GSA Capital Partners LLP Trims Position in First Financial Corp (THFF)
GSA Capital Partners LLP lowered its holdings in First Financial Corp (NASDAQ:THFF) by 8.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 23,135 shares of the bank’s stock after selling 2,199 shares during the quarter. GSA Capital Partners LLP owned about 0.19% of First Financial worth $1,101,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also bought and sold shares of THFF. SG Americas Securities LLC acquired a new stake in First Financial in the 2nd quarter valued at $102,000. Bank of America Corp DE grew its position in First Financial by 7.3% in the 1st quarter. Bank of America Corp DE now owns 3,194 shares of the bank’s stock valued at $152,000 after purchasing an additional 216 shares during the period. OxFORD Asset Management LLP acquired a new stake in First Financial in the 2nd quarter valued at $224,000. Context BH Capital Management LP grew its position in First Financial by 15.1% in the 2nd quarter. Context BH Capital Management LP now owns 5,326 shares of the bank’s stock valued at $252,000 after purchasing an additional 700 shares during the period. Finally, Schroder Investment Management Group grew its position in First Financial by 19.7% in the 2nd quarter. Schroder Investment Management Group now owns 5,437 shares of the bank’s stock valued at $261,000 after purchasing an additional 896 shares during the period. 53.74% of the stock is owned by institutional investors and hedge funds.
First Financial Corp (NASDAQ THFF) opened at $46.40 on Friday. First Financial Corp has a 52 week low of $39.55 and a 52 week high of $53.49. The firm has a market capitalization of $576.35, a price-to-earnings ratio of 16.28 and a beta of 0.85.
First Financial (NASDAQ:THFF) last issued its quarterly earnings data on Monday, October 23rd. The bank reported $0.72 earnings per share for the quarter, meeting the consensus estimate of $0.72. First Financial had a return on equity of 8.11% and a net margin of 23.48%. The business had revenue of $35.65 million for the quarter, compared to analysts’ expectations of $35.71 million. equities analysts forecast that First Financial Corp will post 2.87 EPS for the current year.
The business also recently disclosed a semiannual dividend, which will be paid on Monday, January 15th. Shareholders of record on Monday, January 8th will be paid a dividend of $0.51 per share. The ex-dividend date is Friday, January 5th. This is a boost from First Financial’s previous semiannual dividend of $0.50. This represents a yield of 2.14%. First Financial’s dividend payout ratio (DPR) is 35.09%.
Several analysts recently issued reports on THFF shares. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $49.00 price target on shares of First Financial in a research report on Tuesday, October 24th. ValuEngine downgraded shares of First Financial from a “buy” rating to a “hold” rating in a research report on Thursday, November 16th. Zacks Investment Research downgraded shares of First Financial from a “hold” rating to a “sell” rating in a research report on Friday, October 27th. Finally, BidaskClub downgraded shares of First Financial from a “hold” rating to a “sell” rating in a research report on Tuesday, December 12th.
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First Financial Company Profile
First Financial Corporation is a financial holding company. The Company, through its subsidiaries, offers financial services, including commercial, mortgage and consumer lending, lease financing, trust account services, depositor services and insurance services. The Company’s subsidiaries include First Financial Bank, N.A.
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