Los Angeles Capital Management & Equity Research Inc. maintained its position in shares of First Financial Corporation Indiana (NASDAQ:THFF) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,985 shares of the bank’s stock at the end of the first quarter. Los Angeles Capital Management & Equity Research Inc. owned approximately 0.07% of First Financial Corporation Indiana worth $427,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Norges Bank purchased a new stake in shares of First Financial Corporation Indiana during the fourth quarter valued at $11,625,000. Russell Investments Group Ltd. purchased a new stake in shares of First Financial Corporation Indiana during the fourth quarter valued at $1,948,000. Numeric Investors LLC raised its stake in shares of First Financial Corporation Indiana by 83.0% in the fourth quarter. Numeric Investors LLC now owns 65,957 shares of the bank’s stock valued at $3,483,000 after buying an additional 29,911 shares during the last quarter. AQR Capital Management LLC raised its stake in shares of First Financial Corporation Indiana by 57.7% in the fourth quarter. AQR Capital Management LLC now owns 51,079 shares of the bank’s stock valued at $2,697,000 after buying an additional 18,693 shares during the last quarter. Finally, Renaissance Technologies LLC raised its stake in shares of First Financial Corporation Indiana by 9.8% in the fourth quarter. Renaissance Technologies LLC now owns 139,719 shares of the bank’s stock valued at $7,377,000 after buying an additional 12,419 shares during the last quarter. 54.28% of the stock is currently owned by institutional investors.

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

Shares of First Financial Corporation Indiana (NASDAQ:THFF) opened at 48.10 on Friday. The firm has a market cap of $587.93 million, a price-to-earnings ratio of 17.22 and a beta of 0.86. The company has a 50-day moving average price of $47.30 and a 200 day moving average price of $48.09. First Financial Corporation Indiana has a 52 week low of $34.72 and a 52 week high of $53.49.

First Financial Corporation Indiana (NASDAQ:THFF) last issued its quarterly earnings results on Wednesday, April 26th. The bank reported $0.77 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.64 by $0.13. The business had revenue of $37.56 million for the quarter, compared to the consensus estimate of $34.49 million. First Financial Corporation Indiana had a return on equity of 8.14% and a net margin of 23.42%. Analysts expect that First Financial Corporation Indiana will post $2.91 EPS for the current fiscal year.

The firm also recently announced a semiannual dividend, which will be paid on Monday, July 3rd. Shareholders of record on Friday, June 16th will be issued a $0.50 dividend. This represents a dividend yield of 2.19%. The ex-dividend date is Wednesday, June 14th. This is an increase from First Financial Corporation Indiana’s previous semiannual dividend of $0.49. First Financial Corporation Indiana’s dividend payout ratio (DPR) is currently 35.71%.

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Several analysts have recently weighed in on THFF shares. Zacks Investment Research raised First Financial Corporation Indiana from a “hold” rating to a “buy” rating and set a $51.00 price objective on the stock in a report on Wednesday, April 12th. Keefe, Bruyette & Woods set a $45.00 price target on First Financial Corporation Indiana and gave the company a “neutral” rating in a research note on Wednesday, March 22nd. Finally, ValuEngine raised First Financial Corporation Indiana from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd.

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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