WashingtonFirst Bankshares Inc (NASDAQ:WFBI) Director Gail R. Steckler sold 16,349 shares of WashingtonFirst Bankshares stock in a transaction on Monday, December 11th. The shares were sold at an average price of $34.24, for a total transaction of $559,789.76. Following the transaction, the director now owns 32,141 shares in the company, valued at approximately $1,100,507.84. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

WashingtonFirst Bankshares Inc (NASDAQ WFBI) traded up $1.01 on Friday, hitting $34.42. 73,258 shares of the company were exchanged, compared to its average volume of 33,241. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.98 and a current ratio of 1.00. WashingtonFirst Bankshares Inc has a 52 week low of $26.22 and a 52 week high of $37.19. The stock has a market cap of $430.83, a PE ratio of 22.47 and a beta of 0.11.

WashingtonFirst Bankshares (NASDAQ:WFBI) last released its earnings results on Thursday, October 19th. The bank reported $0.41 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.41. WashingtonFirst Bankshares had a net margin of 19.00% and a return on equity of 18.37%. The company had revenue of $23.40 million for the quarter, compared to analysts’ expectations of $24.98 million. equities research analysts anticipate that WashingtonFirst Bankshares Inc will post 1.57 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, November 24th. Investors of record on Monday, November 20th were paid a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.81%. The ex-dividend date of this dividend was Friday, November 17th. WashingtonFirst Bankshares’s dividend payout ratio (DPR) is 9.27%.

Separately, BidaskClub upgraded shares of WashingtonFirst Bankshares from a “sell” rating to a “hold” rating in a research note on Wednesday, December 6th.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. California Public Employees Retirement System increased its holdings in WashingtonFirst Bankshares by 25.0% in the 3rd quarter. California Public Employees Retirement System now owns 11,605 shares of the bank’s stock valued at $413,000 after acquiring an additional 2,324 shares during the last quarter. Magnetar Financial LLC increased its holdings in WashingtonFirst Bankshares by 20.9% in the 3rd quarter. Magnetar Financial LLC now owns 224,324 shares of the bank’s stock valued at $7,984,000 after acquiring an additional 38,824 shares during the last quarter. Citadel Advisors LLC bought a new stake in WashingtonFirst Bankshares in the 3rd quarter valued at $224,000. Bank of New York Mellon Corp increased its holdings in WashingtonFirst Bankshares by 4.8% in the 3rd quarter. Bank of New York Mellon Corp now owns 70,727 shares of the bank’s stock valued at $2,517,000 after acquiring an additional 3,260 shares during the last quarter. Finally, Context BH Capital Management LP increased its holdings in WashingtonFirst Bankshares by 39.2% in the 3rd quarter. Context BH Capital Management LP now owns 329,375 shares of the bank’s stock valued at $11,722,000 after acquiring an additional 92,735 shares during the last quarter. Institutional investors own 55.94% of the company’s stock.

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About WashingtonFirst Bankshares

WashingtonFirst Bankshares, Inc is a bank holding company. The Company, through its subsidiary, WashingtonFirst Bank (the Bank), operates banking offices throughout the Washington, DC metropolitan area. The Company’s segments include Commercial Bank, Mortgage Bank, Wealth Management and Other. 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 Corporation, which operates in two locations: Fairfax, Virginia and Rockville, Maryland.

Insider Buying and Selling by Quarter for WashingtonFirst Bankshares (NASDAQ:WFBI)

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