First Financial (NASDAQ:THFF) was downgraded by investment analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research report issued to clients and investors on Wednesday, April 10th, BidAskClub reports.
THFF has been the topic of several other research reports. ValuEngine cut shares of First Financial from a “hold” rating to a “sell” rating in a report on Wednesday, March 20th. Zacks Investment Research raised shares of First Financial from a “hold” rating to a “buy” rating and set a $44.00 target price on the stock in a report on Tuesday, January 15th.
Shares of NASDAQ THFF traded up $0.58 during midday trading on Wednesday, hitting $41.76. The company’s stock had a trading volume of 15,482 shares, compared to its average volume of 43,174. First Financial has a 1 year low of $37.41 and a 1 year high of $53.05. The firm has a market cap of $513.15 million, a price-to-earnings ratio of 10.99 and a beta of 0.89.
Large investors have recently modified their holdings of the stock. Great West Life Assurance Co. Can raised its holdings in First Financial by 1,505.0% in the fourth quarter. Great West Life Assurance Co. Can now owns 1,284 shares of the bank’s stock valued at $50,000 after acquiring an additional 1,204 shares in the last quarter. Nisa Investment Advisors LLC raised its holdings in First Financial by 268.3% in the fourth quarter. Nisa Investment Advisors LLC now owns 1,510 shares of the bank’s stock valued at $61,000 after acquiring an additional 1,100 shares in the last quarter. BNP Paribas Arbitrage SA raised its holdings in First Financial by 326.2% in the first quarter. BNP Paribas Arbitrage SA now owns 2,489 shares of the bank’s stock valued at $105,000 after acquiring an additional 1,905 shares in the last quarter. SG Americas Securities LLC acquired a new stake in First Financial during the first quarter worth approximately $111,000. Finally, Public Employees Retirement System of Ohio acquired a new stake in First Financial during the fourth quarter worth approximately $110,000. 57.15% of the stock is currently owned by hedge funds and other institutional investors.
About First Financial
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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