WashingtonFirst Bankshares Inc (NASDAQ:WFBI) insider Joseph S. Bracewell sold 17,000 shares of the company’s stock in a transaction on Tuesday, December 12th. The stock was sold at an average price of $34.30, for a total transaction of $583,100.00. Following the sale, the insider now directly owns 327,961 shares of the company’s stock, valued at $11,249,062.30. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Shares of WashingtonFirst Bankshares Inc (NASDAQ:WFBI) traded up $0.06 during trading hours on Thursday, hitting $34.38. 19,900 shares of the company traded hands, compared to its average volume of 33,112. The company has a current ratio of 1.00, a quick ratio of 0.98 and a debt-to-equity ratio of 0.66. The stock has a market cap of $430.08, a P/E ratio of 22.43 and a beta of 0.11. WashingtonFirst Bankshares Inc has a fifty-two week low of $26.22 and a fifty-two week high of $37.19.

WashingtonFirst Bankshares (NASDAQ:WFBI) last released 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. WashingtonFirst Bankshares had a net margin of 19.00% and a return on equity of 18.37%. The company had revenue of $23.40 million during the quarter, compared to the consensus estimate of $24.98 million. sell-side analysts predict that WashingtonFirst Bankshares Inc will post 1.57 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 24th. Stockholders of record on Monday, November 20th were issued a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.81%. The ex-dividend date of this dividend was Friday, November 17th. WashingtonFirst Bankshares’s payout ratio is 9.27%.

Institutional investors and hedge funds have recently bought and sold shares of the business. Dimensional Fund Advisors LP grew its holdings in WashingtonFirst Bankshares by 41.2% during the first quarter. Dimensional Fund Advisors LP now owns 48,531 shares of the bank’s stock valued at $1,359,000 after purchasing an additional 14,156 shares during the period. Bronfman E.L. Rothschild L.P. lifted its position in shares of WashingtonFirst Bankshares by 1,194.6% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 91,814 shares of the bank’s stock worth $3,170,000 after purchasing an additional 84,722 shares in the last quarter. Rhumbline Advisers bought a new stake in shares of WashingtonFirst Bankshares in the second quarter worth $356,000. New York State Common Retirement Fund raised its position in WashingtonFirst Bankshares by 131.4% during the second quarter. New York State Common Retirement Fund now owns 12,150 shares of the bank’s stock worth $420,000 after acquiring an additional 6,899 shares in the last quarter. Finally, Vanguard Group Inc. raised its position in WashingtonFirst Bankshares by 18.1% during the second quarter. Vanguard Group Inc. now owns 372,580 shares of the bank’s stock worth $12,865,000 after acquiring an additional 57,035 shares in the last quarter. Hedge funds and other institutional investors own 55.94% of the company’s stock.

Separately, BidaskClub upgraded shares of WashingtonFirst Bankshares from a “sell” rating to a “hold” rating in a research note on Wednesday, December 6th.

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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.

Insider Buying and Selling by Quarter for WashingtonFirst Bankshares (NASDAQ:WFBI)

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