SI Financial Group, Inc. (NASDAQ:SIFI) CEO Rheo A. Brouillard sold 2,532 shares of the company’s stock in a transaction on Friday, February 9th. The shares were sold at an average price of $14.13, for a total transaction of $35,777.16. Following the completion of the sale, the chief executive officer now owns 46,877 shares of the company’s stock, valued at approximately $662,372.01. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

SI Financial Group, Inc. (SIFI) traded down $0.20 during mid-day trading on Tuesday, reaching $13.90. 12,400 shares of the company traded hands, compared to its average volume of 10,456. SI Financial Group, Inc. has a 1 year low of $13.50 and a 1 year high of $16.45. The stock has a market cap of $172.08, a P/E ratio of 12.41 and a beta of 0.28. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.07 and a current ratio of 1.07.

The firm also recently declared a quarterly dividend, which will be paid on Monday, February 26th. Investors of record on Monday, February 5th will be given a $0.06 dividend. This is an increase from SI Financial Group’s previous quarterly dividend of $0.05. The ex-dividend date is Friday, February 2nd. This represents a $0.24 annualized dividend and a yield of 1.73%. SI Financial Group’s dividend payout ratio is 21.43%.

Hedge funds have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. raised its position in SI Financial Group by 610.5% in the 3rd quarter. Russell Investments Group Ltd. now owns 43,817 shares of the savings and loans company’s stock valued at $655,000 after purchasing an additional 37,650 shares during the last quarter. Northern Trust Corp raised its position in SI Financial Group by 10.5% in the 2nd quarter. Northern Trust Corp now owns 128,305 shares of the savings and loans company’s stock valued at $2,066,000 after purchasing an additional 12,156 shares during the last quarter. FNY Partners Fund LP raised its position in SI Financial Group by 94.1% in the 3rd quarter. FNY Partners Fund LP now owns 18,979 shares of the savings and loans company’s stock valued at $283,000 after purchasing an additional 9,199 shares during the last quarter. Foundry Partners LLC raised its position in SI Financial Group by 5.4% in the 3rd quarter. Foundry Partners LLC now owns 137,595 shares of the savings and loans company’s stock valued at $2,057,000 after purchasing an additional 7,024 shares during the last quarter. Finally, Acadian Asset Management LLC raised its position in SI Financial Group by 7.1% in the 4th quarter. Acadian Asset Management LLC now owns 57,435 shares of the savings and loans company’s stock valued at $844,000 after purchasing an additional 3,792 shares during the last quarter. Hedge funds and other institutional investors own 59.56% of the company’s stock.

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About SI Financial Group

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.

Insider Buying and Selling by Quarter for SI Financial Group (NASDAQ:SIFI)

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