GAMMA Investing LLC Buys 11,710 Shares of First Financial Corporation Indiana (NASDAQ:THFF)

GAMMA Investing LLC grew its holdings in First Financial Corporation Indiana (NASDAQ:THFF) by 26,022.2% during the 1st quarter, Holdings Channel.com reports. The fund owned 11,755 shares of the bank’s stock after acquiring an additional 11,710 shares during the period. GAMMA Investing LLC’s holdings in First Financial Corporation Indiana were worth $576,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Geode Capital Management LLC lifted its position in shares of First Financial Corporation Indiana by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 275,748 shares of the bank’s stock worth $12,740,000 after buying an additional 2,204 shares in the last quarter. American Century Companies Inc. lifted its stake in shares of First Financial Corporation Indiana by 9.2% during the 4th quarter. American Century Companies Inc. now owns 235,412 shares of the bank’s stock worth $10,874,000 after acquiring an additional 19,867 shares during the last quarter. Northern Trust Corp raised its position in First Financial Corporation Indiana by 1.0% during the 4th quarter. Northern Trust Corp now owns 135,224 shares of the bank’s stock valued at $6,246,000 after purchasing an additional 1,386 shares in the last quarter. Renaissance Technologies LLC raised its position in First Financial Corporation Indiana by 1.7% during the 4th quarter. Renaissance Technologies LLC now owns 91,873 shares of the bank’s stock valued at $4,244,000 after purchasing an additional 1,500 shares in the last quarter. Finally, Bridgeway Capital Management LLC increased its holdings in shares of First Financial Corporation Indiana by 2.7% in the 4th quarter. Bridgeway Capital Management LLC now owns 87,504 shares of the bank’s stock valued at $4,042,000 after acquiring an additional 2,288 shares during the period. 72.74% of the stock is currently owned by hedge funds and other institutional investors.

First Financial Corporation Indiana Price Performance

NASDAQ:THFF opened at $50.81 on Thursday. First Financial Corporation Indiana has a 12 month low of $34.61 and a 12 month high of $53.60. The stock has a 50 day moving average of $49.84 and a two-hundred day moving average of $48.97. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.22. The firm has a market cap of $602.10 million, a P/E ratio of 11.00 and a beta of 0.42.

First Financial Corporation Indiana (NASDAQ:THFF) last posted its quarterly earnings data on Tuesday, April 22nd. The bank reported $1.55 EPS for the quarter, topping the consensus estimate of $1.29 by $0.26. First Financial Corporation Indiana had a return on equity of 9.88% and a net margin of 16.99%. The company had revenue of $62.49 million during the quarter, compared to analyst estimates of $62.04 million. On average, analysts expect that First Financial Corporation Indiana will post 5.41 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

THFF has been the topic of a number of analyst reports. Janney Montgomery Scott upgraded First Financial Corporation Indiana from a “neutral” rating to a “buy” rating and set a $58.00 price target on the stock in a report on Monday, February 24th. Wall Street Zen raised First Financial Corporation Indiana from a “hold” rating to a “buy” rating in a report on Wednesday, May 14th.

About First Financial Corporation Indiana

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.