Aperio Group LLC cut its stake in First Financial Corp (NASDAQ:THFF) by 38.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,202 shares of the bank’s stock after selling 3,907 shares during the quarter. Aperio Group LLC owned about 0.05% of First Financial worth $249,000 at the end of the most recent quarter.
Several other institutional investors have also modified their holdings of THFF. OLD National Bancorp IN raised its stake in First Financial by 0.6% during the 1st quarter. OLD National Bancorp IN now owns 65,929 shares of the bank’s stock worth $2,769,000 after acquiring an additional 379 shares during the period. Strs Ohio raised its stake in First Financial by 7.3% during the 2nd quarter. Strs Ohio now owns 16,200 shares of the bank’s stock worth $650,000 after acquiring an additional 1,100 shares during the period. SG Americas Securities LLC raised its stake in First Financial by 64.1% during the 2nd quarter. SG Americas Securities LLC now owns 4,323 shares of the bank’s stock worth $174,000 after acquiring an additional 1,688 shares during the period. BNP Paribas Arbitrage SA raised its position in shares of First Financial by 326.2% during the first quarter. BNP Paribas Arbitrage SA now owns 2,489 shares of the bank’s stock valued at $105,000 after buying an additional 1,905 shares during the last quarter. Finally, KBC Group NV raised its position in shares of First Financial by 127.0% during the second quarter. KBC Group NV now owns 4,300 shares of the bank’s stock valued at $173,000 after buying an additional 2,406 shares during the last quarter. Institutional investors own 57.44% of the company’s stock.
Several equities research analysts have recently issued reports on the stock. Zacks Investment Research reiterated a “sell” rating on shares of First Financial in a research report on Saturday, June 29th. BidaskClub upgraded shares of First Financial from a “sell” rating to a “hold” rating in a research report on Thursday.
NASDAQ THFF traded up $0.55 on Friday, hitting $44.34. 5,738 shares of the stock were exchanged, compared to its average volume of 32,945. The firm has a market capitalization of $514.84 million, a P/E ratio of 11.67 and a beta of 0.93. First Financial Corp has a 52-week low of $37.41 and a 52-week high of $52.52. The stock has a fifty day moving average price of $41.38 and a two-hundred day moving average price of $41.05.
First Financial (NASDAQ:THFF) last released its quarterly earnings data on Tuesday, July 23rd. The bank reported $1.02 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.84 by $0.18. First Financial had a net margin of 27.15% and a return on equity of 9.85%. The company had revenue of $39.50 million during the quarter, compared to analyst estimates of $38.10 million. On average, research analysts forecast that First Financial Corp will post 3.67 earnings per share for the current year.
First Financial Profile
First Financial Corporation, through its subsidiaries, provides various financial services. It offers non-interest-bearing demand, interest-bearing demand, savings, time, and other time deposits. The company 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.
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