Renaissance Technologies LLC Sells 17,300 Shares of First Financial Northwest, Inc. (FFNW)

Renaissance Technologies LLC lowered its stake in First Financial Northwest, Inc. (NASDAQ:FFNW) by 2.5% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 675,700 shares of the bank’s stock after selling 17,300 shares during the period. Renaissance Technologies LLC owned 6.29% of First Financial Northwest worth $10,480,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Kennedy Capital Management Inc. grew its stake in shares of First Financial Northwest by 216.1% in the 4th quarter. Kennedy Capital Management Inc. now owns 158,849 shares of the bank’s stock worth $2,464,000 after buying an additional 108,593 shares during the last quarter. BlackRock Inc. grew its stake in shares of First Financial Northwest by 2.1% in the 4th quarter. BlackRock Inc. now owns 474,103 shares of the bank’s stock worth $7,353,000 after buying an additional 9,929 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of First Financial Northwest by 12.5% in the 4th quarter. Bank of New York Mellon Corp now owns 84,025 shares of the bank’s stock worth $1,303,000 after buying an additional 9,348 shares during the last quarter. Wells Fargo & Company MN grew its stake in shares of First Financial Northwest by 35.9% in the 3rd quarter. Wells Fargo & Company MN now owns 16,885 shares of the bank’s stock worth $288,000 after buying an additional 4,463 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new stake in shares of First Financial Northwest in the 3rd quarter worth approximately $181,000. Institutional investors own 42.37% of the company’s stock.

How to Become a New Pot Stock Millionaire

FFNW has been the topic of several analyst reports. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $19.00 price objective on shares of First Financial Northwest in a research report on Friday, December 22nd. FIG Partners raised First Financial Northwest from a “market perform” rating to an “outperform” rating in a research report on Monday, February 12th. Finally, Zacks Investment Research raised First Financial Northwest from a “sell” rating to a “buy” rating and set a $18.00 price objective on the stock in a research report on Monday, January 8th.

FFNW stock opened at $16.00 on Friday. The company has a market capitalization of $173.16, a P/E ratio of 18.10, a price-to-earnings-growth ratio of 1.43 and a beta of 0.27. First Financial Northwest, Inc. has a 12-month low of $13.13 and a 12-month high of $17.91. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 1.51.

First Financial Northwest (NASDAQ:FFNW) last released its quarterly earnings data on Thursday, January 25th. The bank reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.08. The business had revenue of $10.60 million for the quarter, compared to analysts’ expectations of $10.60 million. First Financial Northwest had a return on equity of 6.53% and a net margin of 17.01%. analysts forecast that First Financial Northwest, Inc. will post 1.13 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 23rd. Investors of record on Friday, March 9th were given a $0.07 dividend. The ex-dividend date was Thursday, March 8th. This represents a $0.28 annualized dividend and a yield of 1.75%. First Financial Northwest’s dividend payout ratio (DPR) is presently 31.46%.

COPYRIGHT VIOLATION NOTICE: This article was first reported by Ticker Report and is owned by of Ticker Report. If you are reading this article on another site, it was illegally stolen and reposted in violation of U.S. and international copyright legislation. The original version of this article can be viewed at https://www.tickerreport.com/banking-finance/3334460/renaissance-technologies-llc-sells-17300-shares-of-first-financial-northwest-inc-ffnw.html.

About First Financial Northwest

First Financial Northwest, Inc operates as the 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 deposit accounts, statement savings accounts, and certificates of deposit.

Want to see what other hedge funds are holding FFNW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Financial Northwest, Inc. (NASDAQ:FFNW).

Institutional Ownership by Quarter for First Financial Northwest (NASDAQ:FFNW)

Receive News & Ratings for First Financial Northwest Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Financial Northwest and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Analyzing Nutrisystem  and The Competition
Analyzing Nutrisystem and The Competition
Aegion  vs. MYR Group  Head-To-Head Comparison
Aegion vs. MYR Group Head-To-Head Comparison
Iconix Brand Group  vs. Wolverine World Wide  Head-To-Head Analysis
Iconix Brand Group vs. Wolverine World Wide Head-To-Head Analysis
-$0.44 Earnings Per Share Expected for Rhythm Pharmaceuticals  This Quarter
-$0.44 Earnings Per Share Expected for Rhythm Pharmaceuticals This Quarter
Oaktree Strategic Income  Expected to Announce Earnings of $0.15 Per Share
Oaktree Strategic Income Expected to Announce Earnings of $0.15 Per Share
$0.90 Earnings Per Share Expected for EQT  This Quarter
$0.90 Earnings Per Share Expected for EQT This Quarter


Leave a Reply

© 2006-2018 Ticker Report. Google+.