stock has a 50 day moving average price of $15.66 and a 200 day moving average price of $15.01. SI Financial Group, Inc. has a 12-month low of $12.30 and a 12-month high of $16.45. The company has a market capitalization of $174.74 million, a price-to-earnings ratio of 14.06 and a beta of 0.33.

SI Financial Group (NASDAQ:SIFI) last released its quarterly earnings results on Wednesday, July 26th. The savings and loans company reported $0.24 earnings per share for the quarter. The firm had revenue of $14.32 million for the quarter. SI Financial Group had a net margin of 17.81% and a return on equity of 7.64%. Equities research analysts forecast that SI Financial Group, Inc. will post $0.23 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, August 28th. Shareholders of record on Monday, August 7th will be issued a $0.05 dividend. The ex-dividend date of this dividend is Thursday, August 3rd. This represents a $0.20 annualized dividend and a yield of 1.36%. SI Financial Group’s dividend payout ratio is currently 18.87%.

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In other SI Financial Group news, CFO Lauren L. Murphy sold 3,143 shares of the stock in a transaction dated Wednesday, May 17th. The shares were sold at an average price of $14.96, for a total value of $47,019.28. Following the transaction, the chief financial officer now directly owns 18,682 shares of the company’s stock, valued at approximately $279,482.72. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Rheo A. Brouillard sold 2,080 shares of the stock in a transaction dated Thursday, August 10th. The shares were sold at an average price of $15.20, for a total transaction of $31,616.00. Following the completion of the transaction, the insider now directly owns 68,913 shares in the company, valued at $1,047,477.60. The disclosure for this sale can be found here. Over the last three months, insiders sold 5,885 shares of company stock worth $88,707. Insiders own 4.88% of the company’s stock.

SI Financial Group Company Profile

SI Financial Group, Inc is a holding company for Savings Institute Bank and Trust Company (the Bank). The Bank operates as a community-oriented financial institution offering a range of financial services to consumers and businesses in its market area, including insurance, trust and investment services.

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Institutional Ownership by Quarter for SI Financial Group (NASDAQ:SIFI)

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