Webster Financial (NYSE:WBS) Stock Unloaded Rep. Julie Johnson

Representative Julie Johnson (D-Texas) recently sold shares of Webster Financial Co. NYSE: WBS. In a filing disclosed on April 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Webster Financial stock on March 11th. The trade occurred in the Representative's "MERRILL LYNCH LONG TERM GROWTH" account.

Representative Julie Johnson also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Capital One Financial NYSE: COF on 3/21/2025.
• Sold $1,001 - $15,000 in shares of Accenture NYSE: ACN on 3/19/2025.
• Purchased $1,001 - $15,000 in shares of The Cigna Group NYSE: CI on 3/19/2025.
• Sold $1,001 - $15,000 in shares of Accenture NYSE: ACN on 3/14/2025.
• Sold $1,001 - $15,000 in shares of Accenture NYSE: ACN on 3/12/2025.
• Purchased $1,001 - $15,000 in shares of 3M NYSE: MMM on 3/12/2025.
• Sold $1,001 - $15,000 in shares of Sonos NASDAQ: SONO on 3/11/2025.
• Sold $1,001 - $15,000 in shares of Taiwan Semiconductor Manufacturing NYSE: TSM on 3/11/2025.
• Sold $1,001 - $15,000 in shares of Teradyne NASDAQ: TER on 3/3/2025.
• Sold $1,001 - $15,000 in shares of Zoetis NYSE: ZTS on 3/3/2025.

Webster Financial Stock Up 2.0 %

WBS traded up $0.89 on Tuesday, hitting $45.43. The company had a trading volume of 317,164 shares, compared to its average volume of 1,262,720. Webster Financial Co. has a 12-month low of $39.34 and a 12-month high of $63.99. The stock has a market capitalization of $7.65 billion, a price-to-earnings ratio of 10.39, a P/E/G ratio of 1.02 and a beta of 1.05. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.84 and a current ratio of 0.84. The stock has a fifty day moving average price of $50.45 and a 200-day moving average price of $54.40.

Webster Financial (NYSE:WBS - Get Free Report) last announced its earnings results on Friday, January 17th. The financial services provider reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.08. Webster Financial had a return on equity of 10.82% and a net margin of 18.39%. The firm had revenue of $661.00 million for the quarter, compared to the consensus estimate of $687.53 million. During the same period in the previous year, the business earned $1.46 EPS. Analysts predict that Webster Financial Co. will post 5.88 EPS for the current fiscal year.

Webster Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, February 20th. Shareholders of record on Monday, February 10th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, February 10th. This represents a $1.60 dividend on an annualized basis and a yield of 3.52%. Webster Financial's dividend payout ratio is currently 36.61%.

Insider Buying and Selling

In other Webster Financial news, CEO John R. Ciulla sold 8,000 shares of the company's stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $57.43, for a total transaction of $459,440.00. Following the sale, the chief executive officer now owns 210,051 shares in the company, valued at $12,063,228.93. This represents a 3.67 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Laurence C. Morse sold 13,217 shares of the firm's stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $59.07, for a total transaction of $780,728.19. Following the completion of the sale, the director now directly owns 18,808 shares in the company, valued at approximately $1,110,988.56. This trade represents a 41.27 % decrease in their position. The disclosure for this sale can be found here. 0.88% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in WBS. HighTower Advisors LLC boosted its position in Webster Financial by 6.8% during the third quarter. HighTower Advisors LLC now owns 31,978 shares of the financial services provider's stock worth $1,488,000 after acquiring an additional 2,032 shares during the last quarter. Quantinno Capital Management LP increased its holdings in shares of Webster Financial by 63.7% during the 3rd quarter. Quantinno Capital Management LP now owns 8,884 shares of the financial services provider's stock worth $414,000 after buying an additional 3,456 shares during the last quarter. Public Employees Retirement System of Ohio grew its holdings in shares of Webster Financial by 2.7% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 68,552 shares of the financial services provider's stock worth $3,195,000 after purchasing an additional 1,784 shares during the period. Barclays PLC boosted its stake in Webster Financial by 36.4% during the third quarter. Barclays PLC now owns 297,834 shares of the financial services provider's stock worth $13,883,000 after buying an additional 79,556 shares during the period. Finally, M&T Bank Corp raised its stake in shares of Webster Financial by 6.6% in the 3rd quarter. M&T Bank Corp now owns 6,155 shares of the financial services provider's stock valued at $287,000 after acquiring an additional 383 shares during the period. Hedge funds and other institutional investors own 85.58% of the company's stock.

Analyst Ratings Changes

WBS has been the topic of several research analyst reports. Wells Fargo & Company dropped their target price on shares of Webster Financial from $75.00 to $60.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 9th. StockNews.com raised Webster Financial from a "sell" rating to a "hold" rating in a report on Saturday, January 11th. Raymond James lowered their price objective on Webster Financial from $65.00 to $58.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 2nd. Morgan Stanley dropped their price objective on shares of Webster Financial from $75.00 to $66.00 and set an "equal weight" rating on the stock in a research note on Thursday, March 13th. Finally, Barclays lowered their price target on shares of Webster Financial from $80.00 to $72.00 and set an "overweight" rating on the stock in a report on Tuesday, April 8th. Three investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $61.92.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas' 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027. Johnson (Democratic Party) ran for election to the U.S. House to represent Texas' 32nd Congressional District. She won in the general election on November 5, 2024. Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson's career experience includes working as an attorney.

About Webster Financial

Webster Financial Corporation operates as the bank holding company for Webster Bank, National Association that provides a range of financial products and services to individuals, families, and businesses in the United States. It operates through three segments: Commercial Banking, HSA Bank, and Consumer Banking.