Chevy Chase Trust Holdings Has Trimmed Its Washington Fed (WAFD) Position; Nokomis Capital Has Lowered Qep Res (QEP) Position

May 18, 2018 - By Stephen Andrade

Washington Federal, Inc. (NASDAQ:WAFD) Logo

Nokomis Capital Llc decreased Qep Res Inc (QEP) stake by 27.96% reported in 2017Q4 SEC filing. Nokomis Capital Llc sold 241,001 shares as Qep Res Inc (QEP)’s stock declined 2.19%. The Nokomis Capital Llc holds 620,948 shares with $5.94M value, down from 861,949 last quarter. Qep Res Inc now has $3.13 billion valuation. The stock increased 1.31% or $0.17 during the last trading session, reaching $13.19. About 3.96M shares traded. QEP Resources, Inc. (NYSE:QEP) has declined 22.78% since May 18, 2017 and is downtrending. It has underperformed by 34.33% the S&P500.

Chevy Chase Trust Holdings Inc decreased Washington Fed Inc (WAFD) stake by 7.29% reported in 2017Q4 SEC filing. Chevy Chase Trust Holdings Inc sold 54,028 shares as Washington Fed Inc (WAFD)’s stock declined 1.30%. The Chevy Chase Trust Holdings Inc holds 687,076 shares with $23.53M value, down from 741,104 last quarter. Washington Fed Inc now has $2.75 billion valuation. The stock increased 0.31% or $0.1 during the last trading session, reaching $32.55. About 242,034 shares traded. Washington Federal, Inc. (NASDAQ:WAFD) has risen 4.92% since May 18, 2017 and is uptrending. It has underperformed by 6.63% the S&P500.

Investors sentiment increased to 1.01 in Q4 2017. Its up 0.12, from 0.89 in 2017Q3. It increased, as 12 investors sold WAFD shares while 82 reduced holdings. 30 funds opened positions while 65 raised stakes. 70.05 million shares or 1.41% less from 71.05 million shares in 2017Q3 were reported. Principal reported 0.04% of its portfolio in Washington Federal, Inc. (NASDAQ:WAFD). New Mexico Educational Retirement Board holds 0.03% or 22,000 shares in its portfolio. Bnp Paribas Arbitrage Sa stated it has 0% of its portfolio in Washington Federal, Inc. (NASDAQ:WAFD). Citigroup holds 0% or 38,414 shares in its portfolio. Deutsche Natl Bank Ag owns 0.01% invested in Washington Federal, Inc. (NASDAQ:WAFD) for 672,609 shares. The Maryland-based Profund Advsrs Ltd Llc has invested 0.02% in Washington Federal, Inc. (NASDAQ:WAFD). Envestnet Asset Management invested in 0% or 289 shares. Switzerland-based Swiss Comml Bank has invested 0.01% in Washington Federal, Inc. (NASDAQ:WAFD). Manufacturers Life Communications The holds 0.01% of its portfolio in Washington Federal, Inc. (NASDAQ:WAFD) for 207,022 shares. Sterling Ltd Company has invested 0.01% of its portfolio in Washington Federal, Inc. (NASDAQ:WAFD). Moreover, Stevens First Principles Inv has 0.03% invested in Washington Federal, Inc. (NASDAQ:WAFD) for 1,855 shares. Art Advsrs Limited Co has 0.01% invested in Washington Federal, Inc. (NASDAQ:WAFD) for 7,756 shares. Shelton Cap Mngmt reported 6,781 shares. Prelude Mngmt Limited Com invested in 730 shares. Teacher Retirement Sys Of Texas reported 30,377 shares.

Chevy Chase Trust Holdings Inc increased Devon Energy Corp New (NYSE:DVN) stake by 18,333 shares to 691,551 valued at $28.63 million in 2017Q4. It also upped Eog Res Inc (NYSE:EOG) stake by 14,461 shares and now owns 829,900 shares. Sirius Xm Hldgs Inc (NASDAQ:SIRI) was raised too.

Analysts await Washington Federal, Inc. (NASDAQ:WAFD) to report earnings on July, 17. They expect $0.59 EPS, up 20.41% or $0.10 from last year’s $0.49 per share. WAFD’s profit will be $49.85M for 13.79 P/E if the $0.59 EPS becomes a reality. After $0.57 actual EPS reported by Washington Federal, Inc. for the previous quarter, Wall Street now forecasts 3.51% EPS growth.

