First Financial Corporation Indiana $THFF Shares Acquired by US Bancorp DE

US Bancorp DE boosted its stake in shares of First Financial Corporation Indiana (NASDAQ:THFF) by 167.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,475 shares of the bank’s stock after purchasing an additional 1,548 shares during the quarter. US Bancorp DE’s holdings in First Financial Corporation Indiana were worth $121,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of THFF. XTX Topco Ltd acquired a new stake in shares of First Financial Corporation Indiana in the 4th quarter valued at about $213,000. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of First Financial Corporation Indiana in the 4th quarter worth approximately $236,000. Cubist Systematic Strategies LLC grew its holdings 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 worth $258,000 after acquiring an additional 1,209 shares during the period. Occudo Quantitative Strategies LP purchased a new position in First Financial Corporation Indiana during the fourth quarter worth $261,000. Finally, EP Wealth Advisors LLC purchased a new position in First Financial Corporation Indiana during the fourth quarter worth $264,000. Hedge funds and other institutional investors own 72.74% of the company’s stock.

Wall Street Analysts Forecast Growth

THFF has been the topic of several analyst reports. Raymond James Financial restated a “market perform” rating on shares of First Financial Corporation Indiana in a report on Tuesday, July 8th. Wall Street Zen upgraded First Financial Corporation Indiana from a “hold” rating to a “buy” rating in a report on Sunday, July 20th. Finally, Keefe, Bruyette & Woods raised their price objective on First Financial Corporation Indiana from $55.00 to $61.00 and gave the stock a “market perform” rating in a report on Wednesday, July 23rd.

First Financial Corporation Indiana Price Performance

THFF stock opened at $55.06 on Monday. First Financial Corporation Indiana has a 52-week low of $40.57 and a 52-week high of $57.91. The stock’s fifty day simple moving average is $54.34 and its 200-day simple moving average is $51.22. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $652.46 million, a price-to-earnings ratio of 10.53 and a beta of 0.47.

First Financial Corporation Indiana (NASDAQ:THFF) last issued its earnings results on Tuesday, July 22nd. The bank reported $1.57 earnings per share for the quarter, beating analysts’ consensus estimates of $1.43 by $0.14. First Financial Corporation Indiana had a return on equity of 10.90% and a net margin of 18.44%. The firm had revenue of $63.05 million for the quarter, compared to analysts’ expectations of $63.28 million. Equities research analysts expect that First Financial Corporation Indiana will post 5.41 EPS for the current year.

First Financial Corporation Indiana Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Tuesday, July 1st were issued a $0.51 dividend. The ex-dividend date was Tuesday, July 1st. This represents a $2.04 dividend on an annualized basis and a yield of 3.7%. First Financial Corporation Indiana’s dividend payout ratio (DPR) is presently 39.01%.

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.