First Financial Northwest (NASDAQ:FFNW) Share Price Passes Above 200 Day Moving Average - What's Next?

First Financial Northwest, Inc. (NASDAQ:FFNW - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $21.93 and traded as high as $22.80. First Financial Northwest shares last traded at $22.45, with a volume of 56,137 shares.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on FFNW shares. DA Davidson reissued a "neutral" rating and issued a $22.00 price objective on shares of First Financial Northwest in a report on Thursday, January 30th. StockNews.com downgraded shares of First Financial Northwest from a "hold" rating to a "sell" rating in a research report on Monday, March 24th.

First Financial Northwest Trading Up 0.1 %

The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.04 and a current ratio of 1.04. The company has a market capitalization of $208.83 million, a price-to-earnings ratio of 205.75 and a beta of 0.25. The firm has a fifty day moving average price of $21.79 and a 200-day moving average price of $21.94.

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

Institutional Trading of First Financial Northwest

Several large investors have recently made changes to their positions in FFNW. Wells Fargo & Company MN lifted its stake in First Financial Northwest by 17.9% during the fourth quarter. Wells Fargo & Company MN now owns 5,914 shares of the bank's stock worth $128,000 after purchasing an additional 898 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of First Financial Northwest by 167.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 8,009 shares of the bank's stock worth $180,000 after buying an additional 5,013 shares in the last quarter. Bank of America Corp DE lifted its position in shares of First Financial Northwest by 29.9% during the 4th quarter. Bank of America Corp DE now owns 9,035 shares of the bank's stock worth $196,000 after buying an additional 2,079 shares during the last quarter. Barclays PLC boosted 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 buying an additional 6,689 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new position in First Financial Northwest in the fourth quarter valued at about $477,000. Institutional investors and hedge funds own 55.00% of the company's stock.

First Financial Northwest Company Profile

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.