First Foundation Inc. (NASDAQ:FFWM) Sentiment Report

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Sentiment for First Foundation Inc. (NASDAQ:FFWM)

First Foundation Inc. (NASDAQ:FFWM) institutional sentiment decreased to 1.43 in Q2 2019. Its down -0.04, from 1.47 in 2019Q1. The ratio fall, as 43 institutional investors increased and started new equity positions, while 30 cut down and sold holdings in First Foundation Inc.. The institutional investors in our partner’s database reported: 23.16 million shares, down from 23.79 million shares in 2019Q1. Also, the number of institutional investors holding First Foundation Inc. in their top 10 equity positions decreased from 2 to 1 for a decrease of 1. Sold All: 11 Reduced: 19 Increased: 32 New Position: 11.

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 $677.59 million. It operates in two divisions, Banking; and Investment Management and Wealth Planning. It has a 12.93 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.

The stock increased 0.20% or $0.03 during the last trading session, reaching $15.18. About 78,642 shares traded. First Foundation Inc. (NASDAQ:FFWM) has declined 9.23% since September 13, 2018 and is downtrending. It has underperformed by 9.23% the S&P500.

Analysts await First Foundation Inc. (NASDAQ:FFWM) to report earnings on October, 22. They expect $0.37 earnings per share, up 12.12 % or $0.04 from last year’s $0.33 per share. FFWM’s profit will be $16.52 million for 10.26 P/E if the $0.37 EPS becomes a reality. After $0.28 actual earnings per share reported by First Foundation Inc. for the previous quarter, Wall Street now forecasts 32.14 % EPS growth.

Endicott Management Co holds 13.71% of its portfolio in First Foundation Inc. for 1.14 million shares. Mendon Capital Advisors Corp owns 750,000 shares or 1.58% of their US portfolio. Moreover, Banc Funds Co Llc has 1.49% invested in the company for 1.44 million shares. The New York-based Basswood Capital Management L.L.C. has invested 0.9% in the stock. Rmb Capital Management Llc, a Illinois-based fund reported 429,560 shares.

Since January 1, 0001, it had 2 insider purchases, and 0 insider sales for $24,785 activity.

More notable recent First Foundation Inc. (NASDAQ:FFWM) news were published by: Nasdaq.com which released: “First Foundation Inc. (FFWM) Ex-Dividend Date Scheduled for May 31, 2019 – Nasdaq” on May 30, 2019, also Finance.Yahoo.com with their article: “First Foundation (FFWM) Q2 Earnings and Revenues Top Estimates – Yahoo Finance” published on July 24, 2019, Finance.Yahoo.com published: “Here’s What Hedge Funds Think About HomeStreet Inc (HMST) – Yahoo Finance” on May 09, 2019. More interesting news about First Foundation Inc. (NASDAQ:FFWM) were released by: Businesswire.com and their article: “First Foundation Completes Acquisition of Premier Business Bank – Business Wire” published on June 01, 2018 as well as Finance.Yahoo.com‘s news article titled: “First Foundation Announces 2019 Second Quarter Financial Results – Yahoo Finance” with publication date: July 24, 2019.

First Foundation Inc. (NASDAQ:FFWM) Institutional Positions Chart

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