Teacher Retirement System of Texas Acquires Shares of 11,894 WaFd, Inc. (NASDAQ:WAFD)

Teacher Retirement System of Texas acquired a new stake in WaFd, Inc. (NASDAQ:WAFD - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 11,894 shares of the bank's stock, valued at approximately $340,000.

Several other large investors have also bought and sold shares of the business. Aster Capital Management DIFC Ltd boosted its holdings in shares of WaFd by 983.5% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 1,116 shares of the bank's stock valued at $36,000 after acquiring an additional 1,013 shares in the last quarter. Harbour Investments Inc. raised its position in WaFd by 29.6% in the fourth quarter. Harbour Investments Inc. now owns 1,752 shares of the bank's stock valued at $56,000 after purchasing an additional 400 shares during the last quarter. KBC Group NV boosted its stake in shares of WaFd by 12.7% during the first quarter. KBC Group NV now owns 4,239 shares of the bank's stock valued at $121,000 after purchasing an additional 477 shares in the last quarter. Aquatic Capital Management LLC acquired a new stake in shares of WaFd during the fourth quarter valued at about $141,000. Finally, Cibc World Markets Corp bought a new stake in shares of WaFd during the fourth quarter worth about $202,000. 83.71% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

WAFD has been the subject of several analyst reports. Stephens reaffirmed an "equal weight" rating and set a $29.00 target price on shares of WaFd in a research report on Monday, April 14th. Keefe, Bruyette & Woods decreased their target price on WaFd from $32.00 to $30.00 and set a "market perform" rating for the company in a research report on Wednesday, April 16th. Finally, Wall Street Zen raised WaFd from a "sell" rating to a "hold" rating in a research note on Friday. Five equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $30.50.

WaFd Stock Performance

Shares of WAFD stock traded down $0.01 during trading on Friday, reaching $29.73. 750,579 shares of the company's stock traded hands, compared to its average volume of 535,992. The firm's 50-day moving average is $29.34 and its 200 day moving average is $29.10. The company has a market capitalization of $2.38 billion, a P/E ratio of 11.30 and a beta of 0.84. WaFd, Inc. has a 1 year low of $23.75 and a 1 year high of $38.62. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 1.01.

WaFd (NASDAQ:WAFD - Get Free Report) last released its quarterly earnings data on Thursday, July 17th. The bank reported $0.73 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.67 by $0.06. WaFd had a return on equity of 8.56% and a net margin of 15.57%. The company had revenue of $186.26 million for the quarter, compared to analyst estimates of $184.47 million. Equities research analysts expect that WaFd, Inc. will post 2.56 EPS for the current year.

WaFd Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Friday, May 23rd were paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 3.63%. The ex-dividend date was Friday, May 23rd. WaFd's dividend payout ratio is 40.75%.

About WaFd

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.