3,904 Shares in WSFS Financial Co. (NASDAQ:WSFS) Acquired by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. acquired a new position in shares of WSFS Financial Co. (NASDAQ:WSFS) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 3,904 shares of the bank’s stock, valued at approximately $207,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. International Assets Investment Management LLC boosted its position in WSFS Financial by 5,000.0% in the 3rd quarter. International Assets Investment Management LLC now owns 918 shares of the bank’s stock valued at $47,000 after buying an additional 900 shares during the period. GAMMA Investing LLC boosted its position in WSFS Financial by 41.8% in the 3rd quarter. GAMMA Investing LLC now owns 1,451 shares of the bank’s stock valued at $74,000 after buying an additional 428 shares during the period. SG Americas Securities LLC purchased a new position in WSFS Financial in the 3rd quarter valued at approximately $127,000. Ascent Group LLC purchased a new position in WSFS Financial in the 2nd quarter valued at approximately $201,000. Finally, CIBC Asset Management Inc purchased a new position in WSFS Financial in the 3rd quarter valued at approximately $202,000. Hedge funds and other institutional investors own 88.49% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Janney Montgomery Scott reissued a “neutral” rating on shares of WSFS Financial in a research report on Monday, October 28th. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and set a $54.00 price objective (down from $58.00) on shares of WSFS Financial in a research report on Tuesday, October 29th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, WSFS Financial has a consensus rating of “Hold” and an average price target of $59.75.

WSFS Financial Stock Performance

NASDAQ WSFS opened at $54.79 on Tuesday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.86 and a quick ratio of 0.86. WSFS Financial Co. has a 1 year low of $40.19 and a 1 year high of $62.75. The company has a market capitalization of $3.23 billion, a PE ratio of 12.51 and a beta of 1.08. The company has a fifty day moving average of $55.75 and a two-hundred day moving average of $53.56.

WSFS Financial (NASDAQ:WSFS) last announced its earnings results on Monday, January 27th. The bank reported $1.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.13. WSFS Financial had a return on equity of 10.56% and a net margin of 18.78%. As a group, analysts expect that WSFS Financial Co. will post 4.26 earnings per share for the current year.

WSFS Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, February 7th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.10%. WSFS Financial’s dividend payout ratio (DPR) is presently 13.70%.

About WSFS Financial

WSFS Financial Corporation operates as the savings and loan holding company for the Wilmington Savings Fund Society, FSB that provides various banking services in the United States. It operates through three segments: WSFS Bank, Cash Connect, and Wealth Management. It offers various deposit products, including savings accounts, demand deposits, interest-bearing demand deposits, money market deposit accounts, and certificates of deposit, as well as accepts jumbo certificates of deposit from individuals, businesses, and municipalities.