Heritage Financial Corp. Director Sells $24,840 in Stock (HFWA)
Heritage Financial Corp. (NASDAQ:HFWA) Director John A. Clees unloaded 1,500 shares of Heritage Financial Corp. stock on the open market in a transaction dated Monday, August 25th. The shares were sold at an average price of $16.56, for a total transaction of $24,840.00. Following the sale, the director now directly owns 68,508 shares of the company’s stock, valued at approximately $1,134,492. The sale was disclosed in a document filed with the SEC, which is available at this link.
Separately, analysts at Keefe, Bruyette & Woods raised their price target on shares of Heritage Financial Corp. from $19.00 to $20.00 in a research note on Monday, July 28th. Four equities research analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and an average price target of $20.60.
Heritage Financial Corp. (NASDAQ:HFWA) opened at 16.36 on Friday. Heritage Financial Corp. has a 52 week low of $14.86 and a 52 week high of $18.64. The stock’s 50-day moving average is $15.99 and its 200-day moving average is $16.48. The company has a market cap of $491.9 million and a price-to-earnings ratio of 28.50.
Heritage Financial Corp. (NASDAQ:HFWA) last posted its quarterly earnings results on Thursday, July 24th. The company reported $0.16 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.22 by $0.06. On average, analysts predict that Heritage Financial Corp. will post $0.83 earnings per share for the current fiscal year.
Heritage Financial Corporation is a bank holding company. The Company is engaged in the business of planning, directing, and coordinating the business activities of its wholly owned subsidiaries: Heritage Bank and Central Valley Bank (NASDAQ:HFWA).
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