American International Group Inc. boosted its position in First Financial Corporation Indiana (NASDAQ:THFF) by 6.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,145 shares of the bank’s stock after buying an additional 392 shares during the period. American International Group Inc.’s holdings in First Financial Corporation Indiana were worth $292,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of THFF. LSV Asset Management increased its stake in First Financial Corporation Indiana by 3.3% in the first quarter. LSV Asset Management now owns 144,153 shares of the bank’s stock worth $6,847,000 after buying an additional 4,600 shares in the last quarter. Adams Diversified Equity Fund Inc. increased its stake in First Financial Corporation Indiana by 3.1% in the first quarter. Adams Diversified Equity Fund Inc. now owns 23,600 shares of the bank’s stock worth $1,121,000 after buying an additional 700 shares in the last quarter. Nationwide Fund Advisors increased its stake in First Financial Corporation Indiana by 3.7% in the first quarter. Nationwide Fund Advisors now owns 62,264 shares of the bank’s stock worth $2,958,000 after buying an additional 2,194 shares in the last quarter. Quotient Investors LLC increased its stake in First Financial Corporation Indiana by 0.7% in the first quarter. Quotient Investors LLC now owns 15,000 shares of the bank’s stock worth $713,000 after buying an additional 100 shares in the last quarter. Finally, Bank of Montreal Can increased its stake in First Financial Corporation Indiana by 2.7% in the first quarter. Bank of Montreal Can now owns 3,877 shares of the bank’s stock worth $184,000 after buying an additional 101 shares in the last quarter. 54.25% of the stock is owned by institutional investors.
First Financial Corporation Indiana (NASDAQ:THFF) opened at 46.95 on Monday. The company has a 50-day moving average price of $47.61 and a 200-day moving average price of $47.67. First Financial Corporation Indiana has a 1-year low of $35.47 and a 1-year high of $53.49. The firm has a market cap of $573.87 million, a P/E ratio of 16.81 and a beta of 0.84.
First Financial Corporation Indiana (NASDAQ:THFF) last issued its quarterly earnings data on Wednesday, April 26th. The bank reported $0.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.64 by $0.13. The business had revenue of $37.56 million for the quarter, compared to analysts’ expectations of $34.49 million. First Financial Corporation Indiana had a return on equity of 8.14% and a net margin of 23.42%. On average, equities research analysts forecast that First Financial Corporation Indiana will post $2.91 EPS for the current fiscal year.
The business also recently disclosed a semiannual dividend, which was paid on Monday, July 3rd. Investors of record on Friday, June 16th were issued a dividend of $0.50 per share. This is a boost from First Financial Corporation Indiana’s previous semiannual dividend of $0.49. The ex-dividend date was Wednesday, June 14th. This represents a yield of 2.19%. First Financial Corporation Indiana’s dividend payout ratio is 35.71%.
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THFF has been the subject of a number of analyst reports. Zacks Investment Research raised First Financial Corporation Indiana from a “hold” rating to a “buy” rating and set a $53.00 price target for the company in a research note on Wednesday, July 5th. BidaskClub downgraded First Financial Corporation Indiana from a “hold” rating to a “sell” rating in a research note on Wednesday, July 12th. Finally, ValuEngine raised First Financial Corporation Indiana from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd.
About First Financial Corporation Indiana
First Financial Corporation is a financial holding company. The Company, through its subsidiaries, offers financial services, including commercial, mortgage and consumer lending, lease financing, trust account services, depositor services and insurance services. The Company’s subsidiaries include First Financial Bank, N.A.
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