First Financial Co. (NASDAQ:THFF) Director Mark Jason Sr Blade, Sr. Acquires 531 Shares

First Financial Co. (NASDAQ:THFF) Director Mark Jason Sr Blade, Sr. acquired 531 shares of the business’s stock in a transaction dated Monday, May 6th. The stock was purchased at an average price of $38.06 per share, with a total value of $20,209.86. Following the completion of the transaction, the director now directly owns 1,608 shares of the company’s stock, valued at approximately $61,200.48. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

First Financial Stock Performance

NASDAQ:THFF opened at $38.03 on Thursday. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.21. The business’s 50-day moving average price is $36.98 and its two-hundred day moving average price is $38.32. The stock has a market cap of $449.29 million, a P/E ratio of 8.11 and a beta of 0.52. First Financial Co. has a twelve month low of $31.55 and a twelve month high of $44.91.

First Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Monday, April 1st were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 4.73%. The ex-dividend date of this dividend was Thursday, March 28th. First Financial’s payout ratio is 38.38%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP raised its position in First Financial by 5.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 703,304 shares of the bank’s stock worth $30,264,000 after purchasing an additional 38,360 shares during the period. First Financial Corp IN lifted its stake in shares of First Financial by 5.1% in the 4th quarter. First Financial Corp IN now owns 735,719 shares of the bank’s stock valued at $31,651,000 after acquiring an additional 35,940 shares during the last quarter. AQR Capital Management LLC boosted its holdings in First Financial by 12.4% during the 3rd quarter. AQR Capital Management LLC now owns 204,670 shares of the bank’s stock valued at $6,920,000 after acquiring an additional 22,582 shares during the period. Janney Montgomery Scott LLC bought a new position in First Financial during the 4th quarter worth approximately $528,000. Finally, Tower Research Capital LLC TRC increased its stake in First Financial by 1,184.3% in the 3rd quarter. Tower Research Capital LLC TRC now owns 13,048 shares of the bank’s stock worth $441,000 after purchasing an additional 12,032 shares during the period. Institutional investors own 72.74% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Keefe, Bruyette & Woods reissued a “market perform” rating and issued a $43.00 price target (down from $45.00) on shares of First Financial in a report on Wednesday, May 1st.

About First Financial

First Financial Corporation, through its subsidiaries, provides various financial services. The company offers non-interest-bearing demand, interest-bearing demand, savings, time, and other time deposits. It also provides commercial loans primarily to expand a business or finance asset purchases; residential real estate and residential real estate construction loans; and home equity loans and lines, secured loans, and cash/CD secured and unsecured loans.