Barclays PLC increased its position in shares of WaFd, Inc (NASDAQ:WAFD - Free Report) by 33.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 161,958 shares of the bank's stock after acquiring an additional 40,499 shares during the quarter. Barclays PLC owned 0.20% of WaFd worth $5,643,000 as of its most recent SEC filing.
Several other hedge funds have also made changes to their positions in WAFD. Blue Trust Inc. grew its stake in WaFd by 80.8% during the 3rd quarter. Blue Trust Inc. now owns 1,188 shares of the bank's stock valued at $41,000 after acquiring an additional 531 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in WaFd by 100.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,644 shares of the bank's stock valued at $47,000 after purchasing an additional 822 shares in the last quarter. GAMMA Investing LLC increased its stake in WaFd by 515.8% in the 3rd quarter. GAMMA Investing LLC now owns 1,558 shares of the bank's stock valued at $54,000 after buying an additional 1,305 shares during the period. Covestor Ltd lifted its position in WaFd by 60.1% in the 3rd quarter. Covestor Ltd now owns 1,904 shares of the bank's stock worth $66,000 after buying an additional 715 shares in the last quarter. Finally, nVerses Capital LLC acquired a new stake in shares of WaFd during the 2nd quarter valued at $80,000. Hedge funds and other institutional investors own 83.71% of the company's stock.
Analysts Set New Price Targets
A number of research firms have recently weighed in on WAFD. StockNews.com raised shares of WaFd from a "sell" rating to a "hold" rating in a research note on Tuesday, November 12th. Keefe, Bruyette & Woods reaffirmed a "market perform" rating and set a $40.00 price target on shares of WaFd in a research note on Monday, October 21st. DA Davidson boosted their price target on WaFd from $39.00 to $41.00 and gave the company a "buy" rating in a research note on Monday, October 21st. Finally, Piper Sandler dropped their price objective on WaFd from $36.00 to $35.00 and set a "neutral" rating on the stock in a report on Monday, October 21st. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $38.00.
Read Our Latest Analysis on WAFD
WaFd Stock Up 2.2 %
Shares of NASDAQ WAFD traded up $0.69 during mid-day trading on Friday, reaching $32.64. 2,166,313 shares of the company traded hands, compared to its average volume of 447,592. The company's fifty day moving average is $35.62 and its two-hundred day moving average is $33.67. The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.08 and a current ratio of 1.08. WaFd, Inc has a fifty-two week low of $25.78 and a fifty-two week high of $38.62. The stock has a market cap of $2.66 billion, a PE ratio of 13.16 and a beta of 0.84.
WaFd (NASDAQ:WAFD - Get Free Report) last announced its quarterly earnings results on Thursday, October 17th. The bank reported $0.71 EPS for the quarter, beating the consensus estimate of $0.70 by $0.01. The company had revenue of $389.98 million for the quarter, compared to the consensus estimate of $190.43 million. WaFd had a return on equity of 9.44% and a net margin of 13.97%. During the same quarter last year, the company posted $0.72 earnings per share. On average, analysts expect that WaFd, Inc will post 2.82 earnings per share for the current year.
WaFd Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, November 22nd were given a $0.26 dividend. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $1.04 annualized dividend and a dividend yield of 3.19%. WaFd's dividend payout ratio is 41.94%.
Insider Transactions at WaFd
In other WaFd news, EVP Ryan Mauer sold 12,132 shares of the company's stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $33.33, for a total value of $404,359.56. Following the completion of the transaction, the executive vice president now owns 100,376 shares of the company's stock, valued at $3,345,532.08. This represents a 10.78 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 2.25% of the stock is currently owned by corporate insiders.
About WaFd
(
Free Report)
WaFd, Inc operates as the bank holding company for Washington Federal Bank that provides lending, depository, insurance, and other banking services in the United States. The company offers deposit products, including business and personal checking accounts, and term certificates of deposit, as well as money market accounts and passbook savings accounts.
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