Man Group plc Takes Position in First Financial Corporation Indiana $THFF

Man Group plc purchased a new position in shares of First Financial Corporation Indiana (NASDAQ:THFFFree Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 124,683 shares of the bank’s stock, valued at approximately $5,455,000. Man Group plc owned about 1.05% of First Financial Corporation Indiana at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of First Financial Corporation Indiana by 4.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,821 shares of the bank’s stock worth $334,000 after purchasing an additional 312 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in First Financial Corporation Indiana by 1.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 101,909 shares of the bank’s stock valued at $4,992,000 after buying an additional 1,666 shares during the period. Jane Street Group LLC bought a new position in shares of First Financial Corporation Indiana during the 1st quarter worth $213,000. Legal & General Group Plc boosted its stake in shares of First Financial Corporation Indiana by 12.6% during the second quarter. Legal & General Group Plc now owns 12,647 shares of the bank’s stock valued at $685,000 after purchasing an additional 1,417 shares in the last quarter. Finally, Rhumbline Advisers lifted its position in shares of First Financial Corporation Indiana by 2.8% during the second quarter. Rhumbline Advisers now owns 17,845 shares of the bank’s stock valued at $967,000 after buying an additional 494 shares during the last quarter. Institutional investors own 72.74% of the company’s stock.

First Financial Corporation Indiana Stock Performance

NASDAQ THFF opened at $79.24 on Friday. First Financial Corporation Indiana has a fifty-two week low of $51.21 and a fifty-two week high of $84.17. The business has a fifty day moving average of $78.46 and a 200-day moving average of $70.62. The stock has a market cap of $942.16 million, a price-to-earnings ratio of 11.10 and a beta of 0.42. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.43.

First Financial Corporation Indiana (NASDAQ:THFFGet Free Report) last released its quarterly earnings data on Tuesday, July 28th. The bank reported $1.91 EPS for the quarter, topping analysts’ consensus estimates of $1.79 by $0.12. The business had revenue of $71.87 million during the quarter, compared to the consensus estimate of $72.84 million. First Financial Corporation Indiana had a return on equity of 13.02% and a net margin of 23.32%. As a group, analysts predict that First Financial Corporation Indiana will post 7.59 earnings per share for the current fiscal year.

First Financial Corporation Indiana Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st were given a $0.56 dividend. The ex-dividend date was Wednesday, July 1st. This represents a $2.24 annualized dividend and a yield of 2.8%. First Financial Corporation Indiana’s dividend payout ratio (DPR) is currently 31.37%.

Analysts Set New Price Targets

Several brokerages recently weighed in on THFF. Brean Capital downgraded shares of First Financial Corporation Indiana from a “buy” rating to a “neutral” rating and set a $90.00 price target on the stock. in a report on Friday, August 7th. Raymond James Financial started coverage on shares of First Financial Corporation Indiana in a report on Thursday, July 9th. They issued a “market perform” rating for the company. Keefe, Bruyette & Woods upped their price objective on First Financial Corporation Indiana from $78.00 to $84.00 and gave the company a “market perform” rating in a report on Friday. Capital One Financial set a $90.00 price target on First Financial Corporation Indiana in a research report on Friday, August 7th. Finally, Weiss Ratings reiterated a “buy (a-)” rating on shares of First Financial Corporation Indiana in a report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $88.00.

Check Out Our Latest Stock Report on THFF

First Financial Corporation Indiana Company Profile

(Free Report)

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

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