Goldman Sachs Group Inc. Acquires 1,666 Shares of First Financial Corporation Indiana $THFF

Goldman Sachs Group Inc. boosted its position in First Financial Corporation Indiana (NASDAQ:THFF) by 1.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 101,909 shares of the bank’s stock after purchasing an additional 1,666 shares during the quarter. Goldman Sachs Group Inc. owned approximately 0.86% of First Financial Corporation Indiana worth $4,992,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. US Bancorp DE grew its stake in shares of First Financial Corporation Indiana by 167.0% in the first quarter. US Bancorp DE now owns 2,475 shares of the bank’s stock worth $121,000 after acquiring an additional 1,548 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of First Financial Corporation Indiana during the first quarter valued at $213,000. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of First Financial Corporation Indiana during the fourth quarter valued at $236,000. Cerity Partners LLC boosted its position in shares of First Financial Corporation Indiana by 33.5% during the first quarter. Cerity Partners LLC now owns 5,930 shares of the bank’s stock valued at $290,000 after buying an additional 1,487 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of First Financial Corporation Indiana by 4.3% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,509 shares of the bank’s stock valued at $301,000 after buying an additional 266 shares during the last quarter. 72.74% of the stock is owned by hedge funds and other institutional investors.

First Financial Corporation Indiana Price Performance

THFF opened at $57.20 on Wednesday. The business has a fifty day moving average of $56.44 and a 200 day moving average of $52.26. First Financial Corporation Indiana has a 52-week low of $40.57 and a 52-week high of $60.77. 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 cap of $677.82 million, a P/E ratio of 10.94 and a beta of 0.48.

First Financial Corporation Indiana (NASDAQ:THFF) last posted its quarterly earnings data on Tuesday, July 22nd. The bank reported $1.57 earnings per share (EPS) 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 company had revenue of $63.05 million during the quarter, compared to analysts’ expectations of $63.28 million. As a group, sell-side analysts anticipate that First Financial Corporation Indiana will post 5.41 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have issued reports on THFF shares. Wall Street Zen raised First Financial Corporation Indiana from a “hold” rating to a “buy” rating in a research note on Sunday, July 20th. Raymond James Financial reaffirmed a “market perform” rating on shares of First Financial Corporation Indiana in a research note on Tuesday, July 8th. 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 research note on Wednesday, July 23rd. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $57.67.

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.