Washington Federal, Inc. (NASDAQ:WAFD) EVP Sells $243,032.00 in Stock

Washington Federal, Inc. (NASDAQ:WAFDGet Rating) EVP Kim E. Robison sold 7,148 shares of the firm’s stock in a transaction that occurred on Monday, January 23rd. The stock was sold at an average price of $34.00, for a total transaction of $243,032.00. Following the sale, the executive vice president now owns 56,344 shares of the company’s stock, valued at $1,915,696. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Washington Federal Stock Down 0.4 %

Shares of WAFD opened at $33.63 on Wednesday. Washington Federal, Inc. has a one year low of $29.46 and a one year high of $39.17. The company has a market cap of $2.20 billion, a P/E ratio of 8.76 and a beta of 0.86. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.09 and a quick ratio of 1.03. The firm has a 50 day simple moving average of $34.13 and a two-hundred day simple moving average of $33.84.

Washington Federal Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 2nd. Shareholders of record on Friday, November 18th were given a dividend of $0.24 per share. The ex-dividend date of this dividend was Thursday, November 17th. This represents a $0.96 annualized dividend and a yield of 2.85%. Washington Federal’s dividend payout ratio is currently 25.00%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Piper Sandler lifted their price target on shares of Washington Federal from $36.00 to $37.00 and gave the company a “neutral” rating in a research report on Tuesday, January 17th. Keefe, Bruyette & Woods lifted their price target on shares of Washington Federal from $41.00 to $48.00 and gave the company an “outperform” rating in a research report on Sunday, October 16th. DA Davidson lifted their price target on shares of Washington Federal from $43.00 to $45.00 and gave the company a “buy” rating in a research report on Tuesday, January 17th. Finally, StockNews.com downgraded shares of Washington Federal from a “buy” rating to a “hold” rating in a research report on Wednesday, December 21st.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in WAFD. Bank of New York Mellon Corp raised its position in Washington Federal by 1.2% during the first quarter. Bank of New York Mellon Corp now owns 906,332 shares of the bank’s stock valued at $29,745,000 after purchasing an additional 11,031 shares in the last quarter. Citigroup Inc. grew its stake in shares of Washington Federal by 60.1% during the first quarter. Citigroup Inc. now owns 43,493 shares of the bank’s stock worth $1,428,000 after buying an additional 16,323 shares during the last quarter. Bank of Montreal Can grew its stake in shares of Washington Federal by 120.1% during the first quarter. Bank of Montreal Can now owns 13,329 shares of the bank’s stock worth $455,000 after buying an additional 7,274 shares during the last quarter. MetLife Investment Management LLC grew its stake in shares of Washington Federal by 39.7% during the first quarter. MetLife Investment Management LLC now owns 75,272 shares of the bank’s stock worth $2,470,000 after buying an additional 21,388 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in shares of Washington Federal by 10.7% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 23,904 shares of the bank’s stock worth $785,000 after buying an additional 2,305 shares during the last quarter. 80.35% of the stock is currently owned by institutional investors and hedge funds.

Washington Federal Company Profile

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Washington Federal, 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.

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