Russell Investments Group Ltd. Acquires 112,419 Shares of Heritage Financial Co. (NASDAQ:HFWA)

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Russell Investments Group Ltd. boosted its holdings in shares of Heritage Financial Co. (NASDAQ:HFWA – Free Report) by 357.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 143,913 shares of the financial services provider’s stock after purchasing an additional 112,419 shares during the quarter. [...]

Russell Investments Group Ltd. boosted its holdings in shares of Heritage Financial Co. ( NASDAQ:HFWA – Free Report ) by 357.

0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 143,913 shares of the financial services provider’s stock after purchasing an additional 112,419 shares during the quarter. Russell Investments Group Ltd.



owned about 0.42% of Heritage Financial worth $3,526,000 at the end of the most recent quarter. A number of other large investors also recently added to or reduced their stakes in the business.

Barclays PLC boosted its stake in Heritage Financial by 105.4% during the third quarter. Barclays PLC now owns 73,300 shares of the financial services provider’s stock valued at $1,595,000 after buying an additional 37,606 shares during the last quarter.

Proficio Capital Partners LLC purchased a new stake in shares of Heritage Financial during the 4th quarter worth approximately $280,000. Jane Street Group LLC boosted its position in shares of Heritage Financial by 46.9% during the 3rd quarter.

Jane Street Group LLC now owns 65,088 shares of the financial services provider’s stock valued at $1,417,000 after acquiring an additional 20,792 shares during the last quarter. Ieq Capital LLC purchased a new position in shares of Heritage Financial in the fourth quarter valued at $274,000. Finally, Jennison Associates LLC increased its position in Heritage Financial by 26.

7% in the fourth quarter. Jennison Associates LLC now owns 2,206,766 shares of the financial services provider’s stock worth $54,066,000 after purchasing an additional 465,708 shares during the last quarter. 78.

30% of the stock is owned by hedge funds and other institutional investors. Heritage Financial Stock Performance HFWA opened at $21.75 on Thursday.

The firm has a fifty day moving average price of $23.56 and a 200 day moving average price of $24.11.

Heritage Financial Co. has a 1 year low of $16.55 and a 1 year high of $27.

58. The stock has a market cap of $739.30 million, a P/E ratio of 17.

54 and a beta of 0.47. The company has a debt-to-equity ratio of 0.

47, a current ratio of 0.84 and a quick ratio of 0.82.

Heritage Financial Increases Dividend The business also recently announced a quarterly dividend, which was paid on Thursday, February 20th. Shareholders of record on Thursday, February 6th were paid a dividend of $0.24 per share.

This represents a $0.96 annualized dividend and a yield of 4.41%.

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 (DPR) is 77.42%. Analyst Ratings Changes Separately, StockNews.

com raised shares of Heritage Financial from a “sell” rating to a “hold” rating in a research note on Monday, January 27th. Check Out Our Latest Analysis on HFWA Insider Buying and Selling at Heritage Financial In related news, CEO Jeffrey J. Deuel sold 7,033 shares of the stock in a transaction on Monday, March 17th.

The shares were sold at an average price of $23.66, for a total value of $166,400.78.

Following the transaction, the chief executive officer now directly owns 70,906 shares of the company’s stock, valued at $1,677,635.96. This trade represents a 9.

02 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website . Also, CFO Donald Hinson sold 3,420 shares of the business’s stock in a transaction that occurred on Monday, March 17th.

The shares were sold at an average price of $23.59, for a total value of $80,677.80.

Following the completion of the sale, the chief financial officer now owns 42,087 shares of the company’s stock, valued at approximately $992,832.33. This represents a 7.

52 % decrease in their position. The disclosure for this sale can be found here . Insiders sold a total of 15,311 shares of company stock worth $369,193 over the last three months.

Insiders own 1.80% of the company’s stock. Heritage Financial Company 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. See Also Receive News & Ratings for Heritage Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Heritage Financial and related companies with MarketBeat.com's FREE daily email newsletter .

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