First Financial Northwest, Inc. (NASDAQ:FFNW) Shares Purchased by Css LLC Il

Css LLC Il raised its stake in shares of First Financial Northwest, Inc. (NASDAQ:FFNW) by 10.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 76,824 shares of the bank’s stock after buying an additional 7,149 shares during the quarter. Css LLC Il owned about 0.83% of First Financial Northwest worth $1,667,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Wells Fargo & Company MN raised its position in shares of First Financial Northwest by 17.9% in the fourth quarter. Wells Fargo & Company MN now owns 5,914 shares of the bank’s stock valued at $128,000 after buying an additional 898 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in First Financial Northwest by 167.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 8,009 shares of the bank’s stock valued at $180,000 after acquiring an additional 5,013 shares during the last quarter. Bank of America Corp DE raised its holdings in First Financial Northwest by 29.9% in the 4th quarter. Bank of America Corp DE now owns 9,035 shares of the bank’s stock valued at $196,000 after acquiring an additional 2,079 shares during the last quarter. Barclays PLC lifted its stake in shares of First Financial Northwest by 272.9% during the 3rd quarter. Barclays PLC now owns 9,140 shares of the bank’s stock worth $206,000 after purchasing an additional 6,689 shares during the period. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in shares of First Financial Northwest during the fourth quarter worth $477,000. Hedge funds and other institutional investors own 55.00% of the company’s stock.

First Financial Northwest Price Performance

Shares of FFNW stock opened at $22.56 on Wednesday. The firm has a fifty day simple moving average of $22.62 and a 200-day simple moving average of $21.94. The company has a market capitalization of $208.18 million, a PE ratio of 205.11 and a beta of 0.25. First Financial Northwest, Inc. has a twelve month low of $18.03 and a twelve month high of $23.50. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.62.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on FFNW. DA Davidson reiterated a “neutral” rating and set a $22.00 price objective on shares of First Financial Northwest in a report on Thursday, January 30th. StockNews.com assumed coverage on shares of First Financial Northwest in a research report on Saturday. They set a “sell” rating for the company.

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.