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

Cwm LLC reduced its holdings in shares of WaFd, Inc (NASDAQ:WAFD) by 7.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 33,687 shares of the bank’s stock after selling 2,698 shares during the period. Cwm LLC’s holdings in WaFd were worth $1,110,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new stake in WaFd during the 3rd quarter worth approximately $226,000. FMR LLC increased its position in shares of WaFd by 2.0% in the 3rd quarter. FMR LLC now owns 120,314 shares of the bank’s stock valued at $3,082,000 after purchasing an additional 2,304 shares during the last quarter. Panagora Asset Management Inc. purchased a new stake in shares of WaFd in the 3rd quarter valued at approximately $3,732,000. Louisiana State Employees Retirement System purchased a new stake in shares of WaFd in the 4th quarter valued at approximately $1,068,000. Finally, Commonwealth Equity Services LLC increased its position in shares of WaFd by 28.6% in the 3rd quarter. Commonwealth Equity Services LLC now owns 25,099 shares of the bank’s stock valued at $643,000 after purchasing an additional 5,580 shares during the last quarter. 83.71% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have commented on WAFD. DA Davidson reissued a “buy” rating and issued a $35.00 price objective on shares of WaFd in a research report on Thursday, April 11th. Stephens reaffirmed an “equal weight” rating and issued a $32.00 target price on shares of WaFd in a research report on Tuesday, April 23rd. StockNews.com downgraded shares of WaFd from a “hold” rating to a “sell” rating in a research report on Thursday, March 21st. Finally, Keefe, Bruyette & Woods dropped their target price on shares of WaFd from $37.00 to $35.00 and set an “outperform” rating on the stock in a research report on Thursday, January 18th.

WaFd Trading Down 0.0 %

NASDAQ WAFD opened at $27.91 on Friday. The company has a debt-to-equity ratio of 2.07, a current ratio of 1.17 and a quick ratio of 1.15. The firm’s fifty day moving average price is $27.74 and its 200 day moving average price is $28.34. The company has a market capitalization of $1.81 billion, a price-to-earnings ratio of 10.61 and a beta of 0.85. WaFd, Inc has a 12 month low of $23.36 and a 12 month high of $34.07.

WaFd Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 8th. Investors of record on Friday, February 23rd were given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 3.73%. This is an increase from WaFd’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Thursday, February 22nd. WaFd’s dividend payout ratio (DPR) is 39.54%.

WaFd Company 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.