<div id="readability-page-1"><p>Fourthstone LLC lifted its stake in  First Foundation Inc. (NASDAQ:FFWM - Free Report) by 58.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 670,016 shares of the bank's stock after purchasing an additional 247,636 shares during the quarter. Fourthstone LLC owned 0.81% of First Foundation worth $3,417,000 as of its most recent filing with the Securities and Exchange Commission (SEC).</p><div><p><span></span><span>Get <strong>First Foundation</strong> alerts:</span></p></div><p>Several other institutional investors also recently bought and sold shares of FFWM. Mirabella Financial Services LLP raised its holdings in  First Foundation by 51.2% in the second quarter. Mirabella Financial Services LLP now owns 903,630 shares of the bank's stock worth $4,609,000 after buying an additional 305,860 shares during the last quarter.  FLC Capital Advisors grew its holdings in shares of  First Foundation by 5.2% during the second quarter. FLC Capital Advisors now owns 148,171 shares of the bank's stock valued at $756,000 after buying an additional 7,366 shares during the last quarter.  Mendon Capital Advisors Corp increased its position in shares of  First Foundation by 23.2% during the first quarter. Mendon Capital Advisors Corp now owns 460,386 shares of the bank's stock valued at $2,389,000 after acquiring an additional 86,675 shares in the last quarter.  Goldman Sachs Group Inc. raised its holdings in  First Foundation by 28.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 618,288 shares of the bank's stock worth $3,209,000 after acquiring an additional 136,308 shares during the last quarter.  Finally, Curi RMB Capital LLC lifted its position in  First Foundation by 26.8% in the 1st quarter. Curi RMB Capital LLC now owns 400,000 shares of the bank's stock valued at $2,076,000 after acquiring an additional 84,500 shares in the last quarter. 73.10% of the stock is owned by hedge funds and other institutional investors. </p><h2>Wall Street Analysts Forecast Growth</h2><p>FFWM has been the subject of a number of research analyst reports. Piper Sandler  set a $6.75 target price on First Foundation and gave the stock an &#34;overweight&#34; rating in a report on Monday, November 3rd. Stephens upgraded First Foundation from an &#34;underperform&#34; rating to an &#34;overweight&#34; rating in a report on Friday, October 31st. Finally, DA Davidson  reissued a &#34;neutral&#34; rating and set a $6.00 price objective (down from $8.50) on shares of First Foundation in a report on Thursday, October 30th. Three investment analysts have rated the stock with a Buy rating and one  has given a Hold rating to the company. Based on data from MarketBeat.com, the company  has an average rating of &#34;Moderate Buy&#34; and an average target price of $6.58.</p><p><b>Get Our Latest Report on FFWM</b></p><h2>First Foundation Trading Up 3.2%</h2><p>Shares of First Foundation stock opened at $6.03 on Thursday. First Foundation Inc. has a 1-year low of $4.41 and a 1-year high of $7.83. The company's fifty day simple moving average is $5.44 and its 200-day simple moving average is $5.44. The company has a debt-to-equity ratio of 1.80, a current ratio of 1.04 and a quick ratio of 0.87. The stock has a market capitalization of $499.38 million, a PE ratio of -4.50 and a beta of 0.96. </p><h2>First Foundation Profile</h2> (Free Report)<p>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.</p><h2>See Also</h2><ul><li>Five stocks we like better than First Foundation</li><li>TSX Venture Exchange (Formerly Canadian Venture Exchange)</li><li>Market Momentum: 3 Stocks Poised for Major Breakouts</li><li>P/E Ratio Calculation: How to Assess Stocks</li><li>3 Reasons Casey’s General Stores Will Continue Trending Higher</li><li>Upcoming IPO Stock Lockup Period, Explained</li><li>Golden Cross Alert: 3 Stocks With Major Upside Potential</li></ul><p><strong>Want to see what other hedge funds are holding FFWM?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Foundation Inc. (NASDAQ:FFWM - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9RkZXTQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9RkZXTQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in First Foundation Right Now?</h2><p>Before you consider First Foundation, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and First Foundation wasn't on the list.</p><p>While First Foundation currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

FFWM

<p>Fourthstone LLC increased its stake in First Foundation Inc. by 58.6% in Q2, purchasing an additional 247,636 shares. The fund now owns 670,016 shares, valued at $3,417,000. Other institutional investors also increased their holdings. Analysts have given the stock a 'Moderate Buy' rating with an average target price of $6.58. First Foundation's stock opened at $6.03, with a market cap of $499.38 million.</p>

Fourthstone LLC Buys 247,636 Shares of First Foundation Inc. $FFWM