First Financial (THFF) Upgraded to “Hold” at ValuEngine

ValuEngine upgraded shares of First Financial (NASDAQ:THFF) from a sell rating to a hold rating in a research note issued to investors on Monday, February 4th.

THFF has been the subject of a number of other reports. Zacks Investment Research upgraded shares of First Financial from a hold rating to a buy rating and set a $50.00 price objective for the company in a research note on Tuesday, October 30th. BidaskClub downgraded shares of First Financial from a strong-buy rating to a buy rating in a research note on Friday, October 19th.

NASDAQ THFF traded up $0.02 on Monday, reaching $44.40. The company had a trading volume of 15,521 shares, compared to its average volume of 30,640. The firm has a market cap of $544.34 million, a PE ratio of 11.68 and a beta of 0.93. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.08. First Financial has a 1-year low of $37.41 and a 1-year high of $53.05.

First Financial (NASDAQ:THFF) last announced its earnings results on Friday, February 1st. The bank reported $0.90 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.91 by ($0.01). First Financial had a return on equity of 11.07% and a net margin of 28.33%. The company had revenue of $37.83 million during the quarter, compared to analyst estimates of $37.41 million.

Large investors have recently modified their holdings of the stock. Great West Life Assurance Co. Can lifted its stake in First Financial by 1,505.0% in the 4th quarter. Great West Life Assurance Co. Can now owns 1,284 shares of the bank’s stock valued at $50,000 after purchasing an additional 1,204 shares during the last quarter. Nisa Investment Advisors LLC lifted its stake in First Financial by 268.3% in the 4th quarter. Nisa Investment Advisors LLC now owns 1,510 shares of the bank’s stock valued at $61,000 after purchasing an additional 1,100 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new stake in First Financial in the 4th quarter valued at about $110,000. Metropolitan Life Insurance Co. NY lifted its stake in First Financial by 399.9% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 3,844 shares of the bank’s stock valued at $154,000 after purchasing an additional 3,075 shares during the last quarter. Finally, FineMark National Bank & Trust acquired a new stake in First Financial in the 3rd quarter valued at about $201,000. Institutional investors and hedge funds own 55.94% of the company’s stock.

First Financial Company Profile

First Financial Corporation, through its subsidiaries, provides various financial services. The company offers commercial, mortgage, and consumer lending; lease financing; trust account; depositor; and insurance services. Its deposit products include interest-bearing and non-interest-bearing demand deposits, savings deposits, time deposits, and other time deposits; and loan products comprise commercial real estate loans, commercial loans, consumer loans, and residential real estate and construction loans.

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