Here is the rundown on market activity for Washington Federal, Inc. (NASDAQ:WAFD). Erin N. Lantz, Director acquired $1,091 worth of shares at an average price of $26.62 on Tue the 27th. Lantz now owns $1,091 of stock as reported to the SEC. Thomas J. Kelley, Director sold $0 worth of shares at an average price of $21.46 on February 19th. That brings the Director’s holdings to $130,906 per an SEC filing yesterday.
Director Randall H. Talbot acquired 3,000 shares at an average price of $20.41 on Mon the 25th. That brings Talbot’s holdings to $527,599 as recorded in a recent Form 4 SEC filing.
Here are a few additional firms who have increased or decreased their stake in (WAFD). As of quarter end Northwestern Mutual Investment Management Company, LLC had sold a total of 75 shares trimming its stake by 0.5%. The value of the investment in (WAFD) increased from $358,000 to $381,000 increasing 6.4% for the reporting period. As of the end of the quarter Mason Street Advisors, LLC had acquired 2,562 shares growing its holdings by 6.6%. The value of the total investment in Washington Federal, Inc. went from $929,000 to $1,008,000 a change of 8.5% since the last quarter.
Royal Bank Of Canada augmented its ownership by buying 122 shares an increase of 156.4% in the quarter. Royal Bank Of Canada controls 200 shares valued at $5,000. The total value of its holdings increased 150.0%. Ifp Advisors, Inc trimmed its stake by shedding 1,924 shares a decrease of 44.8% from 03/31/2016 to 06/30/2016. Ifp Advisors, Inc owns 2,367 shares worth $57,000. The value of the position overall is down by 41.2%.
On October 22 Keefe Bruyette & Woods kept the company rating at “Market Perform” and moved up the price target from $23.00 to $24.00. July 16 investment analysts at Keefe Bruyette & Woods held the stock rating at “Market Perform” but raised the price expectation to $23.00 from $22.00.
On June 25 the stock rating was downgraded from “Neutral” to “Underperform” in an announcement from Macquarie. On June 12 analysts at Piper Jaffray began coverage setting a rating of “Neutral” and price target of $23.00.
Equity analyst DA Davidson downgraded the stock and lowered the price target on April 16 cutting the price target from $25.00 to $24.00 and changing the rating from “Buy” to “Neutral”. On April 16 the company was downgraded to “Neutral” from “Buy” and a price target of $24.00 was set by DA Davidson.
The company is up by 1.07% since yesterday’s close of $26.28. Washington Federal, Inc. recently declared a dividend for shareholders which was paid on Friday the 19th of August 2016. The dividend payment was $0.140 per share for the quarter which comes to $0.56 on an annualized basis. This dividend represents a yeild of $2.08 which is the dividend as a percentage of the current share price. The ex-dividend date was set for Wednesday the 3rd of August 2016.
Shares are trading at $26.56 marginally over $26.20, the stock’s 50 day moving average and which is a tad above the 200 day moving average of $24.58. The 50 day moving average was up $0.36 or +1.37% and the 200 day average went up by +8.07%.
The company’s P/E ratio is 15.17 and the market value is 2.40B. In the last earnings report the EPS was $1.75 and is expected to be $1.73 for the current year with 90,489,000 shares outstanding. Next quarter’s EPS is expected be $0.44 with next year’s EPS projected to be $1.79.
Traders are feeling more bearish of late as evidenced by the change in short interest. The company realized a rise in short interest between August 31, 2016 and September 15, 2016 of 0.01%. Short shares increased 48,963 over that period. The days to cover increased to 11.6 and the percentage of shorted shares is 0.04% as of September 15.