Natixis Advisors LLC Has $634,000 Holdings in WaFd, Inc (NASDAQ:WAFD)

Natixis Advisors LLC boosted its holdings in WaFd, Inc (NASDAQ:WAFD) by 9.3% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 18,187 shares of the bank’s stock after purchasing an additional 1,548 shares during the quarter. Natixis Advisors LLC’s holdings in WaFd were worth $634,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of WAFD. Assenagon Asset Management S.A. bought a new stake in shares of WaFd in the third quarter valued at approximately $18,583,000. American Century Companies Inc. lifted its position in shares of WaFd by 31.6% during the 2nd quarter. American Century Companies Inc. now owns 1,274,665 shares of the bank’s stock valued at $36,430,000 after acquiring an additional 305,942 shares during the period. Victory Capital Management Inc. grew its holdings in shares of WaFd by 113.4% during the 2nd quarter. Victory Capital Management Inc. now owns 272,721 shares of the bank’s stock worth $7,794,000 after purchasing an additional 144,920 shares in the last quarter. Vanguard Group Inc. increased its position in shares of WaFd by 1.6% in the first quarter. Vanguard Group Inc. now owns 7,902,461 shares of the bank’s stock worth $229,408,000 after purchasing an additional 125,020 shares during the period. Finally, Principal Financial Group Inc. raised its stake in WaFd by 28.6% in the third quarter. Principal Financial Group Inc. now owns 428,504 shares of the bank’s stock valued at $14,933,000 after purchasing an additional 95,251 shares in the last quarter. Institutional investors and hedge funds own 83.71% of the company’s stock.

WaFd Trading Down 0.2 %

WAFD opened at $37.11 on Thursday. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.08 and a quick ratio of 1.08. WaFd, Inc has a fifty-two week low of $25.78 and a fifty-two week high of $38.62. The company’s 50 day moving average price is $35.38 and its two-hundred day moving average price is $32.81. The firm has a market capitalization of $3.02 billion, a price-to-earnings ratio of 14.99 and a beta of 0.83.

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

WaFd Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Investors 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 2.80%. WaFd’s payout ratio is 41.94%.

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling at WaFd

In other WaFd news, EVP Ryan Mauer sold 12,132 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the executive vice president now owns 100,376 shares of the company’s stock, valued at approximately $3,345,532.08. This trade represents a 10.78 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 2.25% of the company’s stock.

About WaFd

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.