Foundry Partners LLC lowered its position in First Financial Corporation Indiana (NASDAQ:THFF) by 1.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 135,960 shares of the bank’s stock after selling 2,075 shares during the period. Foundry Partners LLC’s holdings in First Financial Corporation Indiana were worth $6,431,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. Schwab Charles Investment Management Inc. increased its stake in shares of First Financial Corporation Indiana by 6.4% in the second quarter. Schwab Charles Investment Management Inc. now owns 102,343 shares of the bank’s stock worth $4,841,000 after buying an additional 6,140 shares during the period. Cigna Investments Inc. New increased its stake in shares of First Financial Corporation Indiana by 129.0% in the second quarter. Cigna Investments Inc. New now owns 12,048 shares of the bank’s stock worth $576,000 after buying an additional 6,786 shares during the period. Bessemer Group Inc. increased its stake in shares of First Financial Corporation Indiana by 15.4% in the second quarter. Bessemer Group Inc. now owns 20,200 shares of the bank’s stock worth $955,000 after buying an additional 2,700 shares during the period. Bowling Portfolio Management LLC purchased a new stake in shares of First Financial Corporation Indiana during the second quarter worth about $1,106,000. Finally, Strs Ohio increased its stake in shares of First Financial Corporation Indiana by 2.0% in the second quarter. Strs Ohio now owns 15,100 shares of the bank’s stock worth $714,000 after buying an additional 300 shares during the period. 53.91% of the stock is currently owned by hedge funds and other institutional investors.

Shares of First Financial Corporation Indiana (NASDAQ THFF) opened at 43.70 on Friday. First Financial Corporation Indiana has a one year low of $39.20 and a one year high of $53.49. The stock has a market capitalization of $534.15 million, a P/E ratio of 15.58 and a beta of 0.84. The company’s 50-day moving average is $46.77 and its 200-day moving average is $47.19.

First Financial Corporation Indiana (NASDAQ:THFF) last announced its quarterly earnings data on Tuesday, July 25th. The bank reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.69 by $0.01. The firm had revenue of $34.67 million during the quarter, compared to analyst estimates of $35.15 million. First Financial Corporation Indiana had a net margin of 23.36% and a return on equity of 8.06%. On average, equities research analysts anticipate that First Financial Corporation Indiana will post $2.70 earnings per share for the current year.

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A number of brokerages recently issued reports on THFF. Zacks Investment Research downgraded shares of First Financial Corporation Indiana from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. BidaskClub downgraded shares of First Financial Corporation Indiana from a “sell” rating to a “strong sell” rating in a report on Friday, July 28th. Finally, ValuEngine raised shares of First Financial Corporation Indiana from a “hold” rating to a “buy” rating in a report on Friday, June 2nd.

About First Financial Corporation Indiana

First Financial Corporation is a financial holding company. The Company, through its subsidiaries, offers financial services, including commercial, mortgage and consumer lending, lease financing, trust account services, depositor services and insurance services. The Company’s subsidiaries include First Financial Bank, N.A.

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Institutional Ownership by Quarter for First Financial Corporation Indiana (NASDAQ:THFF)

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