First Financial Northwest (NASDAQ:FFNW)‘s stock had its “hold” rating reaffirmed by Keefe, Bruyette & Woods in a report released on Friday, December 22nd. They currently have a $19.00 price target on the bank’s stock. Keefe, Bruyette & Woods’ target price would suggest a potential upside of 12.36% from the company’s previous close.
Several other equities research analysts have also issued reports on the stock. ValuEngine lowered shares of First Financial Northwest from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Zacks Investment Research raised shares of First Financial Northwest from a “sell” rating to a “hold” rating in a research note on Monday, October 2nd.
Shares of First Financial Northwest (NASDAQ FFNW) opened at $16.91 on Friday. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 1.36. The stock has a market cap of $181.99, a PE ratio of 19.44, a P/E/G ratio of 1.63 and a beta of 0.32. First Financial Northwest has a 1-year low of $14.83 and a 1-year high of $21.29.
Several hedge funds have recently bought and sold shares of the business. The Manufacturers Life Insurance Company increased its stake in shares of First Financial Northwest by 40.9% in the second quarter. The Manufacturers Life Insurance Company now owns 8,988 shares of the bank’s stock worth $146,000 after buying an additional 2,611 shares during the period. SG Americas Securities LLC purchased a new position in shares of First Financial Northwest in the third quarter worth $181,000. Alpine Woods Capital Investors LLC purchased a new position in shares of First Financial Northwest in the third quarter worth $204,000. Teachers Advisors LLC boosted its holdings in First Financial Northwest by 8.9% in the second quarter. Teachers Advisors LLC now owns 15,244 shares of the bank’s stock valued at $246,000 after acquiring an additional 1,240 shares in the last quarter. Finally, Brighton Jones LLC bought a new stake in First Financial Northwest in the second quarter valued at $270,000. 42.49% of the stock is currently owned by hedge funds and other institutional investors.
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First Financial Northwest Company Profile
First Financial Northwest, Inc (First Financial Northwest) is a holding company for First Financial Northwest Bank (the Bank). The Bank primarily serves the greater Puget Sound region of King and to a lesser extent, Pierce, Snohomish and Kitsap Counties, Washington through its full-service banking office located in Renton, Washington and branch office in Mill Creek, Washington.
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