Cwm LLC Has $527,000 Stock Position in First Financial Corporation Indiana $THFF

Cwm LLC raised its position in First Financial Corporation Indiana (NASDAQ:THFF) by 2.4% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,725 shares of the bank’s stock after acquiring an additional 230 shares during the period. Cwm LLC owned about 0.08% of First Financial Corporation Indiana worth $527,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. acquired a new position in First Financial Corporation Indiana in the 1st quarter valued at approximately $425,000. Allspring Global Investments Holdings LLC raised its holdings in 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 in the last quarter. Voya Investment Management LLC acquired a new position in First Financial Corporation Indiana in the 1st quarter valued at approximately $529,000. Wealth Enhancement Advisory Services LLC raised its holdings in shares of First Financial Corporation Indiana by 16.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 5,940 shares of the bank’s stock worth $291,000 after buying an additional 834 shares in the last quarter. Finally, US Bancorp DE raised its holdings in shares of First Financial Corporation Indiana by 167.0% in the 1st quarter. US Bancorp DE now owns 2,475 shares of the bank’s stock worth $121,000 after buying an additional 1,548 shares in the last quarter. Institutional investors and hedge funds own 72.74% of the company’s stock.

Insiders Place Their Bets

In other First Financial Corporation Indiana news, Director James O. Mcdonald purchased 2,295 shares of the company’s stock in a transaction that occurred on Monday, October 13th. The stock was purchased at an average cost of $52.25 per share, with a total value of $119,913.75. Following the acquisition, the director directly owned 11,757 shares of the company’s stock, valued at approximately $614,303.25. This trade represents a 24.25% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. 3.69% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

THFF has been the subject of a number of recent research reports. Raymond James Financial reissued a “market perform” rating on shares of First Financial Corporation Indiana in a report on Tuesday, July 8th. Weiss Ratings reissued a “buy (b)” rating on shares of First Financial Corporation Indiana in a report on Wednesday, October 8th. Wall Street Zen cut First Financial Corporation Indiana from a “buy” rating to a “hold” rating in a report on Saturday. Finally, 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 report on Wednesday, July 23rd. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $57.67.

First Financial Corporation Indiana Trading Up 1.6%

THFF stock opened at $55.29 on Friday. The business has a fifty day moving average price of $56.55 and a 200 day moving average price of $53.49. First Financial Corporation Indiana has a fifty-two week low of $41.91 and a fifty-two week high of $63.04. The stock has a market capitalization of $655.19 million, a price-to-earnings ratio of 10.57 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 released its quarterly 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 during the quarter, compared to analysts’ expectations of $63.28 million. Analysts expect that First Financial Corporation Indiana will post 5.41 EPS for the current fiscal year.

First Financial Corporation Indiana Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Wednesday, October 1st were issued a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend was Wednesday, October 1st. First Financial Corporation Indiana’s dividend payout ratio (DPR) is currently 39.01%.

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.