13,667 Shares in WaFd, Inc. $WAFD Bought by Elo Mutual Pension Insurance Co

Elo Mutual Pension Insurance Co bought a new position in shares of WaFd, Inc. (NASDAQ:WAFD) during the 2nd quarter, Holdings Channel.com reports. The firm bought 13,667 shares of the bank’s stock, valued at approximately $400,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. XTX Topco Ltd increased its holdings in shares of WaFd by 203.4% during the 2nd quarter. XTX Topco Ltd now owns 27,953 shares of the bank’s stock valued at $818,000 after acquiring an additional 18,740 shares during the last quarter. Prudential Financial Inc. grew its holdings in WaFd by 41.8% during the second quarter. Prudential Financial Inc. now owns 113,166 shares of the bank’s stock valued at $3,314,000 after purchasing an additional 33,336 shares during the last quarter. American Century Companies Inc. raised its position in shares of WaFd by 4.5% in the second quarter. American Century Companies Inc. now owns 2,036,490 shares of the bank’s stock valued at $59,628,000 after purchasing an additional 87,956 shares during the period. Rhumbline Advisers lifted its stake in shares of WaFd by 2.5% in the second quarter. Rhumbline Advisers now owns 242,873 shares of the bank’s stock worth $7,111,000 after buying an additional 5,964 shares during the last quarter. Finally, AlphaCore Capital LLC boosted its holdings in shares of WaFd by 99.9% during the 2nd quarter. AlphaCore Capital LLC now owns 33,571 shares of the bank’s stock worth $983,000 after buying an additional 16,780 shares during the period. Institutional investors and hedge funds own 83.71% of the company’s stock.

Insider Activity at WaFd

In related news, Director Sean Singleton sold 1,004 shares of the company’s stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $31.71, for a total value of $31,836.84. Following the completion of the transaction, the director directly owned 9,278 shares in the company, valued at approximately $294,205.38. This represents a 9.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Brent J. Beardall purchased 3,000 shares of the firm’s stock in a transaction on Wednesday, November 26th. The shares were acquired at an average price of $16.55 per share, for a total transaction of $49,650.00. Following the purchase, the chief executive officer directly owned 3,000 shares of the company’s stock, valued at approximately $49,650. This represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 1.46% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of WaFd in a research note on Wednesday, October 8th. Keefe, Bruyette & Woods lowered their price target on WaFd from $32.00 to $31.00 and set a “market perform” rating on the stock in a research report on Monday, October 20th. Finally, Wall Street Zen lowered WaFd from a “hold” rating to a “sell” rating in a research note on Saturday, October 18th. Five analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $32.00.

WaFd Price Performance

Shares of WaFd stock opened at $31.68 on Friday. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.96 and a quick ratio of 0.98. The company has a market cap of $2.43 billion, a PE ratio of 12.00 and a beta of 0.89. The firm has a fifty day moving average price of $30.10 and a two-hundred day moving average price of $30.02. WaFd, Inc. has a fifty-two week low of $23.75 and a fifty-two week high of $37.26.

WaFd (NASDAQ:WAFD) last announced its quarterly earnings data on Tuesday, October 28th. The bank reported $0.72 EPS for the quarter. WaFd had a net margin of 16.02% and a return on equity of 8.40%. The business had revenue of $187.62 million during the quarter. Analysts expect that WaFd, Inc. will post 2.56 EPS for the current year.

WaFd Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 5th. Shareholders of record on Friday, November 21st will be given a $0.27 dividend. The ex-dividend date is Friday, November 21st. This represents a $1.08 dividend on an annualized basis and a dividend yield of 3.4%. WaFd’s dividend payout ratio (DPR) is currently 40.91%.

WaFd 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.