First Financial Corporation Indiana (THFF) Position Lifted by Nationwide Fund Advisors

Nationwide Fund Advisors raised its position in shares of First Financial Corporation Indiana (NASDAQ:THFF) by 12.8% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 70,260 shares of the bank’s stock after buying an additional 7,996 shares during the quarter. Nationwide Fund Advisors owned about 0.57% of First Financial Corporation Indiana worth $3,323,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Ameriprise Financial Inc. raised its stake in First Financial Corporation Indiana by 8.4% during the second quarter. Ameriprise Financial Inc. now owns 140,936 shares of the bank’s stock valued at $6,665,000 after buying an additional 10,896 shares in the last quarter. TIAA CREF Investment Management LLC raised its stake in First Financial Corporation Indiana by 2.7% during the second quarter. TIAA CREF Investment Management LLC now owns 41,011 shares of the bank’s stock valued at $1,940,000 after buying an additional 1,078 shares in the last quarter. Teachers Advisors LLC raised its stake in First Financial Corporation Indiana by 9.3% during the second quarter. Teachers Advisors LLC now owns 30,225 shares of the bank’s stock valued at $1,430,000 after buying an additional 2,567 shares in the last quarter. Martingale Asset Management L P raised its stake in First Financial Corporation Indiana by 13.6% during the second quarter. Martingale Asset Management L P now owns 75,963 shares of the bank’s stock valued at $3,594,000 after buying an additional 9,103 shares in the last quarter. Finally, Systematic Financial Management LP acquired a new stake in First Financial Corporation Indiana during the second quarter valued at approximately $1,268,000. Hedge funds and other institutional investors own 54.07% of the company’s stock.

Shares of First Financial Corporation Indiana (NASDAQ THFF) opened at 48.30 on Wednesday. The firm’s 50-day moving average price is $45.00 and its 200 day moving average price is $46.45. First Financial Corporation Indiana has a 52 week low of $39.20 and a 52 week high of $53.49. The firm has a market cap of $590.37 million, a PE ratio of 17.23 and a beta of 0.86.

First Financial Corporation Indiana (NASDAQ:THFF) last released its earnings results on Tuesday, July 25th. The bank reported $0.68 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.69 by ($0.01). First Financial Corporation Indiana had a net margin of 23.36% and a return on equity of 8.06%. The company had revenue of $34.67 million during the quarter, compared to the consensus estimate of $35.15 million. Equities analysts anticipate that First Financial Corporation Indiana will post $2.70 EPS for the current year.

Several analysts have issued reports on the company. ValuEngine upgraded First Financial Corporation Indiana from a “hold” rating to a “buy” rating in a research note on Tuesday, September 26th. Zacks Investment Research cut First Financial Corporation Indiana from a “buy” rating to a “hold” rating in a research note on Tuesday, August 1st. Finally, BidaskClub cut First Financial Corporation Indiana from a “sell” rating to a “strong sell” rating in a research note on Friday, July 28th.

ILLEGAL ACTIVITY NOTICE: “First Financial Corporation Indiana (THFF) Position Lifted by Nationwide Fund Advisors” was first published by StockNewsTimes and is owned by of StockNewsTimes. If you are reading this report on another website, it was illegally copied and reposted in violation of United States and international trademark & copyright laws. The legal version of this report can be read at https://stocknewstimes.com/2017/10/11/first-financial-corporation-indiana-thff-position-lifted-by-nationwide-fund-advisors.html.

First Financial Corporation Indiana Company Profile

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.

Want to see what other hedge funds are holding THFF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Financial Corporation Indiana (NASDAQ:THFF).

Institutional Ownership by Quarter for First Financial Corporation Indiana (NASDAQ:THFF)

Receive News & Ratings for First Financial Corporation Indiana Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Financial Corporation Indiana and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply