Universal Beteiligungs und Servicegesellschaft mbH Invests $805,000 in First Financial Corporation Indiana (NASDAQ:THFF)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of First Financial Corporation Indiana (NASDAQ:THFF - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 16,430 shares of the bank's stock, valued at approximately $805,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.14% of First Financial Corporation Indiana as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. XTX Topco Ltd bought a new stake in shares of First Financial Corporation Indiana in the fourth quarter worth $213,000. Wealth Enhancement Advisory Services LLC bought a new position in First Financial Corporation Indiana in the 4th quarter worth $236,000. Cubist Systematic Strategies LLC lifted its position in First Financial Corporation Indiana by 27.6% during the fourth quarter. Cubist Systematic Strategies LLC now owns 5,586 shares of the bank's stock valued at $258,000 after purchasing an additional 1,209 shares in the last quarter. Occudo Quantitative Strategies LP purchased a new stake in First Financial Corporation Indiana in the fourth quarter worth about $261,000. Finally, EP Wealth Advisors LLC bought a new position in shares of First Financial Corporation Indiana during the 4th quarter valued at approximately $264,000. Hedge funds and other institutional investors own 72.74% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on THFF. Wall Street Zen raised First Financial Corporation Indiana from a "hold" rating to a "buy" rating in a report on Sunday, July 20th. Raymond James Financial reaffirmed a "market perform" rating on shares of First Financial Corporation Indiana in a research note on Tuesday, July 8th. Finally, Keefe, Bruyette & Woods increased their target price on First Financial Corporation Indiana from $55.00 to $61.00 and gave the company a "market perform" rating in a research report on Wednesday, July 23rd.

First Financial Corporation Indiana Stock Down 2.1%

NASDAQ:THFF opened at $52.44 on Friday. The company has a market cap of $621.41 million, a price-to-earnings ratio of 10.03 and a beta of 0.47. First Financial Corporation Indiana has a twelve month low of $38.87 and a twelve month high of $57.91. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.22. The stock has a fifty day simple moving average of $53.75 and a 200-day simple moving average of $50.69.

First Financial Corporation Indiana (NASDAQ:THFF - Get Free Report) last released its quarterly earnings data on Tuesday, July 22nd. The bank reported $1.57 EPS for the quarter, topping the consensus estimate of $1.43 by $0.14. The company had revenue of $63.05 million for the quarter, compared to the consensus estimate of $63.28 million. First Financial Corporation Indiana had a return on equity of 11.02% and a net margin of 18.44%. Analysts anticipate that First Financial Corporation Indiana will post 5.41 EPS for the current year.

First Financial Corporation Indiana Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 1st were issued a $0.51 dividend. This represents a $2.04 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend was Tuesday, July 1st. First Financial Corporation Indiana's dividend payout ratio (DPR) is currently 39.01%.

First Financial Corporation Indiana 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.

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