First Financial Corp (THFF) Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp reduced its stake in First Financial Corp (NASDAQ:THFF) by 4.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 103,650 shares of the bank’s stock after selling 5,245 shares during the period. Bank of New York Mellon Corp’s holdings in First Financial were worth $4,161,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of THFF. Nisa Investment Advisors LLC increased its position in shares of First Financial by 268.3% during the fourth quarter. Nisa Investment Advisors LLC now owns 1,510 shares of the bank’s stock worth $61,000 after acquiring an additional 1,100 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its position in shares of First Financial by 8.0% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 6,722 shares of the bank’s stock worth $270,000 after acquiring an additional 500 shares in the last quarter. MetLife Investment Advisors LLC increased its position in shares of First Financial by 52.8% during the third quarter. MetLife Investment Advisors LLC now owns 7,952 shares of the bank’s stock worth $399,000 after acquiring an additional 2,749 shares in the last quarter. New York State Common Retirement Fund increased its position in shares of First Financial by 5.5% during the fourth quarter. New York State Common Retirement Fund now owns 14,348 shares of the bank’s stock worth $576,000 after acquiring an additional 748 shares in the last quarter. Finally, Koshinski Asset Management Inc. increased its position in shares of First Financial by 46.0% during the third quarter. Koshinski Asset Management Inc. now owns 14,345 shares of the bank’s stock worth $720,000 after acquiring an additional 4,522 shares in the last quarter. 57.27% of the stock is owned by hedge funds and other institutional investors.

NASDAQ:THFF opened at $42.35 on Wednesday. The stock has a market cap of $523.82 million, a PE ratio of 11.14 and a beta of 0.92. First Financial Corp has a one year low of $37.41 and a one year high of $53.05.

First Financial (NASDAQ:THFF) last posted its earnings results on Friday, February 1st. The bank reported $0.90 EPS for the quarter, missing the consensus estimate of $0.91 by ($0.01). First Financial had a return on equity of 10.93% and a net margin of 28.33%. The business had revenue of $37.83 million for the quarter, compared to the consensus estimate of $37.41 million. On average, research analysts anticipate that First Financial Corp will post 3.74 EPS for the current year.

Several equities research analysts have recently commented on the stock. BidaskClub downgraded shares of First Financial from a “hold” rating to a “sell” rating in a research report on Friday, March 22nd. ValuEngine raised shares of First Financial from a “sell” rating to a “hold” rating in a research report on Monday, February 4th. Finally, Zacks Investment Research downgraded shares of First Financial from a “buy” rating to a “hold” rating in a research report on Tuesday, January 1st.

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

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