Quest Partners LLC Has $260,000 Stock Holdings in First Financial Co. (NASDAQ:THFF)

Quest Partners LLC boosted its position in First Financial Co. (NASDAQ:THFF) by 6.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 7,043 shares of the bank’s stock after buying an additional 400 shares during the quarter. Quest Partners LLC owned approximately 0.06% of First Financial worth $260,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Rhumbline Advisers raised its position in First Financial by 1.8% in the 2nd quarter. Rhumbline Advisers now owns 18,726 shares of the bank’s stock valued at $691,000 after buying an additional 323 shares during the last quarter. Allspring Global Investments Holdings LLC raised its position in First Financial by 9.2% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 7,313 shares of the bank’s stock valued at $280,000 after buying an additional 617 shares during the last quarter. Wedge Capital Management L L P NC raised its position in First Financial by 4.2% in the 2nd quarter. Wedge Capital Management L L P NC now owns 16,854 shares of the bank’s stock valued at $622,000 after buying an additional 680 shares during the last quarter. Quadrant Capital Group LLC raised its position in First Financial by 15.1% in the 4th quarter. Quadrant Capital Group LLC now owns 7,501 shares of the bank’s stock valued at $323,000 after buying an additional 983 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD grew its stake in First Financial by 7.3% in the first quarter. Price T Rowe Associates Inc. MD now owns 19,857 shares of the bank’s stock valued at $762,000 after purchasing an additional 1,359 shares in the last quarter. Institutional investors and hedge funds own 72.74% of the company’s stock.

First Financial Stock Up 2.6 %

THFF stock opened at $43.71 on Friday. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.20. The business has a 50 day moving average price of $42.70 and a two-hundred day moving average price of $38.90. The company has a market cap of $516.22 million, a price-to-earnings ratio of 9.32 and a beta of 0.47. First Financial Co. has a twelve month low of $31.74 and a twelve month high of $47.00.

First Financial (NASDAQ:THFF) last posted its quarterly earnings results on Tuesday, July 23rd. The bank reported $0.96 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.96. First Financial had a return on equity of 9.95% and a net margin of 18.22%. The firm had revenue of $70.68 million during the quarter, compared to the consensus estimate of $51.95 million. Analysts anticipate that First Financial Co. will post 4.39 EPS for the current fiscal year.

First Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, July 15th. Stockholders of record on Monday, July 1st were paid a dividend of $0.45 per share. The ex-dividend date of this dividend was Monday, July 1st. This represents a $1.80 annualized dividend and a dividend yield of 4.12%. First Financial’s dividend payout ratio is currently 38.38%.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods raised their price target on First Financial from $43.00 to $45.00 and gave the company a “market perform” rating in a research note on Thursday, July 25th.

First Financial Profile

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.