US Bancorp DE Has $54,000 Stock Holdings in WaFd, Inc (NASDAQ:WAFD)

US Bancorp DE trimmed its position in shares of WaFd, Inc (NASDAQ:WAFD) by 22.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,537 shares of the bank’s stock after selling 440 shares during the quarter. US Bancorp DE’s holdings in WaFd were worth $54,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the business. Blue Trust Inc. raised its holdings in WaFd by 80.8% during the 3rd quarter. Blue Trust Inc. now owns 1,188 shares of the bank’s stock worth $41,000 after purchasing an additional 531 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of WaFd by 515.8% in the third quarter. GAMMA Investing LLC now owns 1,558 shares of the bank’s stock worth $54,000 after purchasing an additional 1,305 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of WaFd by 100.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,644 shares of the bank’s stock worth $47,000 after purchasing an additional 822 shares during the last quarter. nVerses Capital LLC acquired a new stake in WaFd during the 2nd quarter worth approximately $80,000. Finally, SG Americas Securities LLC bought a new position in WaFd in the 3rd quarter valued at about $194,000. Institutional investors own 83.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. DA Davidson upped their price target on shares of WaFd from $39.00 to $41.00 and gave the company a “buy” rating in a research report on Monday, October 21st. Keefe, Bruyette & Woods restated a “market perform” rating and set a $40.00 price target on shares of WaFd in a research note on Monday, October 21st. StockNews.com upgraded shares of WaFd from a “sell” rating to a “hold” rating in a research note on Tuesday, November 12th. Finally, Piper Sandler lowered their price objective on WaFd from $36.00 to $35.00 and set a “neutral” rating on the stock in a research report on Monday, October 21st. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $38.00.

Insider Buying and Selling

In other news, EVP Ryan Mauer sold 12,132 shares of the stock in a transaction on Monday, November 4th. The stock was sold at an average price of $33.33, for a total value of $404,359.56. Following the sale, the executive vice president now directly owns 100,376 shares of the company’s stock, valued at approximately $3,345,532.08. This represents a 10.78 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 2.25% of the stock is owned by insiders.

WaFd Trading Down 0.0 %

Shares of WAFD opened at $36.96 on Monday. The firm has a 50 day moving average price of $35.24 and a 200-day moving average price of $32.38. WaFd, Inc has a fifty-two week low of $25.78 and a fifty-two week high of $38.58. The firm has a market cap of $3.00 billion, a price-to-earnings ratio of 14.90 and a beta of 0.83. The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.09 and a current ratio of 1.08.

WaFd (NASDAQ:WAFD) last announced its quarterly earnings results on Thursday, October 17th. The bank reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.01. WaFd had a net margin of 13.97% and a return on equity of 9.44%. The business had revenue of $389.98 million during the quarter, compared to analysts’ expectations of $190.43 million. During the same quarter in the prior year, the company posted $0.72 EPS. As a group, equities research analysts forecast that WaFd, Inc will post 2.82 earnings per share for the current year.

WaFd Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 22nd will be issued a $0.26 dividend. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $1.04 annualized dividend and a yield of 2.81%. WaFd’s dividend payout ratio (DPR) is presently 41.94%.

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.