B.O.S.S. Retirement Advisors LLC Takes $312,000 Position in First Financial Northwest, Inc. (NASDAQ:FFNW)

B.O.S.S. Retirement Advisors LLC bought a new stake in First Financial Northwest, Inc. (NASDAQ:FFNW) during the third quarter, according to its most recent filing with the SEC. The firm bought 13,853 shares of the bank’s stock, valued at approximately $312,000. B.O.S.S. Retirement Advisors LLC owned about 0.15% of First Financial Northwest at the end of the most recent quarter.

Several other large investors have also made changes to their positions in FFNW. Commonwealth Equity Services LLC raised its holdings in First Financial Northwest by 9.8% in the 2nd quarter. Commonwealth Equity Services LLC now owns 11,986 shares of the bank’s stock valued at $253,000 after acquiring an additional 1,069 shares in the last quarter. Rhumbline Advisers acquired a new position in First Financial Northwest in the second quarter worth about $188,000. Skandinaviska Enskilda Banken AB publ bought a new position in First Financial Northwest during the second quarter worth about $403,000. Clear Harbor Asset Management LLC acquired a new stake in First Financial Northwest during the second quarter valued at approximately $411,000. Finally, Bank of New York Mellon Corp grew its stake in shares of First Financial Northwest by 45.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 63,223 shares of the bank’s stock valued at $1,336,000 after purchasing an additional 19,670 shares during the period. Institutional investors and hedge funds own 55.00% of the company’s stock.

First Financial Northwest Stock Performance

Shares of FFNW stock opened at $23.05 on Friday. The stock has a market cap of $211.46 million, a PE ratio of 69.85 and a beta of 0.53. The stock has a 50-day moving average of $22.45 and a 200-day moving average of $21.52. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.10 and a quick ratio of 1.10. First Financial Northwest, Inc. has a one year low of $10.09 and a one year high of $23.50.

First Financial Northwest (NASDAQ:FFNW) last released its quarterly earnings data on Thursday, July 25th. The bank reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.13. First Financial Northwest had a return on equity of 1.98% and a net margin of 3.89%. The business had revenue of $19.99 million for the quarter, compared to analysts’ expectations of $9.60 million. As a group, sell-side analysts expect that First Financial Northwest, Inc. will post 0.23 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages have weighed in on FFNW. StockNews.com raised First Financial Northwest from a “sell” rating to a “hold” rating in a report on Friday, October 11th. Piper Sandler lowered shares of First Financial Northwest from an “overweight” rating to a “neutral” rating and set a $23.50 price target for the company. in a report on Friday, July 26th.

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.