Among 4 analysts covering Washington Federal (NASDAQ:WAFD), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. Washington Federal had 17 analyst reports since October 29, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Monday, July 24 by Keefe Bruyette & Woods. The rating was maintained by Piper Jaffray with “Hold” on Wednesday, April 11. The company was maintained on Wednesday, April 11 by Keefe Bruyette & Woods. As per Thursday, January 21, the company rating was maintained by RBC Capital Markets. RBC Capital Markets maintained it with “Hold” rating and $40.0 target in Wednesday, January 17 report. The rating was maintained by DA Davidson on Thursday, April 12 with “Neutral”. RBC Capital Markets maintained the stock with “Hold” rating in Friday, July 7 report. On Wednesday, April 11 the stock rating was maintained by RBC Capital Markets with “Hold”. Keefe Bruyette & Woods maintained it with “Hold” rating and $37.0 target in Thursday, December 21 report. The rating was maintained by RBC Capital Markets on Thursday, March 1 with “Hold”.

More recent QEP Resources, Inc. (NYSE:QEP) news were published by: Globenewswire.com which released: “QEP Resources Reports First Quarter 2018 Financial and Operating Results” on April 25, 2018. Also Globenewswire.com published the news titled: “New Research: Key Drivers of Growth for root9B Holdings Inc., Comfort Systems, SS&C Technologies, ZIOPHARM …” on May 16, 2018. Seekingalpha.com‘s news article titled: “QEP Resources edges lower after Q1 loss, production decline” with publication date: April 25, 2018 was also an interesting one.

Among 27 analysts covering QEP Resources (NYSE:QEP), 13 have Buy rating, 1 Sell and 13 Hold. Therefore 48% are positive. QEP Resources had 71 analyst reports since August 7, 2015 according to SRatingsIntel. Barclays Capital maintained it with “Equalweight” rating and $17 target in Thursday, July 14 report. The stock of QEP Resources, Inc. (NYSE:QEP) has “Buy” rating given on Wednesday, September 27 by Cowen & Co. The company was upgraded on Monday, July 18 by BMO Capital Markets. As per Wednesday, June 15, the company rating was upgraded by Piper Jaffray. The stock has “Buy” rating by Zacks on Monday, August 10. As per Tuesday, May 1, the company rating was downgraded by PiperJaffray. The company was downgraded on Friday, July 28 by JP Morgan. The rating was maintained by JP Morgan on Monday, March 5 with “Neutral”. BMO Capital Markets maintained the shares of QEP in report on Thursday, January 11 with “Buy” rating. Drexel Hamilton initiated the stock with “Buy” rating in Wednesday, June 8 report.

Analysts await QEP Resources, Inc. (NYSE:QEP) to report earnings on July, 25. They expect $-0.15 earnings per share, down 25.00% or $0.03 from last year’s $-0.12 per share. After $-0.20 actual earnings per share reported by QEP Resources, Inc. for the previous quarter, Wall Street now forecasts -25.00% EPS growth.

Investors sentiment decreased to 1.03 in Q4 2017. Its down 0.20, from 1.23 in 2017Q3. It fall, as 33 investors sold QEP shares while 83 reduced holdings. 38 funds opened positions while 81 raised stakes. 207.43 million shares or 5.41% less from 219.29 million shares in 2017Q3 were reported. Walleye Trading Ltd Company has invested 0% in QEP Resources, Inc. (NYSE:QEP). Bbva Compass Bancorporation reported 0.02% stake. Royal Commercial Bank Of Canada holds 0% of its portfolio in QEP Resources, Inc. (NYSE:QEP) for 331,407 shares. Piedmont Invest Advsr Ltd Company invested 0.01% in QEP Resources, Inc. (NYSE:QEP). Eagle Boston Mngmt reported 96,739 shares. Tarbox Family Office holds 152 shares or 0% of its portfolio. Parametric Portfolio Assoc Llc stated it has 832,059 shares. California Employees Retirement System holds 0.01% of its portfolio in QEP Resources, Inc. (NYSE:QEP) for 1.01 million shares. New York-based Citigroup has invested 0% in QEP Resources, Inc. (NYSE:QEP). Moreover, First Trust Advsr Limited Partnership has 0.04% invested in QEP Resources, Inc. (NYSE:QEP). Loomis Sayles & Lp holds 0.02% of its portfolio in QEP Resources, Inc. (NYSE:QEP) for 991,748 shares. Us Bankshares De owns 24,140 shares. Elm Ridge Mgmt Lc owns 504,317 shares. The North Carolina-based Financial Bank Of America Corporation De has invested 0% in QEP Resources, Inc. (NYSE:QEP). Metropolitan Life Ins New York reported 68,977 shares.

Since March 8, 2018, it had 1 buying transaction, and 0 selling transactions for $90,000 activity. On Thursday, March 8 the insider TRICE DAVID A bought $90,000.

QEP Resources, Inc. (NYSE:QEP) Institutional Positions Chart

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