Vanguard Group Inc. increased its holdings in shares of First Financial Corporation Indiana (NASDAQ:THFF – Free Report) by 3.8% during the fourth quarter, Holdings Channel reports. The fund owned 825,465 shares of the bank’s stock after purchasing an additional 30,481 shares during the period. Vanguard Group Inc. owned approximately 0.07% of First Financial Corporation Indiana worth $49,875,000 at the end of the most recent reporting period.
A number of other large investors have also bought and sold shares of THFF. State of Alaska Department of Revenue bought a new stake in First Financial Corporation Indiana during the 3rd quarter worth approximately $27,000. EverSource Wealth Advisors LLC grew its position in First Financial Corporation Indiana by 400.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 585 shares of the bank’s stock worth $32,000 after acquiring an additional 468 shares during the last quarter. Smartleaf Asset Management LLC grew its position in First Financial Corporation Indiana by 175.3% during the 3rd quarter. Smartleaf Asset Management LLC now owns 592 shares of the bank’s stock worth $34,000 after acquiring an additional 377 shares during the last quarter. Quantbot Technologies LP bought a new stake in First Financial Corporation Indiana during the 2nd quarter worth approximately $47,000. Finally, Advisory Services Network LLC bought a new stake in First Financial Corporation Indiana during the 3rd quarter worth approximately $89,000. 72.74% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on the company. Keefe, Bruyette & Woods increased their price target on First Financial Corporation Indiana from $68.00 to $70.00 and gave the stock a “market perform” rating in a research report on Tuesday, May 5th. Zacks Research lowered First Financial Corporation Indiana from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 19th. Finally, Weiss Ratings upgraded First Financial Corporation Indiana from a “buy (b)” rating to a “buy (a-)” rating in a research report on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $70.00.
First Financial Corporation Indiana Stock Down 1.3%
Shares of THFF opened at $65.24 on Friday. The firm has a market capitalization of $775.83 million, a price-to-earnings ratio of 9.59 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. The business’s fifty day moving average price is $64.51 and its two-hundred day moving average price is $62.64. First Financial Corporation Indiana has a 52 week low of $49.70 and a 52 week high of $69.21.
First Financial Corporation Indiana (NASDAQ:THFF – Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The bank reported $1.67 EPS for the quarter, beating analysts’ consensus estimates of $1.64 by $0.03. The firm had revenue of $68.15 million for the quarter, compared to analyst estimates of $69.57 million. First Financial Corporation Indiana had a return on equity of 12.81% and a net margin of 22.82%. On average, analysts predict that First Financial Corporation Indiana will post 7.32 earnings per share for the current year.
First Financial Corporation Indiana Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 1st were given a $0.56 dividend. This represents a $2.24 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date was Wednesday, April 1st. First Financial Corporation Indiana’s dividend payout ratio (DPR) is presently 32.94%.
First Financial Corporation Indiana Profile
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.
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