Trading Report: The First Financial Northwest Inc. (FFNW) To Go Ex-Dividend on November 29th

The First Financial Northwest Inc. (FFNW) To Go Ex-Dividend on November 29th

First Financial Northwest Inc. (NASDAQ:FFNW) declared a quarterly dividend on Friday, November 18th. Stockholders of record on Thursday, December 1st will be paid a dividend of 0.06 per share on Friday, December 16th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date of this dividend is Tuesday, November 29th.

First Financial Northwest (NASDAQ:FFNW) opened at 17.33 on Monday. First Financial Northwest has a 52 week low of $12.51 and a 52 week high of $17.91. The company has a market capitalization of $205.52 million, a PE ratio of 27.51 and a beta of 0.46. The stock’s 50 day moving average price is $15.40 and its 200-day moving average price is $14.03.

A number of hedge funds and other institutional investors have recently modified their holdings of FFNW. Panagora Asset Management Inc. increased its position in shares of First Financial Northwest by 4.3% in the third quarter. Panagora Asset Management Inc. now owns 9,312 shares of the company’s stock valued at $132,000 after buying an additional 383 shares in the last quarter. The Manufacturers Life Insurance Company purchased a new position in shares of First Financial Northwest during the third quarter valued at $136,000. Emerald Acquisition Ltd. increased its position in shares of First Financial Northwest by 186.8% in the third quarter. Emerald Acquisition Ltd. now owns 16,348 shares of the company’s stock valued at $232,000 after buying an additional 10,648 shares in the last quarter. California State Teachers Retirement System increased its position in shares of First Financial Northwest by 1.0% in the third quarter. California State Teachers Retirement System now owns 19,255 shares of the company’s stock valued at $273,000 after buying an additional 200 shares in the last quarter. Finally, BlackRock Institutional Trust Company N.A. increased its position in shares of First Financial Northwest by 10.4% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 74,688 shares of the company’s stock valued at $1,058,000 after buying an additional 7,037 shares in the last quarter. 45.71% of the stock is owned by institutional investors.

A number of equities research analysts have recently issued reports on the stock. Sandler O’Neill downgraded shares of First Financial Northwest from a “buy” rating to a “hold” rating in a research report on Tuesday, November 1st. Zacks Investment Research raised shares of First Financial Northwest from a “sell” rating to a “buy” rating and set a $16.00 target price for the company in a report on Tuesday, October 11th. Finally, DA Davidson reaffirmed a “hold” rating and issued a $15.00 target price on shares of First Financial Northwest in a report on Monday, August 15th.

First Financial Northwest Company Profile

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