It is trading at $34.95 a tad above the 50 day moving average which is $33.10 and marginally over the 200 day moving average of $32.99. The 50 day moving average moved up $1.85 whereas the 200 day moving average was up $1.96 or +5.93%. 4,850 shares changed hands in the last trading session. Volume was down 98.73% under the stocks average daily volume.
Traders are feeling more bullish on Washington Federal, Inc. if you watch the motion in short interest. The stock recorded a fall in short interest from September 15, 2017 to September 29, 2017 of -2.64%. Short interest fell 73,218 over that timeframe. With short interest at 2,697,542 and short average daily volume at 382,058, the short-interest ratio is 7.0 and the percentage of shorted shares is 0.03% as of September 29.
Additionally, here are a few investment firms who have increased or decreased their stake in (WAFD). As of the end of the quarter Mutual Of America Capital Management LLC had bought a total of 56 shares growing its position 0.1%. The value of the investment in (WAFD) increased from $2,380,000 to $2,414,000 a change of $34,000 for the reporting period. As of quarter end State Treasurer State Of Michigan had disposed of 3,400 shares trimming its stake by 9.2%. The value of the investment in WAFD went from $1,223,000 to $1,125,000 a change of 8.0% since the last quarter.
Alpha Windward LLC augmented its ownership by buying 780 shares an increase of 5.2% in the quarter. Alpha Windward LLC controls 15,755 shares valued at $530,000. The value of the position overall is up by 6.6%. Robeco Institutional Asset Management B.v. reduced its position by shedding 171,415 shares a decrease of 60.4% from 06/30/2017 to 09/30/2017. Robeco Institutional Asset Management B.v. now holds 112,349 shares worth $3,782,000. The total value of its holdings decreased 59.9%.
The P/E ratio is 18.39 and the market cap is 3.09B. In the latest earnings report the EPS was $1.90 and is estimated to be $2.06 for the current year with 88,425,000 shares currently outstanding. Next quarter’s EPS is expected be $0.51 and the next full year EPS is anticipated to be $2.23.
Washington Federal, Inc., launched on November 15, 1994, is a bank holding company. The Company conducts its operations through a federally insured national bank subsidiary, Washington Federal, National Association (the Bank). The business of the Bank consists primarily of accepting deposits from the general public and investing these funds in loans of various types, including first lien mortgages on single-family dwellings, construction loans, land acquisition and development loans, loans on multi-family, commercial real estate and other income producing properties, home equity loans and business loans. As of September 30, 2016, Washington Federal had 238 branches located in Washington, Oregon, Idaho, Arizona, Utah, Nevada, New Mexico and Texas. Through its subsidiaries, the Company is also engaged in real estate investment and insurance brokerage activities..