First Financial Northwest (NASDAQ:FFNW) Upgraded to Hold at StockNews.com

StockNews.com upgraded shares of First Financial Northwest (NASDAQ:FFNWFree Report) from a sell rating to a hold rating in a research report report published on Wednesday.

First Financial Northwest Trading Up 0.6 %

FFNW stock opened at $21.61 on Wednesday. First Financial Northwest has a one year low of $20.10 and a one year high of $23.50. The stock has a market cap of $199.46 million, a price-to-earnings ratio of 196.47 and a beta of 0.53. The company has a fifty day moving average price of $21.69 and a two-hundred day moving average price of $22.10. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.04 and a quick ratio of 1.04.

First Financial Northwest (NASDAQ:FFNWGet Free Report) last announced its earnings results on Tuesday, January 28th. The bank reported $0.13 EPS for the quarter, topping the consensus estimate of $0.05 by $0.08. First Financial Northwest had a net margin of 1.31% and a return on equity of 0.66%. Equities analysts anticipate that First Financial Northwest will post 0.09 EPS for the current year.

Institutional Investors Weigh In On First Financial Northwest

A number of institutional investors have recently modified their holdings of the business. MetLife Investment Management LLC increased its stake in First Financial Northwest by 129.0% during the 3rd quarter. MetLife Investment Management LLC now owns 4,113 shares of the bank’s stock worth $93,000 after acquiring an additional 2,317 shares during the period. JPMorgan Chase & Co. increased its position in shares of First Financial Northwest by 167.3% in the third quarter. JPMorgan Chase & Co. now owns 8,009 shares of the bank’s stock worth $180,000 after purchasing an additional 5,013 shares during the period. Barclays PLC raised its stake in First Financial Northwest by 272.9% in the third quarter. Barclays PLC now owns 9,140 shares of the bank’s stock valued at $206,000 after purchasing an additional 6,689 shares in the last quarter. B.O.S.S. Retirement Advisors LLC bought a new stake in First Financial Northwest during the third quarter worth about $312,000. Finally, Empowered Funds LLC grew its stake in First Financial Northwest by 5.3% during the third quarter. Empowered Funds LLC now owns 21,348 shares of the bank’s stock worth $481,000 after buying an additional 1,072 shares in the last quarter. Institutional investors own 55.00% of the company’s stock.

First Financial Northwest Company Profile

(Get Free Report)

First Financial Northwest, Inc operates as the bank holding company for First Financial Northwest Bank that provides commercial banking services in Washington. The company offers a range of deposit products, including noninterest-bearing accounts, interest-bearing demand accounts, money market accounts, savings accounts, and certificates of deposit.

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