Hsbc Holdings PLC Has $211,000 Stock Position in First Financial Co. (NASDAQ:THFF)

Hsbc Holdings PLC lessened its holdings in First Financial Co. (NASDAQ:THFF – Get Rating) by 13.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,605 shares of the bank’s stock after selling 717 shares during the period. Hsbc Holdings PLC’s holdings in First Financial were worth $211,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in THFF. Swiss National Bank raised its holdings in shares of First Financial by 6.1% in the 1st quarter. Swiss National Bank now owns 25,926 shares of the bank’s stock worth $1,122,000 after acquiring an additional 1,500 shares during the last quarter. Raymond James & Associates acquired a new stake in shares of First Financial in the 1st quarter worth about $215,000. American Century Companies Inc. increased its stake in First Financial by 25.4% in the 1st quarter. American Century Companies Inc. now owns 28,695 shares of the bank’s stock valued at $1,242,000 after buying an additional 5,805 shares during the last quarter. MetLife Investment Management LLC increased its stake in First Financial by 52.0% in the 1st quarter. MetLife Investment Management LLC now owns 6,045 shares of the bank’s stock valued at $262,000 after buying an additional 2,068 shares during the last quarter. Finally, BlackRock Inc. increased its stake in First Financial by 17.0% in the 1st quarter. BlackRock Inc. now owns 1,331,453 shares of the bank’s stock valued at $57,625,000 after buying an additional 193,283 shares during the last quarter. Institutional investors and hedge funds own 73.38% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of First Financial from a “buy” rating to a “hold” rating in a research note on Wednesday, February 8th.

Insider Activity

In other First Financial news, Director William Curtis Brighton acquired 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 14th. The stock was bought at an average cost of $46.33 per share, with a total value of $46,330.00. Following the acquisition, the director now owns 20,000 shares in the company, valued at $926,600. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 3.41% of the company’s stock.

First Financial Stock Down 1.9 %

First Financial stock opened at $40.05 on Friday. First Financial Co. has a twelve month low of $39.27 and a twelve month high of $49.90. The firm has a 50 day moving average price of $44.44 and a 200-day moving average price of $46.12. The company has a market capitalization of $481.40 million, a P/E ratio of 6.89 and a beta of 0.57. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 0.02.

First Financial Profile

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First Financial Corp. is a bank holding company, which is engages in the provision of financial services. It offers commercial, mortgage and consumer lending, lease financing, trust account services, depositor services, and insurance services. The company was founded in 1984 and is headquartered in Terre Haute, IN.