Captrust Financial Advisors Sells 15,932 Shares of First Financial Co. (NASDAQ:THFF)

Captrust Financial Advisors cut its stake in First Financial Co. (NASDAQ:THFF - Free Report) by 46.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 18,269 shares of the bank's stock after selling 15,932 shares during the quarter. Captrust Financial Advisors owned approximately 0.15% of First Financial worth $801,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Rhumbline Advisers boosted its holdings in First Financial by 1.8% in the second 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. Quest Partners LLC increased its holdings 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 acquiring an additional 400 shares during the last quarter. Foundry Partners LLC raised its stake in shares of First Financial by 1.0% in the 3rd quarter. Foundry Partners LLC now owns 57,630 shares of the bank's stock valued at $2,527,000 after acquiring an additional 555 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in First Financial by 0.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 97,608 shares of the bank's stock worth $4,280,000 after purchasing an additional 569 shares during the last quarter. Finally, Wedge Capital Management L L P NC boosted its position in First Financial by 4.2% during the second quarter. Wedge Capital Management L L P NC now owns 16,854 shares of the bank's stock worth $622,000 after purchasing an additional 680 shares during the period. 72.74% of the stock is currently owned by hedge funds and other institutional investors.

First Financial Stock Performance

Shares of First Financial stock traded up $0.95 on Tuesday, reaching $50.26. The stock had a trading volume of 57,168 shares, compared to its average volume of 46,102. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.79 and a current ratio of 0.79. The business's 50-day moving average price is $45.93 and its two-hundred day moving average price is $42.52. The stock has a market cap of $593.57 million, a P/E ratio of 13.62 and a beta of 0.50. First Financial Co. has a fifty-two week low of $34.58 and a fifty-two week high of $51.87.

First Financial (NASDAQ:THFF - Get Free Report) last released its earnings results on Tuesday, October 22nd. The bank reported $0.74 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 analyst estimates of $57.95 million. On average, sell-side analysts forecast that First Financial Co. will post 3.92 EPS for the current year.

First Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 1st were given a $0.45 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.80 annualized dividend and a yield of 3.58%. 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.