5 Stocks to Buy According to Fred Cummings’ Elizabeth Park Capital

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Below is the list of 5 stocks to buy according to Fred Cummings’ Elizabeth Park Capital. For a detailed discussion about  Fred Cummings investment philosophy and portfolio management strategies please see 10 Stocks to Buy According to Fred Cummings’ Elizabeth Park Capital.

5. Premier Financial Corp (NASDAQ:OHIO)

Elizabeth Park Capital’s Stake Value: $8.75 million

Percentage of Elizabeth Park Capital’s 13F Portfolio: 3.08%

Number of Hedge Fund Holders: 13

Premier Financial Corp. (NASDAQ:PFC) is one of the best dividend stocks. It recently increased quarterly dividends by 7% to $0.30, yielding over 3.90%. Moreover, its dividends also seem secure due to the bank’s strong financial position. Its net income for 2021 was $126.1 million, compared to $63.1 million in the past year. A dividend payout ratio based on earnings of close to 30% provides room for further dividend increases.

Premier Financial Corp. (NASDAQ:PFC) was in 13 hedge funds’ portfolios at the end of September. Jim Simons’ Renaissance Technologies was the leading stakeholder in the company.

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