The stock of FIRST FINANCIAL NORTHWEST, INC. (NASDAQ:FFNW) reached all time high today, Nov, 14 and still has $41.22 target or 148.00% above today’s $16.62 share price. This indicates more upside for the $227.74M company. This technical setup was reported by Barchart.com. If the $41.22 PT is reached, the company will be worth $337.06M more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. About 26,015 shares traded hands. FIRST FINANCIAL NORTHWEST, INC. (NASDAQ:FFNW) has risen 20.51% since April 12, 2016 and is uptrending. It has outperformed by 15.53% the S&P500.
According to Zacks Investment Research, “FIRST FINANCIAL NORTHWEST, INC. is a Washington corporation headquartered in Renton, Washington. It is the parent company of First Savings Bank Northwest; a Washington chartered stock savings bank that was originally organized in 1923. The Company serves the Puget Sound Region of Washington that includes King, Snohomish and Pierce Counties, through its full-service banking office. The Company is part of the America’s Community Bankers NASDAQ Index.”
Insitutional Activity: The institutional sentiment increased to 2.24 in Q2 2016. Its up 0.89, from 1.35 in 2016Q1. The ratio improved, as 7 funds sold all FIRST FINANCIAL NORTHWEST, INC. shares owned while 10 reduced positions. 15 funds bought stakes while 23 increased positions. They now own 4.31 million shares or 15.91% more from 3.72 million shares in 2016Q1.
Geode Cap Lc last reported 0% of its portfolio in the stock. California Employees Retirement Sys accumulated 61,225 shares or 0% of the stock. Blackrock Advsrs Limited Company owns 5,823 shares or 0% of their US portfolio. Blackrock Fund Advsrs last reported 0% of its portfolio in the stock. Victory Mgmt, a Ohio-based fund reported 70,538 shares. Acadian Asset Ltd Co has 0.01% invested in the company for 104,722 shares. Bancorporation Of Mellon accumulated 0% or 56,133 shares. Punch & Assocs Invest Mngmt has 0.15% invested in the company for 100,815 shares. Citigroup Inc accumulated 0% or 905 shares. Moreover, Mufg Americas Holdings has 0% invested in FIRST FINANCIAL NORTHWEST, INC. (NASDAQ:FFNW) for 350 shares. Schwab Charles Investment Mngmt owns 10,300 shares or 0% of their US portfolio. Beese Fulmer Investment Mgmt holds 0.05% of its portfolio in FIRST FINANCIAL NORTHWEST, INC. (NASDAQ:FFNW) for 13,360 shares. Bnp Paribas Arbitrage reported 359 shares or 0% of all its holdings. Lpl owns 25,000 shares or 0% of their US portfolio. Blackrock Mngmt Limited Liability Corp reported 35,224 shares or 0% of all its holdings.
More notable recent FIRST FINANCIAL NORTHWEST, INC. (NASDAQ:FFNW) news were published by: Globenewswire.com which released: “First Financial Northwest, Inc. Announces the Adoption of a New Stock …” on September 09, 2016, also Globenewswire.com with their article: “First Financial Northwest, Inc. Announces Final Results of Its Self-Tender Offer” published on August 15, 2016, Globenewswire.com published: “First Financial Northwest, Inc. Announces Preliminary Results of Self-Tender Offer” on August 10, 2016. More interesting news about FIRST FINANCIAL NORTHWEST, INC. (NASDAQ:FFNW) were released by: Globenewswire.com and their article: “First Financial Northwest, Inc. Announces – First Financial Northwest Bank …” published on June 02, 2016 as well as Globenewswire.com‘s news article titled: “First Financial Northwest, Inc. Announces – First Financial Northwest Bank and …” with publication date: June 03, 2016.
FFNW Company Profile
First Financial Northwest, Inc., incorporated on June 1, 2007, is a holding firm for First Financial Northwest Bank (the Bank). The Firm is a savings and loan holding company. The Bank primarily serves the greater Puget Sound region of King and to a lesser extent, Pierce, Snohomish and Kitsap Counties, Washington through its full-service banking office located in Renton, Washington and branch office in Mill Creek, Washington. The Bank’s business consists of attracting deposits from the public and utilizing these funds to originate one- to four-family residential, multifamily, commercial real estate, construction/land development, business and consumer loans.
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