Smith Asset Management Group LP lowered its position in First Financial Corporation Indiana (NASDAQ:THFF) by 31.9% during the second quarter, Holdings Channel reports. The institutional investor owned 6,300 shares of the bank’s stock after selling 2,950 shares during the period. Smith Asset Management Group LP’s holdings in First Financial Corporation Indiana were worth $298,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. boosted its position in shares of First Financial Corporation Indiana by 0.8% in the first quarter. Vanguard Group Inc. now owns 498,399 shares of the bank’s stock worth $23,674,000 after buying an additional 3,838 shares during the last quarter. Norges Bank purchased a new position in shares of First Financial Corporation Indiana during the fourth quarter worth approximately $11,625,000. Renaissance Technologies LLC boosted its position in shares of First Financial Corporation Indiana by 17.5% in the first quarter. Renaissance Technologies LLC now owns 164,100 shares of the bank’s stock worth $7,795,000 after buying an additional 24,381 shares during the last quarter. LSV Asset Management boosted its position in shares of First Financial Corporation Indiana by 3.3% in the first quarter. LSV Asset Management now owns 144,153 shares of the bank’s stock worth $6,847,000 after buying an additional 4,600 shares during the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC boosted its position in shares of First Financial Corporation Indiana by 3.3% in the first quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 126,339 shares of the bank’s stock worth $6,001,000 after buying an additional 4,011 shares during the last quarter. Institutional investors own 53.97% of the company’s stock.

First Financial Corporation Indiana (THFF) opened at 45.25 on Tuesday. First Financial Corporation Indiana has a one year low of $39.20 and a one year high of $53.49. The firm’s 50 day moving average price is $46.72 and its 200-day moving average price is $47.11. The firm has a market cap of $553.09 million, a PE ratio of 16.14 and a beta of 0.84.

First Financial Corporation Indiana (NASDAQ:THFF) last announced its quarterly earnings results on Tuesday, July 25th. The bank reported $0.68 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.69 by $0.01. The firm had revenue of $34.67 million for the quarter, compared to analysts’ expectations of $35.15 million. First Financial Corporation Indiana had a return on equity of 8.06% and a net margin of 23.36%. Equities analysts predict that First Financial Corporation Indiana will post $2.70 EPS for the current fiscal year.

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A number of brokerages have commented on THFF. ValuEngine raised First Financial Corporation Indiana from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Zacks Investment Research cut First Financial Corporation Indiana from a “buy” rating to a “hold” rating in a report on Tuesday, July 11th. Finally, BidaskClub cut First Financial Corporation Indiana from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th.

First Financial Corporation Indiana Company Profile

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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