Deutsche Bank AG Sells 21,466 Shares of First Financial Corp (THFF)

Deutsche Bank AG lowered its position in shares of First Financial Corp (NASDAQ:THFF) by 51.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,587 shares of the bank’s stock after selling 21,466 shares during the period. Deutsche Bank AG’s holdings in First Financial were worth $824,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Bank of New York Mellon Corp increased its holdings in First Financial by 38.0% in the third quarter. Bank of New York Mellon Corp now owns 108,895 shares of the bank’s stock worth $5,467,000 after purchasing an additional 30,000 shares in the last quarter. MetLife Investment Advisors LLC increased its holdings 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 valued at $399,000 after acquiring an additional 2,749 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of First Financial by 1.3% during the third quarter. Vanguard Group Inc. now owns 531,099 shares of the bank’s stock valued at $26,661,000 after acquiring an additional 6,795 shares in the last quarter. Vanguard Group Inc increased its holdings in shares of First Financial by 1.3% during the third quarter. Vanguard Group Inc now owns 531,099 shares of the bank’s stock valued at $26,661,000 after acquiring an additional 6,795 shares in the last quarter. Finally, Nisa Investment Advisors LLC increased its holdings 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 valued at $61,000 after acquiring an additional 1,100 shares in the last quarter. Institutional investors and hedge funds own 58.45% of the company’s stock.

THFF has been the subject of several recent research reports. ValuEngine downgraded First Financial from a “hold” rating to a “sell” rating in a report on Wednesday, March 20th. BidaskClub upgraded First Financial from a “sell” rating to a “hold” rating in a report on Friday, February 15th. Finally, Zacks Investment Research downgraded First Financial from a “hold” rating to a “sell” rating in a report on Tuesday, April 23rd.

NASDAQ THFF opened at $39.40 on Friday. The company has a market cap of $481.65 million, a PE ratio of 10.37 and a beta of 0.89. First Financial Corp has a 52 week low of $37.41 and a 52 week high of $53.05. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.05.

First Financial (NASDAQ:THFF) last released its quarterly earnings data on Tuesday, April 23rd. The bank reported $0.79 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.82 by ($0.03). The firm had revenue of $37.06 million for the quarter, compared to the consensus estimate of $36.90 million. First Financial had a net margin of 28.30% and a return on equity of 10.80%. On average, equities analysts anticipate that First Financial Corp will post 3.57 earnings per share for the current fiscal year.

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First Financial 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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