First Financial Co. (NASDAQ:THFF) Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its holdings in shares of First Financial Co. (NASDAQ:THFF) by 14.0% in the third quarter, Holdings Channel.com reports. The institutional investor owned 22,730 shares of the bank’s stock after selling 3,693 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in First Financial were worth $997,000 at the end of the most recent reporting period.

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

First Financial Stock Performance

NASDAQ THFF opened at $46.00 on Thursday. First Financial Co. has a fifty-two week low of $34.58 and a fifty-two week high of $51.87. The firm has a market capitalization of $543.17 million, a P/E ratio of 12.47 and a beta of 0.50. The stock’s fifty day moving average is $47.00 and its two-hundred day moving average is $43.08. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.79 and a current ratio of 0.79.

First Financial (NASDAQ:THFF) last announced its quarterly earnings results on Tuesday, October 22nd. The bank reported $0.74 earnings per share 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 analyst estimates of $57.95 million. On average, research analysts anticipate that First Financial Co. will post 3.92 earnings per share for the current year.

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.