Heritage Financial Corp. (NASDAQ:HFWA)’s share price shot up 1.5% during mid-day trading on Wednesday . The company traded as high as $18.36 and last traded at $18.20, with a volume of 59,206 shares. The stock had previously closed at $17.93.

Separately, Zacks Investment Research lowered Heritage Financial Corp. from a “buy” rating to a “hold” rating in a report on Wednesday, July 6th.

The firm has a 50 day moving average price of $17.63 and a 200-day moving average price of $17.68. The stock has a market capitalization of $539.26 million and a PE ratio of 14.81.

Heritage Financial Corp. (NASDAQ:HFWA) last posted its quarterly earnings data on Thursday, April 21st. The financial services provider reported $0.30 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.29 by $0.01. Analysts predict that Heritage Financial Corp. will post $1.27 EPS for the current fiscal year.

In other news, EVP Jeffrey J. Deuel sold 13,334 shares of the firm’s stock in a transaction that occurred on Tuesday, May 31st. The shares were sold at an average price of $18.25, for a total transaction of $243,345.50. Following the completion of the sale, the executive vice president now owns 51,389 shares of the company’s stock, valued at $937,849.25. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider David A. Spurling sold 1,996 shares of the firm’s stock in a transaction that occurred on Monday, April 25th. The stock was sold at an average price of $17.83, for a total transaction of $35,588.68. Following the sale, the insider now directly owns 35,390 shares of the company’s stock, valued at approximately $631,003.70. The disclosure for this sale can be found here.

Several hedge funds have recently bought and sold shares of the company. Dimensional Fund Advisors LP raised its stake in Heritage Financial Corp. by 10.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,056,381 shares of the financial services provider’s stock valued at $19,902,000 after buying an additional 97,366 shares during the last quarter. Morgan Stanley raised its stake in shares of Heritage Financial Corp. by 7.6% in the fourth quarter. Morgan Stanley now owns 162,289 shares of the financial services provider’s stock worth $3,058,000 after buying an additional 11,524 shares in the last quarter. Boston Partners raised its stake in shares of Heritage Financial Corp. by 3.1% in the fourth quarter. Boston Partners now owns 124,827 shares of the financial services provider’s stock worth $2,352,000 after buying an additional 3,770 shares in the last quarter. California Public Employees Retirement System raised its stake in shares of Heritage Financial Corp. by 41.2% in the fourth quarter. California Public Employees Retirement System now owns 114,800 shares of the financial services provider’s stock worth $2,163,000 after buying an additional 33,500 shares in the last quarter. Finally, Victory Capital Management Inc. raised its stake in shares of Heritage Financial Corp. by 15.8% in the fourth quarter. Victory Capital Management Inc. now owns 62,534 shares of the financial services provider’s stock worth $1,178,000 after buying an additional 8,510 shares in the last quarter.

Heritage Financial Corporation is a bank holding company engaged in the business of planning, directing and coordinating the business activities of its bank subsidiary, Heritage Bank (the Bank). The Bank also makes real estate construction loans, land development loans and consumer loans, and originates first mortgage loans on residential properties primarily located in its market area.

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