First Financial Corporation Indiana $THFF Shares Sold by Dean Capital Management

Dean Capital Management reduced its stake in shares of First Financial Corporation Indiana (NASDAQ:THFF) by 45.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 30,555 shares of the bank’s stock after selling 25,159 shares during the period. Dean Capital Management owned approximately 0.26% of First Financial Corporation Indiana worth $1,846,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in THFF. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of First Financial Corporation Indiana by 4.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,821 shares of the bank’s stock valued at $334,000 after purchasing an additional 312 shares during the period. Goldman Sachs Group Inc. grew its position in First Financial Corporation Indiana by 1.7% during the first quarter. Goldman Sachs Group Inc. now owns 101,909 shares of the bank’s stock worth $4,992,000 after buying an additional 1,666 shares during the period. Jane Street Group LLC purchased a new position in First Financial Corporation Indiana in the first quarter valued at about $213,000. Legal & General Group Plc increased its holdings in First Financial Corporation Indiana by 12.6% in the second quarter. Legal & General Group Plc now owns 12,647 shares of the bank’s stock valued at $685,000 after buying an additional 1,417 shares in the last quarter. Finally, Rhumbline Advisers lifted its position in shares of First Financial Corporation Indiana by 2.8% during the 2nd quarter. Rhumbline Advisers now owns 17,845 shares of the bank’s stock valued at $967,000 after acquiring an additional 494 shares during the period. Hedge funds and other institutional investors own 72.74% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on THFF. Keefe, Bruyette & Woods boosted their price target on First Financial Corporation Indiana from $68.00 to $70.00 and gave the stock a “market perform” rating in a research note on Tuesday, May 5th. Weiss Ratings raised First Financial Corporation Indiana from a “buy (b)” rating to a “buy (a-)” rating in a research note on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $70.00.

First Financial Corporation Indiana Stock Performance

NASDAQ:THFF opened at $73.07 on Friday. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.32. The firm has a 50-day moving average price of $68.47 and a two-hundred day moving average price of $65.12. First Financial Corporation Indiana has a twelve month low of $50.67 and a twelve month high of $75.61. The company has a market capitalization of $868.80 million, a P/E ratio of 10.75 and a beta of 0.43.

First Financial Corporation Indiana (NASDAQ:THFF) last announced its quarterly earnings results 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. The company had revenue of $68.15 million for the quarter, compared to the consensus estimate of $69.57 million. First Financial Corporation Indiana had a net margin of 22.82% and a return on equity of 12.81%. As a group, research analysts expect that First Financial Corporation Indiana will post 7.32 earnings per share for the current fiscal year.

First Financial Corporation Indiana Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st will be given a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a dividend yield of 3.1%. The ex-dividend date is Wednesday, July 1st. First Financial Corporation Indiana’s payout ratio is currently 32.94%.

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.