LSV Asset Management Boosts Stock Position in First Financial Corporation Indiana $THFF

LSV Asset Management boosted its holdings in First Financial Corporation Indiana (NASDAQ:THFF) by 4.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 402,061 shares of the bank’s stock after buying an additional 15,528 shares during the quarter. LSV Asset Management owned approximately 3.39% of First Financial Corporation Indiana worth $24,293,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of THFF. State of Alaska Department of Revenue purchased a new position in First Financial Corporation Indiana in the third quarter valued at $27,000. EverSource Wealth Advisors LLC increased its holdings in First Financial Corporation Indiana by 400.0% in the second quarter. EverSource Wealth Advisors LLC now owns 585 shares of the bank’s stock valued at $32,000 after buying an additional 468 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in First Financial Corporation Indiana by 175.3% in the third quarter. Smartleaf Asset Management LLC now owns 592 shares of the bank’s stock valued at $34,000 after buying an additional 377 shares during the last quarter. Quantbot Technologies LP purchased a new position in First Financial Corporation Indiana in the second quarter valued at $47,000. Finally, Advisory Services Network LLC purchased a new position in First Financial Corporation Indiana in the third quarter valued at $89,000. Hedge funds and other institutional investors own 72.74% of the company’s stock.

First Financial Corporation Indiana Stock Performance

NASDAQ THFF opened at $68.58 on Monday. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.87 and a quick ratio of 0.87. First Financial Corporation Indiana has a 1 year low of $49.70 and a 1 year high of $70.10. The company has a market capitalization of $815.42 million, a PE ratio of 10.09 and a beta of 0.42. The company has a fifty day moving average of $65.11 and a two-hundred day moving average of $63.17.

First Financial Corporation Indiana (NASDAQ:THFF) last released its quarterly earnings data on Tuesday, April 28th. The bank reported $1.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.64 by $0.03. First Financial Corporation Indiana had a net margin of 22.82% and a return on equity of 12.81%. The company had revenue of $68.15 million during the quarter, compared to the consensus estimate of $69.57 million. As a group, analysts expect that First Financial Corporation Indiana will post 7.32 earnings per share for the current year.

First Financial Corporation Indiana Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 1st were paid a $0.56 dividend. This represents a $2.24 annualized dividend and a yield of 3.3%. The ex-dividend date was Wednesday, April 1st. First Financial Corporation Indiana’s dividend payout ratio is currently 32.94%.

Analyst Ratings Changes

Several equities analysts recently commented on THFF shares. Weiss Ratings raised First Financial Corporation Indiana from a “buy (b)” rating to a “buy (a-)” rating in a report on Monday, April 27th. Keefe, Bruyette & Woods increased 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 assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $70.00.

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.