Thomson Horstmann & Bryant Inc. lifted its holdings in Heritage Financial Corp (NASDAQ:HFWA) by 5.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 466,560 shares of the financial services provider’s stock after acquiring an additional 25,259 shares during the period. Heritage Financial makes up 1.9% of Thomson Horstmann & Bryant Inc.’s portfolio, making the stock its 4th biggest position. Thomson Horstmann & Bryant Inc.’s holdings in Heritage Financial were worth $14,370,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in HFWA. Schwab Charles Investment Management Inc. increased its position in shares of Heritage Financial by 10.9% in the second quarter. Schwab Charles Investment Management Inc. now owns 112,776 shares of the financial services provider’s stock worth $2,989,000 after acquiring an additional 11,046 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in Heritage Financial by 135.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 463,253 shares of the financial services provider’s stock valued at $12,276,000 after purchasing an additional 266,882 shares in the last quarter. Legal & General Group Plc grew its holdings 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. Principal Financial Group Inc. acquired a new stake in Heritage Financial during the 2nd quarter valued at $274,000. Finally, Schroder Investment Management Group grew its holdings in Heritage Financial by 3.3% during the 2nd quarter. Schroder Investment Management Group now owns 635,212 shares of the financial services provider’s stock valued at $16,833,000 after purchasing an additional 20,273 shares in the last quarter. 78.13% of the stock is owned by institutional investors.

Heritage Financial Corp (NASDAQ HFWA) traded up $0.05 during midday trading on Wednesday, reaching $30.90. 86,200 shares of the company’s stock were exchanged, compared to its average volume of 122,050. Heritage Financial Corp has a 12-month low of $22.50 and a 12-month high of $33.25. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.27. The company has a market cap of $932.29, a P/E ratio of 22.23, a price-to-earnings-growth ratio of 1.85 and a beta of 0.47.

Heritage Financial (NASDAQ:HFWA) last posted its quarterly earnings data 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 firm had revenue of $43.39 million for the quarter, compared to the consensus estimate of $42.85 million. research analysts predict that Heritage Financial Corp will post 1.42 EPS for the current fiscal year.

In other Heritage Financial news, Director Brian L. Vance sold 5,636 shares of the stock in a transaction on Tuesday, November 7th. The shares were sold at an average price of $30.76, for a total transaction of $173,363.36. Following the transaction, the director now directly owns 142,011 shares in the company, valued at approximately $4,368,258.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Brian Charneski sold 2,000 shares of the stock in a transaction 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 transaction, the director now owns 29,602 shares in the company, valued at $940,751.56. The disclosure for this sale can be found here. Insiders have sold a total of 21,636 shares of company stock worth $667,583 over the last quarter. 2.70% of the stock is currently owned by insiders.

A number of research firms recently weighed in on HFWA. Piper Jaffray Companies reaffirmed a “hold” rating and set a $33.00 price target on shares of Heritage Financial in a report on Tuesday. ValuEngine raised shares of Heritage Financial from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. BidaskClub lowered shares of Heritage Financial from a “buy” rating to a “hold” rating in a report on Friday, December 29th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $33.00 price target on shares of Heritage Financial in a report on Friday, December 22nd. Finally, FIG Partners raised shares of Heritage Financial from a “market-perform” rating to an “outperform” rating in a report on Tuesday, December 12th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $34.25.

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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.

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

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