35,028 Shares in First Financial Northwest, Inc. (NASDAQ:FFNW) Purchased by Captrust Financial Advisors

Captrust Financial Advisors acquired a new position in shares of First Financial Northwest, Inc. (NASDAQ:FFNW - Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 35,028 shares of the bank's stock, valued at approximately $789,000. Captrust Financial Advisors owned 0.38% of First Financial Northwest at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. increased its stake in shares of First Financial Northwest by 6.2% in the first quarter. Vanguard Group Inc. now owns 368,446 shares of the bank's stock worth $7,575,000 after acquiring an additional 21,447 shares during the last quarter. Bank of New York Mellon Corp increased its position in First Financial Northwest by 45.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 63,223 shares of the bank's stock worth $1,336,000 after purchasing an additional 19,670 shares during the last quarter. Clear Harbor Asset Management LLC purchased a new stake in shares of First Financial Northwest during the 2nd quarter worth about $411,000. Skandinaviska Enskilda Banken AB publ purchased a new stake in shares of First Financial Northwest during the 2nd quarter worth about $403,000. Finally, B.O.S.S. Retirement Advisors LLC acquired a new stake in shares of First Financial Northwest during the 3rd quarter valued at about $312,000. Hedge funds and other institutional investors own 55.00% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded First Financial Northwest from a "hold" rating to a "sell" rating in a report on Tuesday, October 29th.

First Financial Northwest Stock Up 0.5 %

First Financial Northwest stock traded up $0.12 during mid-day trading on Wednesday, hitting $22.43. 24,783 shares of the company's stock were exchanged, compared to its average volume of 37,285. First Financial Northwest, Inc. has a 1-year low of $12.24 and a 1-year high of $23.50. The stock has a 50 day moving average of $22.53 and a two-hundred day moving average of $22.02. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.62. The stock has a market cap of $207.03 million, a P/E ratio of 203.91 and a beta of 0.52.

First Financial Northwest (NASDAQ:FFNW - Get Free Report) last issued its quarterly earnings data on Tuesday, October 29th. The bank reported ($0.07) EPS for the quarter, missing analysts' consensus estimates of $0.07 by ($0.14). First Financial Northwest had a net margin of 1.31% and a return on equity of 0.66%. The company had revenue of $20.09 million for the quarter, compared to analyst estimates of $9.49 million. During the same period in the prior year, the company posted $0.16 EPS. As a group, analysts anticipate that First Financial Northwest, Inc. will post 0.09 EPS for the current fiscal year.

About First Financial Northwest

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.