Heritage Financial Co. (NASDAQ:HFWA) Shares Sold by WINTON GROUP Ltd

WINTON GROUP Ltd trimmed its position in Heritage Financial Co. (NASDAQ:HFWAGet Rating) by 7.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,212 shares of the financial services provider’s stock after selling 1,215 shares during the period. WINTON GROUP Ltd’s holdings in Heritage Financial were worth $408,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in HFWA. Wellington Management Group LLP acquired a new stake in Heritage Financial in the first quarter worth approximately $21,625,000. Victory Capital Management Inc. lifted its position in Heritage Financial by 19.2% in the first quarter. Victory Capital Management Inc. now owns 1,231,573 shares of the financial services provider’s stock worth $30,495,000 after purchasing an additional 198,094 shares during the period. Dimensional Fund Advisors LP lifted its position in Heritage Financial by 10.3% in the first quarter. Dimensional Fund Advisors LP now owns 1,799,194 shares of the financial services provider’s stock worth $45,088,000 after purchasing an additional 168,118 shares during the period. Bank of New York Mellon Corp lifted its position in Heritage Financial by 18.6% in the first quarter. Bank of New York Mellon Corp now owns 967,438 shares of the financial services provider’s stock worth $24,246,000 after purchasing an additional 151,460 shares during the period. Finally, State Street Corp lifted its position in Heritage Financial by 9.7% in the first quarter. State Street Corp now owns 1,708,760 shares of the financial services provider’s stock worth $42,822,000 after purchasing an additional 151,365 shares during the period. 78.62% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Heritage Financial

In other Heritage Financial news, EVP Tony Chalfant sold 3,124 shares of the business’s stock in a transaction on Monday, October 24th. The shares were sold at an average price of $31.38, for a total transaction of $98,031.12. Following the sale, the executive vice president now directly owns 16,143 shares of the company’s stock, valued at approximately $506,567.34. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other Heritage Financial news, EVP Tony Chalfant sold 3,124 shares of the business’s stock in a transaction on Monday, October 24th. The shares were sold at an average price of $31.38, for a total transaction of $98,031.12. Following the sale, the executive vice president now directly owns 16,143 shares of the company’s stock, valued at approximately $506,567.34. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director John A. Clees sold 2,000 shares of the business’s stock in a transaction on Wednesday, October 26th. The shares were sold at an average price of $31.55, for a total transaction of $63,100.00. Following the sale, the director now directly owns 44,916 shares in the company, valued at $1,417,099.80. The disclosure for this sale can be found here. Insiders have sold a total of 13,465 shares of company stock valued at $435,869 in the last three months. 1.80% of the stock is currently owned by company insiders.

Heritage Financial Price Performance

NASDAQ HFWA opened at $32.48 on Friday. The stock has a market capitalization of $1.14 billion, a P/E ratio of 14.63 and a beta of 0.64. Heritage Financial Co. has a 1 year low of $20.95 and a 1 year high of $34.34. The business’s fifty day moving average is $30.01 and its two-hundred day moving average is $27.16. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.68 and a current ratio of 0.68.

Heritage Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 16th. Shareholders of record on Wednesday, November 2nd were paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 2.59%. The ex-dividend date was Tuesday, November 1st. Heritage Financial’s dividend payout ratio (DPR) is currently 37.84%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. DA Davidson upped their price target on Heritage Financial to $35.00 in a report on Thursday, October 27th. StockNews.com assumed coverage on Heritage Financial in a report on Wednesday, October 12th. They issued a “hold” rating on the stock. Finally, Piper Sandler upped their price target on Heritage Financial to $38.00 in a report on Tuesday, November 1st.

About Heritage Financial

(Get Rating)

Heritage Financial Corporation operates as the bank holding company for Heritage Bank that provides various financial services to small and medium sized businesses and individuals in the United States. The company accepts various deposit products, such as noninterest demand deposits, interest bearing demand deposits, money market accounts, savings accounts, personal checking accounts, and certificates of deposit.

Featured Articles

Institutional Ownership by Quarter for Heritage Financial (NASDAQ:HFWA)

Receive News & Ratings for Heritage Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Heritage Financial and related companies with MarketBeat.com's FREE daily email newsletter.