Curi RMB Capital LLC Purchases 107,282 Shares of First Western Financial, Inc. (NASDAQ:MYFW)

Curi RMB Capital LLC boosted its holdings in shares of First Western Financial, Inc. (NASDAQ:MYFW - Free Report) by 120.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 196,656 shares of the company's stock after buying an additional 107,282 shares during the quarter. Curi RMB Capital LLC owned approximately 2.04% of First Western Financial worth $3,845,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. FMR LLC raised its stake in First Western Financial by 347.2% during the 3rd quarter. FMR LLC now owns 3,117 shares of the company's stock worth $62,000 after acquiring an additional 2,420 shares during the period. Wells Fargo & Company MN raised its position in shares of First Western Financial by 23.2% during the 4th quarter. Wells Fargo & Company MN now owns 5,885 shares of the company's stock valued at $115,000 after purchasing an additional 1,110 shares during the period. Rhumbline Advisers lifted its stake in shares of First Western Financial by 9.5% during the 4th quarter. Rhumbline Advisers now owns 12,623 shares of the company's stock valued at $247,000 after buying an additional 1,090 shares in the last quarter. JPMorgan Chase & Co. increased its stake in First Western Financial by 284.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 13,674 shares of the company's stock worth $273,000 after buying an additional 10,113 shares in the last quarter. Finally, Barclays PLC raised its holdings in First Western Financial by 112.5% during the third quarter. Barclays PLC now owns 17,583 shares of the company's stock valued at $353,000 after acquiring an additional 9,309 shares during the period. 60.26% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

MYFW has been the topic of several recent analyst reports. Piper Sandler decreased their target price on First Western Financial from $23.00 to $22.50 and set a "neutral" rating on the stock in a research note on Monday, January 27th. Keefe, Bruyette & Woods cut their target price on shares of First Western Financial from $25.00 to $24.00 and set an "outperform" rating for the company in a research note on Monday, January 27th.

First Western Financial Price Performance

NASDAQ:MYFW traded up $2.02 during trading hours on Friday, reaching $20.87. The stock had a trading volume of 52,338 shares, compared to its average volume of 25,994. The company has a 50 day moving average price of $19.11 and a two-hundred day moving average price of $19.82. First Western Financial, Inc. has a 52 week low of $15.54 and a 52 week high of $22.32. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.06 and a current ratio of 1.07. The stock has a market capitalization of $202.47 million, a PE ratio of 23.98 and a beta of 0.65.

First Western Financial (NASDAQ:MYFW - Get Free Report) last posted its earnings results on Thursday, April 24th. The company reported $0.43 earnings per share for the quarter, topping analysts' consensus estimates of $0.23 by $0.20. First Western Financial had a net margin of 4.70% and a return on equity of 3.43%. The firm had revenue of $24.80 million for the quarter, compared to the consensus estimate of $24.10 million. As a group, sell-side analysts anticipate that First Western Financial, Inc. will post 1.5 earnings per share for the current fiscal year.

First Western Financial Profile

First Western Financial, Inc, a financial holding company, provides wealth advisory, private baking, personal trust, investment management, mortgage lending, and institutional asset management services. The company operates through two segments: Wealth Management and Mortgage. The Wealth Management segment provides deposit, loan, life insurance, and trust and investment management advisory products and services.