Heritage Financial Corporation (NASDAQ:HFWA) Director Brian Charneski sold 2,000 shares of the stock in a transaction that occurred on Wednesday, December 6th. The shares were sold at an average price of $31.78, for a total transaction of $63,560.00. Following the sale, the director now directly owns 29,602 shares of the company’s stock, valued at approximately $940,751.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Heritage Financial Corporation (HFWA) traded down $0.25 during trading hours on Thursday, reaching $31.30. 113,875 shares of the company were exchanged, compared to its average volume of 131,672. Heritage Financial Corporation has a 12 month low of $22.50 and a 12 month high of $33.25. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.85 and a quick ratio of 0.85. The stock has a market capitalization of $956.24, a PE ratio of 23.15, a price-to-earnings-growth ratio of 2.25 and a beta of 0.47.

Heritage Financial (NASDAQ:HFWA) last posted its earnings results on Thursday, October 26th. The financial services provider reported $0.35 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.35. Heritage Financial had a net margin of 23.48% and a return on equity of 8.42%. The company had revenue of $43.39 million during the quarter, compared to analysts’ expectations of $42.85 million. equities analysts anticipate that Heritage Financial Corporation will post 1.42 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 22nd. Shareholders of record on Wednesday, November 8th were paid a dividend of $0.13 per share. The ex-dividend date of this dividend was Tuesday, November 7th. This represents a $0.52 dividend on an annualized basis and a yield of 1.66%. Heritage Financial’s payout ratio is 37.68%.

Institutional investors have recently modified their holdings of the business. MUFG Americas Holdings Corp increased its stake in Heritage Financial by 1.2% during the 2nd quarter. MUFG Americas Holdings Corp now owns 3,952 shares of the financial services provider’s stock valued at $105,000 after purchasing an additional 45 shares in the last quarter. SG Americas Securities LLC acquired a new position in Heritage Financial during the 3rd quarter valued at approximately $131,000. Legal & General Group Plc increased its stake in Heritage Financial by 4.2% during the 2nd quarter. Legal & General Group Plc now owns 7,369 shares of the financial services provider’s stock valued at $195,000 after purchasing an additional 297 shares in the last quarter. Aperio Group LLC acquired a new position in Heritage Financial during the 2nd quarter valued at approximately $217,000. Finally, Susquehanna International Group LLP acquired a new position in Heritage Financial during the 2nd quarter valued at approximately $226,000. Institutional investors and hedge funds own 78.15% of the company’s stock.

A number of research firms recently commented on HFWA. Zacks Investment Research cut shares of Heritage Financial from a “buy” rating to a “hold” rating in a research report on Wednesday, October 4th. ValuEngine raised shares of Heritage Financial from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Piper Jaffray Companies set a $29.00 target price on shares of Heritage Financial and gave the company a “hold” rating in a research report on Monday, August 14th. Finally, DA Davidson increased their target price on shares of Heritage Financial from $35.00 to $36.00 and gave the company a “buy” rating in a research report on Tuesday, November 7th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $31.75.

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Heritage Financial Company Profile

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 bank subsidiary, Heritage Bank (the Bank). The Bank’s lending activities focus on commercial business lending. The Bank also originates consumer loans, real estate construction and land development loans, and one- to four-family residential loans.

Insider Buying and Selling by Quarter for Heritage Financial (NASDAQ:HFWA)

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