Shares of Heritage Financial Corp. (NASDAQ:HFWA) saw an uptick in trading volume on Friday . 76,185 shares changed 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 firm has a market capitalization of $546.97 million and a P/E ratio of 15.02. The stock’s 50 day moving average price is $17.65 and its 200 day moving average price is $17.69.

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 (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.01. Equities analysts forecast that Heritage Financial Corp. will post $1.27 earnings per share for the current fiscal year.

In other Heritage Financial Corp. news, insider David A. Spurling sold 1,996 shares of Heritage Financial Corp. stock in a transaction that occurred on Monday, April 25th. The shares were sold at an average price of $17.83, for a total transaction of $35,588.68. Following the transaction, the insider now owns 35,390 shares of the company’s stock, valued at $631,003.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Jeffrey J. Deuel sold 13,334 shares of Heritage Financial Corp. 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 transaction, the executive vice president now directly owns 51,389 shares in the company, valued at approximately $937,849.25. The disclosure for this sale can be found here.

A number of institutional investors have recently modified their holdings of HFWA. First Trust Advisors LP increased its position in shares of Heritage Financial Corp. by 48.3% in the fourth quarter. First Trust Advisors LP now owns 53,197 shares of the financial services provider’s stock valued at $1,002,000 after buying an additional 17,333 shares in the last quarter. California State Teachers Retirement System increased its position in shares of Heritage Financial Corp. by 1.8% in the fourth quarter. California State Teachers Retirement System now owns 56,035 shares of the financial services provider’s stock valued at $1,056,000 after buying an additional 1,000 shares in the last quarter. Sei Investments Co. increased its position in shares of Heritage Financial Corp. by 87.2% in the fourth quarter. Sei Investments Co. now owns 58,635 shares of the financial services provider’s stock valued at $1,105,000 after buying an additional 27,315 shares in the last quarter. Victory Capital Management Inc. increased its position 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 in the last quarter. Finally, California Public Employees Retirement System increased its position 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 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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