Dynamic Technology Lab Private Ltd Has $268,000 Stock Holdings in WaFd, Inc (NASDAQ:WAFD)

Dynamic Technology Lab Private Ltd increased its holdings in shares of WaFd, Inc (NASDAQ:WAFD) by 19.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,303 shares of the bank’s stock after purchasing an additional 1,337 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in WaFd were worth $268,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its stake in WaFd by 152.9% in the fourth quarter. JPMorgan Chase & Co. now owns 469,704 shares of the bank’s stock valued at $15,143,000 after buying an additional 283,953 shares during the period. American Century Companies Inc. increased its stake in shares of WaFd by 15.3% in the 4th quarter. American Century Companies Inc. now owns 1,774,081 shares of the bank’s stock valued at $57,196,000 after acquiring an additional 234,977 shares in the last quarter. Norges Bank acquired a new position in shares of WaFd during the 4th quarter valued at $6,539,000. State Street Corp boosted its stake in WaFd by 5.2% during the third quarter. State Street Corp now owns 3,969,790 shares of the bank’s stock worth $138,347,000 after acquiring an additional 195,845 shares in the last quarter. Finally, Vanguard Group Inc. grew its holdings in WaFd by 1.8% in the fourth quarter. Vanguard Group Inc. now owns 9,420,004 shares of the bank’s stock worth $303,701,000 after purchasing an additional 166,931 shares during the period. Institutional investors and hedge funds own 83.71% of the company’s stock.

Analyst Ratings Changes

WAFD has been the topic of several research reports. Piper Sandler dropped their price objective on shares of WaFd from $37.00 to $31.00 and set a “neutral” rating on the stock in a report on Tuesday, January 21st. Stephens reaffirmed an “equal weight” rating and set a $38.00 price target on shares of WaFd in a research note on Friday, January 17th. StockNews.com cut WaFd from a “hold” rating to a “sell” rating in a research note on Friday, April 4th. Keefe, Bruyette & Woods lowered their target price on WaFd from $42.00 to $34.00 and set a “market perform” rating on the stock in a research report on Tuesday, January 21st. Finally, DA Davidson downgraded shares of WaFd from a “buy” rating to a “neutral” rating and reduced their price target for the company from $35.00 to $32.00 in a research report on Thursday, February 6th. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $33.75.

WaFd Price Performance

WAFD stock opened at $24.48 on Friday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.04 and a current ratio of 1.04. The business has a 50-day simple moving average of $28.53 and a two-hundred day simple moving average of $32.09. The company has a market capitalization of $2.00 billion, a P/E ratio of 11.28 and a beta of 0.79. WaFd, Inc has a 52-week low of $23.75 and a 52-week high of $38.62.

WaFd Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 7th. Investors of record on Friday, February 21st were given a dividend of $0.27 per share. This is a boost from WaFd’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend was Friday, February 21st. This represents a $1.08 annualized dividend and a dividend yield of 4.41%. WaFd’s payout ratio is presently 49.77%.

WaFd Company Profile

WaFd, Inc operates as the bank holding company for Washington Federal Bank that provides lending, depository, insurance, and other banking services in the United States. The company offers deposit products, including business and personal checking accounts, and term certificates of deposit, as well as money market accounts and passbook savings accounts.