First Foundation Inc (FFWM) : Mendon Capital Advisors Corp scooped up 23,465 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 3, 2016. The investment management firm now holds a total of 528,144 shares of First Foundation Inc which is valued at $12,485,324.First Foundation Inc makes up approximately 2.27% of Mendon Capital Advisors Corp’s portfolio.
Other Hedge Funds, Including , Sg Americas Securities sold out all of its stake in FFWM during the most recent quarter. The investment firm sold 6,600 shares of FFWM which is valued $156,024.Integrated Wealth Management boosted its stake in FFWM in the latest quarter, The investment management firm added 2,160 additional shares and now holds a total of 2,284 shares of First Foundation Inc which is valued at $53,994. First Foundation Inc makes up approx 0.02% of Integrated Wealth Management’s portfolio.Emerald Mutual Fund Advisers Trust reduced its stake in FFWM by selling 68,399 shares or 32.5% in the most recent quarter. The Hedge Fund company now holds 142,037 shares of FFWM which is valued at $3,381,901. First Foundation Inc makes up approx 0.18% of Emerald Mutual Fund Advisers Trust’s portfolio. Strs Ohio added FFWM to its portfolio by purchasing 4,400 company shares during the most recent quarter which is valued at $99,704. Bnp Paribas Arbitrage Sa added FFWM to its portfolio by purchasing 522 company shares during the most recent quarter which is valued at $11,484.
First Foundation Inc closed down -0.14 points or -0.56% at $24.89 with 22,943 shares getting traded on Monday. Post opening the session at $24.9, the shares hit an intraday low of $24.81 and an intraday high of $25.05 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
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.