Washington Federal Inc (NASDAQ:WAFD) Institutional Investors Sentiment Increased in Q4 2017

May 16, 2018 - By Bernice Betts

Washington Federal, Inc. (NASDAQ:WAFD) Logo

Sentiment for Washington Federal Inc (NASDAQ:WAFD)

Washington Federal Inc (NASDAQ:WAFD) institutional sentiment increased to 1.01 in Q4 2017. Its up 0.12, from 0.89 in 2017Q3. The ratio is positive, as 95 hedge funds increased or started new stock positions, while 94 reduced and sold positions in Washington Federal Inc. The hedge funds in our partner’s database now own: 70.05 million shares, down from 71.05 million shares in 2017Q3. Also, the number of hedge funds holding Washington Federal Inc in their top 10 stock positions was flat from 1 to 1 for the same number . Sold All: 12 Reduced: 82 Increased: 65 New Position: 30.

Washington Federal, Inc. operates as the bank holding firm for Washington Federal, National Association that provides financial services in the United States. The company has market cap of $2.74 billion. The firm accepts deposit products, such as business and personal checking accounts, and term certificates of deposit, as well as money market accounts and passbook savings accounts. It has a 15.66 P/E ratio. It also offers single-family residential, construction, land development, multi-family residential, commercial and industrial, consumer, and home equity loans.

It closed at $32.4 lastly. It is down 4.92% since May 16, 2017 and is uptrending. It has underperformed by 6.63% the S&P500.

Analysts await Washington Federal, Inc. (NASDAQ:WAFD) to report earnings on July, 17. They expect $0.59 earnings per share, up 20.41 % or $0.10 from last year’s $0.49 per share. WAFD’s profit will be $49.84 million for 13.73 P/E if the $0.59 EPS becomes a reality. After $0.57 actual earnings per share reported by Washington Federal, Inc. for the previous quarter, Wall Street now forecasts 3.51 % EPS growth.

Harbour Investment Management Llc holds 1.45% of its portfolio in Washington Federal, Inc. for 59,997 shares. Semper Augustus Investments Group Llc owns 56,004 shares or 1.44% of their US portfolio. Moreover, Foundry Partners Llc has 0.95% invested in the company for 668,815 shares. The Texas-based Smith Graham & Co. Investment Advisors Lp has invested 0.84% in the stock. Sprucegrove Investment Management Ltd, a Ontario – Canada-based fund reported 401,295 shares.

Washington Federal, Inc. (NASDAQ:WAFD) Ratings Coverage

Ratings analysis reveals 0 of Washington Federal’s analysts are positive. Out of 4 Wall Street analysts rating Washington Federal, 0 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $3500 while the high is $40.0. The stock’s average target of $36 is 11.11% above today’s ($32.4) share price. WAFD was included in 9 notes of analysts from December 21, 2017. The firm has “Hold” rating by Keefe Bruyette & Woods given on Wednesday, January 17. The rating was maintained by RBC Capital Markets on Wednesday, January 17 with “Hold”. The rating was maintained by RBC Capital Markets with “Hold” on Thursday, March 1. As per Thursday, April 12, the company rating was maintained by DA Davidson. RBC Capital Markets maintained the shares of WAFD in report on Wednesday, April 11 with “Hold” rating. Keefe Bruyette & Woods maintained the shares of WAFD in report on Thursday, December 21 with “Hold” rating. The company was maintained on Wednesday, April 11 by Keefe Bruyette & Woods. The firm earned “Hold” rating on Wednesday, April 11 by Piper Jaffray.

Another recent and important Washington Federal, Inc. (NASDAQ:WAFD) news was published by Globenewswire.com which published an article titled: “Report: Exploring Fundamental Drivers Behind Archrock Partners, Washington Federal, Jack In The Box, iStar …” on April 24, 2018.

Washington Federal, Inc. (NASDAQ:WAFD) Institutional Positions Chart

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