First Financial Corporation Indiana (NASDAQ:THFF) Receives "Market Perform" Rating from Raymond James Financial

First Financial Corporation Indiana (NASDAQ:THFF - Get Free Report)'s stock had its "market perform" rating reiterated by investment analysts at Raymond James Financial in a research report issued to clients and investors on Tuesday, MarketBeat.com reports.

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

First Financial Corporation Indiana Trading Up 0.4%

Shares of THFF stock traded up $0.23 during trading hours on Tuesday, reaching $56.76. The company's stock had a trading volume of 69,907 shares, compared to its average volume of 56,013. The stock has a market capitalization of $672.61 million, a P/E ratio of 12.29 and a beta of 0.43. First Financial Corporation Indiana has a one year low of $36.97 and a one year high of $57.43. The firm's fifty day simple moving average is $52.26 and its 200 day simple moving average is $49.49. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.22.

First Financial Corporation Indiana (NASDAQ:THFF - Get Free Report) last released its quarterly earnings results on Tuesday, April 22nd. The bank reported $1.55 earnings per share for the quarter, beating 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 company had revenue of $62.49 million for the quarter, compared to analyst estimates of $62.04 million. Equities research analysts expect that First Financial Corporation Indiana will post 5.41 EPS for the current year.

Institutional Trading of First Financial Corporation Indiana

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Martingale Asset Management L P raised its stake in First Financial Corporation Indiana by 0.4% during the 4th quarter. Martingale Asset Management L P now owns 46,048 shares of the bank's stock valued at $2,127,000 after purchasing an additional 203 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of First Financial Corporation Indiana by 4.3% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,509 shares of the bank's stock worth $301,000 after purchasing an additional 266 shares during the period. Sterling Capital Management LLC boosted its holdings in shares of First Financial Corporation Indiana by 4.9% in the 4th quarter. Sterling Capital Management LLC now owns 6,979 shares of the bank's stock worth $322,000 after purchasing an additional 327 shares during the period. Legato Capital Management LLC lifted its stake in shares of First Financial Corporation Indiana by 2.4% during the 1st quarter. Legato Capital Management LLC now owns 27,081 shares of the bank's stock worth $1,326,000 after acquiring an additional 634 shares during the last quarter. Finally, SG Americas Securities LLC lifted its stake in shares of First Financial Corporation Indiana by 4.5% during the 1st quarter. SG Americas Securities LLC now owns 15,236 shares of the bank's stock worth $746,000 after acquiring an additional 656 shares during the last quarter. Hedge funds and other institutional investors 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.