MetLife Investment Advisors LLC cut its stake in shares of First Financial Corp (NASDAQ:THFF) by 34.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 5,203 shares of the bank’s stock after selling 2,749 shares during the period. MetLife Investment Advisors LLC’s holdings in First Financial were worth $209,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Great West Life Assurance Co. Can raised its stake in First Financial by 1,505.0% during the 4th quarter. Great West Life Assurance Co. Can now owns 1,284 shares of the bank’s stock valued at $50,000 after buying an additional 1,204 shares during the last quarter. Nisa Investment Advisors LLC raised its stake in First Financial by 268.3% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,510 shares of the bank’s stock valued at $61,000 after buying an additional 1,100 shares during the last quarter. MUFG Securities EMEA plc purchased a new stake in First Financial during the 4th quarter valued at $261,000. Cambridge Investment Research Advisors Inc. raised its stake in First Financial by 8.0% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 6,722 shares of the bank’s stock valued at $270,000 after buying an additional 500 shares during the last quarter. Finally, New York State Common Retirement Fund raised its stake in First Financial by 5.5% during the 4th quarter. New York State Common Retirement Fund now owns 14,348 shares of the bank’s stock valued at $576,000 after buying an additional 748 shares during the last quarter. Institutional investors and hedge funds own 57.27% of the company’s stock.
NASDAQ:THFF opened at $41.93 on Friday. The firm has a market capitalization of $515.32 million, a PE ratio of 11.03 and a beta of 0.92. First Financial Corp has a one year low of $37.41 and a one year high of $53.05.
First Financial (NASDAQ:THFF) last posted its quarterly earnings data on Friday, February 1st. The bank reported $0.90 EPS for the quarter, missing the consensus estimate of $0.91 by ($0.01). The company had revenue of $37.83 million during the quarter, compared to analysts’ expectations of $37.41 million. First Financial had a return on equity of 10.93% and a net margin of 28.33%. As a group, research analysts anticipate that First Financial Corp will post 3.74 earnings per share for the current fiscal year.
A number of brokerages have weighed in on THFF. Zacks Investment Research lowered shares of First Financial from a “hold” rating to a “sell” rating in a research note on Wednesday. BidaskClub lowered shares of First Financial from a “sell” rating to a “strong sell” rating in a research note on Wednesday, April 10th. Finally, ValuEngine lowered shares of First Financial from a “hold” rating to a “sell” rating in a research note on Wednesday, March 20th.
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About First Financial
First Financial Corporation, through its subsidiaries, provides various financial services. It offers non-interest-bearing demand, interest-bearing demand, savings, time, and other time deposits. The company also provides commercial loans primarily to expand a business or finance asset purchases; residential real estate and residential real estate construction loans; and home equity loans and lines, secured loans, and cash/CD secured and unsecured loans.
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