Susquehanna International Group LLP decreased its holdings in shares of WaFd, Inc. (NASDAQ:WAFD - Free Report) by 71.4% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 18,589 shares of the bank's stock after selling 46,377 shares during the period. Susquehanna International Group LLP's holdings in WaFd were worth $713,000 as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in the stock. Royal Bank of Canada raised its position in WaFd by 14.5% during the first quarter. Royal Bank of Canada now owns 22,011 shares of the bank's stock valued at $629,000 after purchasing an additional 2,783 shares in the last quarter. AQR Capital Management LLC increased its stake in shares of WaFd by 271.2% in the first quarter. AQR Capital Management LLC now owns 30,794 shares of the bank's stock worth $867,000 after buying an additional 22,499 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of WaFd by 26.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 48,094 shares of the bank's stock worth $1,375,000 after purchasing an additional 10,092 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of WaFd by 9.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 246,467 shares of the bank's stock worth $7,044,000 after buying an additional 20,865 shares during the last quarter. Finally, Jane Street Group LLC increased its position in WaFd by 862.6% during the 1st quarter. Jane Street Group LLC now owns 69,306 shares of the bank's stock valued at $1,981,000 after purchasing an additional 62,106 shares during the period. Institutional investors own 83.71% of the company's stock.
Analyst Ratings Changes
WAFD has been the topic of several research reports. DA Davidson lifted their price target on WaFd from $38.00 to $40.00 and gave the company a "neutral" rating in a research report on Monday, July 20th. Zacks Research lowered shares of WaFd from a "strong-buy" rating to a "hold" rating in a report on Monday, June 22nd. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of WaFd in a report on Wednesday, August 19th. One research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $37.00.
View Our Latest Research Report on WAFD
WaFd Price Performance
NASDAQ WAFD opened at $35.76 on Tuesday. The company has a 50-day moving average price of $37.38 and a 200-day moving average price of $34.99. WaFd, Inc. has a 52 week low of $26.31 and a 52 week high of $39.49. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.20. The firm has a market capitalization of $2.65 billion, a P/E ratio of 11.28 and a beta of 0.84.
WaFd (NASDAQ:WAFD - Get Free Report) last announced its earnings results on Friday, July 17th. The bank reported $0.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($0.01). WaFd had a net margin of 18.47% and a return on equity of 8.98%. The business had revenue of $205.52 million for the quarter, compared to the consensus estimate of $199.56 million. Equities research analysts anticipate that WaFd, Inc. will post 3.21 earnings per share for the current year.
WaFd Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Friday, August 21st will be paid a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Friday, August 21st. WaFd's dividend payout ratio is 34.07%.
WaFd Company Profile
(
Free Report)
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.
Featured Stories
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.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider WaFd, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and WaFd wasn't on the list.
While WaFd currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
