WashingtonFirst Bankshares Inc (NASDAQ:WFBI) Director Gail R. Steckler sold 2,755 shares of the company’s stock in a transaction on Thursday, December 14th. The shares were sold at an average price of $34.18, for a total transaction of $94,165.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
WashingtonFirst Bankshares Inc (NASDAQ WFBI) traded up $1.01 during trading on Friday, hitting $34.42. 73,258 shares of the company were exchanged, compared to its average volume of 25,154. 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 Inc has a 52 week low of $26.22 and a 52 week high of $37.19. The firm has a market cap of $431.32, a P/E ratio of 22.50 and a beta of 0.11.
WashingtonFirst Bankshares (NASDAQ:WFBI) last released its earnings results on Thursday, October 19th. The bank reported $0.41 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.41. WashingtonFirst Bankshares had a net margin of 19.00% and a return on equity of 18.37%. The company had revenue of $23.40 million for the quarter, compared to the consensus estimate of $24.98 million. analysts anticipate that WashingtonFirst Bankshares Inc will post 1.57 earnings per share for the current fiscal year.
Several institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in shares of WashingtonFirst Bankshares by 18.1% during the 2nd quarter. Vanguard Group Inc. now owns 372,580 shares of the bank’s stock valued at $12,865,000 after acquiring an additional 57,035 shares during the period. Context BH Capital Management LP raised its holdings in WashingtonFirst Bankshares by 39.2% during the third quarter. Context BH Capital Management LP now owns 329,375 shares of the bank’s stock worth $11,722,000 after buying an additional 92,735 shares during the last quarter. Tudor Investment Corp ET AL acquired a new position in WashingtonFirst Bankshares during the second quarter worth $9,477,000. Magnetar Financial LLC raised its holdings in WashingtonFirst Bankshares by 20.9% during the third quarter. Magnetar Financial LLC now owns 224,324 shares of the bank’s stock worth $7,984,000 after buying an additional 38,824 shares during the last quarter. Finally, State Street Corp raised its holdings in WashingtonFirst Bankshares by 13.5% during the second quarter. State Street Corp now owns 155,174 shares of the bank’s stock worth $5,357,000 after buying an additional 18,436 shares during the last quarter. Institutional investors own 55.94% of the company’s stock.
Separately, BidaskClub raised shares of WashingtonFirst Bankshares from a “sell” rating to a “hold” rating in a research note on Wednesday, December 6th.
TRADEMARK VIOLATION WARNING: “Gail R. Steckler Sells 2,755 Shares of WashingtonFirst Bankshares Inc (WFBI) Stock” was reported by StockNewsTimes and is the property of of StockNewsTimes. If you are accessing this story on another domain, it was illegally stolen and republished in violation of U.S. and international trademark and copyright laws. The legal version of this story can be read at https://stocknewstimes.com/2017/12/17/gail-r-steckler-sells-2755-shares-of-washingtonfirst-bankshares-inc-wfbi-stock.html.
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.
Receive News & Ratings for WashingtonFirst Bankshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WashingtonFirst Bankshares and related companies with MarketBeat.com's FREE daily email newsletter.