First Financial (THFF) Stock Rating Lowered by BidaskClub
First Financial (NASDAQ:THFF) was downgraded by equities research analysts at BidaskClub from a “hold” rating to a “sell” rating in a research report issued on Tuesday.
Other analysts have also recently issued reports about the company. ValuEngine upgraded First Financial from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Keefe, Bruyette & Woods restated a “hold” rating and issued a $49.00 price objective on shares of First Financial in a research report on Tuesday, October 24th. Finally, Zacks Investment Research cut First Financial from a “hold” rating to a “sell” rating in a research report on Friday, October 27th.
Shares of First Financial (NASDAQ THFF) opened at $46.70 on Tuesday. The company has a market capitalization of $564.74, a P/E ratio of 16.21 and a beta of 0.85. First Financial has a 12-month low of $39.55 and a 12-month high of $53.49.
First Financial (NASDAQ:THFF) last posted its quarterly earnings data on Monday, October 23rd. The bank reported $0.72 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.72. The business had revenue of $35.65 million during the quarter, compared to analysts’ expectations of $35.71 million. First Financial had a return on equity of 8.11% and a net margin of 23.48%. analysts forecast that First Financial will post 2.87 EPS for the current fiscal year.
Several institutional investors and hedge funds have recently modified their holdings of the stock. Wells Fargo & Company MN increased its position in shares of First Financial by 1.4% during the second quarter. Wells Fargo & Company MN now owns 7,453 shares of the bank’s stock worth $353,000 after purchasing an additional 105 shares in the last quarter. Bank of America Corp DE boosted its stake in First Financial by 7.3% during 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 during the last quarter. Rhumbline Advisers boosted its stake in First Financial by 1.5% during the second quarter. Rhumbline Advisers now owns 16,071 shares of the bank’s stock worth $760,000 after buying an additional 235 shares during the last quarter. Strs Ohio boosted its stake in First Financial by 2.0% during the second quarter. Strs Ohio now owns 15,100 shares of the bank’s stock worth $714,000 after buying an additional 300 shares during the last quarter. Finally, The Manufacturers Life Insurance Company boosted its stake in First Financial by 5.3% during the second quarter. The Manufacturers Life Insurance Company now owns 8,670 shares of the bank’s stock worth $411,000 after buying an additional 438 shares during the last quarter. Hedge funds and other institutional investors own 53.74% of the company’s stock.
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First Financial 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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