Is First Defiance Financial Corp. (FDEF) a Buy? The Stock Reaches 52-Week High Today

April 20, 2018 - By Clifton Ray

Investors sentiment decreased to 1.15 in Q4 2017. Its down 0.20, from 1.35 in 2017Q3. It is negative, as 6 investors sold First Defiance Financial Corp. shares while 33 reduced holdings. 10 funds opened positions while 35 raised stakes. 6.42 million shares or 0.94% less from 6.48 million shares in 2017Q3 were reported.
Jpmorgan Chase And Com holds 135,238 shares. Royal Bankshares Of Canada invested in 0% or 22,300 shares. Manufacturers Life Insur Com The invested 0.02% in First Defiance Financial Corp. (NASDAQ:FDEF). Price T Rowe Associates Md reported 6,127 shares. Meeder Asset Mngmt owns 383 shares for 0% of their portfolio. Smithfield Trust Com has 4,180 shares for 0.03% of their portfolio. Budros Ruhlin Roe Incorporated owns 28,441 shares. Metropolitan Life Com holds 0% of its portfolio in First Defiance Financial Corp. (NASDAQ:FDEF) for 3,288 shares. Citigroup stated it has 0% in First Defiance Financial Corp. (NASDAQ:FDEF). Prudential Fin holds 109,483 shares. Sg Americas Securities Limited Liability Corporation reported 2,297 shares. Lsv Asset Mngmt reported 0.02% stake. Loomis Sayles & Co Limited Partnership invested in 0% or 72 shares. First Tru Advsr Limited Partnership has 0% invested in First Defiance Financial Corp. (NASDAQ:FDEF) for 21,327 shares. State Street invested 0% of its portfolio in First Defiance Financial Corp. (NASDAQ:FDEF).

Since February 1, 2018, it had 2 buys, and 3 sales for $73,800 activity. Another trade for 2,193 shares valued at $124,036 was made by ALLEN GREGORY R on Friday, March 9. Shares for $49,445 were sold by Reisner John R. on Monday, March 12. $19,782 worth of First Defiance Financial Corp. (NASDAQ:FDEF) was sold by Hubbard Jean A..

The stock of First Defiance Financial Corp. (NASDAQ:FDEF) hit a new 52-week high and has $63.80 target or 3.00 % above today’s $61.94 share price. The 7 months bullish chart indicates low risk for the $630.69M company. The 1-year high was reported on Apr, 20 by Barchart.com. If the $63.80 price target is reached, the company will be worth $18.92M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 0.52% or $0.32 during the last trading session, reaching $61.94. About 9,820 shares traded. First Defiance Financial Corp. (NASDAQ:FDEF) has risen 18.89% since April 20, 2017 and is uptrending. It has outperformed by 7.34% the S&P500.

First Defiance Financial Corp. (NASDAQ:FDEF) Ratings Coverage

Among 2 analysts covering First Defiance Financial (NASDAQ:FDEF), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. First Defiance Financial had 5 analyst reports since December 6, 2017 according to SRatingsIntel. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Monday, February 26 report. Keefe Bruyette & Woods maintained First Defiance Financial Corp. (NASDAQ:FDEF) rating on Wednesday, December 6. Keefe Bruyette & Woods has “Hold” rating and $56.0 target. As per Tuesday, January 23, the company rating was maintained by Sandler O’Neill. The firm has “Buy” rating by Sandler O’Neill given on Tuesday, April 17. The firm has “Hold” rating given on Thursday, December 21 by Keefe Bruyette & Woods.

First Defiance Financial Corp. operates a unitary thrift holding firm that provides communities based financial services in northwest Ohio, northeast Indiana, and southeastern Michigan. The company has market cap of $630.69 million. It offers checking accounts, money market accounts, savings accounts, term certificate accounts, and certificates of deposit; and commercial real estate, commercial, consumer finance, 1-4 family residential real estate, construction, and home equity and improvement loans. It has a 19.24 P/E ratio. The firm also offers trust and wealth management services, as well as online banking services.

First Defiance Financial Corp. (NASDAQ:FDEF) Institutional Positions Chart

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