Y Intercept Hong Kong Ltd Takes $654,000 Position in First Financial Corporation Indiana $THFF

Y Intercept Hong Kong Ltd purchased a new position in shares of First Financial Corporation Indiana (NASDAQ:THFF) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,346 shares of the bank’s stock, valued at approximately $654,000. Y Intercept Hong Kong Ltd owned approximately 0.09% of First Financial Corporation Indiana at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of THFF. Los Angeles Capital Management LLC lifted its stake in First Financial Corporation Indiana by 0.7% during the 4th quarter. Los Angeles Capital Management LLC now owns 22,675 shares of the bank’s stock valued at $1,370,000 after acquiring an additional 156 shares in the last quarter. CANADA LIFE ASSURANCE Co grew its stake in shares of First Financial Corporation Indiana by 11.4% in the 4th quarter. CANADA LIFE ASSURANCE Co now owns 1,637 shares of the bank’s stock worth $99,000 after acquiring an additional 167 shares in the last quarter. Private Advisor Group LLC raised its holdings in shares of First Financial Corporation Indiana by 3.8% in the third quarter. Private Advisor Group LLC now owns 5,360 shares of the bank’s stock valued at $303,000 after purchasing an additional 194 shares during the last quarter. State of Tennessee Department of Treasury lifted its position in shares of First Financial Corporation Indiana by 2.2% during the fourth quarter. State of Tennessee Department of Treasury now owns 9,165 shares of the bank’s stock valued at $597,000 after purchasing an additional 200 shares in the last quarter. Finally, First Trust Advisors LP boosted its holdings in First Financial Corporation Indiana by 1.9% during the second quarter. First Trust Advisors LP now owns 11,302 shares of the bank’s stock worth $612,000 after purchasing an additional 213 shares during the last quarter. 72.74% of the stock is owned by hedge funds and other institutional investors.

First Financial Corporation Indiana Price Performance

THFF opened at $75.54 on Tuesday. The firm has a market cap of $898.17 million, a P/E ratio of 11.11 and a beta of 0.42. The firm has a 50-day moving average of $71.72 and a 200 day moving average of $66.72. 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 has a fifty-two week low of $51.21 and a fifty-two week high of $78.74.

First Financial Corporation Indiana (NASDAQ:THFF) last posted its quarterly earnings data on Tuesday, April 28th. The bank reported $1.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.64 by $0.03. The business had revenue of $68.15 million during the quarter, compared to the consensus estimate of $69.57 million. First Financial Corporation Indiana had a net margin of 22.82% and a return on equity of 12.81%. On average, research analysts expect that First Financial Corporation Indiana will post 7.24 EPS for the current year.

First Financial Corporation Indiana Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st will be paid a dividend of $0.56 per share. The ex-dividend date is Wednesday, July 1st. This represents a $2.24 annualized dividend and a dividend yield of 3.0%. First Financial Corporation Indiana’s dividend payout ratio (DPR) is presently 32.94%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on THFF shares. Weiss Ratings raised shares of First Financial Corporation Indiana from a “buy (b)” rating to a “buy (a-)” rating in a research report on Monday, April 27th. 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. Finally, Keefe, Bruyette & Woods upped their target price on First Financial Corporation Indiana from $68.00 to $70.00 and gave the company a “market perform” rating in a report on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $70.00.

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.