WashingtonFirst Bankshares Inc (NASDAQ:WFBI) President George W. Iv Connors sold 7,000 shares of the stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $33.73, for a total value of $236,110.00. Following the completion of the sale, the president now owns 82,783 shares of the company’s stock, valued at approximately $2,792,270.59. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

WashingtonFirst Bankshares Inc (WFBI) opened at $34.87 on Tuesday. WashingtonFirst Bankshares Inc has a one year low of $26.22 and a one year high of $37.19. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.00 and a quick ratio of 0.98. The company has a market capitalization of $431.32, a P/E ratio of 22.50 and a beta of 0.11.

WashingtonFirst Bankshares (NASDAQ:WFBI) last posted its quarterly earnings data on Thursday, October 19th. The bank reported $0.41 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.41. WashingtonFirst Bankshares had a return on equity of 18.37% and a net margin of 19.00%. The company had revenue of $23.40 million during the quarter, compared to analyst estimates of $24.98 million. analysts expect that WashingtonFirst Bankshares Inc will post 1.57 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 24th. Investors of record on Monday, November 20th were given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 0.80%. The ex-dividend date of this dividend was Friday, November 17th. WashingtonFirst Bankshares’s dividend payout ratio (DPR) is presently 9.27%.

Hedge funds have recently bought and sold shares of the stock. Dimensional Fund Advisors LP increased its position in WashingtonFirst Bankshares by 41.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 48,531 shares of the bank’s stock valued at $1,359,000 after buying an additional 14,156 shares in the last quarter. Bronfman E.L. Rothschild L.P. increased its position in WashingtonFirst Bankshares by 1,194.6% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 91,814 shares of the bank’s stock valued at $3,170,000 after buying an additional 84,722 shares in the last quarter. Rhumbline Advisers bought a new position in WashingtonFirst Bankshares during the 2nd quarter valued at approximately $356,000. Vanguard Group Inc. increased its position in WashingtonFirst Bankshares by 18.1% during the 2nd quarter. Vanguard Group Inc. now owns 372,580 shares of the bank’s stock valued at $12,865,000 after buying an additional 57,035 shares in the last quarter. Finally, New York State Common Retirement Fund increased its position in WashingtonFirst Bankshares by 131.4% during the 2nd quarter. New York State Common Retirement Fund now owns 12,150 shares of the bank’s stock valued at $420,000 after buying an additional 6,899 shares in the last quarter. 55.94% of the stock is owned by institutional investors.

Separately, BidaskClub cut WashingtonFirst Bankshares from a “hold” rating to a “sell” rating in a research note on Tuesday, December 12th.

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WashingtonFirst Bankshares Company Profile

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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