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

Dean Capital Management reduced its stake in First Financial Corporation Indiana (NASDAQ:THFF) by 45.2% during the 4th quarter, Holdings Channel reports. The fund owned 30,555 shares of the bank’s stock after selling 25,159 shares during the period. Dean Capital Management’s holdings in First Financial Corporation Indiana were 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. increased its position in First Financial Corporation Indiana by 4.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,821 shares of the bank’s stock worth $334,000 after purchasing an additional 312 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in First Financial Corporation Indiana by 1.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 101,909 shares of the bank’s stock valued at $4,992,000 after purchasing an additional 1,666 shares in the last quarter. Jane Street Group LLC purchased a new position in First Financial Corporation Indiana in the 1st quarter valued at about $213,000. Legal & General Group Plc boosted its stake in shares of First Financial Corporation Indiana by 12.6% during the 2nd quarter. Legal & General Group Plc now owns 12,647 shares of the bank’s stock worth $685,000 after purchasing an additional 1,417 shares during the last quarter. Finally, Rhumbline Advisers grew its holdings in shares of First Financial Corporation Indiana by 2.8% during the second quarter. Rhumbline Advisers now owns 17,845 shares of the bank’s stock worth $967,000 after buying an additional 494 shares in the last quarter. Institutional investors and hedge funds own 72.74% of the company’s stock.

Wall Street Analysts Forecast Growth

THFF has been the subject of a number of analyst reports. Keefe, Bruyette & Woods boosted their price objective on shares of First Financial Corporation Indiana from $68.00 to $70.00 and gave the company a “market perform” rating in a research report 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 report on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, First Financial Corporation Indiana currently has a consensus rating of “Moderate Buy” and an average price target of $70.00.

First Financial Corporation Indiana Stock Performance

First Financial Corporation Indiana stock opened at $73.07 on Friday. The stock has a fifty day moving average price of $68.47 and a 200 day moving average price of $65.12. First Financial Corporation Indiana has a 52 week low of $50.67 and a 52 week high of $75.61. The firm has a market capitalization of $868.80 million, a P/E ratio of 10.75 and a beta of 0.43. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.32.

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

First Financial Corporation Indiana Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st will be issued 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 dividend payout ratio is presently 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.