Mark Jason Sr Blade, Sr. Purchases 531 Shares of First Financial Co. (NASDAQ:THFF) Stock

First Financial Co. (NASDAQ:THFF) Director Mark Jason Sr Blade, Sr. purchased 531 shares of the firm’s stock in a transaction on Monday, May 6th. The stock was bought at an average cost of $38.06 per share, with a total value of $20,209.86. Following the completion of the purchase, the director now owns 1,608 shares of the company’s stock, valued at approximately $61,200.48. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

First Financial Trading Down 1.2 %

Shares of THFF stock opened at $37.64 on Wednesday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.78 and a current ratio of 0.78. The company has a market capitalization of $444.53 million, a price-to-earnings ratio of 8.03 and a beta of 0.52. First Financial Co. has a 52-week low of $31.55 and a 52-week high of $44.91. The company has a 50-day simple moving average of $36.96 and a two-hundred day simple moving average of $38.33.

First Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Monday, April 1st were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 4.78%. The ex-dividend date of this dividend was Thursday, March 28th. First Financial’s dividend payout ratio is presently 38.38%.

Wall Street Analysts Forecast Growth

Separately, Keefe, Bruyette & Woods restated a “market perform” rating and set a $43.00 price objective (down from $45.00) on shares of First Financial in a research note on Wednesday, May 1st.

Institutional Trading of First Financial

Institutional investors and hedge funds have recently modified their holdings of the business. Signaturefd LLC boosted its position in First Financial by 10.3% in the fourth quarter. Signaturefd LLC now owns 2,731 shares of the bank’s stock worth $118,000 after purchasing an additional 256 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its position in First Financial by 3.0% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 9,111 shares of the bank’s stock valued at $392,000 after buying an additional 264 shares during the period. Federated Hermes Inc. grew its position in First Financial by 2.6% during the third quarter. Federated Hermes Inc. now owns 12,604 shares of the bank’s stock valued at $426,000 after buying an additional 325 shares during the period. Allspring Global Investments Holdings LLC increased its holdings in First Financial by 9.2% during the first quarter. Allspring Global Investments Holdings LLC now owns 7,313 shares of the bank’s stock worth $280,000 after buying an additional 617 shares during the last quarter. Finally, Deutsche Bank AG raised its position in First Financial by 4.6% in the third quarter. Deutsche Bank AG now owns 16,293 shares of the bank’s stock worth $551,000 after acquiring an additional 717 shares during the period. 72.74% of the stock is owned by hedge funds and other institutional investors.

About First Financial

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.