WaFd, Inc (NASDAQ:WAFD) Shares Sold by Keeley Teton Advisors LLC

Keeley Teton Advisors LLC lowered its position in shares of WaFd, Inc (NASDAQ:WAFD) by 13.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,349 shares of the bank’s stock after selling 2,751 shares during the period. Keeley Teton Advisors LLC’s holdings in WaFd were worth $559,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Aster Capital Management DIFC Ltd lifted its holdings in WaFd by 983.5% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 1,116 shares of the bank’s stock worth $36,000 after buying an additional 1,013 shares during the last quarter. McIlrath & Eck LLC lifted its stake in WaFd by 112.7% during the third quarter. McIlrath & Eck LLC now owns 1,323 shares of the bank’s stock worth $46,000 after purchasing an additional 701 shares during the last quarter. Harbour Investments Inc. boosted its holdings 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 in the last quarter. Blue Trust Inc. boosted its holdings in WaFd by 68.4% in the fourth quarter. Blue Trust Inc. now owns 2,000 shares of the bank’s stock valued at $70,000 after purchasing an additional 812 shares in the last quarter. Finally, US Bancorp DE increased its stake in WaFd by 136.7% in the fourth quarter. US Bancorp DE now owns 3,638 shares of the bank’s stock valued at $117,000 after purchasing an additional 2,101 shares during the last quarter. Hedge funds and other institutional investors own 83.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on WAFD. Stephens reaffirmed an “equal weight” rating and issued a $29.00 target price on shares of WaFd in a research report on Monday. StockNews.com upgraded WaFd from a “sell” rating to a “hold” rating in a research report on Saturday, April 12th. 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. Piper Sandler cut their price target on WaFd from $37.00 to $31.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 21st. Finally, DA Davidson cut WaFd from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $35.00 to $32.00 in a research note on Thursday, February 6th. Five research analysts have rated the stock with a hold rating, According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $30.50.

WaFd Stock Up 0.6 %

Shares of NASDAQ:WAFD opened at $27.52 on Thursday. The company has a market cap of $2.24 billion, a price-to-earnings ratio of 12.68 and a beta of 0.79. WaFd, Inc has a fifty-two week low of $23.75 and a fifty-two week high of $38.62. The firm’s 50-day simple moving average is $28.22 and its 200-day simple moving average is $31.89. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.05.

WaFd (NASDAQ:WAFD) last released its earnings results on Friday, April 11th. The bank reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.05. The company had revenue of $179.79 million for the quarter, compared to analysts’ expectations of $184.17 million. WaFd had a return on equity of 8.78% and a net margin of 12.66%. As a group, equities research analysts predict that WaFd, Inc will post 2.56 earnings per share for the current year.

WaFd Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 7th. Shareholders of record on Friday, February 21st were issued a $0.27 dividend. The ex-dividend date was Friday, February 21st. This represents a $1.08 dividend on an annualized basis and a yield of 3.92%. This is an increase from WaFd’s previous quarterly dividend of $0.26. WaFd’s dividend payout ratio (DPR) is 40.75%.

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.