Great West Life Assurance Co. Can Has $3.34 Million Stock Holdings in WSFS Financial Co. (NASDAQ:WSFS)

Great West Life Assurance Co. Can boosted its holdings in shares of WSFS Financial Co. (NASDAQ:WSFSGet Rating) by 12.5% in the third quarter, according to its most recent filing with the SEC. The firm owned 71,909 shares of the bank’s stock after acquiring an additional 7,964 shares during the period. Great West Life Assurance Co. Can owned 0.11% of WSFS Financial worth $3,341,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of WSFS. SouthState Corp acquired a new stake in WSFS Financial during the 2nd quarter worth $40,000. EverSource Wealth Advisors LLC grew its holdings in shares of WSFS Financial by 253.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,366 shares of the bank’s stock valued at $55,000 after buying an additional 980 shares during the period. C M Bidwell & Associates Ltd. acquired a new position in shares of WSFS Financial in the 2nd quarter valued at $70,000. McClarren Financial Advisors Inc. acquired a new position in shares of WSFS Financial in the 3rd quarter valued at $117,000. Finally, First Horizon Advisors Inc. acquired a new position in shares of WSFS Financial in the 2nd quarter valued at $133,000. Institutional investors and hedge funds own 88.10% of the company’s stock.

WSFS Financial Price Performance

Shares of NASDAQ WSFS opened at $47.40 on Wednesday. The firm has a market cap of $2.92 billion, a PE ratio of 14.19 and a beta of 1.02. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.18. WSFS Financial Co. has a 1-year low of $37.03 and a 1-year high of $54.30. The company has a fifty day moving average price of $46.67 and a 200 day moving average price of $47.10.

WSFS Financial (NASDAQ:WSFSGet Rating) last announced its earnings results on Monday, October 24th. The bank reported $1.23 earnings per share for the quarter, missing analysts’ consensus estimates of $1.26 by ($0.03). WSFS Financial had a return on equity of 10.64% and a net margin of 22.99%. The company had revenue of $176.80 million during the quarter, compared to analyst estimates of $175.59 million. During the same period in the previous year, the company posted $1.19 earnings per share. WSFS Financial’s revenue for the quarter was up 69.2% on a year-over-year basis. Research analysts predict that WSFS Financial Co. will post 4.27 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on WSFS shares. Janney Montgomery Scott started coverage on shares of WSFS Financial in a report on Wednesday, November 30th. They issued a “buy” rating and a $57.00 price target for the company. StockNews.com initiated coverage on shares of WSFS Financial in a report on Wednesday, October 12th. They issued a “hold” rating for the company. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, WSFS Financial currently has a consensus rating of “Hold” and a consensus price target of $54.75.

Insiders Place Their Bets

In other WSFS Financial news, Director Francis J. Leto sold 10,388 shares of the business’s stock in a transaction dated Friday, November 4th. The shares were sold at an average price of $46.57, for a total transaction of $483,769.16. Following the sale, the director now directly owns 9,753 shares of the company’s stock, valued at approximately $454,197.21. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other WSFS Financial news, Director Francis J. Leto sold 10,388 shares of the business’s stock in a transaction dated Friday, November 4th. The shares were sold at an average price of $46.57, for a total transaction of $483,769.16. Following the sale, the director now directly owns 9,753 shares of the company’s stock, valued at approximately $454,197.21. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Patrick Joseph Ward sold 1,305 shares of the business’s stock in a transaction dated Wednesday, December 14th. The stock was sold at an average price of $46.38, for a total transaction of $60,525.90. Following the sale, the executive vice president now directly owns 140,881 shares in the company, valued at $6,534,060.78. The disclosure for this sale can be found here. Insiders have sold 19,638 shares of company stock valued at $927,562 in the last three months. 1.73% of the stock is currently owned by corporate insiders.

WSFS Financial Profile

(Get Rating)

WSFS Financial Corporation operates as the savings and loan holding company for the Wilmington Savings Fund Society, FSB that provides various banking services in the United States. It operates through three segments: WSFS Bank, Cash Connect, and Wealth Management. It offers various deposit products, including savings accounts, demand deposits, interest-bearing demand deposits, money market deposit accounts, and certificates of deposit, as well as accepts jumbo certificates of deposit from individuals, businesses, and municipalities.

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

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