Premier Financial Bancorp, Inc. (NASDAQ:PFBI) Director Philip E. Cline bought 69,386 shares of the business’s stock in a transaction dated Thursday, November 8th. The stock was purchased at an average price of $18.25 per share, with a total value of $1,266,294.50. Following the purchase, the director now directly owns 164,694 shares of the company’s stock, valued at approximately $3,005,665.50. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

NASDAQ:PFBI opened at $18.85 on Wednesday. Premier Financial Bancorp, Inc. has a 1 year low of $13.42 and a 1 year high of $21.40. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.85 and a quick ratio of 0.85. The company has a market capitalization of $265.48 million, a PE ratio of 13.33 and a beta of 0.48.

Several large investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP raised its position in Premier Financial Bancorp by 3.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 755,409 shares of the bank’s stock worth $13,967,000 after purchasing an additional 25,045 shares during the last quarter. BlackRock Inc. raised its position in Premier Financial Bancorp by 1.4% in the 3rd quarter. BlackRock Inc. now owns 614,630 shares of the bank’s stock worth $11,365,000 after purchasing an additional 8,490 shares during the last quarter. Martingale Asset Management L P raised its position in Premier Financial Bancorp by 18.0% in the 3rd quarter. Martingale Asset Management L P now owns 65,721 shares of the bank’s stock worth $1,216,000 after purchasing an additional 10,010 shares during the last quarter. Rhumbline Advisers raised its position in Premier Financial Bancorp by 35.4% in the 3rd quarter. Rhumbline Advisers now owns 15,586 shares of the bank’s stock worth $288,000 after purchasing an additional 4,075 shares during the last quarter. Finally, Wells Fargo & Company MN raised its position in Premier Financial Bancorp by 58.8% in the 3rd quarter. Wells Fargo & Company MN now owns 28,421 shares of the bank’s stock worth $526,000 after purchasing an additional 10,519 shares during the last quarter. Institutional investors own 33.39% of the company’s stock.

Separately, BidaskClub cut shares of Premier Financial Bancorp from a “buy” rating to a “hold” rating in a research note on Thursday, July 26th.

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Premier Financial Bancorp Company Profile

Premier Financial Bancorp, Inc, a multi-bank holding company, provides community banking services to individuals and small-to-medium sized businesses. The company accepts various deposit products, including checking, NOW, savings, money market, club, individual retirement, and overdraft protection accounts, as well as certificates of deposit.

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Insider Buying and Selling by Quarter for Premier Financial Bancorp (NASDAQ:PFBI)

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