Connor Clark & Lunn Investment Management Ltd. Purchases Shares of 6,359 First Financial Co. (NASDAQ:THFF)

Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of First Financial Co. (NASDAQ:THFF) during the third quarter, Holdings Channel reports. The institutional investor acquired 6,359 shares of the bank’s stock, valued at approximately $279,000.

A number of other large investors have also modified their holdings of THFF. AQR Capital Management LLC raised its stake in First Financial by 15.6% in the second quarter. AQR Capital Management LLC now owns 302,323 shares of the bank’s stock valued at $11,150,000 after buying an additional 40,726 shares in the last quarter. Millennium Management LLC raised its position in shares of First Financial by 81.2% during the 2nd quarter. Millennium Management LLC now owns 73,144 shares of the bank’s stock worth $2,698,000 after acquiring an additional 32,783 shares in the last quarter. American Century Companies Inc. lifted its stake in First Financial by 19.5% during the second quarter. American Century Companies Inc. now owns 190,126 shares of the bank’s stock worth $7,012,000 after purchasing an additional 30,986 shares during the last quarter. CM Management LLC lifted its stake in First Financial by 185.7% during the second quarter. CM Management LLC now owns 40,000 shares of the bank’s stock worth $1,475,000 after purchasing an additional 26,000 shares during the last quarter. Finally, Boston Partners acquired a new position in First Financial in the first quarter valued at approximately $665,000. Hedge funds and other institutional investors own 72.74% of the company’s stock.

First Financial Trading Down 0.5 %

NASDAQ THFF opened at $48.84 on Monday. The firm’s fifty day moving average price is $45.24 and its 200 day moving average price is $42.05. First Financial Co. has a 12 month low of $34.58 and a 12 month high of $51.87. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.79 and a quick ratio of 0.79. The company has a market capitalization of $576.80 million, a price-to-earnings ratio of 13.24 and a beta of 0.47.

First Financial (NASDAQ:THFF) last released its quarterly earnings results on Tuesday, October 22nd. The bank reported $0.74 EPS for the quarter, missing the consensus estimate of $0.91 by ($0.17). First Financial had a net margin of 14.86% and a return on equity of 8.10%. The business had revenue of $82.92 million during the quarter, compared to analysts’ expectations of $57.95 million. On average, sell-side analysts expect that First Financial Co. will post 3.92 earnings per share for the current fiscal year.

First Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders 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 3.69%. The ex-dividend date of this dividend was Tuesday, October 1st. First Financial’s dividend payout ratio (DPR) is 48.78%.

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.