BidaskClub upgraded shares of First Financial (NASDAQ:THFF) from a strong sell rating to a sell rating in a research report released on Tuesday morning, BidAskClub reports.
Several other equities analysts have also commented on THFF. Zacks Investment Research lowered shares of First Financial from a hold rating to a sell rating in a report on Friday, January 10th. ValuEngine upgraded shares of First Financial from a sell rating to a hold rating in a report on Saturday, January 18th.
Shares of THFF stock opened at $44.47 on Tuesday. The firm’s 50 day moving average price is $43.94 and its 200-day moving average price is $43.37. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.83 and a current ratio of 0.83. First Financial has a one year low of $37.41 and a one year high of $46.93. The firm has a market cap of $609.82 million, a P/E ratio of 11.73 and a beta of 0.91.
First Financial (NASDAQ:THFF) last issued its quarterly earnings data on Thursday, February 6th. The bank reported $1.05 EPS for the quarter, topping the consensus estimate of $0.99 by $0.06. First Financial had a net margin of 26.06% and a return on equity of 9.79%. The firm had revenue of $49.80 million for the quarter, compared to analyst estimates of $46.65 million. As a group, research analysts predict that First Financial will post 3.72 EPS for the current fiscal year.
The business also recently disclosed a Semi-Annual dividend, which was paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 8th were issued a $0.52 dividend. The ex-dividend date was Tuesday, January 7th. First Financial’s dividend payout ratio is currently 27.37%.
In related news, Director Thomas Craig Martin acquired 850 shares of the firm’s stock in a transaction dated Monday, December 16th. The shares were purchased at an average cost of $45.75 per share, for a total transaction of $38,887.50. Following the acquisition, the director now owns 850 shares in the company, valued at approximately $38,887.50. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 3.73% of the company’s stock.
A number of institutional investors have recently added to or reduced their stakes in the business. Summit Global Investments lifted its holdings in First Financial by 1.8% during the 4th quarter. Summit Global Investments now owns 21,810 shares of the bank’s stock worth $997,000 after buying an additional 385 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in First Financial by 221.7% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 563 shares of the bank’s stock worth $26,000 after buying an additional 388 shares in the last quarter. OLD National Bancorp IN lifted its holdings in First Financial by 0.6% during the 4th quarter. OLD National Bancorp IN now owns 66,150 shares of the bank’s stock worth $3,024,000 after buying an additional 400 shares in the last quarter. Swiss National Bank lifted its holdings in First Financial by 2.4% during the 4th quarter. Swiss National Bank now owns 21,026 shares of the bank’s stock worth $961,000 after buying an additional 500 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its holdings in First Financial by 2.6% during the 4th quarter. Victory Capital Management Inc. now owns 26,003 shares of the bank’s stock worth $1,189,000 after buying an additional 664 shares in the last quarter. Institutional investors own 55.24% of the company’s stock.
First Financial Company Profile
First Financial Corporation, through its subsidiaries, provides various financial services. It offers non-interest-bearing demand, interest-bearing demand, savings, time, and other time deposits. The company 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.
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