Renaissance Technologies LLC Buys 9,500 Shares of First Financial Corporation Indiana $THFF

Renaissance Technologies LLC grew its position in First Financial Corporation Indiana (NASDAQ:THFF) by 8.9% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 116,173 shares of the bank’s stock after purchasing an additional 9,500 shares during the period. Renaissance Technologies LLC’s holdings in First Financial Corporation Indiana were worth $7,342,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Allspring Global Investments Holdings LLC boosted its holdings in shares of First Financial Corporation Indiana by 932.7% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 100,550 shares of the bank’s stock valued at $6,075,000 after buying an additional 90,813 shares during the period. JPMorgan Chase & Co. raised its holdings in First Financial Corporation Indiana by 43.2% during the fourth quarter. JPMorgan Chase & Co. now owns 206,412 shares of the bank’s stock worth $12,471,000 after acquiring an additional 62,239 shares in the last quarter. O Shaughnessy Asset Management LLC raised its stake in shares of First Financial Corporation Indiana by 223.5% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 66,009 shares of the bank’s stock worth $3,988,000 after purchasing an additional 45,606 shares in the last quarter. Vanguard Group Inc. lifted its stake in First Financial Corporation Indiana by 5.2% in the third quarter. Vanguard Group Inc. now owns 794,984 shares of the bank’s stock valued at $44,869,000 after acquiring an additional 39,046 shares during the last quarter. Finally, First Trust Advisors LP lifted its stake in First Financial Corporation Indiana by 321.2% in the 3rd quarter. First Trust Advisors LP now owns 47,602 shares of the bank’s stock valued at $2,687,000 after purchasing an additional 36,300 shares during the last quarter. Institutional investors own 72.74% of the company’s stock.

First Financial Corporation Indiana Stock Up 2.5%

Shares of NASDAQ:THFF opened at $82.59 on Tuesday. First Financial Corporation Indiana has a 1 year low of $51.21 and a 1 year high of $82.99. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.87 and a quick ratio of 0.87. The business’s 50-day moving average is $74.94 and its 200-day moving average is $68.49. The company has a market capitalization of $982.16 million, a price-to-earnings ratio of 11.57 and a beta of 0.42.

First Financial Corporation Indiana (NASDAQ:THFF) last issued its earnings results on Tuesday, July 28th. The bank reported $1.91 EPS for the quarter, beating the consensus estimate of $1.79 by $0.12. First Financial Corporation Indiana had a return on equity of 13.19% and a net margin of 23.32%.The company had revenue of $71.87 million during the quarter, compared to the consensus estimate of $72.84 million. Equities research analysts predict that First Financial Corporation Indiana will post 7.24 earnings per share for the current year.

First Financial Corporation Indiana Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st were given a dividend of $0.56 per share. This represents a $2.24 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend was Wednesday, July 1st. First Financial Corporation Indiana’s dividend payout ratio (DPR) is presently 31.37%.

Wall Street Analyst Weigh In

THFF has been the topic of several research reports. Keefe, Bruyette & Woods upped their price objective on shares of First Financial Corporation Indiana from $73.00 to $78.00 and gave the company a “market perform” rating in a report on Thursday, July 30th. Raymond James Financial assumed coverage on First Financial Corporation Indiana in a report on Thursday, July 9th. They issued a “market perform” rating for the company. Finally, Weiss Ratings reaffirmed 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 three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $78.00.

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.