First Foundation IncFFWM
Market Cap: $383M
About: First Foundation Inc is a financial services company. It is engaged in providing investment management and financial planning services for high-net-worth individuals, retirement plans, charitable institutions, and private foundations. The company focuses on segments namely Banking and Wealth Management. It also offers loans to individuals and entities that own and operate multifamily residential and commercial real estate properties as well as business banking products and services to small to moderate-sized businesses, professional firms, and consumer banking products and services to individuals.
Employees: 567
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
78% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 36
0.29% more ownership
Funds ownership: 77.84% [Q1] → 78.14% (+0.29%) [Q2]
1% less funds holding
Funds holding: 154 [Q1] → 153 (-1) [Q2]
4% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 24
13% less capital invested
Capital invested by funds: $332M [Q1] → $290M (-$42.2M) [Q2]
50% less funds holding in top 10
Funds holding in top 10: 2 [Q1] → 1 (-1) [Q2]
95% less call options, than puts
Call options by funds: $108K | Put options by funds: $2.17M
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Stephens & Co. Andrew Terrell 65% 1-year accuracy 11 / 17 met price target | 3%upside $7 | Equal-Weight Maintained | 26 Jul 2024 |
Piper Sandler Matthew Clark 65% 1-year accuracy 11 / 17 met price target | 11%downside $6 | Neutral Maintained | 3 Jul 2024 |
Wedbush David Chiaverini 60% 1-year accuracy 31 / 52 met price target | 26%downside $5 | Neutral Maintained | 3 Jul 2024 |
DA Davidson Gary Tenner 78% 1-year accuracy 14 / 18 met price target | 33%upside $9 | Buy Upgraded | 3 Jul 2024 |