Sei Investments Co. Has $1 Million Stock Holdings in WaFd, Inc (NASDAQ:WAFD)

Sei Investments Co. lowered its position in shares of WaFd, Inc (NASDAQ:WAFD - Free Report) by 44.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 31,032 shares of the bank's stock after selling 24,823 shares during the quarter. Sei Investments Co.'s holdings in WaFd were worth $1,000,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. McIlrath & Eck LLC boosted its holdings in shares of WaFd by 112.7% in the third quarter. McIlrath & Eck LLC now owns 1,323 shares of the bank's stock valued at $46,000 after buying an additional 701 shares during the period. Harbour Investments Inc. boosted its stake in WaFd by 29.6% in the 4th quarter. Harbour Investments Inc. now owns 1,752 shares of the bank's stock worth $56,000 after purchasing an additional 400 shares during the period. Blue Trust Inc. increased its holdings in WaFd by 68.4% during the 4th quarter. Blue Trust Inc. now owns 2,000 shares of the bank's stock worth $70,000 after purchasing an additional 812 shares in the last quarter. US Bancorp DE raised its stake in shares of WaFd by 136.7% in the 4th quarter. US Bancorp DE now owns 3,638 shares of the bank's stock valued at $117,000 after purchasing an additional 2,101 shares during the period. Finally, KBC Group NV boosted its position in shares of WaFd by 34.5% during the fourth quarter. KBC Group NV now owns 3,762 shares of the bank's stock worth $121,000 after buying an additional 965 shares during the period. Institutional investors own 83.71% of the company's stock.

WaFd Stock Performance

Shares of WaFd stock traded up $0.06 during trading on Friday, hitting $24.54. 546,870 shares of the stock were exchanged, compared to its average volume of 513,905. WaFd, Inc has a 1-year low of $23.75 and a 1-year high of $38.62. The stock has a market capitalization of $2.00 billion, a price-to-earnings ratio of 11.31 and a beta of 0.79. The company has a fifty day moving average price of $28.42 and a 200-day moving average price of $32.03. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.05.

WaFd (NASDAQ:WAFD - Get Free Report) last released its quarterly earnings data on Friday, April 11th. The bank reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.05. The firm had revenue of $179.79 million for the quarter, compared to analyst estimates of $184.17 million. WaFd had a return on equity of 8.78% and a net margin of 12.66%. As a group, equities analysts predict that WaFd, Inc will post 2.56 EPS for the current fiscal year.

WaFd Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 7th. Stockholders of record on Friday, February 21st were given a $0.27 dividend. The ex-dividend date was Friday, February 21st. This is a positive change from WaFd's previous quarterly dividend of $0.26. This represents a $1.08 annualized dividend and a dividend yield of 4.40%. WaFd's dividend payout ratio is presently 49.77%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on WAFD shares. DA Davidson cut WaFd from a "buy" rating to a "neutral" rating and cut their target price for the company from $35.00 to $32.00 in a research note on Thursday, February 6th. Piper Sandler reduced their target price on shares of WaFd from $37.00 to $31.00 and set a "neutral" rating for the company in a report on Tuesday, January 21st. StockNews.com upgraded shares of WaFd from a "sell" rating to a "hold" rating in a research note on Saturday. Stephens restated an "equal weight" rating and set a $38.00 price objective on shares of WaFd in a research note on Friday, January 17th. Finally, Keefe, Bruyette & Woods lowered their target price on WaFd from $42.00 to $34.00 and set a "market perform" rating on the stock in a research report on Tuesday, January 21st. Five investment analysts have rated the stock with a hold rating, According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $33.75.

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.