TIAA CREF Investment Management LLC Raises Stake in First Financial Corporation Indiana (THFF)

TIAA CREF Investment Management LLC raised its stake in shares of First Financial Corporation Indiana (NASDAQ:THFF) by 3.3% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 39,933 shares of the bank’s stock after buying an additional 1,277 shares during the period. TIAA CREF Investment Management LLC owned about 0.33% of First Financial Corporation Indiana worth $1,897,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Teachers Advisors LLC boosted its position in First Financial Corporation Indiana by 15.6% in the first quarter. Teachers Advisors LLC now owns 27,658 shares of the bank’s stock valued at $1,314,000 after buying an additional 3,736 shares during the period. Wellington Management Group LLP acquired a new position in First Financial Corporation Indiana during the first quarter valued at about $5,862,000. American International Group Inc. boosted its position in First Financial Corporation Indiana by 6.8% in the first quarter. American International Group Inc. now owns 6,145 shares of the bank’s stock valued at $292,000 after buying an additional 392 shares during the period. Schroder Investment Management Group boosted its position in First Financial Corporation Indiana by 89.4% in the first quarter. Schroder Investment Management Group now owns 4,541 shares of the bank’s stock valued at $220,000 after buying an additional 2,144 shares during the period. Finally, KBC Group NV boosted its position in First Financial Corporation Indiana by 1.3% in the first quarter. KBC Group NV now owns 5,475 shares of the bank’s stock valued at $260,000 after buying an additional 70 shares during the period. 53.97% of the stock is currently owned by hedge funds and other institutional investors.

Shares of First Financial Corporation Indiana (THFF) opened at 43.60 on Friday. First Financial Corporation Indiana has a 52-week low of $39.20 and a 52-week high of $53.49. The company has a market capitalization of $532.92 million, a price-to-earnings ratio of 15.55 and a beta of 0.84. The company’s 50 day moving average price is $46.35 and its 200 day moving average price is $47.00.

First Financial Corporation Indiana (NASDAQ:THFF) last released its quarterly earnings data on Tuesday, July 25th. The bank reported $0.68 EPS for the quarter, missing the consensus estimate of $0.69 by $0.01. The firm had revenue of $34.67 million for the quarter, compared to analysts’ expectations of $35.15 million. First Financial Corporation Indiana had a return on equity of 8.06% and a net margin of 23.36%. On average, analysts predict that First Financial Corporation Indiana will post $2.70 EPS for the current year.

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Several equities analysts have recently issued reports on the company. Zacks Investment Research cut First Financial Corporation Indiana from a “buy” rating to a “hold” rating in a research note on Tuesday, August 1st. BidaskClub cut First Financial Corporation Indiana from a “sell” rating to a “strong sell” rating in a research note on Friday, July 28th. Finally, ValuEngine upgraded First Financial Corporation Indiana from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd.

First Financial Corporation Indiana 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.

Institutional Ownership by Quarter for First Financial Corporation Indiana (NASDAQ:THFF)

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