Northstar Financial Companies Inc. Acquires New Position in Winchester Bancorp, Inc. $WSBK

Northstar Financial Companies Inc. bought a new position in Winchester Bancorp, Inc. (NASDAQ:WSBK) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 70,000 shares of the company’s stock, valued at approximately $920,000. Northstar Financial Companies Inc. owned about 0.75% of Winchester Bancorp as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Eastern Bank grew its holdings in shares of Winchester Bancorp by 60.0% during the second quarter. Eastern Bank now owns 4,000 shares of the company’s stock valued at $53,000 after buying an additional 1,500 shares during the last quarter. Bank of America Corp DE purchased a new position in Winchester Bancorp in the 2nd quarter worth approximately $91,000. Steward Partners Investment Advisory LLC lifted its position in Winchester Bancorp by 77.9% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 19,127 shares of the company’s stock valued at $200,000 after acquiring an additional 8,377 shares in the last quarter. Raymond James Financial Inc. bought a new position in Winchester Bancorp in the 2nd quarter valued at approximately $179,000. Finally, Geode Capital Management LLC purchased a new stake in Winchester Bancorp during the 2nd quarter valued at $188,000.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded Winchester Bancorp from a “sell (d-)” rating to a “sell (d)” rating in a research note on Monday, June 1st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Winchester Bancorp Stock Performance

Shares of WSBK stock opened at $13.00 on Monday. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.23. The company has a 50 day moving average price of $13.01 and a 200-day moving average price of $12.81. Winchester Bancorp, Inc. has a 52 week low of $9.21 and a 52 week high of $13.39. The firm has a market capitalization of $120.90 million, a PE ratio of 26.53 and a beta of -0.36.

Winchester Bancorp (NASDAQ:WSBK) last issued its quarterly earnings data on Thursday, July 30th. The company reported $0.14 earnings per share for the quarter. Winchester Bancorp had a net margin of 8.56% and a return on equity of 3.74%. The company had revenue of $7.36 million for the quarter.

About Winchester Bancorp

Winchester Bancorp, Inc is the bank holding company for The Winchester Bank, a community bank headquartered in Winchester, New Hampshire. Established in 1871, the company operates under a state charter and has a long-standing commitment to serving the financial needs of individuals, families and businesses across its regional footprint.

The company offers a comprehensive suite of banking products and services, including commercial and consumer lending, real-estate and construction financing, deposit accounts, cash management, and treasury services.