Janus Henderson Group PLC Buys New Position in First Financial Co. (NASDAQ:THFF)

Janus Henderson Group PLC bought a new stake in shares of First Financial Co. (NASDAQ:THFF) in the 3rd quarter, HoldingsChannel reports. The firm bought 5,229 shares of the bank’s stock, valued at approximately $230,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Comerica Bank grew its position in First Financial by 6,849.2% in the first quarter. Comerica Bank now owns 4,517 shares of the bank’s stock worth $173,000 after acquiring an additional 4,452 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in First Financial by 2.0% during the second quarter. Bank of New York Mellon Corp now owns 102,269 shares of the bank’s stock worth $3,772,000 after purchasing an additional 2,046 shares during the last quarter. Rhumbline Advisers boosted its holdings in shares of First Financial by 1.8% in the 2nd quarter. Rhumbline Advisers now owns 18,726 shares of the bank’s stock worth $691,000 after purchasing an additional 323 shares in the last quarter. CM Management LLC increased its position in shares of First Financial by 185.7% during the 2nd quarter. CM Management LLC now owns 40,000 shares of the bank’s stock valued at $1,475,000 after purchasing an additional 26,000 shares during the last quarter. Finally, Foundry Partners LLC raised its holdings in shares of First Financial by 7.8% during the 2nd quarter. Foundry Partners LLC now owns 57,075 shares of the bank’s stock valued at $2,105,000 after buying an additional 4,135 shares in the last quarter. Hedge funds and other institutional investors own 72.74% of the company’s stock.

First Financial Stock Down 0.4 %

Shares of THFF opened at $49.61 on Monday. The firm has a market cap of $585.79 million, a P/E ratio of 13.44 and a beta of 0.50. First Financial Co. has a 1 year low of $34.58 and a 1 year high of $51.87. The stock has a 50 day simple moving average of $46.61 and a two-hundred day simple moving average of $42.89. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.79 and a quick ratio of 0.79.

First Financial (NASDAQ:THFF) last released its 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). The business had revenue of $82.92 million for the quarter, compared to the consensus estimate of $57.95 million. First Financial had a net margin of 14.86% and a return on equity of 8.10%. On average, analysts forecast that First Financial Co. will post 3.92 earnings per share for the current fiscal year.

First Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 1st were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 3.63%. The ex-dividend date of this dividend was Tuesday, October 1st. First Financial’s dividend payout ratio (DPR) is presently 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.