James P. Muldoon Sells 2,500 Shares of WashingtonFirst Bankshares Inc (WFBI) Stock

WashingtonFirst Bankshares Inc (NASDAQ:WFBI) Director James P. Muldoon sold 2,500 shares of the firm’s stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $34.76, for a total transaction of $86,900.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of WashingtonFirst Bankshares Inc (NASDAQ:WFBI) traded down $0.67 during trading hours on Friday, hitting $34.15. 19,500 shares of the stock traded hands, compared to its average volume of 33,237. The company has a current ratio of 1.00, a quick ratio of 0.98 and a debt-to-equity ratio of 0.66. WashingtonFirst Bankshares Inc has a 1-year low of $26.22 and a 1-year high of $37.19. The stock has a market capitalization of $426.07, a P/E ratio of 22.22 and a beta of 0.13.

WashingtonFirst Bankshares (NASDAQ:WFBI) last announced its earnings results on Thursday, October 19th. The bank reported $0.41 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.41. The company had revenue of $23.40 million during the quarter, compared to analysts’ expectations of $24.98 million. WashingtonFirst Bankshares had a net margin of 19.00% and a return on equity of 18.37%. sell-side analysts forecast that WashingtonFirst Bankshares Inc will post 1.57 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 24th. Shareholders of record on Monday, November 20th were paid a dividend of $0.07 per share. The ex-dividend date of this dividend was Friday, November 17th. This represents a $0.28 annualized dividend and a yield of 0.82%. WashingtonFirst Bankshares’s dividend payout ratio is currently 13.91%.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. California Public Employees Retirement System raised its holdings in WashingtonFirst Bankshares by 25.0% in the third quarter. California Public Employees Retirement System now owns 11,605 shares of the bank’s stock valued at $413,000 after acquiring an additional 2,324 shares in the last quarter. Magnetar Financial LLC grew its position in WashingtonFirst Bankshares by 20.9% in the 3rd quarter. Magnetar Financial LLC now owns 224,324 shares of the bank’s stock valued at $7,984,000 after buying an additional 38,824 shares in the last quarter. Citadel Advisors LLC bought a new position in WashingtonFirst Bankshares in the 3rd quarter valued at about $224,000. Bank of New York Mellon Corp grew its position in WashingtonFirst Bankshares by 4.8% in the 3rd quarter. Bank of New York Mellon Corp now owns 70,727 shares of the bank’s stock valued at $2,517,000 after buying an additional 3,260 shares in the last quarter. Finally, Context BH Capital Management LP lifted its holdings in WashingtonFirst Bankshares by 39.2% in the 3rd quarter. Context BH Capital Management LP now owns 329,375 shares of the bank’s stock valued at $11,722,000 after acquiring an additional 92,735 shares during the last quarter. 55.94% of the stock is currently owned by institutional investors and hedge funds.

Separately, BidaskClub raised shares of WashingtonFirst Bankshares from a “sell” rating to a “hold” rating in a research report on Thursday, August 3rd.

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About WashingtonFirst Bankshares

WashingtonFirst Bankshares, Inc is a bank holding company. The Company, through its subsidiary, WashingtonFirst Bank (the Bank), operates banking offices throughout the Washington, DC metropolitan area. The Company’s segments include Commercial Bank, Mortgage Bank, Wealth Management and Other. 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 Corporation, which operates in two locations: Fairfax, Virginia and Rockville, Maryland.

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