New York State Common Retirement Fund Decreases Position in First Financial Corporation Indiana (THFF)

New York State Common Retirement Fund reduced its stake in First Financial Corporation Indiana (NASDAQ:THFF) by 0.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,300 shares of the bank’s stock after selling 1 shares during the period. New York State Common Retirement Fund owned 0.09% of First Financial Corporation Indiana worth $534,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. SG Americas Securities LLC bought a new position in First Financial Corporation Indiana in the second quarter worth about $102,000. Bank of America Corp DE raised its stake in First Financial Corporation Indiana by 7.3% in the first quarter. Bank of America Corp DE now owns 3,194 shares of the bank’s stock worth $152,000 after buying an additional 216 shares in the last quarter. Carroll Financial Associates Inc. bought a new position in First Financial Corporation Indiana in the second quarter worth about $199,000. Context BH Capital Management LP raised its stake in First Financial Corporation Indiana by 15.1% in the second quarter. Context BH Capital Management LP now owns 5,326 shares of the bank’s stock worth $252,000 after buying an additional 700 shares in the last quarter. Finally, Schroder Investment Management Group raised its stake in First Financial Corporation Indiana by 19.7% in the second quarter. Schroder Investment Management Group now owns 5,437 shares of the bank’s stock worth $261,000 after buying an additional 896 shares in the last quarter. 53.59% of the stock is owned by institutional investors.

THFF has been the subject of a number of analyst reports. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $49.00 target price on shares of First Financial Corporation Indiana in a research note on Tuesday, October 24th. ValuEngine downgraded shares of First Financial Corporation Indiana from a “buy” rating to a “hold” rating in a research note on Saturday, August 26th. Zacks Investment Research downgraded shares of First Financial Corporation Indiana from a “buy” rating to a “hold” rating in a research note on Tuesday, August 1st. Finally, BidaskClub downgraded shares of First Financial Corporation Indiana from a “sell” rating to a “strong sell” rating in a research note on Friday, July 28th.

Shares of First Financial Corporation Indiana (NASDAQ THFF) opened at $46.15 on Monday. The firm has a market cap of $564.13, a P/E ratio of 16.19 and a beta of 0.85. First Financial Corporation Indiana has a 1 year low of $39.55 and a 1 year high of $53.49.

First Financial Corporation Indiana (NASDAQ:THFF) last announced its quarterly earnings results on Monday, October 23rd. The bank reported $0.72 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.72. First Financial Corporation Indiana had a net margin of 23.48% and a return on equity of 8.11%. The company had revenue of $35.65 million during the quarter, compared to the consensus estimate of $35.71 million. equities analysts anticipate that First Financial Corporation Indiana will post 2.87 earnings per share for the current fiscal year.

The business also recently announced a special dividend, which will be paid on Friday, December 1st. Investors of record on Friday, November 17th will be issued a $1.50 dividend. This represents a yield of 2.06%. The ex-dividend date of this dividend is Thursday, November 16th. First Financial Corporation Indiana’s dividend payout ratio is currently 35.09%.

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About First Financial Corporation Indiana

First Financial Corporation is a financial holding company. The Company, through its subsidiaries, offers financial services, including commercial, mortgage and consumer lending, lease financing, trust account services, depositor services and insurance services. The Company’s subsidiaries include First Financial Bank, N.A.

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Institutional Ownership by Quarter for First Financial Corporation Indiana (NASDAQ:THFF)

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