Gary F. Faull Sells 12,409 Shares of First Financial Northwest, Inc. (FFNW) Stock

First Financial Northwest, Inc. (NASDAQ:FFNW) Director Gary F. Faull sold 12,409 shares of the business’s stock in a transaction on Tuesday, September 11th. The stock was sold at an average price of $17.19, for a total transaction of $213,310.71. Following the sale, the director now owns 80,967 shares in the company, valued at $1,391,822.73. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Shares of NASDAQ FFNW opened at $16.97 on Friday. The firm has a market cap of $185.66 million, a price-to-earnings ratio of 11.73, a P/E/G ratio of 1.12 and a beta of 0.12. First Financial Northwest, Inc. has a one year low of $13.13 and a one year high of $21.82. The company has a debt-to-equity ratio of 1.47, a quick ratio of 1.22 and a current ratio of 1.22.

First Financial Northwest (NASDAQ:FFNW) last released its quarterly earnings results on Friday, July 27th. The bank reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.02. The business had revenue of $10.79 million during the quarter, compared to the consensus estimate of $11.35 million. First Financial Northwest had a return on equity of 10.27% and a net margin of 25.72%. analysts forecast that First Financial Northwest, Inc. will post 1.52 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 21st. Stockholders of record on Friday, September 7th will be paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 1.89%. The ex-dividend date is Thursday, September 6th. First Financial Northwest’s dividend payout ratio (DPR) is presently 35.96%.

Several equities research analysts have commented on FFNW shares. Keefe, Bruyette & Woods restated a “hold” rating and set a $19.00 target price on shares of First Financial Northwest in a research report on Friday, July 27th. Zacks Investment Research lowered shares of First Financial Northwest from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 25th. Finally, FIG Partners lowered shares of First Financial Northwest from an “outperform” rating to a “hold” rating in a research report on Friday, July 27th.

Several large investors have recently added to or reduced their stakes in FFNW. Mackay Shields LLC acquired a new position in shares of First Financial Northwest during the 1st quarter worth $356,000. Schwab Charles Investment Management Inc. raised its stake in shares of First Financial Northwest by 46.6% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 15,100 shares of the bank’s stock worth $253,000 after buying an additional 4,800 shares during the last quarter. ClariVest Asset Management LLC raised its stake in shares of First Financial Northwest by 33.3% during the 1st quarter. ClariVest Asset Management LLC now owns 18,132 shares of the bank’s stock worth $304,000 after buying an additional 4,528 shares during the last quarter. BlackRock Inc. raised its stake in shares of First Financial Northwest by 10.0% during the 1st quarter. BlackRock Inc. now owns 521,354 shares of the bank’s stock worth $8,733,000 after buying an additional 47,251 shares during the last quarter. Finally, Thomson Horstmann & Bryant Inc. raised its stake in shares of First Financial Northwest by 4.6% during the 1st quarter. Thomson Horstmann & Bryant Inc. now owns 298,394 shares of the bank’s stock worth $4,998,000 after buying an additional 13,189 shares during the last quarter. 45.52% of the stock is owned by institutional investors and hedge funds.

About First Financial Northwest

First Financial Northwest, Inc operates as the 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 deposit accounts, statement savings accounts, and certificates of deposit.

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