Sprucegrove Investment Management Ltd Lowers stake in Washington Federal (WAFD)

Washington Federal (WAFD) : Sprucegrove Investment Management Ltd reduced its stake in Washington Federal by 8.88% during the most recent quarter end. The investment management company now holds a total of 1,985,875 shares of Washington Federal which is valued at $49,746,169 after selling 193,500 shares in Washington Federal , the firm said in a disclosure report filed with the SEC on Jul 25, 2016.Washington Federal makes up approximately 1.96% of Sprucegrove Investment Management Ltd’s portfolio.

Other Hedge Funds, Including , Louisiana State Employees Retirement System reduced its stake in WAFD by selling 1,200 shares or 4.72% in the most recent quarter. The Hedge Fund company now holds 24,200 shares of WAFD which is valued at $606,210. Washington Federal makes up approx 0.03% of Louisiana State Employees Retirement System’s portfolio.Nordea Investment Management Ab boosted its stake in WAFD in the latest quarter, The investment management firm added 19,555 additional shares and now holds a total of 26,873 shares of Washington Federal which is valued at $666,988.Cutler Group Lp boosted its stake in WAFD in the latest quarter, The investment management firm added 200 additional shares and now holds a total of 374 shares of Washington Federal which is valued at $9,429.Alpha Windward reduced its stake in WAFD by selling 1,920 shares or 10.36% in the most recent quarter. The Hedge Fund company now holds 16,620 shares of WAFD which is valued at $402,536. Washington Federal makes up approx 0.29% of Alpha Windward’s portfolio.

Washington Federal opened for trading at $24.95 and hit $25.17 on the upside on Friday, eventually ending the session at $25, with a gain of 0.12% or 0.03 points. The heightened volatility saw the trading volume jump to 4,56,033 shares. Company has a market cap of $2,277 M.

Washington Federal Inc. is a United States of America-based bank holding company. Its principal subsidiary is Washington Federal National Association which operates 182 offices in eight western states. The Company obtains its funds primarily through deposits from the general public repayments of loans borrowings and retained earnings. These funds are used largely to make loans to individuals and businesses including loans for the purchase of new and existing homes construction and land loans commercial real estate loans commercial and industrial loans. The Company caters to Home Loans Personal Banking and Commercial Banking segments.

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