M3F Inc. Lowers Stock Holdings in Winchester Bancorp, Inc. $WSBK

M3F Inc. reduced its stake in Winchester Bancorp, Inc. (NASDAQ:WSBK) by 82.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,586 shares of the company’s stock after selling 119,400 shares during the period. Winchester Bancorp accounts for 0.1% of M3F Inc.’s holdings, making the stock its 24th biggest holding. M3F Inc. owned about 0.26% of Winchester Bancorp worth $312,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. M3 Wealth Management LLC bought a new position in Winchester Bancorp in the fourth quarter worth approximately $732,000. Renaissance Technologies LLC purchased a new stake in shares of Winchester Bancorp in the 4th quarter worth $277,000. Geode Capital Management LLC purchased a new stake in shares of Winchester Bancorp in the 2nd quarter worth $188,000. Raymond James Financial Inc. bought a new position in shares of Winchester Bancorp during the 2nd quarter worth $179,000. Finally, Mangrove Partners IM LLC grew its position in shares of Winchester Bancorp by 10.6% during the 3rd quarter. Mangrove Partners IM LLC now owns 186,949 shares of the company’s stock worth $1,785,000 after buying an additional 17,851 shares in the last quarter.

Winchester Bancorp Stock Performance

Shares of WSBK stock opened at $13.18 on Monday. The firm has a market cap of $122.57 million, a price-to-earnings ratio of 36.61 and a beta of -0.42. Winchester Bancorp, Inc. has a 52-week low of $9.07 and a 52-week high of $13.39. 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’s 50 day moving average is $12.85 and its 200 day moving average is $12.31.

Winchester Bancorp (NASDAQ:WSBK) last posted its earnings results on Wednesday, April 29th. The company reported $0.13 earnings per share for the quarter. Winchester Bancorp had a return on equity of 1.93% and a net margin of 4.56%.The company had revenue of $6.66 million during the quarter.

Insiders Place Their Bets

In related news, Director Stephen Harry Boodakian acquired 2,500 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The stock was purchased at an average cost of $12.93 per share, for a total transaction of $32,325.00. Following the purchase, the director directly owned 2,500 shares of the company’s stock, valued at $32,325. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director John Ingalls Snow III acquired 6,110 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The shares were bought at an average cost of $12.87 per share, for a total transaction of $78,635.70. Following the transaction, the director owned 18,610 shares of the company’s stock, valued at $239,510.70. This represents a 48.88% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have purchased a total of 11,300 shares of company stock valued at $145,336 over the last 90 days. 4.20% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded Winchester Bancorp from a “sell (d-)” rating to a “sell (d)” rating in a report on Monday, June 1st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Winchester Bancorp currently has an average rating of “Sell”.

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.