How Analysts Feel About First Foundation Inc. (NASDAQ:FFWM)?

February 23, 2018 - By Michael Pereira

 How Analysts Feel About First Foundation Inc. (NASDAQ:FFWM)?
Investors sentiment increased to 3.13 in 2017 Q3. Its up 1.61, from 1.52 in 2017Q2. It improved, as 0 investors sold First Foundation Inc. shares while 16 reduced holdings. 13 funds opened positions while 37 raised stakes. 37.09 million shares or 113.88% more from 17.34 million shares in 2017Q2 were reported.
Parametric Port Associates Ltd reported 77,415 shares. Great West Life Assurance Company Can invested in 0% or 3,000 shares. Vanguard Grp Inc, Pennsylvania-based fund reported 1.24M shares. Wells Fargo & Mn holds 0% or 126,142 shares. Chesley Taft And Assocs Ltd Com reported 46,800 shares. Cornercap Invest Counsel stated it has 0.11% of its portfolio in First Foundation Inc. (NASDAQ:FFWM). 14,968 were reported by Money Management Ltd Liability. Royal Financial Bank Of Canada invested in 13,474 shares or 0% of the stock. Tower Rech Cap Limited Liability Corp (Trc) stated it has 412 shares. Geode Ltd Liability stated it has 0% in First Foundation Inc. (NASDAQ:FFWM). Dimensional Fund L P holds 442,734 shares. Cadence Capital Mgmt Ltd owns 96,925 shares. The United Kingdom-based Legal And General Grp Public Limited Co has invested 0% in First Foundation Inc. (NASDAQ:FFWM). 3,394 are held by Northwestern Mutual Wealth Management. Banc Funds Ltd Co owns 898,773 shares or 0.72% of their US portfolio.

Since August 25, 2017, it had 0 insider purchases, and 9 insider sales for $1.67 million activity. $174,720 worth of First Foundation Inc. (NASDAQ:FFWM) was sold by MICHEL JOHN on Wednesday, September 6. Another trade for 10,000 shares valued at $164,800 was made by HAKOPIAN JOHN on Monday, September 11. Shares for $101,379 were sold by BRIGGS MAX on Friday, February 2.

First Foundation Inc. (NASDAQ:FFWM) Ratings Coverage

Among 3 analysts covering First Foundation (NASDAQ:FFWM), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. First Foundation had 11 analyst reports since October 23, 2015 according to SRatingsIntel. The rating was maintained by FBR Capital with “Outperform” on Friday, July 29. The firm has “Buy” rating by FBR Capital given on Monday, July 17. The firm earned “Buy” rating on Thursday, February 1 by FBR Capital. FBR Capital downgraded the stock to “Mkt Perform” rating in Tuesday, December 20 report. The stock of First Foundation Inc. (NASDAQ:FFWM) earned “Outperform” rating by FBR Capital on Friday, July 1. The firm has “Buy” rating by FBR Capital given on Tuesday, December 19. The stock of First Foundation Inc. (NASDAQ:FFWM) has “Outperform” rating given on Thursday, June 22 by FBR Capital. As per Friday, October 28, the company rating was maintained by FBR Capital. Below is a list of First Foundation Inc. (NASDAQ:FFWM) latest ratings and price target changes.

01/02/2018 Broker: FBR Capital Rating: Buy New Target: $22.0 Maintain
19/12/2017 Broker: FBR Capital Rating: Buy New Target: $21.0 Maintain

The stock increased 0.33% or $0.06 during the last trading session, reaching $18.27. About 34,555 shares traded. First Foundation Inc. (NASDAQ:FFWM) has risen 43.47% since February 23, 2017 and is uptrending. It has outperformed by 26.77% the S&P500.

First Foundation Inc., through its subsidiaries, provides personalized financial services to individuals, businesses, and other organizations in the United States. The company has market cap of $698.06 million. It operates in two divisions, Banking; and Investment Management and Wealth Planning. It has a 23.42 P/E ratio. The firm offers a range of bank deposit products, including personal and business checking accounts, savings accounts, interest-bearing negotiable order of withdrawal accounts, money market accounts, and time certificates of deposit; and loan products consisting of multifamily and single family residential real estate loans, commercial real estate loans, and commercial term loans and lines of credit, as well as consumer loans, such as personal installment loans and lines of credit, and home equity lines of credit.

More news for First Foundation Inc. (NASDAQ:FFWM) were recently published by: Bizjournals.com, which released: “First Foundation Bank parent buying Honolulu Habitat for Humanity loans” on February 10, 2018. Businesswire.com‘s article titled: “First Foundation Purchases Loans from Honolulu Habitat for Humanity” and published on February 09, 2018 is yet another important article.

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