First Financial (NASDAQ:THFF) Earns “Market Perform” Rating from Keefe, Bruyette & Woods

First Financial (NASDAQ:THFF)‘s stock had its “market perform” rating restated by research analysts at Keefe, Bruyette & Woods in a research note issued to investors on Thursday,Benzinga reports. They presently have a $55.00 price target on the bank’s stock, up from their previous price target of $52.00. Keefe, Bruyette & Woods’ target price points to a potential upside of 5.73% from the company’s current price.

Separately, Raymond James upgraded shares of First Financial from a “market perform” rating to an “outperform” rating and set a $54.00 price target on the stock in a report on Thursday, December 19th.

First Financial Price Performance

THFF stock opened at $52.02 on Thursday. The stock has a market capitalization of $614.36 million, a price-to-earnings ratio of 14.10 and a beta of 0.50. The firm’s 50-day moving average price is $47.56 and its two-hundred day moving average price is $45.42. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.05. First Financial has a 12-month low of $34.58 and a 12-month high of $52.98.

First Financial (NASDAQ:THFF) last released its quarterly earnings results on Tuesday, February 4th. The bank reported $1.37 EPS for the quarter, beating analysts’ consensus estimates of $1.29 by $0.08. First Financial had a return on equity of 8.10% and a net margin of 14.86%. As a group, equities analysts predict that First Financial will post 3.92 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Versant Capital Management Inc purchased a new stake in First Financial in the fourth quarter worth $25,000. R Squared Ltd bought a new stake in shares of First Financial during the 4th quarter valued at $73,000. FMR LLC grew its position in shares of First Financial by 420.3% in the 3rd quarter. FMR LLC now owns 3,918 shares of the bank’s stock worth $172,000 after buying an additional 3,165 shares during the period. Ieq Capital LLC bought a new position in shares of First Financial in the 4th quarter worth about $205,000. Finally, Janus Henderson Group PLC purchased a new position in First Financial during the 3rd quarter valued at about $230,000. Institutional investors own 72.74% of the company’s stock.

First Financial Company 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.