News headlines about Webster Financial Corporation (NYSE:WBS) have trended somewhat positive on Tuesday, Accern reports. Accern scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Webster Financial Corporation earned a news impact score of 0.08 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 45.7522540734603 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

These are some of the media headlines that may have impacted Accern Sentiment’s scoring:

A number of analysts recently weighed in on the company. Zacks Investment Research downgraded Webster Financial Corporation from a “hold” rating to a “sell” rating in a research note on Saturday, July 1st. Jefferies Group LLC reiterated a “hold” rating and issued a $53.00 price objective on shares of Webster Financial Corporation in a research report on Friday, July 14th. BidaskClub downgraded Webster Financial Corporation from a “sell” rating to a “strong sell” rating in a report on Monday, August 14th. ValuEngine raised Webster Financial Corporation from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Finally, Piper Jaffray Companies reissued a “sell” rating and issued a $46.00 target price on shares of Webster Financial Corporation in a report on Friday, July 14th. Three analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company’s stock. Webster Financial Corporation presently has a consensus rating of “Hold” and an average price target of $53.00.

Shares of Webster Financial Corporation (NYSE WBS) opened at 52.82 on Tuesday. The firm’s 50-day moving average price is $48.21 and its 200-day moving average price is $50.28. The stock has a market capitalization of $4.86 billion, a P/E ratio of 22.01 and a beta of 1.26. Webster Financial Corporation has a 52-week low of $36.96 and a 52-week high of $57.50.

Webster Financial Corporation (NYSE:WBS) last issued its quarterly earnings results on Friday, July 21st. The financial services provider reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.04. The company had revenue of $262.50 million during the quarter, compared to analyst estimates of $260.91 million. Webster Financial Corporation had a net margin of 20.43% and a return on equity of 9.49%. During the same period in the prior year, the business posted $0.53 EPS. Equities analysts forecast that Webster Financial Corporation will post $2.55 earnings per share for the current fiscal year.

In related news, EVP Nitin J. Mhatre sold 31,940 shares of Webster Financial Corporation stock in a transaction dated Wednesday, August 2nd. The stock was sold at an average price of $51.34, for a total transaction of $1,639,799.60. Following the transaction, the executive vice president now directly owns 23,120 shares of the company’s stock, valued at $1,186,980.80. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Daniel Bley sold 8,000 shares of the business’s stock in a transaction dated Thursday, July 27th. The stock was sold at an average price of $51.20, for a total transaction of $409,600.00. Following the completion of the sale, the executive vice president now owns 25,657 shares in the company, valued at $1,313,638.40. The disclosure for this sale can be found here. 2.20% of the stock is owned by insiders.

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Webster Financial Corporation Company Profile

Webster Financial Corporation is a bank and financial holding company. The Company’s segments include Commercial Banking, Community Banking, HSA Bank, Private Banking, and Corporate and Reconciling. The Commercial Banking segment includes middle-market, asset-based lending, commercial real estate, equipment finance, and treasury and payment solutions, which includes government and institutional banking.

Insider Buying and Selling by Quarter for Webster Financial Corporation (NYSE:WBS)

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