First Financial Co. (NASDAQ:THFF - Get Free Report) Director Mark Jason Sr Blade, Sr. acquired 463 shares of the company's stock in a transaction dated Monday, November 4th. The shares were purchased at an average price of $42.60 per share, for a total transaction of $19,723.80. Following the purchase, the director now directly owns 2,864 shares of the company's stock, valued at approximately $122,006.40. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
First Financial Trading Down 0.3 %
NASDAQ:THFF opened at $42.98 on Tuesday. The stock has a market cap of $507.77 million, a price-to-earnings ratio of 11.65 and a beta of 0.47. First Financial Co. has a one year low of $34.50 and a one year high of $47.00. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.79 and a current ratio of 0.79. The business's 50-day simple moving average is $43.33 and its 200 day simple moving average is $40.52.
First Financial (NASDAQ:THFF - Get Free Report) last released its earnings results on Tuesday, October 22nd. The bank reported $0.74 EPS for the quarter, missing the consensus estimate of $0.91 by ($0.17). First Financial had a net margin of 14.86% and a return on equity of 8.25%. The business had revenue of $82.92 million for the quarter, compared to analysts' expectations of $57.95 million. As a group, sell-side analysts predict that First Financial Co. will post 4.14 earnings per share for the current fiscal year.
First Financial Announces Dividend
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The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 1st were issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 4.19%. The ex-dividend date was Tuesday, October 1st. First Financial's dividend payout ratio is currently 48.78%.
Wall Street Analysts Forecast Growth
Separately, Keefe, Bruyette & Woods raised their price target on shares of First Financial from $43.00 to $45.00 and gave the company a "market perform" rating in a report on Thursday, July 25th.
Get Our Latest Stock Report on THFF
Institutional Investors Weigh In On First Financial
Hedge funds and other institutional investors have recently modified their holdings of the stock. Country Trust Bank bought a new stake in First Financial in the second quarter valued at about $111,000. Comerica Bank raised its position in shares of First Financial by 6,849.2% during the 1st quarter. Comerica Bank now owns 4,517 shares of the bank's stock valued at $173,000 after acquiring an additional 4,452 shares in the last quarter. DekaBank Deutsche Girozentrale bought a new position in First Financial during the first quarter worth $175,000. CWM LLC boosted its holdings in First Financial by 102.3% in the second quarter. CWM LLC now owns 5,098 shares of the bank's stock worth $188,000 after purchasing an additional 2,578 shares during the period. Finally, Quest Partners LLC increased its stake in First Financial by 6.0% during the second quarter. Quest Partners LLC now owns 7,043 shares of the bank's stock valued at $260,000 after purchasing an additional 400 shares during the last quarter. Institutional investors own 72.74% of the company's stock.
About First Financial
(
Get Free Report)
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.
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