First Financial Corporation Indiana $THFF Holdings Lifted by Renaissance Technologies LLC

Renaissance Technologies LLC grew its holdings in shares of First Financial Corporation Indiana (NASDAQ:THFF) by 8.9% in the first quarter, according to its most recent filing with the SEC. The firm owned 116,173 shares of the bank’s stock after acquiring an additional 9,500 shares during the quarter. Renaissance Technologies LLC owned about 0.98% of First Financial Corporation Indiana worth $7,342,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of THFF. Allspring Global Investments Holdings LLC lifted its holdings in shares of First Financial Corporation Indiana by 932.7% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 100,550 shares of the bank’s stock valued at $6,075,000 after buying an additional 90,813 shares during the period. JPMorgan Chase & Co. raised its position in First Financial Corporation Indiana by 43.2% in the fourth quarter. JPMorgan Chase & Co. now owns 206,412 shares of the bank’s stock worth $12,471,000 after acquiring an additional 62,239 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its holdings in First Financial Corporation Indiana by 223.5% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 66,009 shares of the bank’s stock valued at $3,988,000 after acquiring an additional 45,606 shares during the last quarter. Vanguard Group Inc. lifted its holdings in First Financial Corporation Indiana by 5.2% in the 3rd quarter. Vanguard Group Inc. now owns 794,984 shares of the bank’s stock valued at $44,869,000 after acquiring an additional 39,046 shares during the last quarter. Finally, First Trust Advisors LP lifted its holdings in First Financial Corporation Indiana by 321.2% in the 3rd quarter. First Trust Advisors LP now owns 47,602 shares of the bank’s stock valued at $2,687,000 after acquiring an additional 36,300 shares during the last quarter. 72.74% of the stock is owned by institutional investors and hedge funds.

First Financial Corporation Indiana Price Performance

NASDAQ THFF opened at $82.59 on Tuesday. The stock has a 50-day simple moving average of $74.94 and a 200 day simple moving average of $68.49. First Financial Corporation Indiana has a twelve month low of $51.21 and a twelve month high of $82.99. The stock has a market capitalization of $982.16 million, a PE ratio of 11.57 and a beta of 0.42. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.87 and a current ratio of 0.87.

First Financial Corporation Indiana (NASDAQ:THFF) last released its earnings results on Tuesday, July 28th. The bank reported $1.91 earnings per share for the quarter, beating the consensus estimate of $1.79 by $0.12. The business had revenue of $71.87 million during the quarter, compared to analysts’ expectations of $72.84 million. First Financial Corporation Indiana had a net margin of 23.32% and a return on equity of 13.19%. Research analysts anticipate that First Financial Corporation Indiana will post 7.24 EPS for the current year.

First Financial Corporation Indiana Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st were paid a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Wednesday, July 1st. First Financial Corporation Indiana’s dividend payout ratio is currently 31.37%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on THFF shares. Raymond James Financial started coverage on First Financial Corporation Indiana in a research report on Thursday, July 9th. They issued a “market perform” rating for the company. Keefe, Bruyette & Woods upped their price objective on shares of First Financial Corporation Indiana from $73.00 to $78.00 and gave the company a “market perform” rating in a research note on Thursday, July 30th. Finally, Weiss Ratings reiterated a “buy (a-)” rating on shares of First Financial Corporation Indiana in a report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $78.00.

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.