GAMMA Investing LLC Acquires 11,710 Shares of First Financial Corporation Indiana (NASDAQ:THFF)

GAMMA Investing LLC raised its holdings in First Financial Corporation Indiana (NASDAQ:THFF) by 26,022.2% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,755 shares of the bank’s stock after buying an additional 11,710 shares during the quarter. GAMMA Investing LLC owned about 0.10% of First Financial Corporation Indiana worth $576,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Quantbot Technologies LP bought a new stake in shares of First Financial Corporation Indiana in the 4th quarter worth approximately $39,000. Ieq Capital LLC bought a new stake in shares of First Financial Corporation Indiana in the 4th quarter worth approximately $205,000. XTX Topco Ltd bought a new stake in shares of First Financial Corporation Indiana in the 4th quarter worth approximately $213,000. Wealth Enhancement Advisory Services LLC purchased a new position in shares of First Financial Corporation Indiana in the 4th quarter valued at approximately $236,000. Finally, Cubist Systematic Strategies LLC lifted its stake in shares of First Financial Corporation Indiana by 27.6% in the 4th quarter. Cubist Systematic Strategies LLC now owns 5,586 shares of the bank’s stock valued at $258,000 after purchasing an additional 1,209 shares during the period. 72.74% of the stock is currently owned by institutional investors.

First Financial Corporation Indiana Stock Up 0.1%

Shares of NASDAQ:THFF opened at $50.81 on Thursday. First Financial Corporation Indiana has a 12-month low of $34.61 and a 12-month high of $53.60. The stock has a fifty day simple moving average of $49.84 and a two-hundred day simple moving average of $48.97. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.22. The stock has a market capitalization of $602.10 million, a price-to-earnings ratio of 11.00 and a beta of 0.42.

First Financial Corporation Indiana (NASDAQ:THFF) last posted its quarterly earnings results on Tuesday, April 22nd. The bank reported $1.55 earnings per share for the quarter, topping the consensus estimate of $1.29 by $0.26. First Financial Corporation Indiana had a return on equity of 9.88% and a net margin of 16.99%. The firm had revenue of $62.49 million during the quarter, compared to analysts’ expectations of $62.04 million. On average, research analysts anticipate that First Financial Corporation Indiana will post 5.41 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on THFF. Wall Street Zen upgraded First Financial Corporation Indiana from a “hold” rating to a “buy” rating in a research note on Wednesday, May 14th. Janney Montgomery Scott upgraded First Financial Corporation Indiana from a “neutral” rating to a “buy” rating and set a $58.00 target price for the company in a research note on Monday, February 24th.

About First Financial Corporation Indiana

First Financial Corporation, through its subsidiaries, provides various financial services. The company offers non-interest-bearing demand, interest-bearing demand, savings, time, and other time deposits. It also provides commercial loans primarily to expand a business or finance asset purchases; residential real estate and residential real estate construction loans; and home equity loans and lines, secured loans, and cash/CD secured and unsecured loans.