First Foundation Inc. (FFWM) Trades at $18.89 After Triangle; Water Asset Management Trimmed By $2.26 Million Its Sjw Group (SJW) Position

First Foundation Inc. (NASDAQ:FFWM) Logo

Water Asset Management Llc decreased Sjw Group (SJW) stake by 29.23% reported in 2017Q4 SEC filing. Water Asset Management Llc sold 35,900 shares as Sjw Group (SJW)’s stock declined 15.63%. The Water Asset Management Llc holds 86,908 shares with $5.55 million value, down from 122,808 last quarter. Sjw Group now has $1.22 billion valuation. The stock increased 0.41% or $0.24 during the last trading session, reaching $59.31. About 98,564 shares traded. SJW Group (NYSE:SJW) has risen 10.30% since May 18, 2017 and is uptrending. It has underperformed by 1.25% the S&P500.

First Foundation Inc. (FFWM) formed triangle with $17.19 target or 9.00% below today’s $18.89 share price. First Foundation Inc. (FFWM) has $738.19M valuation. The stock increased 0.80% or $0.15 during the last trading session, reaching $18.89. About 55,937 shares traded. First Foundation Inc. (NASDAQ:FFWM) has risen 18.77% since May 18, 2017 and is uptrending. It has outperformed by 7.22% the S&P500.

Among 2 analysts covering SJW Corp (NYSE:SJW), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. SJW Corp had 4 analyst reports since February 22, 2016 according to SRatingsIntel. The company was upgraded on Monday, February 22 by Robert W. Baird. Janney Capital upgraded the stock to “Buy” rating in Friday, July 28 report. As per Thursday, April 26, the company rating was downgraded by Janney Capital.

More notable recent SJW Group (NYSE:SJW) news were published by: Seekingalpha.com which released: “SJW Group rejects California Water offer” on April 26, 2018, also Streetinsider.com with their article: “California Water Service (CWT) Responds to SJW Group’s (SJW) ‘Deceptive’ Letter to Stockholders” published on May 11, 2018, Businesswire.com published: “SJW Group Remains Committed to Merger of Equals with Connecticut Water and its Potential to Create Significant …” on April 20, 2018. More interesting news about SJW Group (NYSE:SJW) were released by: Patch.com and their article: “Connecticut Water, SJW Group Merger On Pace To Close This Year” published on April 30, 2018 as well as Seekingalpha.com‘s news article titled: “SJW’s (SJW) CEO Eric Thornburg on Q1 2018 Results – Earnings Call Transcript” with publication date: April 26, 2018.

Investors sentiment decreased to 0.8 in Q4 2017. Its down 0.70, from 1.5 in 2017Q3. It worsened, as 18 investors sold SJW shares while 52 reduced holdings. 20 funds opened positions while 36 raised stakes. 11.03 million shares or 0.07% less from 11.04 million shares in 2017Q3 were reported. 2,676 were accumulated by Hanson Mcclain. Manchester Capital Mngmt Ltd Liability holds 0.14% or 14,911 shares. Gabelli Funds Ltd Llc stated it has 330,000 shares or 0.12% of all its holdings. Bnp Paribas Arbitrage Sa has invested 0% in SJW Group (NYSE:SJW). Prudential stated it has 117,567 shares or 0.01% of all its holdings. California Employees Retirement System holds 23,230 shares. Pennsylvania-based Vanguard Group Inc has invested 0% in SJW Group (NYSE:SJW). Us Financial Bank De holds 0% or 173 shares in its portfolio. Aqr Capital Management Lc stated it has 0.01% of its portfolio in SJW Group (NYSE:SJW). Sei Investments has invested 0% in SJW Group (NYSE:SJW). Wedge Cap Mngmt L Limited Partnership Nc holds 0% or 7,859 shares. Cubist Systematic Strategies Ltd Limited Liability Company holds 0.03% of its portfolio in SJW Group (NYSE:SJW) for 7,936 shares. Deutsche National Bank & Trust Ag reported 0% stake. Geode Capital Management Lc accumulated 138,569 shares or 0% of the stock. Amp Investors reported 0.01% of its portfolio in SJW Group (NYSE:SJW).

Analysts await SJW Group (NYSE:SJW) to report earnings on July, 25. They expect $0.72 earnings per share, up 5.88% or $0.04 from last year’s $0.68 per share. SJW’s profit will be $14.82 million for 20.59 P/E if the $0.72 EPS becomes a reality. After $0.19 actual earnings per share reported by SJW Group for the previous quarter, Wall Street now forecasts 278.95% EPS growth.

Analysts await First Foundation Inc. (NASDAQ:FFWM) to report earnings on July, 25. They expect $0.28 earnings per share, 0.00% or $0.00 from last year’s $0.28 per share. FFWM’s profit will be $10.94 million for 16.87 P/E if the $0.28 EPS becomes a reality. After $0.23 actual earnings per share reported by First Foundation Inc. for the previous quarter, Wall Street now forecasts 21.74% EPS growth.

Among 4 analysts covering First Foundation (NASDAQ:FFWM), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. First Foundation has $31 highest and $18 lowest target. $20.13’s average target is 6.56% above currents $18.89 stock price. First Foundation had 12 analyst reports since October 23, 2015 according to SRatingsIntel. FBR Capital maintained the shares of FFWM in report on Friday, October 28 with “Outperform” rating. FBR Capital upgraded First Foundation Inc. (NASDAQ:FFWM) on Thursday, June 22 to “Outperform” rating. The stock of First Foundation Inc. (NASDAQ:FFWM) earned “Outperform” rating by FBR Capital on Friday, July 29. The firm has “Buy” rating by FBR Capital given on Thursday, February 1. FBR Capital maintained the shares of FFWM in report on Tuesday, December 19 with “Buy” rating. The firm has “Buy” rating by Sandler O’Neill given on Thursday, March 29. The stock has “Mkt Perform” rating by FBR Capital on Tuesday, December 20. FBR Capital maintained it with “Buy” rating and $2100 target in Monday, July 17 report. On Friday, July 1 the stock rating was initiated by FBR Capital with “Outperform”.

Investors sentiment decreased to 2.21 in Q4 2017. Its down 0.92, from 3.13 in 2017Q3. It is negative, as 6 investors sold First Foundation Inc. shares while 18 reduced holdings. 14 funds opened positions while 39 raised stakes. 19.43 million shares or 47.61% less from 37.09 million shares in 2017Q3 were reported. Millennium Ltd Llc reported 0% stake. Geode Capital Mgmt Limited Liability Company invested 0% in First Foundation Inc. (NASDAQ:FFWM). Indexiq Advsrs Ltd holds 90,823 shares. Jpmorgan Chase Communications stated it has 115,218 shares. Northwestern Mutual Wealth Mngmt Com stated it has 0% in First Foundation Inc. (NASDAQ:FFWM). D E Shaw & Inc owns 35,899 shares. Clarivest Asset Mgmt Ltd Llc, California-based fund reported 16,406 shares. Stifel Fincl holds 0.01% or 90,000 shares. Barclays Public owns 4,727 shares. Moreover, Pdt Ptnrs Llc has 0.01% invested in First Foundation Inc. (NASDAQ:FFWM). 691,501 were accumulated by Rmb Capital Mgmt. Essex Mgmt Co Ltd Liability Co reported 92,434 shares. Emerald Mutual Fund Advisers Tru stated it has 0.43% of its portfolio in First Foundation Inc. (NASDAQ:FFWM). 352,400 were accumulated by Stieven Advsrs L P. Fmr Limited Co invested in 0% or 1.71 million shares.

SJW Group (NYSE:SJW) Institutional Positions Chart