Stadium Capital Management Lowers stake in First Financial Corp (THFF)

First Financial Corp (THFF) : Stadium Capital Management reduced its stake in First Financial Corp by 31.5% during the most recent quarter end. The investment management company now holds a total of 149,164 shares of First Financial Corp which is valued at $6,057,550 after selling 68,586 shares in First Financial Corp , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.First Financial Corp makes up approximately 1.75% of Stadium Capital Management’s portfolio.

Other Hedge Funds, Including , Loomis Sayles Co L P boosted its stake in THFF in the latest quarter, The investment management firm added 50 additional shares and now holds a total of 89 shares of First Financial Corp which is valued at $3,614. New York State Teachers Retirement System sold out all of its stake in THFF during the most recent quarter. The investment firm sold 1,000 shares of THFF which is valued $37,990.

First Financial Corp closed down -0.14 points or -0.34% at $40.74 with 18,802 shares getting traded on Thursday. Post opening the session at $41.05, the shares hit an intraday low of $40.24 and an intraday high of $41.05 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

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 is the holding company of First Financial Bank N.A. (the Bank). The Company also operates through its other wholly owned subsidiaries The Morris Plan Company of Terre Haute (Morris Plan); Forrest Sherer Inc. (Forrest Sherer) a full-line insurance agency and FFB Risk Management Co. Inc. a captive insurance subsidiary. As of December 31 2014 its loan portfolio comprised $1044522 thousand of commercial loans $469172 thousand of residential loans and $266656 thousand of consumer loans. The Bank’s investments consist of the United States Government sponsored entity mortgage-backed securities and agencies collateralized mortgage obligations states and political subdivisions and corporate obligations.

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