WSFS Financial Corporation (WSFS) Shares Bought by Macquarie Group Ltd.

Macquarie Group Ltd. boosted its position in shares of WSFS Financial Corporation (NASDAQ:WSFS) by 25.1% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 781,288 shares of the bank’s stock after purchasing an additional 156,617 shares during the period. Macquarie Group Ltd. owned 2.49% of WSFS Financial Corporation worth $35,431,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Stifel Financial Corp grew its position in WSFS Financial Corporation by 0.3% during the 2nd quarter. Stifel Financial Corp now owns 93,919 shares of the bank’s stock worth $4,259,000 after purchasing an additional 242 shares in the last quarter. Voya Investment Management LLC grew its position in WSFS Financial Corporation by 3.8% during the 2nd quarter. Voya Investment Management LLC now owns 433,577 shares of the bank’s stock worth $19,662,000 after purchasing an additional 15,695 shares in the last quarter. Dimensional Fund Advisors LP grew its position in WSFS Financial Corporation by 0.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,206,144 shares of the bank’s stock worth $54,699,000 after purchasing an additional 7,081 shares in the last quarter. Hancock Holding Co. grew its position in WSFS Financial Corporation by 2.5% during the 2nd quarter. Hancock Holding Co. now owns 31,045 shares of the bank’s stock worth $1,408,000 after purchasing an additional 756 shares in the last quarter. Finally, Renaissance Technologies LLC grew its position in WSFS Financial Corporation by 3.5% during the 2nd quarter. Renaissance Technologies LLC now owns 1,174,414 shares of the bank’s stock worth $53,260,000 after purchasing an additional 39,600 shares in the last quarter. Hedge funds and other institutional investors own 78.40% of the company’s stock.

WSFS has been the topic of several research analyst reports. BidaskClub upgraded shares of WSFS Financial Corporation from a “sell” rating to a “hold” rating in a research report on Thursday, June 15th. Boenning Scattergood reiterated a “buy” rating and set a $49.00 price objective on shares of WSFS Financial Corporation in a research report on Friday, July 28th. One investment analyst has rated the stock with a sell rating and three have given a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $51.33.

In related news, EVP Peggy H. Eddens sold 8,580 shares of the firm’s stock in a transaction on Wednesday, August 16th. The shares were sold at an average price of $44.29, for a total transaction of $380,008.20. Following the sale, the executive vice president now directly owns 27,659 shares in the company, valued at $1,225,017.11. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP S James Mazarakis sold 7,161 shares of the firm’s stock in a transaction on Friday, September 1st. The stock was sold at an average price of $44.86, for a total transaction of $321,242.46. Following the sale, the executive vice president now owns 48,288 shares in the company, valued at $2,166,199.68. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 16,240 shares of company stock worth $723,172. 4.89% of the stock is currently owned by company insiders.

WSFS Financial Corporation (NASDAQ WSFS) remained flat at $49.65 during trading on Monday. The company had a trading volume of 168 shares. WSFS Financial Corporation has a 12 month low of $31.90 and a 12 month high of $50.55. The stock’s 50 day moving average price is $45.59 and its 200 day moving average price is $45.52. The stock has a market cap of $1.56 billion, a P/E ratio of 22.72 and a beta of 1.22.

WSFS Financial Corporation (NASDAQ:WSFS) last issued its quarterly earnings data on Thursday, July 27th. The bank reported $0.63 EPS for the quarter, topping analysts’ consensus estimates of $0.62 by $0.01. WSFS Financial Corporation had a net margin of 19.96% and a return on equity of 10.44%. The business had revenue of $54.31 million for the quarter, compared to analyst estimates of $54.83 million. During the same period last year, the business posted $0.58 earnings per share. The firm’s quarterly revenue was up 17.0% on a year-over-year basis. Equities research analysts forecast that WSFS Financial Corporation will post $2.56 EPS for the current fiscal year.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Stifel Financial Corp grew its position in WSFS Financial Corporation by 0.3% during the 2nd quarter. Stifel Financial Corp now owns 93,919 shares of the bank’s stock worth $4,259,000 after purchasing an additional 242 shares in the last quarter. Voya Investment Management LLC grew its position in WSFS Financial Corporation by 3.8% during the 2nd quarter. Voya Investment Management LLC now owns 433,577 shares of the bank’s stock worth $19,662,000 after purchasing an additional 15,695 shares in the last quarter. Dimensional Fund Advisors LP grew its position in WSFS Financial Corporation by 0.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,206,144 shares of the bank’s stock worth $54,699,000 after purchasing an additional 7,081 shares in the last quarter. Hancock Holding Co. grew its position in WSFS Financial Corporation by 2.5% during the 2nd quarter. Hancock Holding Co. now owns 31,045 shares of the bank’s stock worth $1,408,000 after purchasing an additional 756 shares in the last quarter. Finally, Renaissance Technologies LLC grew its position in WSFS Financial Corporation by 3.5% during the 2nd quarter. Renaissance Technologies LLC now owns 1,174,414 shares of the bank’s stock worth $53,260,000 after purchasing an additional 39,600 shares in the last quarter. Hedge funds and other institutional investors own 78.40% of the company’s stock.

WSFS has been the topic of several research analyst reports. BidaskClub upgraded shares of WSFS Financial Corporation from a “sell” rating to a “hold” rating in a research report on Thursday, June 15th. Boenning Scattergood reiterated a “buy” rating and set a $49.00 price objective on shares of WSFS Financial Corporation in a research report on Friday, July 28th. One investment analyst has rated the stock with a sell rating and three have given a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $51.33.

In related news, EVP Peggy H. Eddens sold 8,580 shares of the firm’s stock in a transaction on Wednesday, August 16th. The shares were sold at an average price of $44.29, for a total transaction of $380,008.20. Following the sale, the executive vice president now directly owns 27,659 shares in the company, valued at $1,225,017.11. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP S James Mazarakis sold 7,161 shares of the firm’s stock in a transaction on Friday, September 1st. The stock was sold at an average price of $44.86, for a total transaction of $321,242.46. Following the sale, the executive vice president now owns 48,288 shares in the company, valued at $2,166,199.68. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 16,240 shares of company stock worth $723,172. 4.89% of the stock is currently owned by company insiders.

WSFS Financial Corporation (NASDAQ WSFS) remained flat at $49.65 during trading on Monday. The company had a trading volume of 168 shares. WSFS Financial Corporation has a 12 month low of $31.90 and a 12 month high of $50.55. The stock’s 50 day moving average price is $45.59 and its 200 day moving average price is $45.52. The stock has a market cap of $1.56 billion, a P/E ratio of 22.72 and a beta of 1.22.

WSFS Financial Corporation (NASDAQ:WSFS) last issued its quarterly earnings data on Thursday, July 27th. The bank reported $0.63 EPS for the quarter, topping analysts’ consensus estimates of $0.62 by $0.01. WSFS Financial Corporation had a net margin of 19.96% and a return on equity of 10.44%. The business had revenue of $54.31 million for the quarter, compared to analyst estimates of $54.83 million. During the same period last year, the business posted $0.58 earnings per share. The firm’s quarterly revenue was up 17.0% on a year-over-year basis. Equities research analysts forecast that WSFS Financial Corporation will post $2.56 EPS for the current fiscal year.

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WSFS Financial Corporation Company Profile

WSFS Financial Corporation 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. It operates in three segments: WSFS Bank, Cash Connect and Wealth Management. The WSFS Bank segment provides loans and other financial products to commercial and retail customers.

Institutional Ownership by Quarter for WSFS Financial Corporation (NASDAQ:WSFS)

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