Panagora Asset Management Inc. decreased its position in shares of First Northwest BanCorp (NASDAQ:FNWB) by 8.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 105,466 shares of the financial services provider’s stock after selling 9,257 shares during the quarter. Panagora Asset Management Inc. owned 0.93% of First Northwest BanCorp worth $1,624,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Western Standard LLC lifted its holdings in shares of First Northwest BanCorp by 5.3% during the second quarter. Western Standard LLC now owns 69,599 shares of the financial services provider’s stock worth $1,111,000 after purchasing an additional 3,500 shares during the period. TCW Group Inc. lifted its holdings in shares of First Northwest BanCorp by 33.9% during the third quarter. TCW Group Inc. now owns 140,178 shares of the financial services provider’s stock worth $2,159,000 after purchasing an additional 35,528 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of First Northwest BanCorp by 20.3% during the second quarter. Dimensional Fund Advisors LP now owns 236,921 shares of the financial services provider’s stock worth $3,784,000 after purchasing an additional 39,929 shares during the period. Renaissance Technologies LLC lifted its holdings in shares of First Northwest BanCorp by 1.2% during the second quarter. Renaissance Technologies LLC now owns 353,300 shares of the financial services provider’s stock worth $5,642,000 after purchasing an additional 4,200 shares during the period. Finally, BlackRock Inc. lifted its holdings in shares of First Northwest BanCorp by 0.7% during the third quarter. BlackRock Inc. now owns 507,597 shares of the financial services provider’s stock worth $7,817,000 after purchasing an additional 3,360 shares during the period. 46.86% of the stock is owned by hedge funds and other institutional investors.

Separately, ValuEngine raised First Northwest BanCorp from a “sell” rating to a “hold” rating in a report on Thursday, October 11th.

Shares of NASDAQ:FNWB opened at $15.17 on Friday. First Northwest BanCorp has a 12-month low of $13.56 and a 12-month high of $17.65. The company has a market capitalization of $171.82 million, a price-to-earnings ratio of 26.16 and a beta of 0.56. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.92 and a quick ratio of 0.92.

First Northwest BanCorp (NASDAQ:FNWB) last announced its quarterly earnings results on Thursday, October 25th. The financial services provider reported $0.19 earnings per share (EPS) for the quarter. First Northwest BanCorp had a return on equity of 3.48% and a net margin of 9.80%. The company had revenue of $10.69 million during the quarter.

The business also recently declared a Not Available dividend, which was paid on Friday, December 14th. Shareholders of record on Friday, November 30th were issued a $0.03 dividend. The ex-dividend date was Thursday, November 29th.

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About First Northwest BanCorp

First Northwest Bancorp operates as a bank holding company for First Federal Savings and Loan Association of Port Angeles that provides commercial and consumer banking services to individuals, businesses, and nonprofit organizations in western Washington, the United States. The company offers various deposit instruments, including checking accounts, money market deposit accounts, savings accounts, transaction accounts, and certificates of deposit.

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Institutional Ownership by Quarter for First Northwest BanCorp (NASDAQ:FNWB)

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