Washington Federal Inc. (NASDAQ:WAFD) saw unusually-strong trading volume on Thursday . Approximately 524,507 shares changed hands during trading, an increase of 86% from the previous session’s volume of 281,735 shares.The stock last traded at $25.93 and had previously closed at $25.67.

Separately, Zacks Investment Research lowered Washington Federal from a “buy” rating to a “hold” rating in a research report on Thursday, August 4th.

The company’s 50-day moving average price is $24.97 and its 200 day moving average price is $23.56. The firm has a market capitalization of $2.35 billion and a PE ratio of 14.81.

Washington Federal (NASDAQ:WAFD) last posted its earnings results on Thursday, July 14th. The company reported $0.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.04. On average, analysts expect that Washington Federal Inc. will post $1.73 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 19th. Investors of record on Friday, August 5th will be given a dividend of $0.14 per share. The ex-dividend date is Wednesday, August 3rd. This represents a $0.56 dividend on an annualized basis and a yield of 2.16%.

A hedge fund recently raised its stake in Washington Federal stock. New York State Common Retirement Fund raised its position in shares of Washington Federal Inc. (NASDAQ:WAFD) by 2.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 208,800 shares of the company’s stock after buying an additional 4,700 shares during the period. New York State Common Retirement Fund owned about 0.22% of Washington Federal worth $4,976,000 as of its most recent SEC filing.

Washington Federal, Inc is a bank holding company. The Company conducts its operations through a federally-insured national bank subsidiary, Washington Federal, National Association (the Bank). The Company’s principal activities consists of taking deposits from the public and investing these funds in loans of various types, including first lien mortgages on single-family dwellings, construction loans, land acquisition and development loans, loans on multi-family and other income producing properties, home equity loans and business loans.

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