Is there a Bearish outlook for First Foundation Inc. (NASDAQ:FFWM) this week?

August 25, 2018 - By Joseph Norton

First Foundation Inc. (NASDAQ:FFWM) LogoInvestors sentiment decreased to 1.19 in 2018 Q1. Its down 1.02, from 2.21 in 2017Q4. It dropped, as 14 investors sold First Foundation Inc. shares while 22 reduced holdings. 13 funds opened positions while 30 raised stakes. 22.06 million shares or 13.51% more from 19.43 million shares in 2017Q4 were reported.
Dimensional Fund Advsrs L P reported 0.01% in First Foundation Inc. (NASDAQ:FFWM). Indexiq Limited holds 108,080 shares. Mendon Advsr Corp holds 2.29% or 1.36 million shares in its portfolio. Aqr Capital Mngmt Lc holds 0% of its portfolio in First Foundation Inc. (NASDAQ:FFWM) for 27,032 shares. Ny State Common Retirement Fund has invested 0% in First Foundation Inc. (NASDAQ:FFWM). Royal Fincl Bank Of Canada owns 509 shares or 0% of their US portfolio. Northwestern Mutual Wealth Management Commerce holds 0% of its portfolio in First Foundation Inc. (NASDAQ:FFWM) for 3,394 shares. Essex Inv Mngmt Company Ltd Limited Liability Company has invested 0.2% in First Foundation Inc. (NASDAQ:FFWM). Mackay Shields Limited Liability Corporation accumulated 88,110 shares or 0.01% of the stock. California State Teachers Retirement Sys invested in 45,378 shares or 0% of the stock. Basswood Limited Co invested in 1.67% or 2.10 million shares. Hollencrest Capital Mgmt invested in 13,132 shares. State Street Corp holds 560,000 shares or 0% of its portfolio. Clarivest Asset Lc reported 17,739 shares stake. Kennedy Capital Mgmt Incorporated reported 0.11% of its portfolio in First Foundation Inc. (NASDAQ:FFWM).

Since February 22, 2018, it had 0 insider buys, and 12 sales for $2.55 million activity. Shares for $306,117 were sold by FIX WARREN D. On Monday, April 2 KELLER ULRICH E. JR sold $182,400 worth of First Foundation Inc. (NASDAQ:FFWM) or 10,000 shares. The insider KAVANAUGH SCOTT F sold 15,350 shares worth $296,713. Shares for $202,824 were sold by HAKOPIAN JOHN on Wednesday, March 7. Shares for $409,420 were sold by LARSEN GERALD L. on Wednesday, April 4.

First Foundation Inc. (NASDAQ:FFWM) Ratings Coverage

Among 2 analysts covering First Foundation (NASDAQ:FFWM), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. First Foundation had 3 analyst reports since March 29, 2018 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, March 29 by Sandler O’Neill. DA Davidson maintained it with “Buy” rating and $24 target in Monday, June 11 report. Sandler O’Neill downgraded the shares of FFWM in report on Tuesday, July 31 to “Hold” rating. Below is a list of First Foundation Inc. (NASDAQ:FFWM) latest ratings and price target changes.

31/07/2018 Broker: Sandler O’Neill Old Rating: Buy New Rating: Hold Old Target: $21.5 Downgrade
11/06/2018 Broker: DA Davidson Old Rating: Buy New Rating: Buy Old Target: $22 New Target: $24 Maintain
29/03/2018 Broker: Sandler O’Neill Rating: Buy New Target: $21.0000 Maintain

The stock increased 1.75% or $0.28 during the last trading session, reaching $16.29. About 204,885 shares traded. First Foundation Inc. (NASDAQ:FFWM) has risen 20.86% since August 25, 2017 and is uptrending. It has outperformed by 8.29% 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 $723.23 million. It operates in two divisions, Banking; and Investment Management and Wealth Planning. It has a 24.13 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: Streetinsider.com which released: “First Foundation (FFWM) Misses Q2 EPS by 16c, Revenues Miss” on July 30, 2018. Also Ocbj.com published the news titled: “Midday Stock Roundup” on July 30, 2018. Nasdaq.com‘s news article titled: “Consolidated Research: 2018 Summary Expectations for First Foundation, CME Group, MetLife, DR Horton, Rexahn …” with publication date: August 08, 2018 was also an interesting one.

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

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