Dean Investment Associates LLC Takes $2.86 Million Position in First Financial Co. (NASDAQ:THFF)

Dean Investment Associates LLC acquired a new position in First Financial Co. (NASDAQ:THFF - Free Report) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 65,134 shares of the bank's stock, valued at approximately $2,856,000. Dean Investment Associates LLC owned 0.55% of First Financial at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. AQR Capital Management LLC lifted its position in shares of First Financial by 15.6% in the 2nd quarter. AQR Capital Management LLC now owns 302,323 shares of the bank's stock worth $11,150,000 after purchasing an additional 40,726 shares during the period. Millennium Management LLC lifted its holdings in First Financial by 81.2% during the second quarter. Millennium Management LLC now owns 73,144 shares of the bank's stock worth $2,698,000 after buying an additional 32,783 shares during the period. American Century Companies Inc. boosted its position in First Financial by 19.5% during the 2nd quarter. American Century Companies Inc. now owns 190,126 shares of the bank's stock valued at $7,012,000 after acquiring an additional 30,986 shares in the last quarter. CM Management LLC increased its holdings in shares of First Financial by 185.7% in the 2nd quarter. CM Management LLC now owns 40,000 shares of the bank's stock valued at $1,475,000 after acquiring an additional 26,000 shares during the period. Finally, Creative Planning raised its position in shares of First Financial by 57.1% in the 3rd quarter. Creative Planning now owns 47,665 shares of the bank's stock worth $2,090,000 after acquiring an additional 17,322 shares in the last quarter. 72.74% of the stock is currently owned by institutional investors.

First Financial Stock Down 0.2 %

THFF stock traded down $0.09 during trading on Monday, reaching $49.31. 42,847 shares of the company traded hands, compared to its average volume of 46,055. The company has a market capitalization of $582.35 million, a price-to-earnings ratio of 13.36 and a beta of 0.50. 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 has a 50 day simple moving average of $45.93 and a 200 day simple moving average of $42.52. First Financial Co. has a 12 month low of $34.58 and a 12 month high of $51.87.

First Financial (NASDAQ:THFF - Get Free Report) last issued its quarterly earnings data 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 return on equity of 8.10% and a net margin of 14.86%. The firm had revenue of $82.92 million during the quarter, compared to analysts' expectations of $57.95 million. On average, equities research analysts anticipate that First Financial Co. will post 3.92 earnings per share for the current fiscal year.

First Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 1st were issued a dividend of $0.45 per share. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.80 annualized dividend and a dividend yield of 3.65%. First Financial's dividend payout ratio (DPR) 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.