First Financial (NASDAQ:THFF) Research Coverage Started at StockNews.com

StockNews.com started coverage on shares of First Financial (NASDAQ:THFF – Get Rating) in a research note issued to investors on Thursday morning. The brokerage issued a hold rating on the bank’s stock.

First Financial Trading Down 4.6 %

NASDAQ:THFF opened at $38.53 on Thursday. The company has a 50-day moving average price of $43.79 and a 200-day moving average price of $45.84. First Financial has a 12 month low of $37.37 and a 12 month high of $49.90. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.02. The stock has a market cap of $465.06 million, a price-to-earnings ratio of 6.63 and a beta of 0.57.

Insider Transactions at First Financial

In related news, Director Paul Joseph Pierson II bought 1,500 shares of the company’s stock in a transaction dated Friday, March 10th. The stock was purchased at an average cost of $40.18 per share, with a total value of $60,270.00. Following the transaction, the director now owns 7,500 shares in the company, valued at approximately $301,350. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 3.41% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of THFF. Quadrant Capital Group LLC increased its stake in shares of First Financial by 87.8% in the 2nd quarter. Quadrant Capital Group LLC now owns 1,076 shares of the bank’s stock worth $48,000 after acquiring an additional 503 shares in the last quarter. Nisa Investment Advisors LLC increased its stake in shares of First Financial by 23.1% in the 4th quarter. Nisa Investment Advisors LLC now owns 1,600 shares of the bank’s stock worth $74,000 after acquiring an additional 300 shares in the last quarter. Signaturefd LLC increased its stake in shares of First Financial by 98.5% in the 4th quarter. Signaturefd LLC now owns 1,759 shares of the bank’s stock worth $81,000 after acquiring an additional 873 shares in the last quarter. Ensign Peak Advisors Inc bought a new position in shares of First Financial in the 1st quarter worth about $96,000. Finally, US Bancorp DE increased its stake in shares of First Financial by 234.4% in the 3rd quarter. US Bancorp DE now owns 2,311 shares of the bank’s stock worth $104,000 after acquiring an additional 1,620 shares in the last quarter. 73.38% of the stock is currently owned by institutional investors.

First Financial Company Profile

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First Financial Corp. operates as a bank holding company, which through its subsidiary First Financial Bank engages in the provision of financial services. It offers commercial, mortgage and consumer lending, lease financing, trust account services, depositor services, and insurance services. The company was founded in 1984 and is headquartered in Terre Haute, IN.