First Western Financial, Inc. (NASDAQ:MYFW) Shares Sold by First Western Trust Bank

First Western Trust Bank trimmed its position in shares of First Western Financial, Inc. (NASDAQ:MYFW – Get Rating) by 7.3% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 126,772 shares of the company’s stock after selling 9,987 shares during the quarter. First Western Trust Bank’s holdings in First Western Financial were worth $3,569,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. North Reef Capital Management LP lifted its stake in First Western Financial by 502.1% during the 3rd quarter. North Reef Capital Management LP now owns 287,296 shares of the company’s stock worth $7,082,000 after acquiring an additional 239,582 shares in the last quarter. Alliancebernstein L.P. lifted its stake in First Western Financial by 33.4% during the 3rd quarter. Alliancebernstein L.P. now owns 295,213 shares of the company’s stock worth $7,277,000 after acquiring an additional 73,865 shares in the last quarter. State Street Corp lifted its stake in First Western Financial by 188.7% during the 2nd quarter. State Street Corp now owns 84,371 shares of the company’s stock worth $2,294,000 after acquiring an additional 55,147 shares in the last quarter. Northern Trust Corp lifted its stake in First Western Financial by 268.6% during the 2nd quarter. Northern Trust Corp now owns 72,048 shares of the company’s stock worth $1,959,000 after acquiring an additional 52,504 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in First Western Financial by 41.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 101,877 shares of the company’s stock valued at $2,511,000 after purchasing an additional 29,791 shares in the last quarter. 51.34% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. Keefe, Bruyette & Woods reduced their price target on First Western Financial from $36.00 to $32.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 31st. TheStreet lowered First Western Financial from a “b-” rating to a “c+” rating in a research report on Monday, May 1st.

First Western Financial Stock Performance

NASDAQ:MYFW traded up $0.01 during mid-day trading on Friday, reaching $17.22. 2,573 shares of the stock were exchanged, compared to its average volume of 19,205. The company has a 50 day simple moving average of $17.78 and a 200-day simple moving average of $23.92. The stock has a market capitalization of $164.28 million, a P/E ratio of 8.40 and a beta of 0.68. The company has a quick ratio of 1.15, a current ratio of 1.16 and a debt-to-equity ratio of 1.31. First Western Financial, Inc. has a 1 year low of $13.00 and a 1 year high of $32.94.

First Western Financial (NASDAQ:MYFW – Get Rating) last announced its earnings results on Thursday, April 27th. The company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.46 by ($0.07). First Western Financial had a net margin of 14.16% and a return on equity of 8.71%. The company had revenue of $25.38 million during the quarter, compared to analysts’ expectations of $27.20 million. Analysts anticipate that First Western Financial, Inc. will post 1.83 earnings per share for the current fiscal year.

First Western Financial Profile

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First Western Financial, Inc operates as a financial holding company, which engages in the provision of wealth managements services. It operates through the following business segments: Wealth Management, Capital Management, and Mortgage. The Wealth Management segment consists of operations relating to its fully integrated wealth management business.