Shares of WashingtonFirst Bankshares Inc (NASDAQ:WFBI) have earned an average broker rating score of 3.00 (Hold) from the one analysts that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating.
Zacks has also given WashingtonFirst Bankshares an industry rank of 83 out of 265 based on the ratings given to related companies.
Separately, BidaskClub lowered shares of WashingtonFirst Bankshares from a “hold” rating to a “sell” rating in a report on Tuesday, December 12th.
In other news, Director Gail R. Steckler sold 16,349 shares of the company’s stock in a transaction on Monday, December 11th. The shares were sold at an average price of $34.24, for a total transaction of $559,789.76. Following the completion of the sale, the director now owns 32,141 shares of the company’s stock, valued at $1,100,507.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, President George W. Iv Connors sold 7,000 shares of the company’s stock in a transaction on Thursday, December 14th. The stock was sold at an average price of $33.73, for a total transaction of $236,110.00. Following the sale, the president now directly owns 82,783 shares of the company’s stock, valued at approximately $2,792,270.59. The disclosure for this sale can be found here. In the last three months, insiders sold 61,334 shares of company stock valued at $2,102,359. 20.70% of the stock is owned by insiders.
Institutional investors have recently added to or reduced their stakes in the company. Citadel Advisors LLC purchased a new stake in shares of WashingtonFirst Bankshares in the third quarter valued at about $224,000. Virtu KCG Holdings LLC purchased a new stake in shares of WashingtonFirst Bankshares in the second quarter valued at about $259,000. The Manufacturers Life Insurance Company grew its holdings in shares of WashingtonFirst Bankshares by 13.7% in the second quarter. The Manufacturers Life Insurance Company now owns 9,035 shares of the bank’s stock valued at $312,000 after purchasing an additional 1,086 shares during the period. California Public Employees Retirement System purchased a new stake in shares of WashingtonFirst Bankshares in the second quarter valued at about $320,000. Finally, Rhumbline Advisers purchased a new stake in shares of WashingtonFirst Bankshares in the second quarter valued at about $356,000. 55.88% of the stock is owned by institutional investors and hedge funds.
Shares of WashingtonFirst Bankshares (WFBI) opened at $34.15 on Tuesday. The company has a market cap of $424.71, a price-to-earnings ratio of 22.62 and a beta of 0.15. The company has a quick ratio of 0.98, a current ratio of 1.00 and a debt-to-equity ratio of 0.66. WashingtonFirst Bankshares has a 1-year low of $26.22 and a 1-year high of $37.19.
WashingtonFirst Bankshares (NASDAQ:WFBI) last issued its quarterly earnings results on Thursday, October 19th. The bank reported $0.41 EPS for the quarter, hitting the consensus estimate of $0.41. The company had revenue of $23.40 million during the quarter, compared to analyst estimates of $24.98 million. WashingtonFirst Bankshares had a net margin of 19.00% and a return on equity of 18.37%. analysts expect that WashingtonFirst Bankshares will post 1.57 earnings per share for the current year.
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WashingtonFirst Bankshares Company Profile
WashingtonFirst Bankshares, Inc is a bank holding company. The Company, through its subsidiary, WashingtonFirst Bank (the Bank), operates banking offices throughout the Washington, DC metropolitan area. The Company’s segments include Commercial Bank, Mortgage Bank, Wealth Management and Other. In addition, the Company provides wealth management services through its subsidiary, 1st Portfolio, Inc (Wealth Advisors), located in Fairfax, Virginia, and mortgage banking services through the Bank’s subsidiary, WashingtonFirst Mortgage Corporation, which operates in two locations: Fairfax, Virginia and Rockville, Maryland.
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