News coverage about Heritage Financial Corporation (NASDAQ:HFWA) has been trending somewhat positive this week, Accern Sentiment reports. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Heritage Financial Corporation earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave press coverage about the financial services provider an impact score of 45.6545715223196 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media headlines that may have effected Accern Sentiment’s analysis:
- Heritage Financial Corporation and Puget Sound Bancorp, Inc. Announce Receipt of Regulatory Approvals (finance.yahoo.com)
- Head-To-Head Comparison: Heritage Financial Corporation (HFWA) vs. Its Peers (americanbankingnews.com)
- Insider Selling: Heritage Financial Corporation (HFWA) Director Sells 1,000 Shares of Stock (americanbankingnews.com)
- Heritage Financial Corp. (Washington) : HFWA-US: Dividend Analysis : November 08th, 2017 (record date) : By the numbers : November 10, 2017 (finance.yahoo.com)
Shares of Heritage Financial Corporation (NASDAQ HFWA) remained flat at $$30.60 during mid-day trading on Friday. The company had a trading volume of 133,290 shares, compared to its average volume of 128,407. 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 $899.37, a price-to-earnings ratio of 21.77, a P/E/G ratio of 2.11 and a beta of 0.44. Heritage Financial Corporation has a 12 month low of $22.00 and a 12 month high of $31.65.
Heritage Financial Corporation (NASDAQ:HFWA) last issued its quarterly earnings data on Thursday, October 26th. The financial services provider reported $0.35 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.35. The firm had revenue of $43.39 million during the quarter, compared to the consensus estimate of $42.85 million. Heritage Financial Corporation had a net margin of 23.48% and a return on equity of 8.42%. research analysts expect that Heritage Financial Corporation will post 1.42 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 22nd. Shareholders of record on Wednesday, November 8th will be given a dividend of $0.13 per share. The ex-dividend date of this dividend is Tuesday, November 7th. This represents a $0.52 annualized dividend and a yield of 1.70%. Heritage Financial Corporation’s dividend payout ratio (DPR) is presently 37.68%.
A number of equities analysts recently commented on the company. Zacks Investment Research cut Heritage Financial Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. ValuEngine upgraded Heritage Financial Corporation from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Piper Jaffray Companies set a $29.00 price target on Heritage Financial Corporation and gave the stock a “hold” rating in a report on Monday, August 14th. Finally, DA Davidson lifted their price target on Heritage Financial Corporation from $35.00 to $36.00 and gave the stock a “buy” rating in a report on Tuesday, November 7th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $31.75.
In other Heritage Financial Corporation news, Director Anthony Pickering sold 11,000 shares of the firm’s stock in a transaction that occurred on Monday, October 30th. The shares were sold at an average price of $30.76, for a total transaction of $338,360.00. Following the completion of the sale, the director now directly owns 48,085 shares in the company, valued at $1,479,094.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Donald Hinson sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 7th. The stock was sold at an average price of $31.22, for a total transaction of $31,220.00. Following the sale, the chief financial officer now owns 33,288 shares of the company’s stock, valued at $1,039,251.36. The disclosure for this sale can be found here. Insiders have sold 18,636 shares of company stock valued at $572,953 over the last 90 days. Company insiders own 2.70% of the company’s stock.
Heritage Financial Corporation 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.
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