First Financial Corporation Indiana (NASDAQ:THFF) Given Market Perform Rating at Raymond James Financial

First Financial Corporation Indiana (NASDAQ:THFF - Get Free Report)'s stock had its "market perform" rating reissued by equities researchers at Raymond James Financial in a report released on Tuesday, MarketBeat Ratings reports.

Separately, Wall Street Zen upgraded shares of First Financial Corporation Indiana from a "hold" rating to a "buy" rating in a research report on Wednesday, May 14th.

First Financial Corporation Indiana Price Performance

Shares of THFF stock traded down $1.12 during midday trading on Tuesday, reaching $55.59. 58,210 shares of the company were exchanged, compared to its average volume of 56,027. First Financial Corporation Indiana has a 12 month low of $38.87 and a 12 month high of $57.43. The company has a market cap of $658.74 million, a P/E ratio of 12.03 and a beta of 0.43. The company's 50 day moving average price is $52.65 and its two-hundred day moving average price is $49.66. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.82 and a current ratio of 0.82.

First Financial Corporation Indiana (NASDAQ:THFF - Get Free Report) last released its quarterly earnings results on Tuesday, April 22nd. The bank reported $1.55 EPS for the quarter, topping 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 for the quarter, compared to the consensus estimate of $62.04 million. On average, sell-side analysts expect that First Financial Corporation Indiana will post 5.41 earnings per share for the current year.

Hedge Funds Weigh In On First Financial Corporation Indiana

Hedge funds have recently made changes to their positions in the business. Quantbot Technologies LP acquired a new position in shares of First Financial Corporation Indiana in the 4th quarter worth approximately $39,000. US Bancorp DE grew its stake in shares of First Financial Corporation Indiana by 167.0% in the 1st quarter. US Bancorp DE now owns 2,475 shares of the bank's stock worth $121,000 after purchasing an additional 1,548 shares during the last quarter. XTX Topco Ltd purchased a new position in shares of First Financial Corporation Indiana in the fourth quarter worth approximately $213,000. Jane Street Group LLC purchased a new position in shares of First Financial Corporation Indiana in the first quarter worth approximately $213,000. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in shares of First Financial Corporation Indiana in the fourth quarter worth approximately $236,000. Institutional investors and hedge funds own 72.74% of the company's stock.

About First Financial Corporation Indiana

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.