Washington Trust Bancorp, Inc. (NASDAQ:WASH) EVP James M. Hagerty sold 1,100 shares of Washington Trust Bancorp stock in a transaction that occurred on Wednesday, November 8th. The shares were sold at an average price of $53.21, for a total transaction of $58,531.00. Following the completion of the transaction, the executive vice president now directly owns 7,609 shares in the company, valued at $404,874.89. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 shares were sold at an average price of $52.11, for a total transaction of $52.11.

Shares of Washington Trust Bancorp, Inc. (NASDAQ WASH) traded down $0.15 during trading hours on Monday, reaching $52.85. 16,700 shares of the company were exchanged, compared to its average volume of 38,234. Washington Trust Bancorp, Inc. has a fifty-two week low of $47.00 and a fifty-two week high of $59.10. The company has a debt-to-equity ratio of 2.02, a current ratio of 1.09 and a quick ratio of 1.09. The company has a market capitalization of $910.12, a PE ratio of 18.29 and a beta of 0.76.

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

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Institutional investors have recently modified their holdings of the business. SG Americas Securities LLC acquired a new stake in Washington Trust Bancorp in the third quarter valued at approximately $128,000. Tower Research Capital LLC TRC boosted its position in Washington Trust Bancorp by 1,825.7% in the second quarter. Tower Research Capital LLC TRC now owns 2,696 shares of the financial services provider’s stock valued at $139,000 after buying an additional 2,556 shares in the last quarter. Eqis Capital Management Inc. acquired a new stake in Washington Trust Bancorp in the third quarter valued at approximately $213,000. Susquehanna International Group LLP acquired a new stake in Washington Trust Bancorp in the second quarter valued at approximately $202,000. Finally, Boston Private Wealth LLC acquired a new stake in Washington Trust Bancorp in the second quarter valued at approximately $202,000. Hedge funds and other institutional investors own 54.95% of the company’s stock.

A number of research analysts recently issued reports on the stock. BidaskClub cut shares of Washington Trust Bancorp from a “hold” rating to a “sell” rating in a research note on Wednesday, August 9th. Compass Point cut shares of Washington Trust Bancorp from a “buy” rating to a “neutral” rating in a research note 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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