American Century Companies Inc. Purchases 22,282 Shares of First Financial Corporation Indiana $THFF

American Century Companies Inc. grew its position in shares of First Financial Corporation Indiana (NASDAQ:THFF) by 9.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 257,694 shares of the bank’s stock after purchasing an additional 22,282 shares during the quarter. American Century Companies Inc. owned approximately 2.17% of First Financial Corporation Indiana worth $12,622,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. US Bancorp DE increased its position in shares of First Financial Corporation Indiana by 167.0% during the 1st quarter. US Bancorp DE now owns 2,475 shares of the bank’s stock valued at $121,000 after purchasing an additional 1,548 shares during the last quarter. XTX Topco Ltd bought a new position in shares of First Financial Corporation Indiana during the 4th quarter valued at about $213,000. Wealth Enhancement Advisory Services LLC bought a new position in shares of First Financial Corporation Indiana during the 4th quarter valued at about $236,000. Cubist Systematic Strategies LLC increased its position in shares of First Financial Corporation Indiana by 27.6% during 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 last quarter. Finally, Occudo Quantitative Strategies LP bought a new position in shares of First Financial Corporation Indiana during the 4th quarter valued at about $261,000. 72.74% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently commented on THFF. Raymond James Financial reiterated a “market perform” rating on shares of First Financial Corporation Indiana in a research report on Tuesday, July 8th. Keefe, Bruyette & Woods raised their price target on First Financial Corporation Indiana from $55.00 to $61.00 and gave the stock a “market perform” rating in a research report on Wednesday, July 23rd. Finally, Wall Street Zen upgraded First Financial Corporation Indiana from a “hold” rating to a “buy” rating in a research report on Sunday, July 20th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $57.67.

First Financial Corporation Indiana Trading Down 0.7%

NASDAQ THFF opened at $57.96 on Tuesday. First Financial Corporation Indiana has a fifty-two week low of $40.57 and a fifty-two week high of $58.56. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.83 and a current ratio of 0.83. The stock has a 50 day simple moving average of $54.86 and a two-hundred day simple moving average of $51.47. The stock has a market cap of $686.83 million, a P/E ratio of 11.08 and a beta of 0.47.

First Financial Corporation Indiana (NASDAQ:THFF) last released its quarterly earnings data on Tuesday, July 22nd. The bank reported $1.57 earnings per share for the quarter, topping the consensus estimate 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 business had revenue of $63.05 million during the quarter, compared to analysts’ expectations of $63.28 million. On average, analysts forecast that First Financial Corporation Indiana will post 5.41 earnings per share for the current year.

First Financial Corporation Indiana Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Tuesday, July 1st were paid a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date was Tuesday, July 1st. 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.