533,241 Shares in WaFd, Inc (NASDAQ:WAFD) Bought by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. bought a new position in shares of WaFd, Inc (NASDAQ:WAFD - Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 533,241 shares of the bank's stock, valued at approximately $18,583,000. Assenagon Asset Management S.A. owned 0.66% of WaFd as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently modified their holdings of WAFD. Mutual of America Capital Management LLC raised its stake in WaFd by 3.3% during the first quarter. Mutual of America Capital Management LLC now owns 11,703 shares of the bank's stock worth $340,000 after acquiring an additional 372 shares during the period. Ameritas Investment Partners Inc. raised its position in shares of WaFd by 5.7% during the 1st quarter. Ameritas Investment Partners Inc. now owns 6,887 shares of the bank's stock worth $200,000 after purchasing an additional 373 shares during the period. Commonwealth Equity Services LLC lifted its holdings in shares of WaFd by 1.6% in the 1st quarter. Commonwealth Equity Services LLC now owns 24,596 shares of the bank's stock worth $714,000 after purchasing an additional 382 shares during the last quarter. Louisiana State Employees Retirement System boosted its position in WaFd by 1.2% during the 2nd quarter. Louisiana State Employees Retirement System now owns 34,000 shares of the bank's stock valued at $972,000 after purchasing an additional 400 shares during the period. Finally, 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 worth $41,000 after buying an additional 531 shares during the last quarter. 83.71% of the stock is currently owned by institutional investors.

WaFd Price Performance

Shares of NASDAQ:WAFD traded down $0.41 during trading on Friday, reaching $33.75. The company had a trading volume of 432,738 shares, compared to its average volume of 447,867. The firm's fifty day moving average is $35.31 and its 200 day moving average is $31.54. The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.09 and a current ratio of 1.08. The firm has a market capitalization of $2.75 billion, a PE ratio of 12.83 and a beta of 0.83. WaFd, Inc has a twelve month low of $23.76 and a twelve month high of $37.49.

WaFd (NASDAQ:WAFD - Get Free Report) last issued its quarterly earnings results on Thursday, October 17th. The bank reported $0.71 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.70 by $0.01. WaFd had a return on equity of 9.44% and a net margin of 13.97%. The firm had revenue of $389.98 million during the quarter, compared to analyst estimates of $190.43 million. During the same period last year, the company posted $0.72 EPS. On average, equities analysts forecast that WaFd, Inc will post 2.99 EPS for the current year.

WaFd Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 6th. Investors of record on Friday, August 23rd were issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 3.08%. The ex-dividend date was Friday, August 23rd. WaFd's payout ratio is currently 39.54%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on WAFD shares. DA Davidson raised their target price on WaFd from $39.00 to $41.00 and gave the company a "buy" rating in a research note on Monday, October 21st. Piper Sandler reduced their target price on shares of WaFd from $36.00 to $35.00 and set a "neutral" rating for the company in a research note on Monday, October 21st. Stephens raised their price target on shares of WaFd from $32.00 to $36.00 and gave the company an "equal weight" rating in a research note on Thursday, July 18th. Keefe, Bruyette & Woods reiterated a "market perform" rating and set a $40.00 price objective on shares of WaFd in a research report on Monday, October 21st. Finally, StockNews.com cut WaFd from a "hold" rating to a "sell" rating in a research report on Thursday, October 3rd. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $38.00.

WaFd Company Profile

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.