Dean Investment Associates LLC Takes Position in First Financial Co. (NASDAQ:THFF)

Dean Investment Associates LLC bought a new stake in shares of First Financial Co. (NASDAQ:THFF) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 65,134 shares of the bank’s stock, valued at approximately $2,856,000. Dean Investment Associates LLC owned about 0.55% of First Financial as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently modified their holdings of the stock. Rhumbline Advisers increased its position in shares of First Financial by 1.8% during the 2nd quarter. Rhumbline Advisers now owns 18,726 shares of the bank’s stock valued at $691,000 after purchasing an additional 323 shares during the last quarter. Quest Partners LLC increased its position in shares of First Financial by 6.0% during the 2nd quarter. Quest Partners LLC now owns 7,043 shares of the bank’s stock valued at $260,000 after purchasing an additional 400 shares during the last quarter. Foundry Partners LLC increased its position in shares of First Financial by 1.0% during the 3rd quarter. Foundry Partners LLC now owns 57,630 shares of the bank’s stock valued at $2,527,000 after purchasing an additional 555 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of First Financial by 0.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 97,608 shares of the bank’s stock valued at $4,280,000 after purchasing an additional 569 shares during the last quarter. Finally, Wedge Capital Management L L P NC increased its position in shares of First Financial by 4.2% during the 2nd quarter. Wedge Capital Management L L P NC now owns 16,854 shares of the bank’s stock valued at $622,000 after purchasing an additional 680 shares during the last quarter. Institutional investors own 72.74% of the company’s stock.

First Financial Stock Performance

Shares of First Financial stock opened at $49.40 on Monday. The stock’s fifty day moving average is $45.82 and its two-hundred day moving average is $42.43. The company has a market capitalization of $583.41 million, a PE ratio of 13.39 and a beta of 0.50. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.05. First Financial Co. has a 52 week low of $34.58 and a 52 week high of $51.87.

First Financial (NASDAQ:THFF) last announced its quarterly earnings data 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 during 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%. As a group, analysts expect that First Financial Co. will post 3.92 earnings per share for the current year.

First Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 1st were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 3.64%. The ex-dividend date was Tuesday, October 1st. First Financial’s dividend payout ratio 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.