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

Natixis Advisors LLC lessened its holdings in WaFd, Inc (NASDAQ:WAFD) by 5.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,157 shares of the bank’s stock after selling 1,030 shares during the quarter. Natixis Advisors LLC’s holdings in WaFd were worth $553,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. McIlrath & Eck LLC increased its stake in shares of WaFd by 112.7% in the third quarter. McIlrath & Eck LLC now owns 1,323 shares of the bank’s stock worth $46,000 after acquiring an additional 701 shares during the period. Blue Trust Inc. grew its position in WaFd by 68.4% during the 4th quarter. Blue Trust Inc. now owns 2,000 shares of the bank’s stock worth $70,000 after purchasing an additional 812 shares during the period. US Bancorp DE lifted its holdings in shares of WaFd by 136.7% in the 4th quarter. US Bancorp DE now owns 3,638 shares of the bank’s stock valued at $117,000 after buying an additional 2,101 shares during the period. KBC Group NV boosted its stake in shares of WaFd by 34.5% in the fourth quarter. KBC Group NV now owns 3,762 shares of the bank’s stock worth $121,000 after buying an additional 965 shares during the last quarter. Finally, HighTower Advisors LLC acquired a new stake in WaFd during the third quarter worth about $237,000. 83.71% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

WAFD has been the topic of a number of analyst reports. Piper Sandler dropped their price objective on shares of WaFd from $37.00 to $31.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 21st. Keefe, Bruyette & Woods dropped their price target on shares of WaFd from $42.00 to $34.00 and set a “market perform” rating on the stock in a research report on Tuesday, January 21st. DA Davidson downgraded shares of WaFd from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $35.00 to $32.00 in a research report on Thursday, February 6th. Stephens restated an “equal weight” rating and set a $38.00 target price on shares of WaFd in a research report on Friday, January 17th. Finally, StockNews.com upgraded WaFd from a “sell” rating to a “hold” rating in a research note on Thursday, March 6th. Five research analysts have rated the stock with a hold rating, According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $33.75.

WaFd Stock Down 0.8 %

WAFD stock opened at $28.70 on Friday. WaFd, Inc has a 52 week low of $25.79 and a 52 week high of $38.62. The firm has a 50-day simple moving average of $29.32 and a 200-day simple moving average of $32.85. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.05. The stock has a market capitalization of $2.34 billion, a P/E ratio of 13.23 and a beta of 0.83.

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 paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 3.76%. The ex-dividend date of this dividend was Friday, February 21st. This is a boost from WaFd’s previous quarterly dividend of $0.26. WaFd’s payout ratio is 49.77%.

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.