GSA Capital Partners LLP reduced its position in shares of Heritage Financial Corporation (NASDAQ:HFWA) by 37.0% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 24,398 shares of the financial services provider’s stock after selling 14,350 shares during the quarter. GSA Capital Partners LLP owned 0.08% of Heritage Financial Corporation worth $647,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Menta Capital LLC increased its stake in Heritage Financial Corporation by 21.5% during the 2nd quarter. Menta Capital LLC now owns 68,446 shares of the financial services provider’s stock valued at $1,814,000 after purchasing an additional 12,101 shares in the last quarter. Thrivent Financial For Lutherans boosted its holdings in shares of Heritage Financial Corporation by 229.8% during the 2nd quarter. Thrivent Financial For Lutherans now owns 93,340 shares of the financial services provider’s stock valued at $2,473,000 after acquiring an additional 65,040 shares during the last quarter. Nationwide Fund Advisors boosted its holdings in shares of Heritage Financial Corporation by 4.3% during the 2nd quarter. Nationwide Fund Advisors now owns 94,728 shares of the financial services provider’s stock valued at $2,510,000 after acquiring an additional 3,900 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of Heritage Financial Corporation by 15.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 192,230 shares of the financial services provider’s stock valued at $5,093,000 after acquiring an additional 26,279 shares during the last quarter. Finally, Teachers Advisors LLC boosted its holdings in shares of Heritage Financial Corporation by 3.6% during the 2nd quarter. Teachers Advisors LLC now owns 106,741 shares of the financial services provider’s stock valued at $2,829,000 after acquiring an additional 3,699 shares during the last quarter. Institutional investors and hedge funds own 75.92% of the company’s stock.

A number of brokerages have recently issued reports on HFWA. Zacks Investment Research downgraded shares of Heritage Financial Corporation from a “buy” rating to a “hold” rating in a report on Wednesday. Piper Jaffray Companies set a $29.00 price target on shares of Heritage Financial Corporation and gave the company a “hold” rating in a report on Monday, August 14th. ValuEngine raised shares of Heritage Financial Corporation from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Finally, BidaskClub downgraded shares of Heritage Financial Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, July 11th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $29.33.

In other news, Director John A. Clees sold 2,000 shares of the company’s stock in a transaction dated Monday, July 31st. The shares were sold at an average price of $27.28, for a total transaction of $54,560.00. Following the transaction, the director now owns 49,042 shares in the company, valued at $1,337,865.76. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 2.70% of the company’s stock.

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Shares of Heritage Financial Corporation (NASDAQ:HFWA) opened at 29.20 on Friday. The stock has a market cap of $869.58 million, a P/E ratio of 20.86 and a beta of 0.50. The stock’s 50 day moving average is $27.44 and its 200-day moving average is $25.95. Heritage Financial Corporation has a one year low of $17.75 and a one year high of $30.00.

Heritage Financial Corporation (NASDAQ:HFWA) last posted its quarterly earnings data on Wednesday, July 26th. The financial services provider reported $0.39 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.32 by $0.07. Heritage Financial Corporation had a net margin of 23.81% and a return on equity of 8.56%. The firm had revenue of $44.84 million for the quarter, compared to the consensus estimate of $41.59 million. On average, equities analysts forecast that Heritage Financial Corporation will post $1.42 EPS for the current year.

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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Institutional Ownership by Quarter for Heritage Financial Corporation (NASDAQ:HFWA)

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