ValuEngine cut shares of First Financial Corporation Indiana (NASDAQ:THFF) from a buy rating to a hold rating in a report published on Saturday morning.

A number of other equities analysts have also recently commented on the company. Zacks Investment Research cut First Financial Corporation Indiana from a buy rating to a hold rating in a report on Friday, May 5th. BidaskClub cut First Financial Corporation Indiana from a sell rating to a strong sell rating in a report on Friday, July 28th.

Shares of First Financial Corporation Indiana (NASDAQ:THFF) opened at 43.55 on Friday. The firm’s 50-day moving average is $45.77 and its 200 day moving average is $46.85. First Financial Corporation Indiana has a 52-week low of $39.20 and a 52-week high of $53.49. The company has a market capitalization of $532.31 million, a price-to-earnings ratio of 15.53 and a beta of 0.84.

First Financial Corporation Indiana (NASDAQ:THFF) last announced its earnings results on Tuesday, July 25th. The bank reported $0.68 EPS for the quarter, missing the Zacks’ consensus estimate of $0.69 by $0.01. The company had revenue of $34.67 million during 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%. On average, equities research analysts anticipate that First Financial Corporation Indiana will post $2.70 earnings per share for the current year.

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Several institutional investors have recently made changes to their positions in the company. Wellington Management Group LLP bought a new position in shares of First Financial Corporation Indiana during the first quarter worth approximately $5,862,000. Numeric Investors LLC boosted its position in shares of First Financial Corporation Indiana by 48.0% in the second quarter. Numeric Investors LLC now owns 118,757 shares of the bank’s stock worth $5,617,000 after buying an additional 38,500 shares during the period. State Street Corp boosted its position in shares of First Financial Corporation Indiana by 15.2% in the second quarter. State Street Corp now owns 270,597 shares of the bank’s stock worth $12,800,000 after buying an additional 35,700 shares during the period. AQR Capital Management LLC boosted its position in shares of First Financial Corporation Indiana by 54.4% in the first quarter. AQR Capital Management LLC now owns 78,847 shares of the bank’s stock worth $3,745,000 after buying an additional 27,768 shares during the period. Finally, Systematic Financial Management LP bought a new position in shares of First Financial Corporation Indiana during the second quarter worth approximately $1,268,000. Hedge funds and other institutional investors own 54.07% of the company’s stock.

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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