10,314 Shares in WashingtonFirst Bankshares Inc (WFBI) Acquired by Rhumbline Advisers
Rhumbline Advisers bought a new stake in WashingtonFirst Bankshares Inc (NASDAQ:WFBI) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,314 shares of the bank’s stock, valued at approximately $356,000. Rhumbline Advisers owned about 0.08% of WashingtonFirst Bankshares as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also recently bought and sold shares of WFBI. Vanguard Group Inc. grew its holdings in WashingtonFirst Bankshares by 21.5% in the first quarter. Vanguard Group Inc. now owns 315,545 shares of the bank’s stock valued at $8,835,000 after purchasing an additional 55,834 shares during the last quarter. Bowling Portfolio Management LLC acquired a new stake in WashingtonFirst Bankshares in the second quarter valued at $575,000. Renaissance Technologies LLC grew its holdings in WashingtonFirst Bankshares by 18.5% in the first quarter. Renaissance Technologies LLC now owns 99,235 shares of the bank’s stock valued at $2,779,000 after purchasing an additional 15,500 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in WashingtonFirst Bankshares by 41.2% in 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 last quarter. Finally, Kassirer Asset Management Corp acquired a new stake in WashingtonFirst Bankshares in the second quarter valued at $333,000. 54.49% of the stock is currently owned by institutional investors.
Shares of WashingtonFirst Bankshares Inc (NASDAQ:WFBI) opened at 36.44 on Monday. WashingtonFirst Bankshares Inc has a 12-month low of $22.20 and a 12-month high of $36.57. The firm has a market cap of $476.67 million, a price-to-earnings ratio of 24.79 and a beta of 0.14. The firm has a 50-day moving average price of $34.18 and a 200 day moving average price of $32.21.
The company also recently disclosed a quarterly dividend, which was paid on Monday, October 2nd. Stockholders of record on Monday, September 11th were paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.77%. The ex-dividend date was Friday, September 8th. WashingtonFirst Bankshares’s dividend payout ratio is presently 19.03%.
In other news, CFO Matthew R. Johnson sold 2,503 shares of the business’s stock in a transaction on Friday, September 15th. The stock was sold at an average price of $33.50, for a total transaction of $83,850.50. Following the sale, the chief financial officer now directly owns 67,055 shares of the company’s stock, valued at $2,246,342.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 20.70% of the stock is owned by insiders.
Separately, BidaskClub raised WashingtonFirst Bankshares from a “sell” rating to a “hold” rating in a report on Thursday, August 3rd.
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.
Receive News & Stock Ratings for WashingtonFirst Bankshares Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WashingtonFirst Bankshares Inc and related stocks with our FREE daily email newsletter.