Bensler LLC Invests $89,000 in First Northwest Bancorp $FNWB

Bensler LLC acquired a new stake in First Northwest Bancorp (NASDAQ:FNWB) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 11,592 shares of the financial services provider’s stock, valued at approximately $89,000. Bensler LLC owned 0.12% of First Northwest Bancorp at the end of the most recent reporting period.

Separately, Huber Capital Management LLC acquired a new stake in First Northwest Bancorp in the first quarter worth $154,000. 66.11% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of First Northwest Bancorp in a report on Friday, October 31st. UBS Group raised First Northwest Bancorp to a “neutral” rating in a research note on Friday. Zacks Research lowered First Northwest Bancorp from a “hold” rating to a “strong sell” rating in a report on Friday, October 31st. Finally, Piper Sandler upgraded First Northwest Bancorp from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $10.50 to $13.50 in a report on Friday. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, First Northwest Bancorp has an average rating of “Hold” and an average target price of $13.50.

First Northwest Bancorp Trading Up 2.9%

NASDAQ:FNWB opened at $9.08 on Friday. The company has a debt-to-equity ratio of 2.30, a current ratio of 1.04 and a quick ratio of 1.04. First Northwest Bancorp has a one year low of $6.05 and a one year high of $12.10. The company has a market cap of $85.53 million, a PE ratio of 25.22 and a beta of 0.79. The firm has a 50-day moving average of $7.89 and a 200-day moving average of $8.27.

First Northwest Bancorp (NASDAQ:FNWB) last released its quarterly earnings results on Monday, October 27th. The financial services provider reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.09). The company had revenue of $16.57 million for the quarter, compared to analyst estimates of $17.25 million. First Northwest Bancorp had a net margin of 2.67% and a return on equity of 2.11%. As a group, equities research analysts expect that First Northwest Bancorp will post 0.5 EPS for the current fiscal year.

About First Northwest Bancorp

First Northwest Bancorp operates as a bank holding company for First Fed Bank that provides commercial and consumer banking services to individuals, businesses, and nonprofit organizations in western Washington, the United States. The company accepts various deposit instruments, including checking, money market deposit, savings, and transaction accounts, as well as certificates of deposit.