M3f buys $3,689,930 stake in First Foundation Inc (FFWM)

First Foundation Inc (FFWM) : M3f scooped up 70,990 additional shares in First Foundation Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 9, 2016. The investment management firm now holds a total of 149,269 shares of First Foundation Inc which is valued at $3,689,930.First Foundation Inc makes up approximately 3.12% of M3f’s portfolio.

Other Hedge Funds, Including , Victory Capital Management Inc boosted its stake in FFWM in the latest quarter, The investment management firm added 130 additional shares and now holds a total of 30,215 shares of First Foundation Inc which is valued at $746,915. Oxford Asset Management sold out all of its stake in FFWM during the most recent quarter. The investment firm sold 11,109 shares of FFWM which is valued $274,614.I.g. Investment Management Ltd. boosted its stake in FFWM in the latest quarter, The investment management firm added 7,829 additional shares and now holds a total of 28,542 shares of First Foundation Inc which is valued at $714,406.Cadence Capital Management boosted its stake in FFWM in the latest quarter, The investment management firm added 6,419 additional shares and now holds a total of 41,106 shares of First Foundation Inc which is valued at $971,746. First Foundation Inc makes up approx 0.07% of Cadence Capital Management’s portfolio.Rmb Capital Management boosted its stake in FFWM in the latest quarter, The investment management firm added 43,853 additional shares and now holds a total of 153,698 shares of First Foundation Inc which is valued at $3,633,421. First Foundation Inc makes up approx 0.25% of Rmb Capital Management’s portfolio.

First Foundation Inc (FFWM) witnessed a volatile trading activity on Wednesday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $24.74 and reached the intraday high at $24.8. The bulls started the profit booking and pushed the shares to intraday low of $24.65. The trading session was marked by a volume range of 19,019 shares exchanging hands. The 52-week high of the shares is $25.06 and the 52-week low is $19.87. The market cap of the company stands at $401 M and there are 1,62,20,575 shares in public circulation.

Many Wall Street Analysts have commented on First Foundation Inc. Company shares were Reiterated by FBR Capital on Jul 29, 2016 to “Outperform”, Firm has raised the Price Target to $ 28 from a previous price target of $26 .FBR Capital Initiated First Foundation Inc on Jul 1, 2016 to “Outperform”, Price Target of the shares are set at $26.

First Foundation Inc. is a financial services and bank holding company. The Company provides a platform of personalized financial services to high net-worth individuals and their families family businesses and other affiliated organizations. It conducts its operations through its wholly owned subsidiaries: First Foundation Advisors (FFA) and First Foundation Bank (FFB) and First Foundation Insurance Services (FFIS) a wholly owned subsidiary of FFB. The Company has two business segments: Banking and Investment Management Wealth Planning and Consulting (Wealth Management). Banking includes the operations of FFB and FFIS and Wealth Management includes the operations of FFA. FFB offers specialized services including trust services online banking remote deposit capture merchant credit card services ATM cards Visa debit cards business sweep accounts and through FFIS insurance brokerage services. FFA provides investment management and financial planning services.

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