Thomson Horstmann & Bryant Inc. cut its position in shares of First Financial Northwest, Inc. (NASDAQ:FFNW) by 1.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 285,205 shares of the bank’s stock after selling 4,208 shares during the quarter. Thomson Horstmann & Bryant Inc. owned 2.65% of First Financial Northwest worth $4,423,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently modified their holdings of FFNW. Bank of New York Mellon Corp raised its holdings in First Financial Northwest by 17.3% during the second quarter. Bank of New York Mellon Corp now owns 84,439 shares of the bank’s stock worth $1,362,000 after purchasing an additional 12,461 shares during the last quarter. LSV Asset Management acquired a new position in First Financial Northwest during the second quarter worth $788,000. Teachers Advisors LLC raised its holdings in First Financial Northwest by 8.9% during the second quarter. Teachers Advisors LLC now owns 15,244 shares of the bank’s stock worth $246,000 after purchasing an additional 1,240 shares during the last quarter. Context BH Capital Management LP raised its holdings in First Financial Northwest by 3.5% during the second quarter. Context BH Capital Management LP now owns 167,698 shares of the bank’s stock worth $2,705,000 after purchasing an additional 5,599 shares during the last quarter. Finally, Menta Capital LLC raised its holdings in First Financial Northwest by 26.6% during the second quarter. Menta Capital LLC now owns 18,830 shares of the bank’s stock worth $304,000 after purchasing an additional 3,954 shares during the last quarter. 42.49% of the stock is owned by hedge funds and other institutional investors.

First Financial Northwest, Inc. (NASDAQ:FFNW) opened at $15.91 on Thursday. The stock has a market capitalization of $171.22, a price-to-earnings ratio of 18.50, a P/E/G ratio of 1.53 and a beta of 0.32. First Financial Northwest, Inc. has a 1-year low of $14.83 and a 1-year high of $21.29. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 1.36.

First Financial Northwest (NASDAQ:FFNW) last issued its quarterly earnings data on Thursday, October 26th. The bank reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.05). The firm had revenue of $10.11 million for the quarter, compared to analyst estimates of $10.15 million. First Financial Northwest had a return on equity of 6.45% and a net margin of 18.74%. analysts predict that First Financial Northwest, Inc. will post 0.81 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, December 15th. Shareholders of record on Friday, December 1st were given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 1.76%. The ex-dividend date was Thursday, November 30th. First Financial Northwest’s payout ratio is 32.56%.

Several equities analysts recently issued reports on FFNW shares. Zacks Investment Research cut First Financial Northwest from a “hold” rating to a “strong sell” rating in a report on Monday, October 30th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $19.00 price objective on shares of First Financial Northwest in a report on Friday, December 22nd.

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First Financial Northwest Profile

First Financial Northwest, Inc (First Financial Northwest) is a holding company for First Financial Northwest Bank (the Bank). 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.

Institutional Ownership by Quarter for First Financial Northwest (NASDAQ:FFNW)

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