A.R.T. Advisors LLC bought a new position in shares of WashingtonFirst Bankshares Inc (NASDAQ:WFBI) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 7,640 shares of the company’s stock, valued at approximately $221,000. A.R.T. Advisors LLC owned approximately 0.06% of WashingtonFirst Bankshares as of its most recent filing with the SEC.
Other institutional investors also recently modified their holdings of the company. Bessemer Group Inc. increased its position in shares of WashingtonFirst Bankshares by 5.0% in the fourth quarter. Bessemer Group Inc. now owns 4,725 shares of the company’s stock worth $137,000 after buying an additional 225 shares during the last quarter. Rehmann Capital Advisory Group bought a new position in shares of WashingtonFirst Bankshares during the third quarter worth approximately $219,000. North American Management Corp bought a new position in shares of WashingtonFirst Bankshares during the third quarter worth approximately $227,000. Sullivan Bruyette Speros & Blaney LLC bought a new position in shares of WashingtonFirst Bankshares during the fourth quarter worth approximately $245,000. Finally, ELCO Management Co. LLC bought a new position in shares of WashingtonFirst Bankshares during the third quarter worth approximately $483,000. Institutional investors own 45.22% of the company’s stock.
WashingtonFirst Bankshares Inc (NASDAQ:WFBI) opened at 28.09 on Tuesday. The firm has a market capitalization of $362.25 million, a P/E ratio of 20.50 and a beta of 0.16. The firm has a 50-day moving average price of $27.96 and a 200-day moving average price of $26.02. WashingtonFirst Bankshares Inc has a 52 week low of $18.57 and a 52 week high of $30.58.
WashingtonFirst Bankshares (NASDAQ:WFBI) last released its quarterly earnings results on Thursday, January 26th. The company reported $0.36 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.34 by $0.02. WashingtonFirst Bankshares had a net margin of 17.77% and a return on equity of 13.42%. Equities analysts forecast that WashingtonFirst Bankshares Inc will post $1.53 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Monday, April 3rd. Shareholders of record on Monday, March 13th will be issued a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date of this dividend is Thursday, March 9th. WashingtonFirst Bankshares’s dividend payout ratio (DPR) is 20.45%.
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In other news, Director Madhu K. Mohan purchased 2,854 shares of the firm’s stock in a transaction on Tuesday, January 31st. The stock was bought at an average cost of $27.74 per share, for a total transaction of $79,169.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 22.86% of the stock is owned by corporate insiders.
WashingtonFirst Bankshares Company Profile
WashingtonFirst Bankshares, Inc is a bank holding company. The Company, through its subsidiary, WashingtonFirst Bank (the Bank), operates approximately 20 banking offices throughout the Washington, District of Columbia (DC) metropolitan area. The Company’s segments include traditional commercial banking, a mortgage banking business and a wealth management business.
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