Market Runner: Institutional Investor Sentiment About Washingtonfirst Bankshares Inc (NASDAQ:WFBI) Increased

November 18, 2016 - By Adrian Mccoy   ·   0 Comments

Market Runner: Institutional Investor Sentiment About Washingtonfirst Bankshares Inc (NASDAQ:WFBI)  Increased

Sentiment for Washingtonfirst Bankshares Inc (NASDAQ:WFBI)

Washingtonfirst Bankshares Inc (NASDAQ:WFBI) institutional sentiment decreased to 1.19 in 2016 Q2. Its down -1.10, from 2.29 in 2016Q1. The ratio fall, as 32 investment managers started new and increased equity positions, while 14 decreased and sold their equity positions in Washingtonfirst Bankshares Inc. The investment managers in our partner’s database now own: 5.03 million shares, up from 4.62 million shares in 2016Q1. Also, the number of investment managers holding Washingtonfirst Bankshares Inc in their top 10 equity positions was flat from 2 to 2 for the same number . Sold All: 7 Reduced: 7 Increased: 15 New Position: 17.

WashingtonFirst Bankshares, Inc. is a bank holding company. The company has a market cap of $320.28 million. The Company, through its subsidiary, WashingtonFirst Bank , operates approximately 20 banking offices throughout the Washington, District of Columbia (D.C.) metropolitan area. It has a 18.89 P/E ratio. The Company’s divisions include traditional commercial banking, a mortgage banking business and a wealth management business.

About 3,303 shares traded hands. WashingtonFirst Bankshares Inc (NASDAQ:WFBI) has risen 12.99% since April 18, 2016 and is uptrending. It has outperformed by 8.56% the S&P500.

According to Zacks Investment Research, “WashingtonFirst Bankshares, Inc. operates as a bank holding company. The Company’s banking subsidiary offers various deposit products, including business and personal checking accounts, NOW accounts, tiered savings and money market accounts, time deposit accounts, and individual retirement accounts. It also offers commercial loans, commercial real estate loans, commercial and residential real estate construction loans, residential mortgage loans, home equity loans, and consumer loans. The company provides cash management services, such as electronic banking, sweep accounts, lockbox and account reconciliation, merchant card depository, safe deposit boxes, and automated clearing house origination services, as well as after hour depository, ATMs, remote deposit capture, and courier services. WashingtonFirst Bankshares, Inc. is based in Reston, Virginia.”

Endicott Management Co holds 5.25% of its portfolio in WashingtonFirst Bankshares Inc for 665,745 shares. Castle Creek Capital Partners Iv Lp owns 414,337 shares or 4.31% of their US portfolio. Moreover, Valentine Ventures Llc has 0.74% invested in the company for 29,903 shares. The New York-based Basswood Capital Management L.L.C. has invested 0.58% in the stock. Maltese Capital Management Llc, a New York-based fund reported 195,000 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 4 buys, and 1 insider sale for $196,422 net activity.

WashingtonFirst Bankshares Inc (NASDAQ:WFBI) Ratings Coverage

Ratings analysis reveals 0 of WashingtonFirst Bankshares’s analysts are positive. Out of 2 Wall Street analysts rating WashingtonFirst Bankshares, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. WFBI was included in 3 notes of analysts from December 14, 2015. On Monday, October 24 the stock rating was downgraded by Keefe Bruyette & Woods to “Mkt Perform”. As per Monday, December 14, the company rating was initiated by Raymond James. On Monday, October 24 the stock rating was downgraded by Raymond James to “Mkt Perform”.

WFBI Company Profile

WashingtonFirst Bankshares, Inc., incorporated on March 1, 2015, is a bank holding company. The Company, through its subsidiary, WashingtonFirst Bank (the Bank), operates approximately 20 banking offices throughout the Washington, District of Columbia (D.C.) metropolitan area. The Company’s divisions include traditional commercial banking, a mortgage banking business and a wealth management business. The commercial banking segment provides the mortgage banking segment with the short-term funds needed to originate mortgage loans through a warehouse line of credit and charges the mortgage banking segment interest based on a premium over their cost to borrow funds. In addition, the Company provides wealth management services through its subsidiary, 1st Portfolio, Inc. (Wealth Advisors), located in Fairfax, Virginia, and mortgage banking services through the Bank’s subsidiary, WashingtonFirst Mortgage, which operates in two locations: Fairfax, Virginia and Rockville, Maryland. The Firm offers a range of commercial banking services and products to small-to-medium sized businesses, not-for-profit organizations, professional service firms and individuals in the greater Washington, D.C. metropolitan area. In addition, the Mortgage Company provides residential mortgage lending services to clients in the Washington, D.C. metropolitan and greater mid-Atlantic areas.

More important recent WashingtonFirst Bankshares Inc (NASDAQ:WFBI) news were published by: Businesswire.com which released: “WashingtonFirst Bankshares Inc. Added to Russell 2000 Index” on June 28, 2016, also Businesswire.com published article titled: “WashingtonFirst Bankshares, Inc. Completes Acquisition of 1st Portfolio …”, Businesswire.com published: “WashingtonFirst Bankshares, Inc. Selected As a Top Performer By Sandler O’Neill” on September 27, 2016. More interesting news about WashingtonFirst Bankshares Inc (NASDAQ:WFBI) was released by: Businesswire.com and their article: “WashingtonFirst Bankshares, Inc. Announces Name Change of 1st Portfolio …” with publication date: February 08, 2016.

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By Adrian Mccoy


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