Washington Federal, Inc. (WAFD) Reaches $32.55 Formed H&S; Evertec (EVTC) Sentiment Is 0.86

EVERTEC, Inc. (NYSE:EVTC) Logo

Evertec Inc (EVTC) investors sentiment decreased to 0.86 in Q4 2017. It’s down -0.99, from 1.85 in 2017Q3. The ratio has dropped, as 72 investment managers opened new and increased stock positions, while 84 sold and trimmed stock positions in Evertec Inc. The investment managers in our database now have: 55.60 million shares, up from 53.62 million shares in 2017Q3. Also, the number of investment managers holding Evertec Inc in top ten stock positions was flat from 1 to 1 for the same number . Sold All: 35 Reduced: 49 Increased: 43 New Position: 29.

Washington Federal, Inc. (WAFD) formed H&S with $30.92 target or 5.00% below today’s $32.55 share price. Washington Federal, Inc. (WAFD) has $2.75B 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.

Among 4 analysts covering Washington Federal (NASDAQ:WAFD), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. Washington Federal has $40.0 highest and $23 lowest target. $33.60’s average target is 3.23% above currents $32.55 stock price. Washington Federal had 17 analyst reports since October 29, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Monday, July 24 report. The firm has “Hold” rating by RBC Capital Markets given on Wednesday, January 17. The rating was maintained by RBC Capital Markets on Thursday, March 1 with “Hold”. Piper Jaffray maintained Washington Federal, Inc. (NASDAQ:WAFD) rating on Monday, July 10. Piper Jaffray has “Hold” rating and $3400 target. The stock of Washington Federal, Inc. (NASDAQ:WAFD) earned “Hold” rating by Keefe Bruyette & Woods on Thursday, December 21. The firm has “Neutral” rating given on Thursday, April 12 by DA Davidson. As per Wednesday, April 11, the company rating was maintained by Keefe Bruyette & Woods. The firm has “Sector Perform” rating given on Thursday, January 21 by RBC Capital Markets. On Wednesday, April 11 the stock rating was maintained by RBC Capital Markets with “Hold”. The rating was maintained by RBC Capital Markets on Thursday, September 7 with “Hold”.

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

Investors sentiment increased to 1.01 in Q4 2017. Its up 0.12, from 0.89 in 2017Q3. It is positive, as 12 investors sold Washington Federal, Inc. 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. Bluecrest, a Guernsey-based fund reported 31,827 shares. M&T State Bank stated it has 0% of its portfolio in Washington Federal, Inc. (NASDAQ:WAFD). Loring Wolcott & Coolidge Fiduciary Advsrs Limited Liability Partnership Ma invested in 375 shares or 0% of the stock. 404,570 are owned by Btim. Teton Advsrs stated it has 0.08% of its portfolio in Washington Federal, Inc. (NASDAQ:WAFD). Clearbridge Investments Llc reported 80 shares or 0% of all its holdings. Goldman Sachs Grp Inc accumulated 2.07 million shares. Qs Ltd Liability invested 0% in Washington Federal, Inc. (NASDAQ:WAFD). Laurion Mngmt Lp has 0% invested in Washington Federal, Inc. (NASDAQ:WAFD). Zurcher Kantonalbank (Zurich Cantonalbank) reported 5,877 shares. Chevy Chase Tru holds 687,076 shares. Boston Advsr Limited Liability Company has invested 0.12% in Washington Federal, Inc. (NASDAQ:WAFD). Aperio Group Inc Ltd Com holds 0% in Washington Federal, Inc. (NASDAQ:WAFD) or 26,213 shares. 1.16M were reported by Principal Gp. Retirement System Of Alabama accumulated 112,746 shares.

The stock increased 1.39% or $0.3 during the last trading session, reaching $21.9. About 928,854 shares traded or 4.63% up from the average. EVERTEC, Inc. (EVTC) has risen 4.50% since May 18, 2017 and is uptrending. It has underperformed by 7.05% the S&P500.

Rivulet Capital Llc holds 6.73% of its portfolio in EVERTEC, Inc. for 4.51 million shares. Glenhill Advisors Llc owns 1.37 million shares or 1.38% of their US portfolio. Moreover, Continental Advisors Llc has 1.05% invested in the company for 357,347 shares. The Wisconsin-based North Star Asset Management Inc has invested 0.94% in the stock. Springowl Associates Llc, a New York-based fund reported 72,131 shares.

EVERTEC, Inc. and its subsidiaries engage in transaction processing business serving financial institutions, merchants, firms, and government agencies in Latin America and the Caribbean. The company has market cap of $1.59 billion. The firm operates through three divisions: Merchant Acquiring, Payment Processing, and Business Solutions. It has a 28.85 P/E ratio. The Merchant Acquiring segment provides merchant acquiring services, which enable point of sales and e-commerce merchants to accept and process electronic methods of payment, such as debit, credit, prepaid, and electronic benefit transfer cards.

Analysts await EVERTEC, Inc. (NYSE:EVTC) to report earnings on August, 7. They expect $0.37 EPS, down 15.91% or $0.07 from last year’s $0.44 per share. EVTC’s profit will be $26.80 million for 14.80 P/E if the $0.37 EPS becomes a reality. After $0.47 actual EPS reported by EVERTEC, Inc. for the previous quarter, Wall Street now forecasts -21.28% negative EPS growth.

EVERTEC, Inc. (NYSE:EVTC) Institutional Positions Chart