Nordea Investment Management AB boosted its holdings in Washington Federal, Inc. (NASDAQ:WAFD) by 16.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 67,143 shares of the bank’s stock after purchasing an additional 9,337 shares during the quarter. Nordea Investment Management AB owned about 0.08% of Washington Federal worth $2,259,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Creative Planning lifted its stake in Washington Federal by 3.1% during the 2nd quarter. Creative Planning now owns 3,327 shares of the bank’s stock valued at $110,000 after acquiring an additional 101 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Washington Federal by 7.9% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,117 shares of the bank’s stock valued at $137,000 after acquiring an additional 301 shares in the last quarter. Public Employees Retirement System of Ohio lifted its stake in Washington Federal by 1.1% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 5,522 shares of the bank’s stock valued at $183,000 after acquiring an additional 62 shares in the last quarter. Koch Industries Inc. bought a new position in Washington Federal during the 2nd quarter valued at $213,000. Finally, Raymond James Financial Services Advisors Inc. lifted its stake in Washington Federal by 1.9% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 6,641 shares of the bank’s stock valued at $220,000 after acquiring an additional 127 shares in the last quarter. 83.39% of the stock is owned by institutional investors and hedge funds.
Shares of Washington Federal, Inc. (NASDAQ:WAFD) opened at $34.35 on Wednesday. Washington Federal, Inc. has a twelve month low of $29.80 and a twelve month high of $35.95. The firm has a market capitalization of $2,980.00, a PE ratio of 18.01, a P/E/G ratio of 1.69 and a beta of 1.14. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 1.11.
The company also recently disclosed a quarterly dividend, which was paid on Monday, November 20th. Investors of record on Monday, November 6th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.75%. The ex-dividend date of this dividend was Friday, November 3rd. Washington Federal’s dividend payout ratio (DPR) is currently 30.77%.
Several equities analysts have weighed in on the company. ValuEngine upgraded Washington Federal from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Zacks Investment Research cut Washington Federal from a “buy” rating to a “hold” rating in a research note on Monday, September 18th. Piper Jaffray Companies reiterated a “hold” rating and set a $34.00 target price on shares of Washington Federal in a research note on Friday, October 6th. Finally, Royal Bank Of Canada reiterated a “hold” rating and set a $36.00 target price on shares of Washington Federal in a research note on Friday, October 20th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $36.00.
ILLEGAL ACTIVITY NOTICE: “Nordea Investment Management AB Boosts Position in Washington Federal, Inc. (WAFD)” was published by Community Financial News and is owned by of Community Financial News. If you are viewing this news story on another site, it was illegally copied and republished in violation of United States & international trademark & copyright laws. The original version of this news story can be viewed at https://www.com-unik.info/2017/12/06/nordea-investment-management-ab-boosts-position-in-washington-federal-inc-wafd.html.
About Washington Federal
Washington Federal, Inc is a bank holding company. The Company conducts its operations through a federally insured national bank subsidiary, Washington Federal, National Association (the Bank). The business of the Bank consists primarily of accepting deposits from the general public and investing these funds in loans of various types, including first lien mortgages on single-family dwellings, construction loans, land acquisition and development loans, loans on multi-family, commercial real estate and other income producing properties, home equity loans and business loans.
Want to see what other hedge funds are holding WAFD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Washington Federal, Inc. (NASDAQ:WAFD).
What are top analysts saying about Washington Federal Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Washington Federal Inc. and related companies.