Los Angeles Capital Management LLC Has $391,000 Holdings in First Financial Co. (NASDAQ:THFF)

Los Angeles Capital Management LLC cut its position in First Financial Co. (NASDAQ:THFF) by 12.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,928 shares of the bank’s stock after selling 1,300 shares during the period. Los Angeles Capital Management LLC owned 0.08% of First Financial worth $391,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Creative Planning boosted its position in First Financial by 57.1% in the third quarter. Creative Planning now owns 47,665 shares of the bank’s stock valued at $2,090,000 after buying an additional 17,322 shares in the last quarter. CWM LLC boosted its position in First Financial by 29.4% in the third quarter. CWM LLC now owns 6,599 shares of the bank’s stock valued at $289,000 after buying an additional 1,501 shares in the last quarter. SG Americas Securities LLC boosted its position in First Financial by 23.0% in the third quarter. SG Americas Securities LLC now owns 12,409 shares of the bank’s stock valued at $544,000 after buying an additional 2,323 shares in the last quarter. Algert Global LLC boosted its position in First Financial by 9.2% in the second quarter. Algert Global LLC now owns 14,106 shares of the bank’s stock valued at $520,000 after buying an additional 1,188 shares in the last quarter. Finally, Pacific Ridge Capital Partners LLC boosted its position in First Financial by 13.6% in the second quarter. Pacific Ridge Capital Partners LLC now owns 32,217 shares of the bank’s stock valued at $1,188,000 after buying an additional 3,855 shares in the last quarter. 72.74% of the stock is currently owned by institutional investors and hedge funds.

First Financial Trading Down 1.2 %

Shares of NASDAQ THFF opened at $49.13 on Monday. First Financial Co. has a 1-year low of $34.58 and a 1-year high of $50.63. The company has a market cap of $580.23 million, a PE ratio of 13.31 and a beta of 0.47. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.05. The company has a 50-day moving average of $44.21 and a two-hundred day moving average of $41.25.

First Financial (NASDAQ:THFF) last announced its earnings results on Tuesday, October 22nd. The bank reported $0.74 earnings per share for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.17). First Financial had a return on equity of 8.10% and a net margin of 14.86%. The company had revenue of $82.92 million during the quarter, compared to the consensus estimate of $57.95 million. As a group, equities analysts expect that First Financial Co. will post 3.92 earnings per share for the current fiscal year.

First Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Tuesday, October 1st were paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 3.66%. The ex-dividend date was Tuesday, October 1st. First Financial’s dividend payout ratio (DPR) is 48.78%.

Analyst Upgrades and Downgrades

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

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.