Colony Group LLC reduced its position in shares of Washington Federal, Inc. (NASDAQ:WAFD) by 2.4% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 64,642 shares of the bank’s stock after selling 1,580 shares during the quarter. Colony Group LLC owned 0.07% of Washington Federal worth $2,175,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Creative Planning grew its stake in shares of Washington Federal by 3.1% during the 2nd quarter. Creative Planning now owns 3,327 shares of the bank’s stock valued at $110,000 after purchasing an additional 101 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Washington Federal by 7.9% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,117 shares of the bank’s stock valued at $137,000 after acquiring an additional 301 shares during the period. Public Employees Retirement System of Ohio grew its stake in shares of Washington Federal by 1.1% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 5,522 shares of the bank’s stock valued at $183,000 after acquiring an additional 62 shares during the period. Adviser Investments LLC bought a new position in shares of Washington Federal during the 3rd quarter valued at approximately $222,000. Finally, Raymond James Financial Services Advisors Inc. grew its stake in shares of Washington Federal by 1.9% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 6,641 shares of the bank’s stock valued at $220,000 after acquiring an additional 127 shares during the period. Institutional investors and hedge funds own 83.39% of the company’s stock.

Washington Federal, Inc. (NASDAQ:WAFD) opened at $34.00 on Thursday. The stock has a market capitalization of $2,970.00, a P/E ratio of 17.50, a P/E/G ratio of 1.64 and a beta of 1.14. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.02 and a current ratio of 1.02. Washington Federal, Inc. has a 52 week low of $29.80 and a 52 week high of $35.95.

Washington Federal (NASDAQ:WAFD) last posted its quarterly earnings results on Wednesday, October 18th. The bank reported $0.52 EPS for the quarter, topping the Zacks’ 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 company had revenue of $128.69 million for the quarter, compared to analysts’ expectations of $121.46 million. research analysts predict that Washington Federal, Inc. will post 2.07 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Monday, November 20th. Investors of record on Monday, November 6th were issued a $0.15 dividend. The ex-dividend date was Friday, November 3rd. This represents a $0.60 dividend on an annualized basis and a yield of 1.76%. Washington Federal’s dividend payout ratio is presently 30.77%.

WAFD has been the subject of a number of recent research reports. Zacks Investment Research upgraded Washington Federal from a “hold” rating to a “buy” rating and set a $40.00 price objective for the company in a research note on Monday, October 23rd. Royal Bank of Canada reiterated a “hold” rating and set a $36.00 price objective on shares of Washington Federal in a research note on Friday, October 20th. ValuEngine downgraded Washington Federal from a “buy” rating to a “hold” rating in a research note on Saturday, November 25th. Finally, Piper Jaffray Companies reiterated a “hold” rating and set a $34.00 price objective on shares of Washington Federal in a research note on Friday, October 6th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $36.00.

TRADEMARK VIOLATION NOTICE: “Colony Group LLC Sells 1,580 Shares of Washington Federal, Inc. (WAFD)” was first reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this piece of content on another publication, it was illegally copied and reposted in violation of US & international copyright and trademark law. The legal version of this piece of content can be viewed at https://www.thecerbatgem.com/2017/12/14/colony-group-llc-sells-1580-shares-of-washington-federal-inc-wafd.html.

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.

Want to see what other hedge funds are holding WAFD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Washington Federal, Inc. (NASDAQ:WAFD).

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

Receive News & Stock Ratings for Washington Federal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Washington Federal and related stocks with our FREE daily email newsletter.