Wealth Enhancement Advisory Services LLC Makes New Investment in First Financial Corporation Indiana (NASDAQ:THFF)

Wealth Enhancement Advisory Services LLC bought a new stake in shares of First Financial Corporation Indiana (NASDAQ:THFF - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 5,106 shares of the bank's stock, valued at approximately $236,000.

Other institutional investors also recently modified their holdings of the company. Quantbot Technologies LP bought a new stake in First Financial Corporation Indiana in the fourth quarter worth approximately $39,000. Ieq Capital LLC acquired a new position in First Financial Corporation Indiana in the 4th quarter valued at approximately $205,000. XTX Topco Ltd acquired a new position in shares of First Financial Corporation Indiana in the fourth quarter valued at $213,000. Cubist Systematic Strategies LLC raised its stake in shares of First Financial Corporation Indiana by 27.6% in the 4th quarter. Cubist Systematic Strategies LLC now owns 5,586 shares of the bank's stock valued at $258,000 after buying an additional 1,209 shares in the last quarter. Finally, Occudo Quantitative Strategies LP acquired a new position in First Financial Corporation Indiana in the fourth quarter worth about $261,000. Institutional investors and hedge funds own 72.74% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on THFF. Wall Street Zen upgraded First Financial Corporation Indiana from a "hold" rating to a "buy" rating in a research note on Wednesday, May 14th. Janney Montgomery Scott upgraded First Financial Corporation Indiana from a "neutral" rating to a "buy" rating and set a $58.00 price target on the stock in a research report on Monday, February 24th.

First Financial Corporation Indiana Price Performance

NASDAQ:THFF traded up $0.18 on Friday, reaching $50.99. The stock had a trading volume of 41,616 shares, compared to its average volume of 63,740. The company has a market capitalization of $604.27 million, a P/E ratio of 11.06 and a beta of 0.42. The stock has a fifty day moving average price of $50.00 and a 200-day moving average price of $48.98. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.22. First Financial Corporation Indiana has a 1-year low of $34.60 and a 1-year high of $53.60.

First Financial Corporation Indiana (NASDAQ:THFF - Get Free Report) last announced its earnings results on Tuesday, April 22nd. The bank reported $1.55 EPS for the quarter, topping the consensus estimate of $1.29 by $0.26. First Financial Corporation Indiana had a return on equity of 9.88% and a net margin of 16.99%. The business had revenue of $62.49 million for the quarter, compared to the consensus estimate of $62.04 million. Research analysts forecast that First Financial Corporation Indiana will post 5.41 EPS for the current year.

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.