First Financial Corp IN Grows Position in First Financial Corporation Indiana $THFF

First Financial Corp IN boosted its holdings in First Financial Corporation Indiana (NASDAQ:THFF) by 3.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 638,899 shares of the bank’s stock after purchasing an additional 19,784 shares during the quarter. First Financial Corporation Indiana accounts for about 14.6% of First Financial Corp IN’s portfolio, making the stock its largest holding. First Financial Corp IN owned approximately 5.39% of First Financial Corporation Indiana worth $38,602,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Knights of Columbus Asset Advisors LLC acquired a new stake in shares of First Financial Corporation Indiana during the 3rd quarter worth $1,734,000. American Century Companies Inc. increased its position in shares of First Financial Corporation Indiana by 10.5% in the second quarter. American Century Companies Inc. now owns 284,734 shares of the bank’s stock worth $15,430,000 after purchasing an additional 27,040 shares during the period. HoldCo Asset Management LP acquired a new position in First Financial Corporation Indiana in the second quarter valued at about $1,093,000. Geode Capital Management LLC lifted its position in First Financial Corporation Indiana by 3.4% during the second quarter. Geode Capital Management LLC now owns 300,464 shares of the bank’s stock worth $16,284,000 after purchasing an additional 9,829 shares during the period. Finally, Panagora Asset Management Inc. lifted its position in First Financial Corporation Indiana by 75.4% during the second quarter. Panagora Asset Management Inc. now owns 39,159 shares of the bank’s stock worth $2,122,000 after purchasing an additional 16,837 shares during the period. Institutional investors and hedge funds own 72.74% of the company’s stock.

First Financial Corporation Indiana Stock Performance

NASDAQ:THFF opened at $62.85 on Friday. First Financial Corporation Indiana has a twelve month low of $42.05 and a twelve month high of $69.21. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.29. The stock’s 50-day simple moving average is $64.13 and its 200 day simple moving average is $60.25. The firm has a market capitalization of $747.29 million, a PE ratio of 9.41 and a beta of 0.42.

First Financial Corporation Indiana (NASDAQ:THFF) last issued its earnings results on Tuesday, February 3rd. The bank reported $1.81 EPS for the quarter, topping the consensus estimate of $1.69 by $0.12. The firm had revenue of $70.55 million during the quarter, compared to the consensus estimate of $67.93 million. First Financial Corporation Indiana had a return on equity of 13.02% and a net margin of 22.79%. On average, analysts anticipate that First Financial Corporation Indiana will post 5.41 EPS for the current fiscal year.

First Financial Corporation Indiana Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Wednesday, April 1st will be given a dividend of $0.56 per share. This represents a $2.24 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date is Wednesday, April 1st. First Financial Corporation Indiana’s dividend payout ratio is currently 33.53%.

Analysts Set New Price Targets

Several equities analysts have commented on THFF shares. Weiss Ratings reissued a “buy (b)” rating on shares of First Financial Corporation Indiana in a report on Monday, December 29th. Zacks Research downgraded shares of First Financial Corporation Indiana from a “strong-buy” rating to a “hold” rating in a report on Monday, January 19th. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $62.00.

About First Financial Corporation Indiana

First Financial Corporation Indiana is a bank holding company headquartered in Terre Haute, Indiana, that offers a full suite of financial services to individuals and businesses. Through its subsidiary, First Financial Bank, the company provides traditional banking products including checking and savings accounts, certificates of deposit, and cash management solutions. It also offers consumer and commercial lending services ranging from residential mortgages and home equity lines of credit to working capital loans and equipment financing.

The company’s service offerings extend beyond core banking to include wealth management and trust services, retirement planning, and brokerage solutions.