Donaldson Capital Management LLC Lowers Holdings in First Financial Co. (NASDAQ:THFF)

Donaldson Capital Management LLC reduced its holdings in shares of First Financial Co. (NASDAQ:THFF) by 19.6% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 13,180 shares of the bank’s stock after selling 3,220 shares during the period. Donaldson Capital Management LLC’s holdings in First Financial were worth $505,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Signaturefd LLC raised its holdings in First Financial by 10.3% in the fourth quarter. Signaturefd LLC now owns 2,731 shares of the bank’s stock valued at $118,000 after acquiring an additional 256 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in shares of First Financial by 3.0% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 9,111 shares of the bank’s stock worth $392,000 after purchasing an additional 264 shares during the last quarter. Federated Hermes Inc. grew its stake in shares of First Financial by 2.6% during the third quarter. Federated Hermes Inc. now owns 12,604 shares of the bank’s stock worth $426,000 after purchasing an additional 325 shares in the last quarter. Ziegler Capital Management LLC raised its stake in First Financial by 3.4% in the third quarter. Ziegler Capital Management LLC now owns 17,811 shares of the bank’s stock valued at $602,000 after buying an additional 593 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its holdings in First Financial by 9.2% during the 1st 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. 72.74% of the stock is currently owned by institutional investors and hedge funds.

First Financial Stock Down 0.2 %

Shares of NASDAQ THFF traded down $0.08 during midday trading on Friday, hitting $36.86. 17,041 shares of the company’s stock were exchanged, compared to its average volume of 37,886. The firm’s fifty day simple moving average is $37.01 and its 200-day simple moving average is $38.06. The company has a market cap of $435.32 million, a PE ratio of 7.24 and a beta of 0.51. First Financial Co. has a twelve month low of $31.00 and a twelve month high of $44.91. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.78 and a quick ratio of 0.78.

First Financial (NASDAQ:THFF) last released its quarterly earnings data on Tuesday, January 30th. The bank reported $1.06 earnings per share for the quarter, missing analysts’ consensus estimates of $1.13 by ($0.07). First Financial had a return on equity of 12.13% and a net margin of 22.38%. The company had revenue of $50.84 million for the quarter, compared to analyst estimates of $51.10 million. Research analysts predict that First Financial Co. will post 4.1 EPS for the current fiscal year.

First Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Monday, April 1st were paid a dividend of $0.45 per share. The ex-dividend date was Thursday, March 28th. This represents a $1.80 dividend on an annualized basis and a yield of 4.88%. First Financial’s dividend payout ratio is presently 35.36%.

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.