Tudor Investment Corp ET AL Acquires 17,782 Shares of First Financial Co. (NASDAQ:THFF)

Tudor Investment Corp ET AL raised its position in First Financial Co. (NASDAQ:THFF - Free Report) by 88.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 37,787 shares of the bank's stock after purchasing an additional 17,782 shares during the period. Tudor Investment Corp ET AL owned approximately 0.32% of First Financial worth $1,745,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the company. Versant Capital Management Inc acquired a new position in First Financial in the fourth quarter valued at about $25,000. Quantbot Technologies LP acquired a new position in shares of First Financial in the fourth quarter valued at approximately $39,000. R Squared Ltd bought a new stake in shares of First Financial during the fourth quarter worth $73,000. Ieq Capital LLC bought a new stake in First Financial in the 4th quarter valued at $205,000. Finally, XTX Topco Ltd acquired a new position in First Financial in the 4th quarter worth $213,000. 72.74% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently weighed in on THFF shares. Keefe, Bruyette & Woods reaffirmed a "market perform" rating and set a $55.00 price target (up from $52.00) on shares of First Financial in a research note on Thursday, February 6th. Janney Montgomery Scott upgraded shares of First Financial from a "neutral" rating to a "buy" rating and set a $58.00 price target on the stock in a research note on Monday, February 24th. Finally, StockNews.com downgraded shares of First Financial from a "buy" rating to a "hold" rating in a research note on Tuesday.

First Financial Stock Performance

THFF stock traded up $0.04 during trading hours on Wednesday, reaching $50.06. The stock had a trading volume of 47,143 shares, compared to its average volume of 54,265. The stock has a 50-day simple moving average of $47.81 and a 200 day simple moving average of $47.93. First Financial Co. has a fifty-two week low of $34.61 and a fifty-two week high of $53.60. The stock has a market capitalization of $593.33 million, a PE ratio of 12.51 and a beta of 0.41. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.79 and a quick ratio of 0.79.

First Financial (NASDAQ:THFF - Get Free Report) last announced its quarterly earnings results on Tuesday, April 22nd. The bank reported $1.55 EPS for the quarter, beating analysts' consensus estimates of $1.29 by $0.26. First Financial had a net margin of 15.37% and a return on equity of 8.77%. The business had revenue of $62.49 million for the quarter, compared to analyst estimates of $62.04 million. Analysts predict that First Financial Co. will post 5.41 EPS for the current fiscal year.

First Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st were given a dividend of $0.51 per share. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $2.04 annualized dividend and a dividend yield of 4.08%. First Financial's dividend payout ratio is 44.16%.

Insider Activity at First Financial

In related news, insider Mark Allen Franklin acquired 1,100 shares of the company's stock in a transaction on Wednesday, February 12th. The shares were acquired at an average cost of $52.53 per share, for a total transaction of $57,783.00. Following the purchase, the insider now owns 9,845 shares in the company, valued at approximately $517,157.85. The trade was a 12.58 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director James O. Mcdonald purchased 1,000 shares of the firm's stock in a transaction dated Tuesday, March 11th. The shares were bought at an average price of $48.99 per share, with a total value of $48,990.00. Following the purchase, 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 disclosure for this purchase can be found here. Insiders have bought 2,837 shares of company stock valued at $142,701 over the last three months. 3.69% of the stock is owned by insiders.

About First Financial

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.