WaFd, Inc (NASDAQ:WAFD) Shares Bought by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in WaFd, Inc (NASDAQ:WAFD) by 42.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 225,602 shares of the bank’s stock after acquiring an additional 67,640 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.28% of WaFd worth $7,273,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Systematic Financial Management LP grew its holdings in WaFd by 5.2% during the 4th quarter. Systematic Financial Management LP now owns 1,506,368 shares of the bank’s stock valued at $48,565,000 after purchasing an additional 73,845 shares in the last quarter. Rafferty Asset Management LLC grew its holdings in WaFd by 18.7% during the 4th quarter. Rafferty Asset Management LLC now owns 107,324 shares of the bank’s stock valued at $3,460,000 after purchasing an additional 16,942 shares in the last quarter. Millennium Management LLC acquired a new stake in WaFd during the 4th quarter valued at $950,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in WaFd by 4.0% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 38,002 shares of the bank’s stock valued at $1,225,000 after purchasing an additional 1,454 shares in the last quarter. Finally, Deutsche Bank AG grew its holdings in WaFd by 60.0% during the 4th quarter. Deutsche Bank AG now owns 56,886 shares of the bank’s stock valued at $1,834,000 after purchasing an additional 21,334 shares in the last quarter. Institutional investors and hedge funds own 83.71% of the company’s stock.

WaFd Trading Down 0.4%

NASDAQ WAFD opened at $28.52 on Monday. WaFd, Inc has a 12 month low of $23.75 and a 12 month high of $38.62. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.04 and a quick ratio of 1.04. The company has a market capitalization of $2.29 billion, a price-to-earnings ratio of 13.14 and a beta of 0.85. The company’s fifty day moving average price is $28.08 and its two-hundred day moving average price is $30.43.

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

WaFd Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Friday, May 23rd will be given a $0.27 dividend. The ex-dividend date of this dividend is Friday, May 23rd. This represents a $1.08 dividend on an annualized basis and a dividend yield of 3.79%. WaFd’s payout ratio is currently 40.75%.

Analyst Upgrades and Downgrades

WAFD has been the subject of a number of recent analyst reports. Keefe, Bruyette & Woods lowered their price target on shares of WaFd from $32.00 to $30.00 and set a “market perform” rating for the company in a report on Wednesday, April 16th. Stephens reaffirmed an “equal weight” rating and set a $29.00 price target on shares of WaFd in a report on Monday, April 14th. DA Davidson lowered shares of WaFd from a “buy” rating to a “neutral” rating and lowered their price target for the company from $35.00 to $32.00 in a report on Thursday, February 6th. Finally, Wall Street Zen upgraded shares of WaFd from a “sell” rating to a “hold” rating in a research note on Saturday, April 12th. Five analysts have rated the stock with a hold rating, According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $30.50.

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.