Premier Financial Bancorp, Inc. (NASDAQ:PFBI) Chairman Marshall T. Reynolds sold 25,000 shares of Premier Financial Bancorp stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $18.90, for a total transaction of $472,500.00. Following the transaction, the chairman now directly owns 758,219 shares of the company’s stock, valued at $14,330,339.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Premier Financial Bancorp, Inc. (NASDAQ PFBI) traded up $0.48 during mid-day trading on Wednesday, reaching $19.34. 22,600 shares of the company’s stock were exchanged, compared to its average volume of 17,489. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.87 and a current ratio of 0.87. Premier Financial Bancorp, Inc. has a 1 year low of $17.25 and a 1 year high of $22.92. The company has a market capitalization of $201.21, a PE ratio of 14.07 and a beta of 0.52.

Premier Financial Bancorp (NASDAQ:PFBI) last released its quarterly earnings data 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 firm had revenue of $16.21 million during the quarter.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be given a dividend of $0.15 per share. The ex-dividend date is Thursday, December 14th. This represents a $0.60 dividend on an annualized basis and a yield of 3.10%. Premier Financial Bancorp’s dividend payout ratio (DPR) is 44.78%.

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Several institutional investors have recently made changes to their positions in PFBI. Bessemer Group Inc. boosted its position in shares of Premier Financial Bancorp by 26.4% in the second quarter. Bessemer Group Inc. now owns 12,460 shares of the bank’s stock valued at $257,000 after acquiring an additional 2,600 shares during the period. Schwab Charles Investment Management Inc. boosted its position in shares of Premier Financial Bancorp by 10.4% in the second quarter. Schwab Charles Investment Management Inc. now owns 17,913 shares of the bank’s stock valued at $370,000 after acquiring an additional 1,694 shares during the period. Bank of New York Mellon Corp boosted its position in shares of Premier Financial Bancorp by 0.7% in the second quarter. Bank of New York Mellon Corp now owns 46,988 shares of the bank’s stock valued at $969,000 after acquiring an additional 342 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Premier Financial Bancorp by 5.3% in the second quarter. JPMorgan Chase & Co. now owns 42,732 shares of the bank’s stock valued at $880,000 after acquiring an additional 2,138 shares during the period. Finally, LSV Asset Management boosted its position in shares of Premier Financial Bancorp by 38.7% in 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. 29.85% of the stock is owned by institutional investors.

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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