Dupont Capital Management Corp lifted its position in Washington Federal Inc. (NASDAQ:WAFD) by 71.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,065 shares of the bank’s stock after purchasing an additional 10,425 shares during the period. Dupont Capital Management Corp’s holdings in Washington Federal were worth $673,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Profund Advisors LLC lifted its stake in shares of Washington Federal by 3.0% in the 4th quarter. Profund Advisors LLC now owns 10,004 shares of the bank’s stock valued at $367,000 after purchasing an additional 288 shares during the period. Magnus Financial Group LLC lifted its stake in shares of Washington Federal by 3.6% in the 1st quarter. Magnus Financial Group LLC now owns 12,925 shares of the bank’s stock valued at $336,000 after purchasing an additional 449 shares during the period. State of Alaska Department of Revenue lifted its stake in shares of Washington Federal by 4.6% in the 1st quarter. State of Alaska Department of Revenue now owns 13,473 shares of the bank’s stock valued at $349,000 after purchasing an additional 596 shares during the period. Dorsey & Whitney Trust CO LLC increased its holdings in Washington Federal by 9.8% in the 1st quarter. Dorsey & Whitney Trust CO LLC now owns 9,722 shares of the bank’s stock worth $252,000 after acquiring an additional 868 shares in the last quarter. Finally, GSA Capital Partners LLP increased its holdings in Washington Federal by 16.5% in the 1st quarter. GSA Capital Partners LLP now owns 8,147 shares of the bank’s stock worth $211,000 after acquiring an additional 1,156 shares in the last quarter. Hedge funds and other institutional investors own 80.47% of the company’s stock.

Washington Federal stock opened at $23.34 on Friday. Washington Federal Inc. has a 52-week low of $20.92 and a 52-week high of $38.26. The firm has a market capitalization of $1.81 billion, a price-to-earnings ratio of 9.53 and a beta of 0.98. The company has a fifty day simple moving average of $25.17 and a 200-day simple moving average of $27.99. The company has a quick ratio of 1.10, a current ratio of 1.05 and a debt-to-equity ratio of 1.41.

Washington Federal (NASDAQ:WAFD) last released its earnings results on Wednesday, July 22nd. The bank reported $0.46 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.38 by $0.08. Washington Federal had a net margin of 25.93% and a return on equity of 8.46%. The business had revenue of $130.65 million during the quarter, compared to analyst estimates of $131.40 million. On average, research analysts anticipate that Washington Federal Inc. will post 2.01 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 21st. Stockholders of record on Friday, August 7th will be issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.77%. The ex-dividend date of this dividend is Thursday, August 6th. Washington Federal’s payout ratio is 33.72%.

In other news, CEO Brent J. Beardall acquired 4,167 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The stock was purchased at an average price of $23.42 per share, with a total value of $97,591.14. Following the completion of the acquisition, the chief executive officer now owns 264,579 shares of the company’s stock, valued at approximately $6,196,440.18. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Randall H. Talbot acquired 5,300 shares of the company’s stock in a transaction that occurred on Tuesday, July 28th. The stock was purchased at an average cost of $23.16 per share, with a total value of $122,748.00. Following the acquisition, the director now directly owns 39,743 shares of the company’s stock, valued at approximately $920,447.88. The disclosure for this purchase can be found here. 1.21% of the stock is owned by corporate insiders.

Several equities research analysts recently commented on WAFD shares. Piper Sandler boosted their price target on shares of Washington Federal from $25.00 to $25.50 and gave the stock a “neutral” rating in a report on Monday, July 27th. Zacks Investment Research raised shares of Washington Federal from a “sell” rating to a “hold” rating and set a $27.00 price target for the company in a report on Monday, July 6th. Finally, BidaskClub lowered shares of Washington Federal from a “sell” rating to a “strong sell” rating in a report on Thursday. One analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $29.50.

About Washington Federal

Washington Federal, Inc operates as the bank holding company for Washington Federal, National Association that provides lending, depository, insurance, and other banking services in the United States. The company accepts 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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Institutional Ownership by Quarter for Washington Federal (NASDAQ:WAFD)

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