14,088 Shares in First Financial Corporation Indiana $THFF Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC bought a new position in shares of First Financial Corporation Indiana (NASDAQ:THFF) in the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 14,088 shares of the bank’s stock, valued at approximately $1,041,000.

Several other institutional investors have also bought and sold shares of THFF. Integrated Wealth Concepts LLC bought a new stake in First Financial Corporation Indiana in the second quarter valued at $96,000. PNC Financial Services Group Inc. raised its stake in First Financial Corporation Indiana by 30.6% during the first quarter. PNC Financial Services Group Inc. now owns 2,045 shares of the bank’s stock worth $129,000 after acquiring an additional 479 shares in the last quarter. Nisa Investment Advisors LLC lifted its holdings in shares of First Financial Corporation Indiana by 166.9% during the third quarter. Nisa Investment Advisors LLC now owns 2,867 shares of the bank’s stock valued at $212,000 after acquiring an additional 1,793 shares during the period. Allianz Asset Management GmbH bought a new position in shares of First Financial Corporation Indiana during the second quarter valued at $259,000. Finally, Mosaic Family Wealth Partners LLC bought a new position in shares of First Financial Corporation Indiana during the first quarter valued at $222,000. Institutional investors and hedge funds own 72.74% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on THFF. Raymond James Financial initiated coverage on shares of First Financial Corporation Indiana in a research note on Thursday, July 9th. They issued a “market perform” rating on the stock. Hovde Group assumed coverage on shares of First Financial Corporation Indiana in a report on Monday, October 12th. They set an “outperform” rating and a $85.00 price target for the company. Weiss Ratings reissued a “buy (a-)” rating on shares of First Financial Corporation Indiana in a report on Thursday, October 22nd. Keefe, Bruyette & Woods boosted their price target on shares of First Financial Corporation Indiana from $78.00 to $84.00 and gave the company a “market perform” rating in a research report on Friday, August 28th. Finally, Capital One Financial set a $90.00 price objective on shares of First Financial Corporation Indiana in a research note on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $87.25.

First Financial Corporation Indiana Trading Up 2.0%

THFF stock opened at $79.22 on Thursday. The business has a fifty day moving average price of $76.22 and a 200 day moving average price of $71.47. First Financial Corporation Indiana has a fifty-two week low of $53.72 and a fifty-two week high of $84.17. The stock has a market capitalization of $941.93 million, a price-to-earnings ratio of 10.09 and a beta of 0.45. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.88 and a quick ratio of 0.88.

First Financial Corporation Indiana (NASDAQ:THFF) last issued its quarterly earnings data on Tuesday, October 27th. The bank reported $2.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.03 by $0.28. The firm had revenue of $74.96 million during the quarter, compared to the consensus estimate of $75.31 million. First Financial Corporation Indiana had a return on equity of 13.84% and a net margin of 24.45%. Analysts expect that First Financial Corporation Indiana will post 7.75 EPS for the current fiscal year.

First Financial Corporation Indiana Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st were paid a $0.56 dividend. The ex-dividend date was Thursday, October 1st. This represents a $2.24 dividend on an annualized basis and a dividend yield of 2.8%. First Financial Corporation Indiana’s dividend payout ratio (DPR) is 29.09%.

About First Financial Corporation Indiana

First Financial Corporation is a bank holding company headquartered in Terre Haute, Indiana. Its principal subsidiary, First Financial Bank, provides banking and financial services to individuals, families, businesses and organizations.

First Financial Bank offers a range of deposit products, residential and commercial lending, consumer loans, treasury and cash-management services, online and mobile banking, and wealth-management and trust services. The bank also provides insurance and investment-related services through affiliated or partnered offerings.

First Financial Bank traces its history to 1834 and serves communities primarily throughout western and central Indiana and eastern Illinois.