News coverage about Webster Financial (NYSE:WBS) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Webster Financial earned a news sentiment score of 0.18 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 47.6648606610375 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Webster Financial (NYSE WBS) traded down $0.59 during mid-day trading on Tuesday, hitting $58.99. 715,826 shares of the company traded hands, compared to its average volume of 531,170. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.81 and a current ratio of 0.81. Webster Financial has a 52 week low of $44.04 and a 52 week high of $59.86. The company has a market cap of $5,580.00, a price-to-earnings ratio of 23.22, a P/E/G ratio of 2.31 and a beta of 1.22.

Webster Financial (NYSE:WBS) last released its earnings results on Thursday, October 19th. The financial services provider reported $0.67 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.64 by $0.03. Webster Financial had a net margin of 21.09% and a return on equity of 9.89%. The company had revenue of $266.75 million for the quarter, compared to analyst estimates of $269.03 million. During the same quarter last year, the firm earned $0.54 EPS. equities analysts predict that Webster Financial will post 2.6 earnings per share for the current fiscal year.

A number of brokerages have recently commented on WBS. Wells Fargo & Co reissued a “market perform” rating and issued a $60.00 price target (up previously from $55.00) on shares of Webster Financial in a report on Tuesday, January 9th. Zacks Investment Research lowered shares of Webster Financial from a “buy” rating to a “hold” rating and set a $63.00 price target on the stock. in a report on Saturday, January 6th. Piper Jaffray Companies raised shares of Webster Financial from an “underweight” rating to a “neutral” rating and set a $55.00 price target on the stock in a report on Friday, January 5th. Barclays increased their price target on shares of Webster Financial from $55.00 to $59.00 and gave the stock an “overweight” rating in a report on Tuesday, January 2nd. Finally, Keefe, Bruyette & Woods reissued a “buy” rating and issued a $71.00 price target on shares of Webster Financial in a report on Friday, December 22nd. One analyst has rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $58.67.

In related news, Chairman James Copenhaver Smith sold 8,943 shares of the stock in a transaction on Friday, October 27th. The shares were sold at an average price of $55.93, for a total transaction of $500,181.99. Following the transaction, the chairman now owns 316,103 shares of the company’s stock, valued at approximately $17,679,640.79. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director John Joseph Crawford sold 11,516 shares of the stock in a transaction on Tuesday, October 24th. The shares were sold at an average price of $54.83, for a total transaction of $631,422.28. Following the transaction, the director now directly owns 16,953 shares in the company, valued at approximately $929,532.99. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 36,107 shares of company stock worth $1,988,452. 2.20% of the stock is owned by insiders.

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About Webster Financial

Webster Financial Corporation is a bank and financial holding company. The Company’s segments include Commercial Banking, Community Banking, HSA Bank, Private Banking, and Corporate and Reconciling. The Commercial Banking segment includes middle-market, asset-based lending, commercial real estate, equipment finance, and treasury and payment solutions, which includes government and institutional banking.

Insider Buying and Selling by Quarter for Webster Financial (NYSE:WBS)

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