Washington Federal, Inc. (WAFD) Holdings Reduced by California Public Employees Retirement System

California Public Employees Retirement System cut its position in Washington Federal, Inc. (NASDAQ:WAFD) by 2.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 300,812 shares of the bank’s stock after selling 6,800 shares during the period. California Public Employees Retirement System owned 0.34% of Washington Federal worth $9,987,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Creative Planning lifted its position in shares of Washington Federal by 3.1% during the second quarter. Creative Planning now owns 3,327 shares of the bank’s stock worth $110,000 after purchasing an additional 101 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Washington Federal by 7.9% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,117 shares of the bank’s stock worth $137,000 after purchasing an additional 301 shares in the last quarter. OppenheimerFunds Inc. acquired a new position in shares of Washington Federal during the first quarter worth approximately $201,000. Capital One National Association acquired a new position in shares of Washington Federal during the second quarter worth approximately $208,000. Finally, Raymond James Financial Services Advisors Inc. lifted its position in shares of Washington Federal by 4.3% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 6,514 shares of the bank’s stock worth $216,000 after purchasing an additional 271 shares in the last quarter. Hedge funds and other institutional investors own 83.81% of the company’s stock.

Washington Federal, Inc. (WAFD) opened at 34.05 on Monday. Washington Federal, Inc. has a 12 month low of $25.15 and a 12 month high of $35.95. The firm has a market capitalization of $3.01 billion, a price-to-earnings ratio of 17.91 and a beta of 1.14. The stock’s 50 day moving average is $32.12 and its 200-day moving average is $32.84.

Washington Federal (NASDAQ:WAFD) last posted its earnings results on Tuesday, July 18th. The bank reported $0.49 EPS for the quarter, topping the consensus estimate of $0.47 by $0.02. Washington Federal had a net margin of 29.06% and a return on equity of 8.57%. The business had revenue of $122.54 million for the quarter, compared to the consensus estimate of $120.35 million. Equities analysts anticipate that Washington Federal, Inc. will post $1.91 earnings per share for the current fiscal year.

In related news, Director Thomas J. Kelley sold 6,100 shares of Washington Federal 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 directly owns 21,185 shares in the company, valued at approximately $714,358.20. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 1.28% of the stock is owned by company insiders.

WAFD has been the topic of a number of research reports. Zacks Investment Research upgraded shares of Washington Federal from a “hold” rating to a “buy” rating and set a $35.00 target price on the stock in a research report on Friday, September 1st. ValuEngine lowered shares of Washington Federal from a “buy” rating to a “hold” rating in a research report on Thursday, September 7th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $34.00 target price on shares of Washington Federal in a research report on Tuesday, July 25th. Royal Bank Of Canada reiterated a “hold” rating and set a $35.00 target price on shares of Washington Federal in a research report on Friday, September 8th. Finally, BidaskClub lowered shares of Washington Federal from a “hold” rating to a “sell” rating in a research report on Tuesday, June 20th. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $34.50.

TRADEMARK VIOLATION NOTICE: This article was first reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this article on another website, it was illegally copied and reposted in violation of United States and international copyright law. The legal version of this article can be read

Other large investors have also recently added to or reduced their stakes in the company. Creative Planning lifted its position in shares of Washington Federal by 3.1% during the second quarter. Creative Planning now owns 3,327 shares of the bank’s stock worth $110,000 after purchasing an additional 101 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Washington Federal by 7.9% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,117 shares of the bank’s stock worth $137,000 after purchasing an additional 301 shares in the last quarter. OppenheimerFunds Inc. acquired a new position in shares of Washington Federal during the first quarter worth approximately $201,000. Capital One National Association acquired a new position in shares of Washington Federal during the second quarter worth approximately $208,000. Finally, Raymond James Financial Services Advisors Inc. lifted its position in shares of Washington Federal by 4.3% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 6,514 shares of the bank’s stock worth $216,000 after purchasing an additional 271 shares in the last quarter. Hedge funds and other institutional investors own 83.81% of the company’s stock.

Washington Federal, Inc. (WAFD) opened at 34.05 on Monday. Washington Federal, Inc. has a 12 month low of $25.15 and a 12 month high of $35.95. The firm has a market capitalization of $3.01 billion, a price-to-earnings ratio of 17.91 and a beta of 1.14. The stock’s 50 day moving average is $32.12 and its 200-day moving average is $32.84.

Washington Federal (NASDAQ:WAFD) last posted its earnings results on Tuesday, July 18th. The bank reported $0.49 EPS for the quarter, topping the consensus estimate of $0.47 by $0.02. Washington Federal had a net margin of 29.06% and a return on equity of 8.57%. The business had revenue of $122.54 million for the quarter, compared to the consensus estimate of $120.35 million. Equities analysts anticipate that Washington Federal, Inc. will post $1.91 earnings per share for the current fiscal year.

In related news, Director Thomas J. Kelley sold 6,100 shares of Washington Federal 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 directly owns 21,185 shares in the company, valued at approximately $714,358.20. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 1.28% of the stock is owned by company insiders.

WAFD has been the topic of a number of research reports. Zacks Investment Research upgraded shares of Washington Federal from a “hold” rating to a “buy” rating and set a $35.00 target price on the stock in a research report on Friday, September 1st. ValuEngine lowered shares of Washington Federal from a “buy” rating to a “hold” rating in a research report on Thursday, September 7th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $34.00 target price on shares of Washington Federal in a research report on Tuesday, July 25th. Royal Bank Of Canada reiterated a “hold” rating and set a $35.00 target price on shares of Washington Federal in a research report on Friday, September 8th. Finally, BidaskClub lowered shares of Washington Federal from a “hold” rating to a “sell” rating in a research report on Tuesday, June 20th. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $34.50.

TRADEMARK VIOLATION NOTICE: This article was first reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this article on another website, it was illegally copied and reposted in violation of United States and international copyright law. The legal version of this article can be read at https://ledgergazette.com/2017/10/09/washington-federal-inc-wafd-holdings-reduced-by-california-public-employees-retirement-system.html.

About Washington Federal

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.

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

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