First Financial Corporation Indiana $THFF Shares Bought by LSV Asset Management

LSV Asset Management raised its stake in First Financial Corporation Indiana (NASDAQ:THFF) by 4.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 402,061 shares of the bank’s stock after acquiring an additional 15,528 shares during the period. LSV Asset Management’s holdings in First Financial Corporation Indiana were worth $24,293,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of THFF. Knights of Columbus Asset Advisors LLC acquired a new stake in shares of First Financial Corporation Indiana during the third quarter worth about $1,734,000. First Financial Corp IN boosted its stake in shares of First Financial Corporation Indiana by 3.2% during the fourth quarter. First Financial Corp IN now owns 638,899 shares of the bank’s stock worth $38,602,000 after buying an additional 19,784 shares during the period. Ritholtz Wealth Management boosted its stake in shares of First Financial Corporation Indiana by 253.5% during the fourth quarter. Ritholtz Wealth Management now owns 42,859 shares of the bank’s stock worth $2,590,000 after buying an additional 30,734 shares during the period. Allspring Global Investments Holdings LLC boosted its stake in shares of First Financial Corporation Indiana by 932.7% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 100,550 shares of the bank’s stock worth $6,075,000 after buying an additional 90,813 shares during the period. Finally, American Century Companies Inc. boosted its stake in shares of First Financial Corporation Indiana by 11.2% during the third quarter. American Century Companies Inc. now owns 316,726 shares of the bank’s stock worth $17,876,000 after buying an additional 31,992 shares during the period. Institutional investors and hedge funds own 72.74% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on THFF shares. Keefe, Bruyette & Woods increased their target price on shares of 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 upgraded shares of First Financial Corporation Indiana from a “buy (b)” rating to a “buy (a-)” rating in a research note on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $70.00.

First Financial Corporation Indiana Price Performance

Shares of THFF opened at $68.58 on Monday. First Financial Corporation Indiana has a fifty-two week low of $49.70 and a fifty-two week high of $70.10. The company has a market capitalization of $815.42 million, a price-to-earnings ratio of 10.09 and a beta of 0.42. The firm has a 50-day simple moving average of $65.11 and a 200-day simple moving average of $63.17. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.87 and a current ratio of 0.87.

First Financial Corporation Indiana (NASDAQ:THFF) last posted its quarterly earnings results on Tuesday, April 28th. The bank reported $1.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.64 by $0.03. The firm had revenue of $68.15 million during the quarter, compared to analysts’ expectations of $69.57 million. First Financial Corporation Indiana had a net margin of 22.82% and a return on equity of 12.81%. On average, equities research analysts anticipate that First Financial Corporation Indiana will post 7.32 earnings per share for the current year.

First Financial Corporation Indiana Announces Dividend

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

About First Financial Corporation Indiana

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.