Sapience Investments LLC maintained its position in shares of Washington Federal, Inc. (NASDAQ:WAFD) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 274,663 shares of the bank’s stock at the close of the 2nd quarter. Sapience Investments LLC owned 0.31% of Washington Federal worth $9,119,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. Advisor Group Inc. grew its position in Washington Federal by 3.2% during the 2nd quarter. Advisor Group Inc. now owns 14,536 shares of the bank’s stock worth $448,000 after purchasing an additional 456 shares during the last quarter. Nordea Investment Management AB grew its position in Washington Federal by 27.9% during the 2nd quarter. Nordea Investment Management AB now owns 57,806 shares of the bank’s stock worth $1,919,000 after purchasing an additional 12,616 shares during the last quarter. Suntrust Banks Inc. grew its position in Washington Federal by 1.7% during the 2nd quarter. Suntrust Banks Inc. now owns 13,539 shares of the bank’s stock worth $449,000 after purchasing an additional 220 shares during the last quarter. M&T Bank Corp grew its position in Washington Federal by 8.7% during the 2nd quarter. M&T Bank Corp now owns 7,509 shares of the bank’s stock worth $249,000 after purchasing an additional 600 shares during the last quarter. Finally, FMR LLC grew its position in Washington Federal by 7.4% during the 2nd quarter. FMR LLC now owns 8,016,631 shares of the bank’s stock worth $266,152,000 after purchasing an additional 549,742 shares during the last quarter. 83.81% of the stock is currently owned by institutional investors.

In other Washington Federal news, Director Thomas J. Kelley sold 6,100 shares of the firm’s stock in a transaction that occurred on Wednesday, July 26th. The shares were sold at an average price of $33.72, for a total transaction of $205,692.00. Following the sale, the director now owns 21,185 shares of the company’s stock, valued at $714,358.20. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.28% of the stock is currently owned by company insiders.

Several analysts have weighed in on WAFD shares. Zacks Investment Research raised shares of Washington Federal from a “hold” rating to a “buy” rating and set a $36.00 target price on the stock in a research report on Monday, June 5th. BidaskClub downgraded shares of Washington Federal from a “hold” rating to a “sell” rating in a research report on Tuesday, June 20th. ValuEngine downgraded shares of Washington Federal from a “buy” rating to a “hold” rating in a research report on Thursday, September 7th. Finally, Royal Bank Of Canada reissued a “hold” rating and set a $35.00 target price on shares of Washington Federal in a research report on Friday, September 8th. One equities research analyst has rated the stock with a sell rating and five have issued a hold rating to the company. The company has an average rating of “Hold” and an average price target of $33.50.

Washington Federal, Inc. (NASDAQ WAFD) traded up 0.77% during mid-day trading on Friday, reaching $32.85. 164,339 shares of the company’s stock traded hands. The stock has a market capitalization of $2.90 billion, a PE ratio of 17.28 and a beta of 1.13. The stock’s 50 day moving average is $31.85 and its 200-day moving average is $32.80. Washington Federal, Inc. has a 52 week low of $25.15 and a 52 week high of $35.95.

Washington Federal (NASDAQ:WAFD) last released its quarterly earnings data on Tuesday, July 18th. The bank reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. Washington Federal had a net margin of 29.06% and a return on equity of 8.57%. The company had revenue of $122.54 million for the quarter, compared to analysts’ expectations of $120.35 million. On average, equities analysts anticipate that Washington Federal, Inc. will post $1.91 EPS for the current year.

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Washington Federal Company Profile

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 business of the Bank consists primarily of accepting deposits from the general 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, commercial real estate and other income producing properties, home equity loans and business loans.

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Institutional Ownership by Quarter for Washington Federal (NASDAQ:WAFD)

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