Jane Street Group LLC Acquires Shares of 12,727 Washington Federal Inc. (WAFD)

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Jane Street Group LLC acquired a new stake in Washington Federal Inc. (NASDAQ:WAFD) during the 3rd quarter, HoldingsChannel.com reports. The fund acquired 12,727 shares of the bank’s stock, valued at approximately $407,000.

Other large investors have also added to or reduced their stakes in the company. First Republic Investment Management Inc. boosted its position in Washington Federal by 23.2% in the third quarter. First Republic Investment Management Inc. now owns 14,172 shares of the bank’s stock worth $453,000 after purchasing an additional 2,668 shares during the last quarter. Renaissance Technologies LLC raised its holdings in Washington Federal by 8.3% during the third quarter. Renaissance Technologies LLC now owns 464,376 shares of the bank’s stock valued at $14,860,000 after acquiring an additional 35,400 shares during the period. Honkamp Krueger Financial Services Inc. bought a new stake in Washington Federal during the third quarter valued at about $160,000. GSA Capital Partners LLP bought a new stake in Washington Federal during the third quarter valued at about $386,000. Finally, Hsbc Holdings PLC raised its holdings in Washington Federal by 29.8% during the third quarter. Hsbc Holdings PLC now owns 206,577 shares of the bank’s stock valued at $6,610,000 after acquiring an additional 47,394 shares during the period. 87.16% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts have recently issued reports on WAFD shares. BidaskClub raised Washington Federal from a “sell” rating to a “hold” rating in a research report on Tuesday, October 30th. Zacks Investment Research lowered shares of Washington Federal from a “buy” rating to a “hold” rating in a research note on Monday, October 1st. TheStreet downgraded shares of Washington Federal from a “b” rating to a “c+” rating in a report on Monday, November 19th. Finally, ValuEngine downgraded shares of Washington Federal from a “sell” rating to a “strong sell” rating in a report on Thursday, November 1st. One equities research analyst has rated the stock with a sell rating and six have assigned a hold rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $36.20.

WAFD stock opened at $27.89 on Friday. The stock has a market cap of $2.28 billion, a P/E ratio of 11.62, a P/E/G ratio of 1.60 and a beta of 1.11. Washington Federal Inc. has a 52 week low of $24.67 and a 52 week high of $37.70. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.17.

Washington Federal (NASDAQ:WAFD) last released its quarterly earnings data on Tuesday, October 16th. The bank reported $0.62 EPS for the quarter, hitting analysts’ consensus estimates of $0.62. The firm had revenue of $131.50 million for the quarter, compared to the consensus estimate of $133.83 million. Washington Federal had a net margin of 31.31% and a return on equity of 10.22%. During the same quarter in the previous year, the firm earned $0.52 earnings per share. On average, equities analysts predict that Washington Federal Inc. will post 2.5 earnings per share for the current year.

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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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Want to see what other hedge funds are holding WAFD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Washington Federal Inc. (NASDAQ:WAFD).

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

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