November 23, 2016 - By Marie Mckinney
The well informed person Madhu Mohan who is director of Washingtonfirst Bankshares Inc purchased some 198 shares of the Virginia-based company having a market value near $5,158 U.S. Dollars totalled based on $26.1 for each one share. Right now, Madhu Mohan owns 277,872 shares which are roughly 2.21% of Washingtonfirst Bankshares Inc’s market cap. The dated November 23, 2016 transaction’s filing filed with the D.C. based-SEC is free at your disposal here.
Out of 2 analysts covering WashingtonFirst Bankshares (NASDAQ:WFBI), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. WashingtonFirst Bankshares has been the topic of 3 analyst reports since December 14, 2015 according to StockzIntelligence Inc. The company was downgraded on Monday, October 24 by Raymond James. Keefe Bruyette & Woods downgraded WashingtonFirst Bankshares Inc (NASDAQ:WFBI) on Monday, October 24 to “Mkt Perform” rating. The company was initiated on Monday, December 14 by Raymond James.
Insitutional Activity: The institutional sentiment decreased to 1.19 in 2016 Q2. Its down 1.10, from 2.29 in 2016Q1. The ratio turned negative, as 7 funds sold all WashingtonFirst Bankshares Inc shares owned while 7 reduced positions. 17 funds bought stakes while 15 increased positions. They now own 5.03 million shares or 8.93% more from 4.62 million shares in 2016Q1.
Moreover, Basswood Capital Mgmt Limited Liability Com has 0.58% invested in WashingtonFirst Bankshares Inc (NASDAQ:WFBI) for 461,087 shares. Schwab Charles Invest Inc holds 0% of its portfolio in WashingtonFirst Bankshares Inc (NASDAQ:WFBI) for 12,000 shares. Maltese Cap Mgmt Ltd Liability has 0.53% invested in the company for 195,000 shares. Creative Planning last reported 0.01% of its portfolio in the stock. Rmb Mgmt Ltd Liability reported 118,015 shares or 0.13% of all its holdings. Grace And White Incorporated holds 0.51% of its portfolio in WashingtonFirst Bankshares Inc (NASDAQ:WFBI) for 105,106 shares. Wells Fargo Mn reported 3,230 shares or 0% of all its holdings. American Group, a New York-based fund reported 4,654 shares. Vanguard Inc has 0% invested in the company for 103,782 shares. The California-based Fuller Thaler Asset Mngmt has invested 0% in WashingtonFirst Bankshares Inc (NASDAQ:WFBI). Endicott Mgmt has 665,745 shares for 5.25% of their US portfolio. Banc Funds Limited Com accumulated 0.3% or 236,930 shares. Moreover, Geode Capital Mngmt Llc has 0% invested in WashingtonFirst Bankshares Inc (NASDAQ:WFBI) for 32,409 shares. Bnp Paribas Arbitrage Sa has 320 shares for 0% of their US portfolio. Moreover, Citigroup Inc has 0% invested in WashingtonFirst Bankshares Inc (NASDAQ:WFBI) for 804 shares.
Insider Transactions: Since June 13, 2016, the stock had 4 insider purchases, and 1 insider sale for $196,422 net activity. Shares for $12,972 were bought by BRACEWELL JOSEPH S on Tuesday, October 25. Another trade for 1,008 shares valued at $23,712 was sold by Johnson Matthew R. Michael Mark C also bought $98,900 worth of WashingtonFirst Bankshares Inc (NASDAQ:WFBI) shares. Merrick Caren D bought $97,462 worth of WashingtonFirst Bankshares Inc (NASDAQ:WFBI) on Monday, August 22.
About 21,967 shares traded hands or 7.43% up from the average. WashingtonFirst Bankshares Inc (NASDAQ:WFBI) has risen 15.32% since April 21, 2016 and is uptrending. It has outperformed by 9.99% the S&P500.
WashingtonFirst Bankshares, Inc. is a bank holding company. The company has a market cap of $338.76 million. The Company, through its subsidiary, WashingtonFirst Bank , operates approximately 20 banking offices throughout the Washington, District of Columbia (D.C.) metropolitan area. It has a 19.69 P/E ratio. The Company’s divisions include traditional commercial banking, a mortgage banking business and a wealth management business.
According to Zacks Investment Research, “WashingtonFirst Bankshares, Inc. operates as a bank holding company. The Company’s banking subsidiary offers various deposit products, including business and personal checking accounts, NOW accounts, tiered savings and money market accounts, time deposit accounts, and individual retirement accounts. It also offers commercial loans, commercial real estate loans, commercial and residential real estate construction loans, residential mortgage loans, home equity loans, and consumer loans. The company provides cash management services, such as electronic banking, sweep accounts, lockbox and account reconciliation, merchant card depository, safe deposit boxes, and automated clearing house origination services, as well as after hour depository, ATMs, remote deposit capture, and courier services. WashingtonFirst Bankshares, Inc. is based in Reston, Virginia.”
Analysts await WashingtonFirst Bankshares Inc (NASDAQ:WFBI) to report earnings on January, 26. They expect $0.34 EPS, up 6.25% or $0.02 from last year’s $0.32 per share. WFBI’s profit will be $4.23 million for 20.00 P/E if the $0.34 EPS becomes a reality. After $0.39 actual EPS reported by WashingtonFirst Bankshares Inc for the previous quarter, Wall Street now forecasts -12.82% negative EPS growth.
More notable recent WashingtonFirst Bankshares Inc (NASDAQ:WFBI) news were published by: Businesswire.com which released: “WashingtonFirst Bankshares, Inc. Declares 13th Consecutive Quarterly Cash ..” on November 22, 2016, also Businesswire.com with their article: “WashingtonFirst Bankshares Inc. Added to Russell 2000 Index” published on June 28, 2016, Businesswire.com published: “WashingtonFirst Bankshares, Inc. Completes Acquisition of 1st Portfolio ..” on July 31, 2015. More interesting news about WashingtonFirst Bankshares Inc (NASDAQ:WFBI) were released by: Businesswire.com and their article: “WashingtonFirst Bankshares, Inc. Selected As a Top Performer By Sandler O’Neill” published on September 27, 2016 as well as Businesswire.com‘s news article titled: “WashingtonFirst Bankshares, Inc. Announces Name Change of 1st Portfolio ..” with publication date: February 08, 2016.
WashingtonFirst Bankshares, Inc., incorporated on March 1, 2015, 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 (D.C.) metropolitan area. The Company’s divisions include traditional commercial banking, a mortgage banking business and a wealth management business. The commercial banking segment provides the mortgage banking segment with the short-term funds needed to originate mortgage loans through a warehouse line of credit and charges the mortgage banking segment interest based on a premium over their cost to borrow funds. 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, which operates in two locations: Fairfax, Virginia and Rockville, Maryland. The Firm offers a range of commercial banking services and products to small-to-medium sized businesses, not-for-profit organizations, professional service firms and individuals in the greater Washington, D.C. metropolitan area. In addition, the Mortgage Company provides residential mortgage lending services to clients in the Washington, D.C. metropolitan and greater mid-Atlantic areas.
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