14,088 Shares of First Financial Corporation Indiana $THFF Bought by International Assets Investment Management LLC

International Assets Investment Management LLC bought a new stake in shares of First Financial Corporation Indiana (NASDAQ:THFF) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 14,088 shares of the bank’s stock, valued at approximately $1,041,000. International Assets Investment Management LLC owned 0.12% of First Financial Corporation Indiana as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP increased its position in First Financial Corporation Indiana by 0.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 712,352 shares of the bank’s stock worth $45,021,000 after buying an additional 3,870 shares during the period. Allspring Global Investments Holdings LLC boosted its position in shares of First Financial Corporation Indiana by 33.6% in the first quarter. Allspring Global Investments Holdings LLC now owns 134,371 shares of the bank’s stock valued at $8,492,000 after acquiring an additional 33,821 shares during the period. Renaissance Technologies LLC grew its stake in shares of First Financial Corporation Indiana by 8.9% in the first quarter. Renaissance Technologies LLC now owns 116,173 shares of the bank’s stock worth $7,342,000 after acquiring an additional 9,500 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of First Financial Corporation Indiana by 1.2% in the first quarter. Bank of New York Mellon Corp now owns 78,096 shares of the bank’s stock worth $4,936,000 after acquiring an additional 909 shares during the last quarter. Finally, Empowered Funds LLC grew its stake in shares of First Financial Corporation Indiana by 8.0% in the first quarter. Empowered Funds LLC now owns 57,894 shares of the bank’s stock worth $3,626,000 after acquiring an additional 4,282 shares during the last quarter. Institutional investors and hedge funds own 72.74% of the company’s stock.

First Financial Corporation Indiana Stock Up 2.0%

Shares of THFF stock opened at $79.22 on Thursday. The stock has a market cap of $941.93 million, a P/E ratio of 10.09 and a beta of 0.45. First Financial Corporation Indiana has a one year low of $53.72 and a one year high of $84.17. The stock has a fifty day moving average price of $76.22 and a 200 day moving average price of $71.47. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.88 and a quick ratio of 0.88.

First Financial Corporation Indiana (NASDAQ:THFF) last posted its quarterly earnings results on Tuesday, October 27th. The bank reported $2.31 earnings per share for the quarter, topping analysts’ consensus estimates of $2.03 by $0.28. The firm had revenue of $74.96 million for the quarter, compared to the consensus estimate of $75.31 million. First Financial Corporation Indiana had a net margin of 24.45% and a return on equity of 13.84%. Analysts predict that First Financial Corporation Indiana will post 7.75 earnings per share for the current year.

First Financial Corporation Indiana Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st were issued a dividend of $0.56 per share. This represents a $2.24 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Thursday, October 1st. First Financial Corporation Indiana’s dividend payout ratio (DPR) is presently 29.09%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on THFF shares. Raymond James Financial assumed coverage on shares of First Financial Corporation Indiana in a research report on Thursday, July 9th. They set a “market perform” rating on the stock. Brean Capital downgraded shares of First Financial Corporation Indiana from a “buy” rating to a “neutral” rating and set a $90.00 price target for the company. in a report on Friday, August 7th. Capital One Financial set a $90.00 price target on shares of First Financial Corporation Indiana in a research report on Friday, August 7th. Hovde Group initiated coverage on shares of First Financial Corporation Indiana in a report on Monday, October 12th. They set an “outperform” rating and a $85.00 price objective on the stock. Finally, Keefe, Bruyette & Woods upped their price objective on shares of First Financial Corporation Indiana from $78.00 to $84.00 and gave the company a “market perform” rating in a research report on Friday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, First Financial Corporation Indiana currently has a consensus rating of “Moderate Buy” and a consensus price target of $87.25.

First Financial Corporation Indiana Profile

First Financial Corporation is a bank holding company headquartered in Terre Haute, Indiana. Its principal subsidiary, First Financial Bank, provides banking and financial services to individuals, families, businesses and organizations.

First Financial Bank offers a range of deposit products, residential and commercial lending, consumer loans, treasury and cash-management services, online and mobile banking, and wealth-management and trust services. The bank also provides insurance and investment-related services through affiliated or partnered offerings.

First Financial Bank traces its history to 1834 and serves communities primarily throughout western and central Indiana and eastern Illinois.