Washington Trust Bancorp, Inc. (WASH) EVP James M. Hagerty Sells 900 Shares

Washington Trust Bancorp, Inc. (NASDAQ:WASH) EVP James M. Hagerty sold 900 shares of Washington Trust Bancorp stock in a transaction on Monday, November 13th. The stock was sold at an average price of $53.33, for a total value of $47,997.00. Following the transaction, the executive vice president now directly owns 7,609 shares of the company’s stock, valued at $405,787.97. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

James M. Hagerty also recently made the following trade(s):

  • On Tuesday, October 31st, James M. Hagerty sold 1 shares of Washington Trust Bancorp stock. The stock was sold at an average price of $52.11, for a total value of $52.11.

Washington Trust Bancorp, Inc. (WASH) opened at $53.35 on Tuesday. Washington Trust Bancorp, Inc. has a 1-year low of $47.00 and a 1-year high of $59.10. The firm has a market capitalization of $910.12, a price-to-earnings ratio of 18.29 and a beta of 0.76. The company has a debt-to-equity ratio of 2.02, a current ratio of 1.09 and a quick ratio of 1.09.

Washington Trust Bancorp (NASDAQ:WASH) last released its quarterly earnings results on Monday, October 23rd. The financial services provider reported $0.75 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.74 by $0.01. Washington Trust Bancorp had a return on equity of 12.44% and a net margin of 23.63%. The company had revenue of $47.34 million during the quarter.

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Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. New England Research & Management Inc. raised its holdings in shares of Washington Trust Bancorp by 1.4% in the third quarter. New England Research & Management Inc. now owns 73,859 shares of the financial services provider’s stock worth $4,228,000 after acquiring an additional 1,050 shares during the last quarter. John W. Rosenthal Capital Management Inc. raised its holdings in shares of Washington Trust Bancorp by 4.5% in the second quarter. John W. Rosenthal Capital Management Inc. now owns 62,837 shares of the financial services provider’s stock worth $3,239,000 after acquiring an additional 2,700 shares during the last quarter. Principal Financial Group Inc. raised its holdings in shares of Washington Trust Bancorp by 187.5% in the second quarter. Principal Financial Group Inc. now owns 1,094,945 shares of the financial services provider’s stock worth $56,445,000 after acquiring an additional 714,155 shares during the last quarter. Northern Trust Corp raised its holdings in shares of Washington Trust Bancorp by 2.1% in the second quarter. Northern Trust Corp now owns 526,769 shares of the financial services provider’s stock worth $27,154,000 after acquiring an additional 10,788 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. raised its holdings in shares of Washington Trust Bancorp by 13.4% in the first quarter. Schwab Charles Investment Management Inc. now owns 66,743 shares of the financial services provider’s stock worth $3,291,000 after acquiring an additional 7,886 shares during the last quarter. 54.95% of the stock is owned by institutional investors.

Several brokerages recently issued reports on WASH. BidaskClub raised Washington Trust Bancorp from a “sell” rating to a “hold” rating in a report on Thursday, August 3rd. Compass Point cut Washington Trust Bancorp from a “buy” rating to a “neutral” rating in a report on Tuesday, October 24th.

Washington Trust Bancorp Company Profile

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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