Heritage Financial Corporation (NASDAQ:HFWA) is expected to pay $0.37 on Nov 22, 2016. The indicated annual dividend is $0.48. Shareholders owning the stock before Nov 4, 2016 will be eligible to receive the payout. Based on Heritage Financial Corporation’s current price of $18.30, the dividend is 2.02%. This dividend’s record date is Nov 8, 2016 and the announcement date is Oct 28, 2016. The stock decreased 0.81% or $0.15 on November 2, hitting $18.3. Heritage Financial Corp (NASDAQ:HFWA) has risen 4.45% since April 1, 2016 and is uptrending. It has outperformed by 3.24% the S&P500.
Heritage Financial Corporation is a bank holding firm engaged in the business of planning, directing and coordinating the business activities of its bank subsidiary, Heritage Bank . The company has a market cap of $543.57 million. The Bank also makes real estate construction loans, land development loans and consumer loans, and originates first mortgage loans on residential properties primarily located in its market area. It has a 14.19 P/E ratio. It offers deposit accounts, including non-interest demand accounts, negotiable order of withdrawal (NOW) accounts, money market accounts, savings accounts and certificates of deposit (CDs).
Insitutional Activity: The institutional sentiment increased to 1.38 in 2016 Q2. Its up 0.10, from 1.28 in 2016Q1. The ratio increased, as 6 funds sold all Heritage Financial Corp shares owned while 34 reduced positions. 15 funds bought stakes while 40 increased positions. They now own 21.04 million shares or 0.20% more from 21.00 million shares in 2016Q1.
Schroder Invest Mgmt Gru last reported 616,931 shares in the company. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% or 885 shares in its portfolio. The Texas-based Bridgeway Cap Mngmt Incorporated has invested 0.03% in Heritage Financial Corp (NASDAQ:HFWA). Manufacturers Life Ins The reported 600,911 shares or 0.02% of all its holdings. Pinnacle Limited reported 16,300 shares or 0.01% of all its holdings. Ubs Asset Management Americas Inc accumulated 10,968 shares or 0% of the stock. Wells Fargo & Mn holds 124,895 shares or 0% of its portfolio. Blackrock Fund Advsrs holds 0% of its portfolio in Heritage Financial Corp (NASDAQ:HFWA) for 766,845 shares. Rainier Mgmt Ltd accumulated 0.16% or 184,210 shares. Thomson Horstmann Bryant holds 638,910 shares or 1.46% of its portfolio. National Bank Of Montreal Can accumulated 0% or 16,746 shares. Boston Partners has 160,425 shares for 0% of their US portfolio. Stieven Capital Lp owns 285,156 shares or 1.4% of their US portfolio. Northern Tru reported 481,788 shares or 0% of all its holdings. First Interstate Bank & Trust last reported 9,810 shares in the company.
Insider Transactions: Since May 4, 2016, the stock had 2 insider purchases, and 4 sales for $341,929 net activity. On Friday, August 19 CLEES JOHN A sold $54,273 worth of the stock or 3,000 shares. Another trade for 750 shares valued at $13,260 was made by Altom Rhoda L on Wednesday, May 4. 5,286 Heritage Financial Corp (NASDAQ:HFWA) shares with value of $97,290 were sold by McDonald Bryan. Deuel Jeffrey J had sold 13,334 shares worth $243,346. 4,000 Heritage Financial Corp (NASDAQ:HFWA) shares with value of $68,400 were bought by Gavin Deborah J. The insider Spurling David A sold $18,467.
Heritage Financial Corp (NASDAQ:HFWA) Ratings Coverage
Out of 3 analysts covering Heritage Financial (NASDAQ:HFWA), 0 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 0 are positive. $20 is the highest target while $19 is the lowest. The $19.50 average target is 6.56% above today’s ($18.3) stock price. Heritage Financial has been the topic of 3 analyst reports since September 28, 2015 according to StockzIntelligence Inc. On Monday, September 28 the stock rating was initiated by Piper Jaffray with “Neutral”. Raymond James downgraded the shares of HFWA in a report on Monday, October 5 to “Mkt Perform” rating. The firm earned “Market Perform” rating on Friday, October 23 by Keefe Bruyette & Woods.
More recent Heritage Financial Corp (NASDAQ:HFWA) news were published by: Prnewswire.com which released: “Heritage Financial Announces Third Quarter 2016 Results And Declares Regular …” on October 27, 2016. Also Seekingalpha.com published the news titled: “Heritage Financial Corporation’s (HFWA) CEO Brian Vance on Q3 2016 Results …” on October 29, 2016. Streetinsider.com‘s news article titled: “Form 4 HERITAGE FINANCIAL CORP For: Oct 31 Filed by: Hinson Donald” with publication date: October 31, 2016 was also an interesting one.
HFWA Company Profile
Heritage Financial Corporation, incorporated on August 28, 1997, is a bank holding company. The Firm is engaged in the business of planning, directing and coordinating the business activities of its bank subsidiary, Heritage Bank (the Bank). The Bank’s business consists of lending and deposit relationships with small businesses and their owners in its market areas and attracting deposits from the general public. The Bank also makes real estate construction loans, land development loans and consumer loans, and originates first mortgage loans on residential properties primarily located in its market area.
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