First Financial Co. (NASDAQ:THFF) Shares Bought by Quest Partners LLC

Quest Partners LLC lifted its position in shares of First Financial Co. (NASDAQ:THFF) by 23.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,704 shares of the bank’s stock after purchasing an additional 1,661 shares during the period. Quest Partners LLC owned about 0.07% of First Financial worth $382,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Country Trust Bank acquired a new position in First Financial in the 2nd quarter worth $111,000. Comerica Bank lifted its stake in shares of 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. DekaBank Deutsche Girozentrale purchased a new position in First Financial in the first quarter valued at about $175,000. CWM LLC grew its stake in First Financial by 102.3% during the 2nd quarter. CWM LLC now owns 5,098 shares of the bank’s stock valued at $188,000 after purchasing an additional 2,578 shares in the last quarter. Finally, Algert Global LLC increased its holdings in First Financial by 9.2% during the 2nd quarter. Algert Global LLC now owns 14,106 shares of the bank’s stock worth $520,000 after purchasing an additional 1,188 shares during the last quarter. 72.74% of the stock is currently owned by hedge funds and other institutional investors.

First Financial Stock Performance

Shares of THFF opened at $49.83 on Monday. First Financial Co. has a 52-week low of $34.58 and a 52-week high of $50.63. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.05. The firm has a market cap of $588.49 million, a price-to-earnings ratio of 13.50 and a beta of 0.47. The business’s 50 day moving average is $44.81 and its two-hundred day moving average is $41.67.

First Financial (NASDAQ:THFF) last posted its quarterly earnings data on Tuesday, October 22nd. The bank reported $0.74 EPS for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.17). The company 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%. Analysts forecast that First Financial Co. will post 3.92 EPS for the current fiscal year.

First Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Tuesday, October 1st were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 3.61%. The ex-dividend date of this dividend was Tuesday, October 1st. First Financial’s dividend payout ratio is currently 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.