WSFS Financial Corp. (NASDAQ:WSFS) EVP Rodger Levenson sold 45,024 shares of the firm’s stock in a transaction that occurred on Monday, November 21st. The shares were sold at an average price of $40.89, for a total transaction of $1,841,031.36. Following the transaction, the executive vice president now directly owns 55,297 shares in the company, valued at approximately $2,261,094.33. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

WSFS Financial Corp. (NASDAQ:WSFS) opened at 42.05 on Thursday. WSFS Financial Corp. has a one year low of $26.40 and a one year high of $42.30. The firm has a market cap of $1.32 billion, a P/E ratio of 21.44 and a beta of 1.17. The firm’s 50-day moving average price is $37.02 and its 200 day moving average price is $35.82.

WSFS Financial Corp. (NASDAQ:WSFS) last issued its quarterly earnings data on Thursday, October 27th. The company reported $0.41 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.51 by $0.10. WSFS Financial Corp. had a net margin of 19.56% and a return on equity of 10.75%. The business earned $46 million during the quarter, compared to analyst estimates of $50.03 million. During the same quarter in the prior year, the firm posted $0.53 earnings per share. WSFS Financial Corp.’s revenue for the quarter was up 54.9% compared to the same quarter last year. On average, equities research analysts forecast that WSFS Financial Corp. will post $2.11 EPS for the current year.

Insider Buying and Selling by Quarter for WSFS Financial Corp. (NASDAQ:WSFS)

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 25th. Investors of record on Friday, November 11th will be given a $0.07 dividend. The ex-dividend date is Tuesday, November 8th. This is a positive change from WSFS Financial Corp.’s previous quarterly dividend of $0.06. This represents a $0.28 annualized dividend and a dividend yield of 0.67%. WSFS Financial Corp.’s payout ratio is currently 14.21%.

Several institutional investors have recently modified their holdings of the stock. Aberdeen Asset Management PLC UK raised its position in shares of WSFS Financial Corp. by 48.5% in the second quarter. Aberdeen Asset Management PLC UK now owns 701,736 shares of the company’s stock valued at $22,588,000 after buying an additional 229,167 shares in the last quarter. TIAA CREF Investment Management LLC raised its position in shares of WSFS Financial Corp. by 6.6% in the first quarter. TIAA CREF Investment Management LLC now owns 97,050 shares of the company’s stock valued at $3,156,000 after buying an additional 6,002 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of WSFS Financial Corp. by 9.2% in the second quarter. Dimensional Fund Advisors LP now owns 1,021,527 shares of the company’s stock valued at $32,882,000 after buying an additional 85,811 shares in the last quarter. Shell Asset Management Co. acquired a new position in shares of WSFS Financial Corp. during the second quarter valued at about $513,000. Finally, Smith Asset Management Group LP raised its position in shares of WSFS Financial Corp. by 7.3% in the second quarter. Smith Asset Management Group LP now owns 58,950 shares of the company’s stock valued at $1,898,000 after buying an additional 4,000 shares in the last quarter. Institutional investors and hedge funds own 74.13% of the company’s stock.

Several equities analysts recently weighed in on WSFS shares. Stephens started coverage on shares of WSFS Financial Corp. in a research report on Friday, September 23rd. They set an “equal weight” rating on the stock. Zacks Investment Research lowered shares of WSFS Financial Corp. from a “buy” rating to a “hold” rating in a research report on Thursday, September 29th. Finally, Keefe, Bruyette & Woods upgraded WSFS Financial Corp. from a “market perform” rating to an “outperform” rating and increased their price target for the company from $37.00 to $38.00 in a report on Monday, October 31st.

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About WSFS Financial Corp.

WSFS Financial Corporation is a savings and loan holding company. The Company’s subsidiary is Wilmington Savings Fund Society, FSB (WSFS Bank or the Bank), which is the bank and trust company. The Company operates in three segments: WSFS Bank, Cash Connect and Wealth Management. The WSFS Bank segment provides loans and other financial products to commercial and retail customers.

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