First Financial Bancorp. (NASDAQ:FFBC)‘s stock had its “hold” rating reaffirmed by investment analysts at Stephens in a report released on Wednesday.

FFBC has been the topic of a number of other reports. Zacks Investment Research cut First Financial Bancorp. from a “buy” rating to a “hold” rating in a research note on Monday, June 26th. BidaskClub upgraded First Financial Bancorp. from a “hold” rating to a “buy” rating in a research note on Wednesday, June 14th. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $27.00 target price on shares of First Financial Bancorp. in a research note on Monday, April 10th. Royal Bank Of Canada reiterated a “hold” rating and issued a $29.00 target price on shares of First Financial Bancorp. in a research note on Friday, July 7th. Finally, ValuEngine upgraded First Financial Bancorp. from a “hold” rating to a “buy” rating in a research note on Wednesday, May 31st. One analyst has rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $27.50.

Shares of First Financial Bancorp. (NASDAQ:FFBC) traded down 8.54% during trading on Wednesday, reaching $25.70. 1,689,972 shares of the company’s stock traded hands. First Financial Bancorp. has a 1-year low of $20.55 and a 1-year high of $29.80. The company has a 50 day moving average of $27.39 and a 200-day moving average of $27.38. The company has a market capitalization of $1.60 billion, a price-to-earnings ratio of 17.13 and a beta of 1.20.

First Financial Bancorp. (NASDAQ:FFBC) last posted its earnings results on Tuesday, July 25th. The bank reported $0.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by $0.01. The company had revenue of $85.97 million during the quarter, compared to the consensus estimate of $89.52 million. First Financial Bancorp. had a net margin of 24.42% and a return on equity of 10.79%. During the same quarter in the previous year, the business posted $0.36 earnings per share. Equities analysts predict that First Financial Bancorp. will post $1.56 earnings per share for the current year.

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In related news, insider Paul C. Silva sold 1,713 shares of First Financial Bancorp. stock in a transaction dated Tuesday, May 9th. The shares were sold at an average price of $27.66, for a total transaction of $47,381.58. Following the sale, the insider now directly owns 2,051 shares in the company, valued at $56,730.66. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 1.88% of the stock is owned by insiders.

Several large investors have recently modified their holdings of FFBC. Bronfman E.L. Rothschild L.P. boosted its stake in shares of First Financial Bancorp. by 2.8% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 4,439 shares of the bank’s stock worth $122,000 after buying an additional 122 shares in the last quarter. Ameritas Investment Partners Inc. bought a new stake in shares of First Financial Bancorp. during the first quarter worth $139,000. Bank of Montreal Can boosted its stake in shares of First Financial Bancorp. by 50.3% in the first quarter. Bank of Montreal Can now owns 5,580 shares of the bank’s stock worth $153,000 after buying an additional 1,867 shares in the last quarter. SG Americas Securities LLC boosted its stake in shares of First Financial Bancorp. by 16.6% in the first quarter. SG Americas Securities LLC now owns 6,492 shares of the bank’s stock worth $178,000 after buying an additional 922 shares in the last quarter. Finally, IFP Advisors Inc boosted its stake in shares of First Financial Bancorp. by 0.5% in the first quarter. IFP Advisors Inc now owns 6,506 shares of the bank’s stock worth $179,000 after buying an additional 31 shares in the last quarter. Institutional investors and hedge funds own 74.39% of the company’s stock.

About First Financial Bancorp.

First Financial Bancorp. (First Financial) is a regional bank holding company. First Financial is engaged in the business of commercial banking and other banking and banking-related activities through its subsidiary, First Financial Bank, National Association (the Bank). The range of banking services provided by First Financial to individuals and businesses include commercial lending, real estate lending and consumer financing.

Analyst Recommendations for First Financial Bancorp. (NASDAQ:FFBC)

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