First Financial Northwest, Inc. (NASDAQ:FFNW) has been assigned an average broker rating score of 3.00 (Hold) from the two analysts that provide coverage for the company, Zacks Investment Research reports. Two research analysts have rated the stock with a hold recommendation.

Brokers have set a 1 year consensus price objective of $18.00 for the company and are expecting that the company will post $0.27 earnings per share for the current quarter, according to Zacks. Zacks has also given First Financial Northwest an industry rank of 17 out of 265 based on the ratings given to related companies.

Several brokerages have issued reports on FFNW. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $18.00 price objective on shares of First Financial Northwest in a report on Friday, January 26th. Zacks Investment Research raised First Financial Northwest from a “sell” rating to a “buy” rating and set a $18.00 price objective on the stock in a report on Monday, January 8th.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. The Manufacturers Life Insurance Company grew its holdings in shares of First Financial Northwest by 40.9% during the second quarter. The Manufacturers Life Insurance Company now owns 8,988 shares of the bank’s stock worth $146,000 after buying an additional 2,611 shares during the last quarter. SG Americas Securities LLC purchased a new position in shares of First Financial Northwest during the third quarter worth about $181,000. Alpine Woods Capital Investors LLC purchased a new position in shares of First Financial Northwest during the third quarter worth about $204,000. Teachers Advisors LLC grew its holdings in shares of 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 buying an additional 1,240 shares during the last quarter. Finally, Wells Fargo & Company MN grew its holdings in shares of First Financial Northwest by 35.9% during the third quarter. Wells Fargo & Company MN now owns 16,885 shares of the bank’s stock worth $288,000 after buying an additional 4,463 shares during the last quarter. 42.41% of the stock is currently owned by hedge funds and other institutional investors.

Shares of First Financial Northwest (FFNW) traded down $0.24 during mid-day trading on Thursday, hitting $15.71. The company’s stock had a trading volume of 12,799 shares, compared to its average volume of 12,548. The stock has a market capitalization of $168.85, a price-to-earnings ratio of 17.65, a price-to-earnings-growth ratio of 1.42 and a beta of 0.28. First Financial Northwest has a 12 month low of $14.83 and a 12 month high of $20.97. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.17 and a current ratio of 1.17.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 23rd. Shareholders of record on Friday, March 9th will be issued a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 1.78%. The ex-dividend date of this dividend is Thursday, March 8th. First Financial Northwest’s payout ratio is 34.57%.

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First Financial Northwest Company 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.

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