LSV Asset Management continued to hold its position in Flushing Financial Corporation (NASDAQ:FFIC) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 528,111 shares of the bank’s stock at the end of the 2nd quarter. LSV Asset Management owned about 1.81% of Flushing Financial Corporation worth $14,887,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of FFIC. Teachers Advisors LLC lifted its position in Flushing Financial Corporation by 2.1% during the fourth quarter. Teachers Advisors LLC now owns 50,049 shares of the bank’s stock valued at $1,471,000 after acquiring an additional 1,034 shares during the last quarter. Bank of Montreal Can lifted its position in Flushing Financial Corporation by 60.0% during the first quarter. Bank of Montreal Can now owns 7,450 shares of the bank’s stock valued at $200,000 after acquiring an additional 2,793 shares during the last quarter. Wells Fargo & Company MN lifted its position in Flushing Financial Corporation by 7.8% during the first quarter. Wells Fargo & Company MN now owns 30,151 shares of the bank’s stock valued at $810,000 after acquiring an additional 2,172 shares during the last quarter. Bank of New York Mellon Corp lifted its position in Flushing Financial Corporation by 4.7% during the first quarter. Bank of New York Mellon Corp now owns 215,460 shares of the bank’s stock valued at $5,790,000 after acquiring an additional 9,666 shares during the last quarter. Finally, Swiss National Bank lifted its position in Flushing Financial Corporation by 5.7% during the first quarter. Swiss National Bank now owns 44,823 shares of the bank’s stock valued at $1,204,000 after acquiring an additional 2,400 shares during the last quarter. 77.31% of the stock is owned by institutional investors.

FFIC has been the subject of a number of analyst reports. Piper Jaffray Companies reissued a “hold” rating and set a $28.00 target price on shares of Flushing Financial Corporation in a research report on Friday, July 14th. BidaskClub cut shares of Flushing Financial Corporation from a “sell” rating to a “strong sell” rating in a report on Tuesday, July 25th. ValuEngine raised shares of Flushing Financial Corporation from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Zacks Investment Research raised shares of Flushing Financial Corporation from a “hold” rating to a “buy” rating and set a $31.00 price target for the company in a report on Monday, August 28th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $30.00 price target on shares of Flushing Financial Corporation in a report on Thursday, August 10th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $30.33.

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Flushing Financial Corporation (NASDAQ:FFIC) opened at 27.40 on Thursday. The stock has a market cap of $798.30 million, a PE ratio of 15.95 and a beta of 1.10. Flushing Financial Corporation has a 12-month low of $20.95 and a 12-month high of $31.96. The firm has a 50 day moving average of $27.59 and a 200-day moving average of $27.81.

Flushing Financial Corporation (NASDAQ:FFIC) last posted its quarterly earnings results on Tuesday, July 25th. The bank reported $0.46 EPS for the quarter, topping the consensus estimate of $0.41 by $0.05. Flushing Financial Corporation had a net margin of 19.96% and a return on equity of 9.23%. The company had revenue of $45.57 million during the quarter, compared to analysts’ expectations of $46.79 million. During the same quarter in the previous year, the business posted $0.39 EPS. On average, analysts expect that Flushing Financial Corporation will post $1.74 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 8th will be issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 2.63%. The ex-dividend date is Thursday, September 7th. Flushing Financial Corporation’s dividend payout ratio (DPR) is presently 41.62%.

About Flushing Financial Corporation

Flushing Financial Corporation is the bank holding company for Flushing Bank (the Bank). The Company is a community-oriented financial institution offering a range of financial services. The Bank’s subsidiaries include Flushing Preferred Funding Corporation, Flushing Service Corporation and FSB Properties Inc The Company also owns Flushing Financial Capital Trust II, Flushing Financial Capital Trust III and Flushing Financial Capital Trust IV (the Trusts).

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Institutional Ownership by Quarter for Flushing Financial Corporation (NASDAQ:FFIC)

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