Heritage Financial Corp. (NASDAQ:HFWA) saw an uptick in trading volume on Friday . 76,185 shares traded hands during mid-day trading, a decline of 16% from the previous session’s volume of 90,707 shares.The stock last traded at $18.30 and had previously closed at $18.29.

Separately, Zacks Investment Research cut shares of Heritage Financial Corp. from a “hold” rating to a “sell” rating in a research note on Monday, April 18th.

The stock has a market capitalization of $546.97 million and a price-to-earnings ratio of 15.02. The firm’s 50 day moving average is $17.64 and its 200-day moving average is $17.69.

Heritage Financial Corp. (NASDAQ:HFWA) last issued its earnings results on Thursday, April 21st. The financial services provider reported $0.30 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.29 by $0.01. Equities analysts forecast that Heritage Financial Corp. will post $1.27 earnings per share for the current year.

In related news, EVP Jeffrey J. Deuel sold 13,334 shares of the firm’s stock in a transaction dated Tuesday, May 31st. The shares were sold at an average price of $18.25, for a total value of $243,345.50. Following the completion of the sale, the executive vice president now owns 51,389 shares in the company, valued at $937,849.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider David A. Spurling sold 1,996 shares of the firm’s stock in a transaction dated Monday, April 25th. The shares were sold at an average price of $17.83, for a total transaction of $35,588.68. Following the completion of the sale, the insider now 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 recently made changes to their positions in the stock. Dimensional Fund Advisors LP boosted its stake in shares of 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 period. Victory Capital Management Inc. boosted 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 valued at $1,178,000 after buying an additional 8,510 shares during the period. Morgan Stanley boosted 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 valued at $3,058,000 after buying an additional 11,524 shares during the period. Boston Partners boosted 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 valued at $2,352,000 after buying an additional 3,770 shares during the period. Finally, California Public Employees Retirement System boosted 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 valued at $2,163,000 after buying an additional 33,500 shares during the period.

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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