Can analysts adopt a bullish outlook for First Foundation Inc. (NASDAQ:FFWM)?

December 8, 2017 - By Richard Conner

 Can analysts adopt a bullish outlook for First Foundation Inc. (NASDAQ:FFWM)?
Investors sentiment decreased to 1.52 in Q2 2017. Its down 5.08, from 6.6 in 2017Q1. It fall, as 6 investors sold First Foundation Inc. shares while 23 reduced holdings. 17 funds opened positions while 27 raised stakes. 17.34 million shares or 47.00% less from 32.72 million shares in 2017Q1 were reported.
First Trust Ltd Partnership reported 73,781 shares. Trexquant Inv L P holds 16,224 shares or 0.07% of its portfolio. Credit Suisse Ag has 0% invested in First Foundation Inc. (NASDAQ:FFWM). Victory Capital Mgmt accumulated 66,900 shares or 0% of the stock. Cadence Capital Mgmt Llc has invested 0.11% in First Foundation Inc. (NASDAQ:FFWM). Indexiq Advsr Limited Com has 0.02% invested in First Foundation Inc. (NASDAQ:FFWM). New York State Common Retirement Fund invested 0% in First Foundation Inc. (NASDAQ:FFWM). Second Curve Cap Lc holds 10,000 shares or 0.06% of its portfolio. Vanguard Grp holds 1.15M shares or 0% of its portfolio. American Int Group Inc has 0% invested in First Foundation Inc. (NASDAQ:FFWM). Moreover, Barclays Public Lc has 0% invested in First Foundation Inc. (NASDAQ:FFWM). Massachusetts-based Castine Capital Mngmt Lc has invested 2.78% in First Foundation Inc. (NASDAQ:FFWM). Nationwide Fund Advisors has invested 0% in First Foundation Inc. (NASDAQ:FFWM). Apriem Advisors owns 20,000 shares or 0.09% of their US portfolio. Citigroup holds 0% of its portfolio in First Foundation Inc. (NASDAQ:FFWM) for 71 shares.

First Foundation Inc. (NASDAQ:FFWM) Ratings Coverage

Among 3 analysts covering First Foundation (NASDAQ:FFWM), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. First Foundation had 9 analyst reports since October 23, 2015 according to SRatingsIntel. The stock has “Buy” rating by FBR Capital on Monday, July 17. The rating was maintained by FBR Capital on Friday, July 29 with “Outperform”. The rating was maintained by FBR Capital with “Outperform” on Friday, October 28. The firm earned “Outperform” rating on Thursday, June 22 by FBR Capital. On Tuesday, December 20 the stock rating was downgraded by FBR Capital to “Mkt Perform”. The company was initiated on Friday, July 1 by FBR Capital. Below is a list of First Foundation Inc. (NASDAQ:FFWM) latest ratings and price target changes.

17/07/2017 Broker: FBR Capital Rating: Buy New Target: $21.0000 Maintain
19/06/2017 Broker: DA Davidson Rating: Buy New Target: $19.5000
22/06/2017 Broker: FBR Capital Old Rating: Market Perform New Rating: Outperform Upgrade

The stock decreased 0.48% or $0.09 during the last trading session, reaching $18.69. About 65,040 shares traded. First Foundation Inc. (NASDAQ:FFWM) has risen 43.47% since December 8, 2016 and is uptrending. It has outperformed by 26.77% 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 $704.60 million. It operates in two divisions, Banking; and Investment Management and Wealth Planning. It has a 20.1 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: Businesswire.com which released: “First Foundation’s Scott Kavanaugh and Rick Keller Named Among Orange County’s …” on November 16, 2017. Also Businesswire.com published the news titled: “First Foundation Completes Acquisition of Community 1st Bancorp” on November 13, 2017. Nasdaq.com‘s news article titled: “First Foundation Advisors Buys Facebook Inc, Pinnacle Entertainment Inc …” with publication date: November 15, 2017 was also an interesting one.

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