Insider Selling: Donald Williams Unloads 61,778 Shares of Westfield Financial Stock (WFD)
Westfield Financial (NYSE:WFD) Director Donald Williams sold 61,778 shares of Westfield Financial stock on the open market in a transaction that occurred on Monday, October 28th. The stock was sold at an average price of $7.47, for a total transaction of $461,481.66. Following the transaction, the director now directly owns 11,200 shares of the company’s stock, valued at approximately $83,664. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
A number of analysts have recently weighed in on WFD shares. Analysts at Keefe, Bruyette & Woods raised their price target on shares of Westfield Financial from $14.00 to $16.00 in a research note to investors on Monday. Analysts at FIG Partners initiated coverage on shares of Westfield Financial in a research note to investors on Wednesday, October 9th. They set a “market perform” rating on the stock. Two research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Westfield Financial has an average rating of “Buy” and an average target price of $12.25.
Westfield Financial (NYSE:WFD) traded down 1.34% on Wednesday, hitting $7.37. The stock had a trading volume of 21,725 shares. Westfield Financial has a 1-year low of $6.45 and a 1-year high of $8.07. The stock’s 50-day moving average is $6.87 and its 200-day moving average is $7.34. The company has a market cap of $144.3 million and a P/E ratio of 24.10.
Westfield Financial (NYSE:WFD) last posted its quarterly earnings results on Wednesday, October 23rd. The company reported $0.08 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.08. Analysts expect that Westfield Financial will post $0.31 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Wednesday, November 20th. Shareholders of record on Wednesday, November 6th will be given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 3.26%. The ex-dividend date of this dividend is Monday, November 4th.
Westfield Financial, Inc (NYSE:WFD) serves as a holding company for Westfield Bank (the Bank).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.