Could First Defiance Financial Corp. (FDEF) Go Down After Reaching All Time High?

April 17, 2018 - By Tina Thibodeau

Investors sentiment decreased to 1.15 in Q4 2017. Its down 0.20, from 1.35 in 2017Q3. It dropped, 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.
Wells Fargo And Commerce Mn holds 0% of its portfolio in First Defiance Financial Corp. (NASDAQ:FDEF) for 27,907 shares. Sg Americas Securities Limited Liability Com has 2,297 shares for 0% of their portfolio. California State Teachers Retirement System stated it has 15,646 shares or 0% of all its holdings. Dimensional Fund Limited Partnership owns 0.02% invested in First Defiance Financial Corp. (NASDAQ:FDEF) for 804,314 shares. Tower Ltd Liability Corporation (Trc) holds 0% of its portfolio in First Defiance Financial Corp. (NASDAQ:FDEF) for 348 shares. Goldman Sachs Gru holds 0% or 45,219 shares. Voya Inv Management Lc, a Georgia-based fund reported 6,622 shares. First Limited Partnership owns 21,327 shares for 0% of their portfolio. Smith Asset Gru L P has invested 0% in First Defiance Financial Corp. (NASDAQ:FDEF). Sigma Planning owns 10,616 shares for 0.04% of their portfolio. Earnest Prtnrs Limited reported 0% stake. The New York-based Indexiq Advsrs Limited Liability has invested 0.05% in First Defiance Financial Corp. (NASDAQ:FDEF). Aqr Cap Ltd owns 153,742 shares. Jacobs Levy Equity Mngmt Inc has invested 0.02% in First Defiance Financial Corp. (NASDAQ:FDEF). Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv Mngmt Corporation holds 0.01% or 11,874 shares in its portfolio.

Since February 1, 2018, it had 2 insider buys, and 3 selling transactions for $73,800 activity. On Thursday, February 1 the insider Robison Mark Andrew bought $59,655. Another trade for 850 shares valued at $49,445 was sold by Reisner John R.. Another trade for 350 shares valued at $19,782 was sold by Hubbard Jean A..

The stock of First Defiance Financial Corp. (NASDAQ:FDEF) reached all time high today, Apr, 17 and still has $65.33 target or 8.00 % above today’s $60.49 share price. This indicates more upside for the $615.93M company. This technical setup was reported by Barchart.com. If the $65.33 PT is reached, the company will be worth $49.27 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock increased 3.19% or $1.87 during the last trading session, reaching $60.49. About 20,579 shares traded. First Defiance Financial Corp. (NASDAQ:FDEF) has risen 18.89% since April 17, 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 4 analyst reports since December 6, 2017 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods on Wednesday, December 6 with “Hold”. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Monday, February 26. Sandler O’Neill maintained First Defiance Financial Corp. (NASDAQ:FDEF) rating on Tuesday, January 23. Sandler O’Neill has “Buy” rating and $64.0 target. The company was maintained 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 $615.93 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 18.79 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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