First Financial Northwest (NASDAQ:FFNW) Lowered to "Sell" Rating by StockNews.com

First Financial Northwest (NASDAQ:FFNW - Get Free Report) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating in a research report issued to clients and investors on Monday.

Separately, DA Davidson reaffirmed a "neutral" rating and set a $22.00 price target on shares of First Financial Northwest in a research note on Thursday, January 30th.

First Financial Northwest Trading Down 0.1 %

FFNW traded down $0.02 during trading on Monday, reaching $22.63. 11,291 shares of the stock traded hands, compared to its average volume of 38,785. The stock's 50-day moving average is $21.43 and its 200 day moving average is $21.94. First Financial Northwest has a 12 month low of $18.03 and a 12 month high of $23.50. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.62. The stock has a market capitalization of $208.83 million, a PE ratio of 205.75 and a beta of 0.51.

First Financial Northwest (NASDAQ:FFNW - Get Free Report) last issued its earnings results on Tuesday, January 28th. The bank reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.08. First Financial Northwest had a net margin of 1.34% and a return on equity of 0.67%. Equities analysts anticipate that First Financial Northwest will post 0.3 earnings per share for the current year.

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Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. MetLife Investment Management LLC raised its holdings in shares of First Financial Northwest by 129.0% in 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 last quarter. Wells Fargo & Company MN lifted its holdings in shares of First Financial Northwest by 17.9% in the fourth quarter. Wells Fargo & Company MN now owns 5,914 shares of the bank's stock valued at $128,000 after purchasing an additional 898 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of First Financial Northwest by 167.3% during the third quarter. JPMorgan Chase & Co. now owns 8,009 shares of the bank's stock valued at $180,000 after buying an additional 5,013 shares during the last quarter. Bank of America Corp DE raised its position in First Financial Northwest by 29.9% in the 4th quarter. Bank of America Corp DE now owns 9,035 shares of the bank's stock valued at $196,000 after buying an additional 2,079 shares during the last quarter. Finally, Barclays PLC lifted its stake in First Financial Northwest by 272.9% during the 3rd quarter. Barclays PLC now owns 9,140 shares of the bank's stock valued at $206,000 after acquiring an additional 6,689 shares in the last quarter. 55.00% of the stock is owned by institutional investors.

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.