Mirae Asset Global Investments Co. Ltd. Has $526,000 Stock Holdings in First Financial Corporation Indiana $THFF

Mirae Asset Global Investments Co. Ltd. grew its position in First Financial Corporation Indiana (NASDAQ:THFF) by 12.1% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 9,706 shares of the bank’s stock after purchasing an additional 1,046 shares during the period. Mirae Asset Global Investments Co. Ltd. owned about 0.08% of First Financial Corporation Indiana worth $526,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also added to or reduced their stakes in THFF. Wealth Enhancement Advisory Services LLC bought a new stake in First Financial Corporation Indiana during the 4th quarter worth about $236,000. GAMMA Investing LLC increased its stake in shares of First Financial Corporation Indiana by 26,022.2% in the 1st quarter. GAMMA Investing LLC now owns 11,755 shares of the bank’s stock valued at $576,000 after acquiring an additional 11,710 shares during the last quarter. SG Americas Securities LLC increased its stake in shares of First Financial Corporation Indiana by 4.5% in the 1st quarter. SG Americas Securities LLC now owns 15,236 shares of the bank’s stock valued at $746,000 after acquiring an additional 656 shares during the last quarter. Johnson Investment Counsel Inc. increased its stake in shares of First Financial Corporation Indiana by 28.6% in the 1st quarter. Johnson Investment Counsel Inc. now owns 9,000 shares of the bank’s stock valued at $441,000 after acquiring an additional 2,000 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC increased its stake in shares of First Financial Corporation Indiana by 54.0% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 10,399 shares of the bank’s stock valued at $509,000 after acquiring an additional 3,646 shares during the last quarter. Institutional investors and hedge funds own 72.74% of the company’s stock.

First Financial Corporation Indiana Trading Down 2.9%

Shares of First Financial Corporation Indiana stock opened at $52.05 on Friday. The business has a fifty day simple moving average of $56.65 and a two-hundred day simple moving average of $53.04. First Financial Corporation Indiana has a 1 year low of $41.88 and a 1 year high of $63.04. The company has a market capitalization of $616.79 million, a price-to-earnings ratio of 9.95 and a beta of 0.43. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.83 and a quick ratio of 0.83.

First Financial Corporation Indiana (NASDAQ:THFF) last announced its quarterly earnings results on Tuesday, July 22nd. The bank reported $1.57 earnings per share (EPS) for the quarter, beating 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 the consensus estimate of $63.28 million. Research analysts forecast that First Financial Corporation Indiana will post 5.41 EPS for the current year.

First Financial Corporation Indiana Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Wednesday, October 1st will be given a $0.51 dividend. The ex-dividend date is Wednesday, October 1st. This represents a $2.04 dividend on an annualized basis and a dividend yield of 3.9%. First Financial Corporation Indiana’s dividend payout ratio (DPR) is presently 39.01%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on THFF. Raymond James Financial reaffirmed a “market perform” rating on shares of First Financial Corporation Indiana in a research note on Tuesday, July 8th. Keefe, Bruyette & Woods increased their target price 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. Weiss Ratings reissued a “buy (b)” rating on shares of First Financial Corporation Indiana in a research note on Wednesday. Finally, Wall Street Zen raised First Financial Corporation Indiana from a “hold” rating to a “buy” rating in a research note on Sunday, July 20th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target 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.