Janus Henderson Group PLC Acquires 4,300 Shares of WaFd, Inc (NASDAQ:WAFD)

Janus Henderson Group PLC boosted its holdings in WaFd, Inc (NASDAQ:WAFD) by 14.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 34,255 shares of the bank’s stock after buying an additional 4,300 shares during the period. Janus Henderson Group PLC’s holdings in WaFd were worth $1,194,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of WAFD. Blue Trust Inc. grew its stake in shares of WaFd by 80.8% in the third quarter. Blue Trust Inc. now owns 1,188 shares of the bank’s stock worth $41,000 after acquiring an additional 531 shares during the last quarter. GAMMA Investing LLC grew its position in WaFd by 515.8% in the 3rd quarter. GAMMA Investing LLC now owns 1,558 shares of the bank’s stock worth $54,000 after purchasing an additional 1,305 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings 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 period. Covestor Ltd increased its holdings in shares of WaFd by 60.1% during the 3rd quarter. Covestor Ltd now owns 1,904 shares of the bank’s stock worth $66,000 after purchasing an additional 715 shares during the period. Finally, KBC Group NV raised its position in shares of WaFd by 35.1% during the third quarter. KBC Group NV now owns 2,797 shares of the bank’s stock valued at $97,000 after buying an additional 726 shares during the last quarter. 83.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on WAFD shares. Keefe, Bruyette & Woods reissued a “market perform” rating and set a $40.00 target price on shares of WaFd in a research report on Monday, October 21st. StockNews.com raised WaFd from a “sell” rating to a “hold” rating in a report on Tuesday, November 12th. 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. Finally, DA Davidson raised their target price on WaFd from $39.00 to $41.00 and gave the stock a “buy” rating in a research report on Monday, October 21st. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, WaFd has an average rating of “Hold” and a consensus price target of $38.00.

WaFd Stock Down 0.0 %

NASDAQ WAFD opened at $35.35 on Friday. WaFd, Inc has a 1-year low of $25.78 and a 1-year high of $38.62. The company has a market capitalization of $2.88 billion, a price-to-earnings ratio of 14.25 and a beta of 0.84. The stock’s 50 day moving average is $35.75 and its two-hundred day moving average is $33.42. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.21.

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

WaFd Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, November 22nd were issued a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 2.94%. The ex-dividend date was Friday, November 22nd. WaFd’s payout ratio is 41.94%.

Insider Transactions at WaFd

In other WaFd news, EVP Ryan Mauer sold 12,132 shares of the business’s stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $33.33, for a total value of $404,359.56. Following the transaction, the executive vice president now directly owns 100,376 shares in the company, valued at $3,345,532.08. The trade was a 10.78 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.25% of the stock is owned by insiders.

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.