State Street Corp Has $5.36 Million Holdings in WashingtonFirst Bankshares Inc (WFBI)

State Street Corp raised its holdings in WashingtonFirst Bankshares Inc (NASDAQ:WFBI) by 13.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 155,174 shares of the bank’s stock after purchasing an additional 18,436 shares during the quarter. State Street Corp owned 1.19% of WashingtonFirst Bankshares worth $5,357,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Virtu KCG Holdings LLC purchased a new stake in WashingtonFirst Bankshares in the 2nd quarter valued at approximately $259,000. California Public Employees Retirement System purchased a new stake in WashingtonFirst Bankshares in the 2nd quarter valued at approximately $320,000. Rhumbline Advisers purchased a new stake in WashingtonFirst Bankshares in the 2nd quarter valued at approximately $356,000. New York State Common Retirement Fund boosted its stake in shares of WashingtonFirst Bankshares by 131.4% during the 2nd quarter. New York State Common Retirement Fund now owns 12,150 shares of the bank’s stock worth $420,000 after acquiring an additional 6,899 shares in the last quarter. Finally, GAM Holding AG purchased a new stake in shares of WashingtonFirst Bankshares during the 2nd quarter worth approximately $423,000. 55.94% of the stock is currently owned by institutional investors.

Shares of WashingtonFirst Bankshares Inc (NASDAQ WFBI) opened at $34.90 on Tuesday. The company has a market capitalization of $429.32, a P/E ratio of 22.39 and a beta of 0.11. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.98 and a current ratio of 1.00. WashingtonFirst Bankshares Inc has a 52 week low of $26.22 and a 52 week high of $37.19.

WashingtonFirst Bankshares (NASDAQ:WFBI) last announced its quarterly earnings results on Thursday, October 19th. The bank reported $0.41 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.41. The business had revenue of $23.40 million for the quarter, compared to analyst estimates of $24.98 million. WashingtonFirst Bankshares had a return on equity of 18.37% and a net margin of 19.00%. research analysts expect that WashingtonFirst Bankshares Inc will post 1.57 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, November 24th. Stockholders of record on Monday, November 20th were paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 0.80%. The ex-dividend date was Friday, November 17th. WashingtonFirst Bankshares’s dividend payout ratio (DPR) is 13.91%.

In other news, Director James P. Muldoon sold 2,500 shares of the business’s stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $34.76, for a total transaction of $86,900.00. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Matthew R. Johnson sold 2,503 shares of the business’s stock in a transaction that occurred on Friday, September 15th. The stock was sold at an average price of $33.50, for a total value of $83,850.50. Following the sale, the chief financial officer now directly owns 67,055 shares in the company, valued at approximately $2,246,342.50. The disclosure for this sale can be found here. Insiders have sold a total of 5,559 shares of company stock worth $189,477 in the last three months. Corporate insiders own 20.70% of the company’s stock.

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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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Institutional Ownership by Quarter for WashingtonFirst Bankshares (NASDAQ:WFBI)

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