First Financial Co. (NASDAQ:THFF) Shares Sold by Hotchkis & Wiley Capital Management LLC

Hotchkis & Wiley Capital Management LLC decreased its holdings in shares of First Financial Co. (NASDAQ:THFF - Free Report) by 23.2% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 194,087 shares of the bank's stock after selling 58,500 shares during the quarter. Hotchkis & Wiley Capital Management LLC owned 1.64% of First Financial worth $8,511,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of THFF. Country Trust Bank purchased a new stake in First Financial in the second quarter worth $111,000. FMR LLC increased its stake in First Financial by 420.3% in the 3rd quarter. FMR LLC now owns 3,918 shares of the bank's stock worth $172,000 after buying an additional 3,165 shares during the period. Comerica Bank lifted its holdings in First Financial by 6,849.2% during the 1st quarter. Comerica Bank now owns 4,517 shares of the bank's stock valued at $173,000 after buying an additional 4,452 shares in the last quarter. DekaBank Deutsche Girozentrale purchased a new stake in First Financial in the 1st quarter valued at about $175,000. Finally, CWM LLC grew its stake in First Financial by 102.3% in the 2nd quarter. CWM LLC now owns 5,098 shares of the bank's stock worth $188,000 after acquiring an additional 2,578 shares in the last quarter. 72.74% of the stock is currently owned by hedge funds and other institutional investors.

First Financial Trading Down 0.3 %

Shares of First Financial stock traded down $0.17 on Thursday, hitting $49.67. 49,089 shares of the company traded hands, compared to its average volume of 46,138. First Financial Co. has a 52 week low of $34.58 and a 52 week high of $51.87. The company has a market cap of $586.60 million, a PE ratio of 13.46 and a beta of 0.50. The stock's 50 day moving average price is $45.70 and its 200-day moving average price is $42.30. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.05.

First Financial (NASDAQ:THFF - Get Free Report) last announced its quarterly 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). First Financial had a net margin of 14.86% and a return on equity of 8.10%. The firm had revenue of $82.92 million for the quarter, compared to analysts' expectations of $57.95 million. Equities research analysts predict that First Financial Co. will post 3.92 EPS for the current year.

First Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Tuesday, October 1st were paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 3.62%. The ex-dividend date was Tuesday, October 1st. First Financial's dividend payout ratio (DPR) is currently 48.78%.

About First Financial

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.