Washington Federal, Inc. (WAFD) Holdings Lessened by TIAA CREF Investment Management LLC

TIAA CREF Investment Management LLC trimmed its holdings in Washington Federal, Inc. (NASDAQ:WAFD) by 1.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 243,829 shares of the bank’s stock after selling 3,057 shares during the period. TIAA CREF Investment Management LLC owned about 0.28% of Washington Federal worth $8,095,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. BlackRock Inc. raised its position in shares of Washington Federal by 16,855.9% in the 1st quarter. BlackRock Inc. now owns 9,559,901 shares of the bank’s stock valued at $316,434,000 after purchasing an additional 9,503,520 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Washington Federal by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 9,365,735 shares of the bank’s stock valued at $310,006,000 after purchasing an additional 48,928 shares in the last quarter. FMR LLC raised its position in shares of Washington Federal by 0.3% in the 1st quarter. FMR LLC now owns 7,466,889 shares of the bank’s stock valued at $247,154,000 after purchasing an additional 24,082 shares in the last quarter. State Street Corp raised its position in shares of Washington Federal by 8.4% in the 1st quarter. State Street Corp now owns 3,619,821 shares of the bank’s stock valued at $119,814,000 after purchasing an additional 281,548 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its position in shares of Washington Federal by 21.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,754,181 shares of the bank’s stock valued at $58,063,000 after purchasing an additional 313,718 shares in the last quarter. 83.81% of the stock is currently owned by institutional investors.

Washington Federal, Inc. (NASDAQ WAFD) opened at 34.00 on Tuesday. 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 17.89 and a beta of 1.14. The firm has a 50 day moving average price of $32.19 and a 200-day moving average price of $32.87.

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

In related news, Director Thomas J. Kelley sold 6,100 shares of the stock in a transaction that occurred on Wednesday, July 26th. The stock was sold at an average price of $33.72, for a total transaction of $205,692.00. Following the completion of the sale, the director now owns 21,185 shares in the company, valued at approximately $714,358.20. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.28% of the stock is owned by corporate insiders.

A number of brokerages have issued reports on WAFD. ValuEngine lowered Washington Federal from a “buy” rating to a “hold” rating in a research report on Thursday, September 7th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $34.00 target price on shares of Washington Federal in a research report on Tuesday, July 25th. Zacks Investment Research lowered Washington Federal from a “buy” rating to a “hold” rating in a research report on Monday, September 4th. BidaskClub lowered Washington Federal from a “hold” rating to a “sell” rating in a research report on Tuesday, June 20th. Finally, Royal Bank Of Canada reaffirmed a “hold” rating and issued a $35.00 target price on shares of Washington Federal in a research report on Friday, September 8th. One analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $34.50.

ILLEGAL ACTIVITY NOTICE: “Washington Federal, Inc. (WAFD) Holdings Lessened by TIAA CREF Investment Management LLC” was posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this piece of content on another website, it was c

Several other institutional investors and hedge funds have also made changes to their positions in the business. BlackRock Inc. raised its position in shares of Washington Federal by 16,855.9% in the 1st quarter. BlackRock Inc. now owns 9,559,901 shares of the bank’s stock valued at $316,434,000 after purchasing an additional 9,503,520 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Washington Federal by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 9,365,735 shares of the bank’s stock valued at $310,006,000 after purchasing an additional 48,928 shares in the last quarter. FMR LLC raised its position in shares of Washington Federal by 0.3% in the 1st quarter. FMR LLC now owns 7,466,889 shares of the bank’s stock valued at $247,154,000 after purchasing an additional 24,082 shares in the last quarter. State Street Corp raised its position in shares of Washington Federal by 8.4% in the 1st quarter. State Street Corp now owns 3,619,821 shares of the bank’s stock valued at $119,814,000 after purchasing an additional 281,548 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its position in shares of Washington Federal by 21.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,754,181 shares of the bank’s stock valued at $58,063,000 after purchasing an additional 313,718 shares in the last quarter. 83.81% of the stock is currently owned by institutional investors.

Washington Federal, Inc. (NASDAQ WAFD) opened at 34.00 on Tuesday. 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 17.89 and a beta of 1.14. The firm has a 50 day moving average price of $32.19 and a 200-day moving average price of $32.87.

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

In related news, Director Thomas J. Kelley sold 6,100 shares of the stock in a transaction that occurred on Wednesday, July 26th. The stock was sold at an average price of $33.72, for a total transaction of $205,692.00. Following the completion of the sale, the director now owns 21,185 shares in the company, valued at approximately $714,358.20. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.28% of the stock is owned by corporate insiders.

A number of brokerages have issued reports on WAFD. ValuEngine lowered Washington Federal from a “buy” rating to a “hold” rating in a research report on Thursday, September 7th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $34.00 target price on shares of Washington Federal in a research report on Tuesday, July 25th. Zacks Investment Research lowered Washington Federal from a “buy” rating to a “hold” rating in a research report on Monday, September 4th. BidaskClub lowered Washington Federal from a “hold” rating to a “sell” rating in a research report on Tuesday, June 20th. Finally, Royal Bank Of Canada reaffirmed a “hold” rating and issued a $35.00 target price on shares of Washington Federal in a research report on Friday, September 8th. One analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $34.50.

ILLEGAL ACTIVITY NOTICE: “Washington Federal, Inc. (WAFD) Holdings Lessened by TIAA CREF Investment Management LLC” was posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this piece of content on another website, it was copied illegally and republished in violation of United States and international trademark and copyright law. The original version of this piece of content can be read at https://ledgergazette.com/2017/10/10/washington-federal-inc-wafd-holdings-lessened-by-tiaa-cref-investment-management-llc.html.

Washington Federal 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.

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

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