The stock of WSFS Financial Corporation (NASDAQ:WSFS) is a huge mover today! About 107,678 shares traded hands or 0.47% up from the average. WSFS Financial Corporation (NASDAQ:WSFS) has risen 0.51% since March 29, 2016 and is uptrending. It has underperformed by 2.96% the S&P500.
The move comes after 8 months positive chart setup for the $990.56 million company. It was reported on Oct, 31 by Barchart.com. We have $44.03 PT which if reached, will make NASDAQ:WSFS worth $247.64 million more.
Analysts await WSFS Financial Corporation (NASDAQ:WSFS) to report earnings on November, 3. They expect $0.58 EPS, up 9.43% or $0.05 from last year’s $0.53 per share. WSFS’s profit will be $16.31M for 15.18 P/E if the $0.58 EPS becomes a reality. After $0.58 actual EPS reported by WSFS Financial Corporation for the previous quarter, Wall Street now forecasts 0.00% EPS growth.
WSFS Financial Corporation (NASDAQ:WSFS) Ratings Coverage
Out of 2 analysts covering WSFS Financial (NASDAQ:WSFS), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. WSFS Financial has been the topic of 2 analyst reports since July 29, 2015 according to StockzIntelligence Inc. On Monday, October 31 the stock rating was upgraded by Keefe Bruyette & Woods to “Outperform”.
According to Zacks Investment Research, “WSFS Financial Corporation is a thrift holding company. WSFS provides residential and commercial real estate, commercial and consumer lending services, as well as cash management services funding these activities primarily with retail deposits and borrowings.”
Insitutional Activity: The institutional sentiment decreased to 1.04 in Q2 2016. Its down 0.08, from 1.12 in 2016Q1. The ratio dived, as 3 funds sold all WSFS Financial Corporation shares owned while 50 reduced positions. 18 funds bought stakes while 37 increased positions. They now own 21.78 million shares or 1.77% less from 22.17 million shares in 2016Q1.
Aqr Cap Mngmt Limited Company last reported 40,163 shares in the company. Susquehanna Int Grp Incorporated Llp holds 46,924 shares or 0% of its portfolio. Morgan Stanley last reported 0% of its portfolio in the stock. Moreover, Credit Suisse Ag has 0% invested in WSFS Financial Corporation (NASDAQ:WSFS) for 74,725 shares. Guggenheim Capital Limited Liability Co holds 6,535 shares or 0% of its portfolio. Moreover, Jacobs Levy Equity Mngmt has 0.01% invested in WSFS Financial Corporation (NASDAQ:WSFS) for 8,765 shares. Northern Tru holds 0.01% or 938,396 shares in its portfolio. Tfs Cap Ltd has invested 0.1% of its portfolio in WSFS Financial Corporation (NASDAQ:WSFS). Mufg Americas Holdg reported 318 shares or 0% of all its holdings. Us Fincl Bank De, a Minnesota-based fund reported 448 shares. Aberdeen Asset Mgmt Pcl Uk last reported 0.08% of its portfolio in the stock. Products Partners Ltd holds 0.03% or 13,574 shares in its portfolio. Nationwide Fund Advisors has invested 0.01% of its portfolio in WSFS Financial Corporation (NASDAQ:WSFS). Stifel Corp accumulated 0.01% or 93,503 shares. Barclays Public Ltd Com has invested 0% of its portfolio in WSFS Financial Corporation (NASDAQ:WSFS).
Insider Transactions: Since May 9, 2016, the stock had 2 insider buys, and 5 insider sales for $1.53 million net activity. Shares for $261,902 were sold by Clark Stephen P on Wednesday, August 10. The insider WRIGHT RICHARD sold $166,780. MAZARAKIS S JAMES sold 13,602 shares worth $457,027. 400 shares were bought by EDDENS PEGGY H, worth $14,388 on Friday, June 10. Another trade for 2,000 shares valued at $67,660 was bought by Geraghty Paul D.
More important recent WSFS Financial Corporation (NASDAQ:WSFS) news were published by: Seekingalpha.com which released: “WSFS Financial (WSFS) Q3 2016 Results – Earnings Call Transcript” on October 28, 2016, also Globenewswire.com published article titled: “WSFS Financial Corporation Deadline for Electing Merger Consideration in …”, Delawareonline.com published: “We Stand for Service more than a pun for WSFS Financial” on August 28, 2016. More interesting news about WSFS Financial Corporation (NASDAQ:WSFS) was released by: Globenewswire.com and their article: “WSFS Financial Corporation Announces Successful Completion of the Acquisition …” with publication date: August 15, 2016.
WSFS Company Profile
WSFS Financial Corporation, incorporated on March 21, 1988, is a savings and loan holding company. The Company’s subsidiary is Wilmington Savings Fund Society, FSB (WSFS Bank or the Bank), which is the bank and trust company. The Firm operates in three divisions: WSFS Bank, Cash Connect and Wealth Management. The Company’s banking business is commercial lending funded by customer-generated deposits. It also offers a range of consumer loan products, retail securities and insurance brokerage services through its retail branches and mortgage and title services through those branches and through Pennsylvania WSFS Mortgage/Array Financial. WSFS Mortgage/Array Financial is a mortgage banking company, and an abstract and title firm specializing in a range of residential mortgage and refinancing solutions. The Company’s subsidiaries include WSFS Wealth Investments, 1832 Holdings, Inc., Monarch and West Capital Management.
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