Keefe, Bruyette & Woods Reiterates Hold Rating for First Financial (THFF)

First Financial (NASDAQ:THFF)‘s stock had its “hold” rating restated by stock analysts at Keefe, Bruyette & Woods in a research report issued on Friday. They currently have a $50.00 price target on the bank’s stock. Keefe, Bruyette & Woods’ target price would indicate a potential upside of 7.76% from the stock’s current price.

Several other equities research analysts have also recently weighed in on the company. BidaskClub cut First Financial from a “hold” rating to a “sell” rating in a report on Tuesday, December 12th. ValuEngine upgraded First Financial from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Finally, Zacks Investment Research cut First Financial from a “hold” rating to a “sell” rating in a report on Friday, October 27th.

Shares of First Financial (NASDAQ:THFF) opened at $46.40 on Friday. First Financial has a 1-year low of $39.55 and a 1-year 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 earnings results on Monday, October 23rd. The bank reported $0.72 earnings per share for the quarter, hitting the Thomson Reuters’ 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 during the quarter, compared to analysts’ expectations of $35.71 million. analysts expect that First Financial will post 2.87 EPS for the current year.

Several institutional investors and hedge funds have recently added to or reduced their stakes in THFF. Teachers Advisors LLC raised its position in shares of First Financial by 15.6% in the 1st quarter. Teachers Advisors LLC now owns 27,658 shares of the bank’s stock worth $1,314,000 after acquiring an additional 3,736 shares in the last quarter. Bank of America Corp DE raised its position in shares of First Financial by 7.3% in the 1st quarter. Bank of America Corp DE now owns 3,194 shares of the bank’s stock worth $152,000 after acquiring an additional 216 shares in the last quarter. Schwab Charles Investment Management Inc. raised its position in shares of First Financial by 6.4% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 102,343 shares of the bank’s stock worth $4,841,000 after acquiring an additional 6,140 shares in the last quarter. First Trust Advisors LP raised its position in shares of First Financial by 49.4% in the 2nd quarter. First Trust Advisors LP now owns 47,491 shares of the bank’s stock worth $2,246,000 after acquiring an additional 15,703 shares in the last quarter. Finally, Rhumbline Advisers raised its position in shares of First Financial by 1.5% in the 2nd quarter. Rhumbline Advisers now owns 16,071 shares of the bank’s stock worth $760,000 after acquiring an additional 235 shares in the last quarter. 53.74% of the stock is owned by hedge funds and other institutional investors.

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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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