First Foundation Inc. (NASDAQ:FFWM) Receives Consensus Rating of "Hold" from Analysts

Shares of First Foundation Inc. (NASDAQ:FFWM - Get Free Report) have earned an average rating of "Hold" from the six analysts that are presently covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $6.80.

FFWM has been the topic of several analyst reports. Wall Street Zen cut shares of First Foundation from a "hold" rating to a "sell" rating in a research report on Wednesday, May 14th. Jefferies Financial Group set a $7.00 price target on shares of First Foundation and gave the stock a "buy" rating in a research report on Wednesday, May 21st.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Cloud Capital Management LLC acquired a new position in shares of First Foundation during the 1st quarter worth about $25,000. GAMMA Investing LLC increased its stake in shares of First Foundation by 90.0% during the 1st quarter. GAMMA Investing LLC now owns 5,039 shares of the bank's stock worth $26,000 after purchasing an additional 2,387 shares during the last quarter. Millstone Evans Group LLC acquired a new position in shares of First Foundation during the 4th quarter worth about $30,000. Farther Finance Advisors LLC increased its stake in shares of First Foundation by 665.3% during the 4th quarter. Farther Finance Advisors LLC now owns 5,089 shares of the bank's stock worth $32,000 after purchasing an additional 4,424 shares during the last quarter. Finally, State of Wyoming acquired a new position in First Foundation in the 4th quarter valued at about $48,000. 73.10% of the stock is currently owned by institutional investors and hedge funds.

First Foundation Stock Down 0.5%

NASDAQ:FFWM traded down $0.03 on Wednesday, hitting $5.10. 685,291 shares of the company's stock were exchanged, compared to its average volume of 649,332. The firm has a 50-day moving average price of $5.16 and a 200-day moving average price of $5.45. The company has a debt-to-equity ratio of 1.80, a current ratio of 1.04 and a quick ratio of 0.87. First Foundation has a 52 week low of $4.42 and a 52 week high of $8.52. The company has a market cap of $419.76 million, a P/E ratio of -3.80 and a beta of 0.99.

First Foundation Company Profile

First Foundation Inc, through its subsidiaries, provides banking services, investment advisory, wealth management, and trust services to individuals, businesses, and other organizations in the United States. The company operates in two segments, Banking and Wealth Management. It offers a range of deposit products, including personal and business checking accounts, savings accounts, interest-bearing demand deposit accounts, money market accounts, and time certificate of deposits; and loan products consisting of multifamily and single family residential real estate loans, commercial real estate loans, commercial term loans, and line of credits, as well as consumer loans, such as personal installment loans and line of credits, and home equity line of credits.