GAMMA Investing LLC Purchases 11,710 Shares of First Financial Corporation Indiana (NASDAQ:THFF)

GAMMA Investing LLC grew its position in shares of First Financial Corporation Indiana (NASDAQ:THFF - Free Report) by 26,022.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,755 shares of the bank's stock after purchasing an additional 11,710 shares during the quarter. GAMMA Investing LLC owned approximately 0.10% of First Financial Corporation Indiana worth $576,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the company. Geode Capital Management LLC increased its position in shares of First Financial Corporation Indiana by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 275,748 shares of the bank's stock valued at $12,740,000 after purchasing an additional 2,204 shares during the last quarter. American Century Companies Inc. lifted its holdings in shares of First Financial Corporation Indiana by 9.2% in the 4th quarter. American Century Companies Inc. now owns 235,412 shares of the bank's stock worth $10,874,000 after acquiring an additional 19,867 shares during the last quarter. Northern Trust Corp lifted its holdings in shares of First Financial Corporation Indiana by 1.0% in the 4th quarter. Northern Trust Corp now owns 135,224 shares of the bank's stock worth $6,246,000 after acquiring an additional 1,386 shares during the last quarter. Renaissance Technologies LLC lifted its holdings in shares of First Financial Corporation Indiana by 1.7% in the 4th quarter. Renaissance Technologies LLC now owns 91,873 shares of the bank's stock worth $4,244,000 after acquiring an additional 1,500 shares during the last quarter. Finally, Bridgeway Capital Management LLC lifted its holdings in shares of First Financial Corporation Indiana by 2.7% in the 4th quarter. Bridgeway Capital Management LLC now owns 87,504 shares of the bank's stock worth $4,042,000 after acquiring an additional 2,288 shares during the last quarter. 72.74% of the stock is currently owned by institutional investors.

First Financial Corporation Indiana Trading Up 0.2%

NASDAQ:THFF traded up $0.12 during midday trading on Friday, reaching $50.93. 81,341 shares of the stock traded hands, compared to its average volume of 55,279. The company has a fifty day moving average of $50.16 and a 200 day moving average of $48.98. First Financial Corporation Indiana has a 12 month low of $34.83 and a 12 month high of $53.60. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.82 and a current ratio of 0.82. The stock has a market capitalization of $603.52 million, a P/E ratio of 11.02 and a beta of 0.42.

First Financial Corporation Indiana (NASDAQ:THFF - Get Free Report) last posted its quarterly earnings results on Tuesday, April 22nd. The bank reported $1.55 EPS for the quarter, beating analysts' consensus estimates of $1.29 by $0.26. First Financial Corporation Indiana had a net margin of 16.99% and a return on equity of 9.88%. The company had revenue of $62.49 million during the quarter, compared to analyst estimates of $62.04 million. On average, research analysts predict that First Financial Corporation Indiana will post 5.41 EPS for the current year.

First Financial Corporation Indiana Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Tuesday, July 1st will be issued a dividend of $0.51 per share. The ex-dividend date is Tuesday, July 1st. This represents a $2.04 dividend on an annualized basis and a yield of 4.01%. First Financial Corporation Indiana's dividend payout ratio is currently 44.16%.

Analyst Ratings Changes

A number of brokerages have recently weighed in on THFF. Janney Montgomery Scott upgraded shares of First Financial Corporation Indiana from a "neutral" rating to a "buy" rating and set a $58.00 price objective for the company in a report on Monday, February 24th. Wall Street Zen upgraded shares of First Financial Corporation Indiana from a "hold" rating to a "buy" rating in a report on Wednesday, May 14th.

First Financial Corporation Indiana Company Profile

First Financial Corporation, through its subsidiaries, provides various financial services. The company offers non-interest-bearing demand, interest-bearing demand, savings, time, and other time deposits. It 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.