45,792 Shares in WaFd, Inc. $WAFD Purchased by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL acquired a new position in shares of WaFd, Inc. (NASDAQ:WAFD - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 45,792 shares of the bank's stock, valued at approximately $1,387,000. Tudor Investment Corp ET AL owned approximately 0.06% of WaFd at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of WAFD. Northwestern Mutual Wealth Management Co. lifted its stake in shares of WaFd by 42.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,174 shares of the bank's stock worth $34,000 after buying an additional 352 shares in the last quarter. McIlrath & Eck LLC lifted its stake in shares of WaFd by 57.6% in the second quarter. McIlrath & Eck LLC now owns 1,327 shares of the bank's stock worth $39,000 after buying an additional 485 shares in the last quarter. Hantz Financial Services Inc. lifted its stake in shares of WaFd by 604.5% in the third quarter. Hantz Financial Services Inc. now owns 1,423 shares of the bank's stock worth $43,000 after buying an additional 1,221 shares in the last quarter. Danske Bank A S bought a new position in shares of WaFd in the third quarter worth approximately $51,000. Finally, Blue Trust Inc. lifted its stake in shares of WaFd by 36.0% in the third quarter. Blue Trust Inc. now owns 1,837 shares of the bank's stock worth $56,000 after buying an additional 486 shares in the last quarter. Institutional investors own 83.71% of the company's stock.

WaFd Stock Up 0.6%

Shares of WAFD stock opened at $32.73 on Tuesday. WaFd, Inc. has a 12 month low of $25.19 and a 12 month high of $34.29. The stock has a market cap of $2.48 billion, a P/E ratio of 11.33 and a beta of 0.83. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.89. The company has a 50 day simple moving average of $32.03 and a two-hundred day simple moving average of $31.58.

WaFd (NASDAQ:WAFD - Get Free Report) last announced its earnings results on Friday, January 16th. The bank reported $0.75 EPS for the quarter, missing analysts' consensus estimates of $0.76 by ($0.01). WaFd had a net margin of 17.45% and a return on equity of 8.67%. The business had revenue of $188.32 million for the quarter, compared to analysts' expectations of $193.36 million. On average, research analysts expect that WaFd, Inc. will post 2.56 earnings per share for the current year.

WaFd Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 13th were paid a $0.27 dividend. The ex-dividend date of this dividend was Friday, February 13th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 3.3%. WaFd's dividend payout ratio is 37.37%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on WAFD shares. Keefe, Bruyette & Woods upped their target price on shares of WaFd from $34.00 to $35.00 and gave the stock a "market perform" rating in a research note on Thursday, April 9th. Royal Bank Of Canada set a $34.00 price objective on shares of WaFd in a research report on Tuesday, January 20th. Piper Sandler lowered their price objective on shares of WaFd from $33.50 to $30.50 and set a "neutral" rating on the stock in a research report on Tuesday, January 20th. Wall Street Zen upgraded shares of WaFd from a "sell" rating to a "hold" rating in a research report on Sunday, February 8th. Finally, Weiss Ratings restated a "hold (c+)" rating on shares of WaFd in a research report on Monday, December 29th. Five investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $33.10.

Insider Activity

In other news, EVP Cathy E. Cooper sold 5,300 shares of the stock in a transaction on Friday, February 6th. The shares were sold at an average price of $33.77, for a total value of $178,981.00. Following the completion of the sale, the executive vice president directly owned 94,755 shares of the company's stock, valued at $3,199,876.35. This represents a 5.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.49% of the stock is currently owned by company insiders.

About WaFd

Washington Federal, Inc, doing business as WaFd Bank, is a publicly traded bank holding company headquartered in Seattle, Washington. Through its subsidiary, WaFd Bank, the company provides a range of banking and financial services to individuals, small-to-medium enterprises, and commercial clients. Established in 1917 as Ballard Savings & Loan in Seattle, the institution expanded over decades to serve customers across the Western United States under the Washington Federal name and has operated as a public company since the early 1980s.

WaFd Bank's core offerings encompass deposit accounts such as checking, savings, money market, and certificates of deposit, alongside consumer and commercial lending products.

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.