First Financial (THFF) Cut to “Hold” at BidaskClub
BidaskClub downgraded shares of First Financial (NASDAQ:THFF) from a buy rating to a hold rating in a research note issued to investors on Saturday morning.
Separately, ValuEngine raised shares of First Financial from a sell rating to a hold rating in a research report on Saturday, July 14th.
NASDAQ THFF traded down $0.39 during trading on Friday, reaching $44.31. The company’s stock had a trading volume of 20,614 shares, compared to its average volume of 21,185. The stock has a market capitalization of $543.02 million, a PE ratio of 12.24 and a beta of 0.93. First Financial has a 1-year low of $40.75 and a 1-year high of $53.05.
Large investors have recently added to or reduced their stakes in the company. Kessler Investment Group LLC bought a new position in shares of First Financial in the second quarter valued at approximately $102,000. Metropolitan Life Insurance Co. NY raised its position in shares of First Financial by 52.8% in the second quarter. Metropolitan Life Insurance Co. NY now owns 5,081 shares of the bank’s stock valued at $230,000 after purchasing an additional 1,755 shares during the period. Legal & General Group Plc raised its position in shares of First Financial by 149.8% in the first quarter. Legal & General Group Plc now owns 6,804 shares of the bank’s stock valued at $283,000 after purchasing an additional 4,080 shares during the period. Citadel Advisors LLC raised its position in shares of First Financial by 150.7% in the second quarter. Citadel Advisors LLC now owns 13,643 shares of the bank’s stock valued at $619,000 after purchasing an additional 8,201 shares during the period. Finally, Cornerstone Wealth Management LLC bought a new position in shares of First Financial in the second quarter valued at approximately $320,000. 54.37% of the stock is currently owned by institutional investors.
First Financial Company Profile
First Financial Corporation, through its subsidiaries, provides various financial services. The company offers commercial, mortgage, and consumer lending; lease financing; trust account; depositor; and insurance services. Its deposit products include interest-bearing and non-interest-bearing demand deposits, savings deposits, time deposits, and other time deposits; and loan products comprise commercial real estate loans, commercial loans, consumer loans, and residential real estate and construction loans.
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