Cambridge Investment Research Advisors Inc. Reduces Position in First Financial Corporation Indiana (NASDAQ:THFF)

Cambridge Investment Research Advisors Inc. lessened its stake in shares of First Financial Corporation Indiana (NASDAQ:THFF) by 20.2% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 6,891 shares of the bank’s stock after selling 1,746 shares during the period. Cambridge Investment Research Advisors Inc. owned approximately 0.06% of First Financial Corporation Indiana worth $338,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Kennedy Capital Management LLC purchased a new stake in shares of First Financial Corporation Indiana in the 4th quarter valued at $3,855,000. Millennium Management LLC boosted its holdings in shares of First Financial Corporation Indiana by 231.4% in the 4th quarter. Millennium Management LLC now owns 86,972 shares of the bank’s stock valued at $4,017,000 after acquiring an additional 60,732 shares during the last quarter. American Century Companies Inc. boosted its holdings in shares of First Financial Corporation Indiana by 9.2% in the 4th quarter. American Century Companies Inc. now owns 235,412 shares of the bank’s stock valued at $10,874,000 after acquiring an additional 19,867 shares during the last quarter. Tudor Investment Corp ET AL boosted its holdings in shares of First Financial Corporation Indiana by 88.9% in the 4th quarter. Tudor Investment Corp ET AL now owns 37,787 shares of the bank’s stock valued at $1,745,000 after acquiring an additional 17,782 shares during the last quarter. Finally, KLP Kapitalforvaltning AS purchased a new stake in shares of First Financial Corporation Indiana in the 4th quarter valued at $707,000. Hedge funds and other institutional investors own 72.74% of the company’s stock.

First Financial Corporation Indiana Stock Performance

Shares of NASDAQ THFF opened at $55.59 on Friday. The company’s fifty day moving average price is $52.65 and its 200 day moving average price is $49.66. First Financial Corporation Indiana has a 1 year low of $38.87 and a 1 year high of $57.43. The company has a market capitalization of $658.74 million, a PE ratio of 12.03 and a beta of 0.43. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.82 and a current ratio of 0.82.

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

First Financial Corporation Indiana Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 1st will be given a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a yield of 3.67%. The ex-dividend date is Tuesday, July 1st. First Financial Corporation Indiana’s dividend payout ratio is presently 44.16%.

Wall Street Analysts Forecast Growth

THFF has been the topic of a number of recent analyst reports. Wall Street Zen downgraded shares of First Financial Corporation Indiana from a “buy” rating to a “hold” rating in a report on Saturday. Raymond James Financial reissued a “market perform” rating on shares of First Financial Corporation Indiana in a report on Tuesday.

First Financial Corporation Indiana Company Profile

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.