Jane Street Group LLC Purchases New Holdings in Washington Federal Inc. (WAFD)

Jane Street Group LLC purchased a new position in shares of Washington Federal Inc. (NASDAQ:WAFD) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 12,727 shares of the bank’s stock, valued at approximately $407,000.

Other hedge funds also recently bought and sold shares of the company. Systematic Financial Management LP boosted its holdings in shares of Washington Federal by 0.9% during the third quarter. Systematic Financial Management LP now owns 756,287 shares of the bank’s stock worth $24,201,000 after purchasing an additional 6,977 shares during the period. Aperio Group LLC raised its position in Washington Federal by 41.5% during the third quarter. Aperio Group LLC now owns 40,818 shares of the bank’s stock valued at $1,306,000 after acquiring an additional 11,967 shares in the last quarter. Wells Fargo & Company MN raised its position in Washington Federal by 6.1% during the third quarter. Wells Fargo & Company MN now owns 328,438 shares of the bank’s stock valued at $10,510,000 after acquiring an additional 18,764 shares in the last quarter. OppenheimerFunds Inc. bought a new position in Washington Federal during the second quarter valued at approximately $203,000. Finally, Frontier Capital Management Co. LLC raised its position in Washington Federal by 9.0% during the third quarter. Frontier Capital Management Co. LLC now owns 1,980,875 shares of the bank’s stock valued at $63,388,000 after acquiring an additional 163,057 shares in the last quarter. Institutional investors and hedge funds own 87.16% of the company’s stock.

NASDAQ:WAFD opened at $27.89 on Friday. Washington Federal Inc. has a twelve month low of $24.67 and a twelve month high of $37.70. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.03 and a quick ratio of 1.03. The company has a market cap of $2.28 billion, a price-to-earnings ratio of 11.62, a PEG ratio of 1.60 and a beta of 1.11.



Washington Federal (NASDAQ:WAFD) last posted its quarterly earnings results on Tuesday, October 16th. The bank reported $0.62 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.62. Washington Federal had a return on equity of 10.22% and a net margin of 31.31%. The business had revenue of $131.50 million for the quarter, compared to analysts’ expectations of $133.83 million. During the same quarter in the prior year, the business earned $0.52 EPS. On average, sell-side analysts forecast that Washington Federal Inc. will post 2.5 earnings per share for the current fiscal year.

WAFD has been the topic of several recent research reports. Zacks Investment Research raised shares of Washington Federal from a “hold” rating to a “buy” rating and set a $37.00 price objective on the stock in a research report on Tuesday, September 18th. BidaskClub raised shares of Washington Federal from a “sell” rating to a “hold” rating in a research report on Tuesday, December 25th. Finally, ValuEngine lowered shares of Washington Federal from a “hold” rating to a “sell” rating in a research report on Monday, September 24th. One analyst has rated the stock with a sell rating and six have given a hold rating to the company. The company presently has an average rating of “Hold” and an average price target of $36.20.

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About Washington Federal

Washington Federal, Inc operates as the bank holding company for Washington Federal, National Association that provides lending, depository, insurance, and other banking services to consumers, mid-sized and large businesses, and owners and developers of commercial real estate in the United States. The company 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.

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

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