Washington Trust Bancorp (WASH) Earns News Sentiment Score of 0.26

Media headlines about Washington Trust Bancorp (NASDAQ:WASH) have been trending positive on Wednesday, according to Accern. Accern rates the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Washington Trust Bancorp earned a media sentiment score of 0.26 on Accern’s scale. Accern also assigned media headlines about the financial services provider an impact score of 45.7416257041615 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Here are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:

Washington Trust Bancorp (WASH) opened at $53.75 on Wednesday. Washington Trust Bancorp has a twelve month low of $47.00 and a twelve month high of $59.10. The company has a market capitalization of $929.07, a P/E ratio of 18.60 and a beta of 0.75. The company has a debt-to-equity ratio of 2.02, a current ratio of 1.09 and a quick ratio of 1.09.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 12th. Investors of record on Tuesday, January 2nd were issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 2.90%. The ex-dividend date of this dividend was Friday, December 29th. Washington Trust Bancorp’s dividend payout ratio is presently 53.98%.

A number of research analysts recently commented on the company. Compass Point upgraded Washington Trust Bancorp from a “neutral” rating to a “buy” rating in a report on Monday, December 18th. BidaskClub cut Washington Trust Bancorp from a “hold” rating to a “sell” rating in a report on Friday, January 26th.

In related news, EVP James M. Hagerty sold 1,100 shares of the company’s stock in a transaction that occurred on Wednesday, November 8th. The stock was sold at an average price of $53.21, for a total value of $58,531.00. Following the transaction, the executive vice president now directly owns 7,609 shares in the company, valued at $404,874.89. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John F. Treanor sold 5,500 shares of the company’s stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $55.94, for a total value of $307,670.00. The disclosure for this sale can be found here. Insiders sold 8,500 shares of company stock worth $467,428 over the last quarter. 2.58% of the stock is currently owned by insiders.

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About Washington Trust Bancorp

Washington Trust Bancorp, Inc is a bank holding company and financial holding company. The Company is a holding company of The Washington Trust Company, of Westerly (the Bank), a Rhode Island chartered commercial bank. The Company operates through two business segments: Commercial Banking and Wealth Management Services.

Insider Buying and Selling by Quarter for Washington Trust Bancorp (NASDAQ:WASH)

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