First Financial Corporation Indiana (NASDAQ:THFF – Get Free Report) had its price objective raised by analysts at Keefe, Bruyette & Woods from $78.00 to $84.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has a “market perform” rating on the bank’s stock. Keefe, Bruyette & Woods’ target price indicates a potential upside of 6.09% from the company’s previous close.
THFF has been the topic of several other reports. Capital One Financial set a $90.00 price objective on First Financial Corporation Indiana in a research report on Friday, August 7th. Raymond James Financial began coverage on First Financial Corporation Indiana in a research note on Thursday, July 9th. They issued a “market perform” rating on the stock. Weiss Ratings reissued a “buy (a-)” rating on shares of First Financial Corporation Indiana in a research report on Friday, July 24th. Finally, Brean Capital cut shares of First Financial Corporation Indiana from a “buy” rating to a “neutral” rating and set a $90.00 target price on the stock. in a report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $88.00.
Get Our Latest Report on First Financial Corporation Indiana
First Financial Corporation Indiana Trading Down 0.4%
First Financial Corporation Indiana (NASDAQ:THFF – Get Free Report) last posted its earnings results on Tuesday, July 28th. The bank reported $1.91 EPS for the quarter, topping the consensus estimate of $1.79 by $0.12. First Financial Corporation Indiana had a net margin of 23.32% and a return on equity of 13.02%. The firm had revenue of $71.87 million during the quarter, compared to analysts’ expectations of $72.84 million. On average, analysts anticipate that First Financial Corporation Indiana will post 7.59 earnings per share for the current fiscal year.
Hedge Funds Weigh In On First Financial Corporation Indiana
Several institutional investors and hedge funds have recently modified their holdings of THFF. EverSource Wealth Advisors LLC raised its position in shares of First Financial Corporation Indiana by 400.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 585 shares of the bank’s stock worth $32,000 after purchasing an additional 468 shares during the last quarter. Allworth Financial LP bought a new stake in First Financial Corporation Indiana during the 2nd quarter valued at about $34,000. Quantbot Technologies LP bought a new stake in First Financial Corporation Indiana during the 2nd quarter valued at about $47,000. Smartleaf Asset Management LLC raised its holdings in First Financial Corporation Indiana by 135.8% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,396 shares of the bank’s stock worth $85,000 after buying an additional 804 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its holdings in First Financial Corporation Indiana by 16.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,566 shares of the bank’s stock worth $95,000 after buying an additional 216 shares during the last quarter. 72.74% of the stock is currently owned by institutional investors.
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.
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