Segall Bryant & Hamill LLC cut its stake in shares of Washington Federal, Inc. (NASDAQ:WAFD) by 1.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 193,291 shares of the bank’s stock after selling 2,950 shares during the quarter. Segall Bryant & Hamill LLC owned approximately 0.22% of Washington Federal worth $6,504,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the company. Janus Henderson Group PLC acquired a new position in Washington Federal in the second quarter valued at approximately $22,965,000. FMR LLC boosted its holdings in shares of Washington Federal by 7.4% in the second quarter. FMR LLC now owns 8,016,631 shares of the bank’s stock valued at $266,152,000 after acquiring an additional 549,742 shares during the period. Principal Financial Group Inc. boosted its holdings in shares of Washington Federal by 124.4% in the second quarter. Principal Financial Group Inc. now owns 944,223 shares of the bank’s stock valued at $31,348,000 after acquiring an additional 523,355 shares during the period. Northern Trust Corp boosted its holdings in shares of Washington Federal by 12.8% in the second quarter. Northern Trust Corp now owns 3,039,627 shares of the bank’s stock valued at $100,916,000 after acquiring an additional 343,912 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Washington Federal by 487.1% in the third quarter. JPMorgan Chase & Co. now owns 311,752 shares of the bank’s stock valued at $10,584,000 after acquiring an additional 258,654 shares during the period. 83.39% of the stock is owned by institutional investors and hedge funds.

Shares of Washington Federal, Inc. (NASDAQ WAFD) opened at $34.35 on Friday. Washington Federal, Inc. has a 52 week low of $29.80 and a 52 week high of $35.95. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 1.11. The company has a market capitalization of $2,967.20, a P/E ratio of 17.60, a PEG ratio of 1.65 and a beta of 1.14.

Washington Federal (NASDAQ:WAFD) last released its quarterly earnings results on Wednesday, October 18th. The bank reported $0.52 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.49 by $0.03. Washington Federal had a return on equity of 8.63% and a net margin of 28.87%. The business had revenue of $128.69 million during the quarter, compared to analysts’ expectations of $121.46 million. research analysts forecast that Washington Federal, Inc. will post 2.07 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Monday, November 20th. Stockholders of record on Monday, November 6th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.75%. The ex-dividend date of this dividend was Friday, November 3rd. Washington Federal’s dividend payout ratio (DPR) is presently 30.93%.

Several research firms have recently weighed in on WAFD. ValuEngine raised Washington Federal from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Piper Jaffray Companies reissued a “hold” rating and issued a $34.00 price objective on shares of Washington Federal in a report on Friday, October 6th. Zacks Investment Research downgraded Washington Federal from a “buy” rating to a “hold” rating in a report on Monday, September 18th. Finally, Royal Bank Of Canada restated a “hold” rating and set a $35.00 price target on shares of Washington Federal in a research note on Friday, September 8th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $36.00.

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Washington Federal Profile

Washington Federal, Inc is a bank holding company. The Company conducts its operations through a federally insured national bank subsidiary, Washington Federal, National Association (the Bank). The business of the Bank consists primarily of accepting deposits from the general public and investing these funds in loans of various types, including first lien mortgages on single-family dwellings, construction loans, land acquisition and development loans, loans on multi-family, commercial real estate and other income producing properties, home equity loans and business loans.

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Institutional Ownership by Quarter for Washington Federal (NASDAQ:WAFD)

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