Two Sigma Investments LP Has $1.58 Million Holdings in First Financial Co. (NASDAQ:THFF)

Two Sigma Investments LP grew its position in First Financial Co. (NASDAQ:THFF - Free Report) by 17.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,122 shares of the bank's stock after buying an additional 5,079 shares during the quarter. Two Sigma Investments LP owned approximately 0.29% of First Financial worth $1,576,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in THFF. Quantbot Technologies LP acquired a new position in First Financial in the 4th quarter valued at approximately $39,000. Ieq Capital LLC purchased a new stake in shares of First Financial during the 4th quarter worth about $205,000. XTX Topco Ltd acquired a new stake in shares of First Financial during the 4th quarter valued at about $213,000. Cubist Systematic Strategies LLC lifted its stake in First Financial by 27.6% in the fourth quarter. Cubist Systematic Strategies LLC now owns 5,586 shares of the bank's stock valued at $258,000 after acquiring an additional 1,209 shares during the last quarter. Finally, Occudo Quantitative Strategies LP acquired a new stake in First Financial in the fourth quarter valued at approximately $261,000. 72.74% of the stock is currently owned by institutional investors and hedge funds.

First Financial Trading Up 2.3%

NASDAQ:THFF traded up $1.16 during mid-day trading on Friday, hitting $51.71. The company had a trading volume of 32,538 shares, compared to its average volume of 55,105. The business's fifty day moving average is $48.75 and its two-hundred day moving average is $48.83. First Financial Co. has a fifty-two week low of $34.61 and a fifty-two week high of $53.60. The firm has a market cap of $612.82 million, a P/E ratio of 12.93 and a beta of 0.42. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.79 and a current ratio of 0.79.

First Financial (NASDAQ:THFF - Get Free Report) last announced its earnings results on Tuesday, April 22nd. The bank reported $1.55 earnings per share for the quarter, topping analysts' consensus estimates of $1.29 by $0.26. The firm had revenue of $62.49 million during the quarter, compared to analyst estimates of $62.04 million. First Financial had a net margin of 15.37% and a return on equity of 8.77%. As a group, research analysts expect that First Financial Co. will post 5.41 earnings per share for the current year.

First Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st were issued a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 3.95%. The ex-dividend date was Tuesday, April 1st. First Financial's payout ratio is 44.16%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on THFF shares. Wall Street Zen raised shares of First Financial from a "hold" rating to a "buy" rating in a research note on Wednesday, May 14th. Janney Montgomery Scott raised shares of First Financial from a "neutral" rating to a "buy" rating and set a $58.00 target price on the stock in a research report on Monday, February 24th.

Insider Transactions at First Financial

In other First Financial news, Director James O. Mcdonald purchased 1,000 shares of the stock in a transaction that occurred on Tuesday, March 11th. The shares were acquired at an average cost of $48.99 per share, with a total value of $48,990.00. Following the completion of the transaction, the director now owns 9,462 shares in the company, valued at $463,543.38. The trade was a 11.82% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders bought a total of 1,675 shares of company stock worth $81,719 over the last quarter. Company insiders own 3.69% of the company's stock.

First Financial 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.