Were Analysts Bullish First Foundation Inc. (NASDAQ:FFWM) This Week?

May 27, 2018 - By Michael Collier

First Foundation Inc. (NASDAQ:FFWM) LogoInvestors sentiment decreased to 2.21 in 2017 Q4. Its down 0.92, from 3.13 in 2017Q3. It is negative, as 6 investors sold First Foundation Inc. shares while 18 reduced holdings. 14 funds opened positions while 39 raised stakes. 19.43 million shares or 47.61% less from 37.09 million shares in 2017Q3 were reported.
Chesley Taft & Ltd Llc invested in 46,800 shares. Stifel Fin Corporation reported 90,000 shares or 0.01% of all its holdings. Tcw holds 0.01% or 45,299 shares in its portfolio. Tower Research Capital Limited Liability (Trc) reported 4,065 shares stake. Swiss Bancshares holds 52,000 shares. Legal General Group Inc Public Limited Co holds 0% or 7,000 shares in its portfolio. Stieven Cap L P has invested 1.15% of its portfolio in First Foundation Inc. (NASDAQ:FFWM). Goldman Sachs Group stated it has 98,059 shares. Emerald Mutual Fund Advisers Tru has 578,105 shares for 0.43% of their portfolio. Alliancebernstein Limited Partnership reported 0% stake. Renaissance Technologies Ltd Limited Liability Company holds 256,396 shares or 0.01% of its portfolio. Creative Planning reported 0% stake. Geode Lc, a Massachusetts-based fund reported 245,881 shares. First Limited Partnership holds 0% in First Foundation Inc. (NASDAQ:FFWM) or 72,230 shares. Moreover, Jpmorgan Chase has 0% invested in First Foundation Inc. (NASDAQ:FFWM).

Since February 2, 2018, it had 0 buys, and 11 selling transactions for $2.48 million activity. On Wednesday, February 28 the insider FIX WARREN D sold $183,000. Another trade for 10,800 shares valued at $202,824 was made by HAKOPIAN JOHN on Wednesday, March 7. On Wednesday, April 4 LARSEN GERALD L. sold $409,420 worth of First Foundation Inc. (NASDAQ:FFWM) or 22,000 shares. KELLER ULRICH E. JR sold 10,000 shares worth $186,600. BRIGGS MAX sold 5,305 shares worth $101,379.

First Foundation Inc. (NASDAQ:FFWM) Ratings Coverage

Among 2 analysts covering First Foundation (NASDAQ:FFWM), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. First Foundation had 3 analyst reports since December 19, 2017 according to SRatingsIntel. FBR Capital maintained the stock with “Buy” rating in Tuesday, December 19 report. As per Thursday, February 1, the company rating was maintained by FBR Capital. Sandler O’Neill maintained the stock with “Buy” rating in Thursday, March 29 report. Below is a list of First Foundation Inc. (NASDAQ:FFWM) latest ratings and price target changes.

29/03/2018 Broker: Sandler O’Neill Rating: Buy New Target: $21.0000 Maintain
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 decreased 0.10% or $0.02 during the last trading session, reaching $19.12. About 87,535 shares traded. First Foundation Inc. (NASDAQ:FFWM) has risen 18.77% since May 27, 2017 and is uptrending. It has outperformed by 7.22% 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 $747.18 million. It operates in two divisions, Banking; and Investment Management and Wealth Planning. It has a 24.51 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 recent First Foundation Inc. (NASDAQ:FFWM) news were published by: Globenewswire.com which released: “Factors of Influence in 2018, Key Indicators and Opportunity within NetScout, Entegris, Pinnacle Entertainment, First …” on May 03, 2018. Also Businesswire.com published the news titled: “First Foundation to Participate in DA Davidson’s 20th Annual FIG Summit and Financial Institutions Conference” on May 01, 2018. Businesswire.com‘s news article titled: “First Foundation CEO Scott F. Kavanaugh Named Finalist for the Orange County Entrepreneur of The Year” with publication date: May 23, 2018 was also an interesting one.

First Foundation Inc. (NASDAQ:FFWM) Institutional Positions Chart

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