2 weeks Ago By Defense World Staff
US Bancorp DE decreased its holdings in shares of Heritage Financial Co. (NASDAQ:HFWA – Free Report) by 93.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission.
The institutional investor owned 10,584 shares of the financial services provider’s stock after selling 155,592 shares during the quarter. US Bancorp DE’s holdings in Heritage Financial were worth $259,000 as of its most recent filing with the Securities and Exchange Commission. Several other hedge funds and other institutional investors have also made changes to their positions in HFWA.
Empowered Funds LLC lifted its holdings in shares of Heritage Financial by 5.4% during the 3rd quarter. Empowered Funds LLC now owns 113,128 shares of the financial services provider’s stock valued at $2,463,000 after acquiring an additional 5,762 shares in the last quarter.
Jennison Associates LLC lifted its holdings in shares of Heritage Financial by 71.4% during the 3rd quarter. Jennison Associates LLC now owns 1,741,058 shares of the financial services provider’s stock valued at $37,903,000 after acquiring an additional 725,257 shares in the last quarter.
Nwam LLC acquired a new position in Heritage Financial in the 3rd quarter worth $1,194,000. Dynamic Technology Lab Private Ltd acquired a new position in Heritage Financial in the 3rd quarter worth $338,000. Finally, BNP Paribas Financial Markets lifted its holdings in Heritage Financial by 90.
7% in the 3rd quarter. BNP Paribas Financial Markets now owns 34,672 shares of the financial services provider’s stock worth $755,000 after buying an additional 16,489 shares in the last quarter. Institutional investors and hedge funds own 78.
30% of the company’s stock. Heritage Financial Stock PerformanceShares of HFWA stock opened at $23.77 on Friday.
Heritage Financial Co. has a 12 month low of $16.55 and a 12 month high of $27.
58. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.
84 and a quick ratio of 0.82. The firm has a market capitalization of $807.
97 million, a P/E ratio of 19.17 and a beta of 0.53.
The company’s fifty day moving average price is $24.49 and its two-hundred day moving average price is $23.97.
Heritage Financial (NASDAQ:HFWA – Get Free Report) last issued its earnings results on Thursday, January 23rd. The financial services provider reported $0.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.
45 by $0.06. Heritage Financial had a net margin of 13.
64% and a return on equity of 7.17%. On average, research analysts anticipate that Heritage Financial Co.
will post 2.09 earnings per share for the current fiscal year. Heritage Financial Increases DividendThe business also recently announced a quarterly dividend, which was paid on Thursday, February 20th.
Stockholders of record on Thursday, February 6th were paid a $0.24 dividend. This represents a $0.
96 dividend on an annualized basis and a dividend yield of 4.04%. The ex-dividend date of this dividend was Thursday, February 6th.
This is a positive change from Heritage Financial’s previous quarterly dividend of $0.23. Heritage Financial’s dividend payout ratio is 77.
42%. Insider ActivityIn other news, Director Frederick B. Rivera sold 4,000 shares of the company’s stock in a transaction dated Monday, January 27th.
The shares were sold at an average price of $25.43, for a total value of $101,720.00.
Following the sale, the director now owns 3,844 shares in the company, valued at approximately $97,752.92. This represents a 50.
99 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.
80% of the company’s stock. Wall Street Analyst Weigh InSeparately, StockNews.com upgraded shares of Heritage Financial from a “sell” rating to a “hold” rating in a report on Monday, January 27th.
Check Out Our Latest Stock Report on Heritage FinancialHeritage Financial Profile (Free Report)Heritage Financial Corporation operates as the bank holding company for Heritage Bank that provides various financial services to small and medium sized businesses and individuals in the United States. It accepts various deposit products, such as noninterest demand deposits, interest bearing demand deposits, money market accounts, savings accounts, personal checking accounts, and certificates of deposit.Recommended StoriesFive stocks we like better than Heritage FinancialHow to Know if a Stock Pays Dividends and When They Are Paid OutRubrik Stock’s V-Bottom Reversal Signals a Major Rally AheadHow to Read Stock Charts for BeginnersHow Super Micro Computer Stock Is Defying the Market Sell-OffStock Trading Terms – Stock Terms Every Investor Needs to KnowAppLovin vs.
HPE: Which Tech Stock Can Bounce Back Faster?Want to see what other hedge funds are holding HFWA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Heritage Financial Co. (NASDAQ:HFWA – Free Report).
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