Washington Trust Bancorp, Inc. (NASDAQ:WASH) Director John F. Treanor sold 5,500 shares of the business’s stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $55.94, for a total transaction of $307,670.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Washington Trust Bancorp, Inc. (NASDAQ WASH) traded down $0.90 during midday trading on Wednesday, hitting $54.65. 23,000 shares of the stock traded hands, compared to its average volume of 37,356. Washington Trust Bancorp, Inc. has a 1-year low of $47.00 and a 1-year 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 firm has a market cap of $956.62, a price-to-earnings ratio of 19.22 and a beta of 0.75.

Washington Trust Bancorp (NASDAQ:WASH) last posted its quarterly earnings results on Monday, October 23rd. The financial services provider reported $0.75 EPS for the quarter, beating the Thomson Reuters’ consensus estimate 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 business had revenue of $47.34 million during the quarter.

Several equities research analysts have recently weighed in on the stock. Compass Point downgraded shares of Washington Trust Bancorp from a “buy” rating to a “neutral” rating in a research report on Tuesday, October 24th. BidaskClub lowered shares of Washington Trust Bancorp from a “hold” rating to a “sell” rating in a report on Wednesday, August 9th.

Institutional investors have recently bought and sold shares of the business. New England Research & Management Inc. boosted its stake in Washington Trust Bancorp by 1.4% during the 3rd quarter. New England Research & Management Inc. now owns 73,859 shares of the financial services provider’s stock valued at $4,228,000 after purchasing an additional 1,050 shares during the period. John W. Rosenthal Capital Management Inc. boosted its stake in Washington Trust Bancorp by 4.5% during the 2nd quarter. John W. Rosenthal Capital Management Inc. now owns 62,837 shares of the financial services provider’s stock valued at $3,239,000 after purchasing an additional 2,700 shares during the period. Northern Trust Corp boosted its stake in Washington Trust Bancorp by 2.1% during the 2nd quarter. Northern Trust Corp now owns 526,769 shares of the financial services provider’s stock valued at $27,154,000 after purchasing an additional 10,788 shares during the period. Principal Financial Group Inc. boosted its stake in Washington Trust Bancorp by 187.5% during the 2nd quarter. Principal Financial Group Inc. now owns 1,094,945 shares of the financial services provider’s stock valued at $56,445,000 after purchasing an additional 714,155 shares during the period. Finally, Schwab Charles Investment Management Inc. boosted its stake in Washington Trust Bancorp by 13.4% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 66,743 shares of the financial services provider’s stock valued at $3,291,000 after purchasing an additional 7,886 shares during the period. 55.09% of the stock is owned by hedge funds and other institutional investors.

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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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