Keeley Teton Advisors LLC Sells 14,543 Shares of WSFS Financial Co. (NASDAQ:WSFS)

Keeley Teton Advisors LLC cut its holdings in shares of WSFS Financial Co. (NASDAQ:WSFS - Free Report) by 47.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,099 shares of the bank's stock after selling 14,543 shares during the quarter. Keeley Teton Advisors LLC's holdings in WSFS Financial were worth $855,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. FMR LLC increased its position in shares of WSFS Financial by 5.9% during the third quarter. FMR LLC now owns 4,283 shares of the bank's stock valued at $218,000 after buying an additional 239 shares during the period. Y Intercept Hong Kong Ltd bought a new stake in shares of WSFS Financial in the third quarter worth about $235,000. Barclays PLC raised its holdings in WSFS Financial by 110.8% during the 3rd quarter. Barclays PLC now owns 120,397 shares of the bank's stock valued at $6,139,000 after buying an additional 63,284 shares during the period. Sanctuary Advisors LLC raised its stake in shares of WSFS Financial by 100.8% during the third quarter. Sanctuary Advisors LLC now owns 12,879 shares of the bank's stock valued at $657,000 after acquiring an additional 6,466 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB increased its holdings in shares of WSFS Financial by 18.0% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 57,558 shares of the bank's stock valued at $2,935,000 after acquiring an additional 8,763 shares during the period. 88.49% of the stock is owned by institutional investors.

WSFS Financial Trading Up 1.0 %

NASDAQ:WSFS traded up $0.46 on Friday, hitting $47.94. 445,212 shares of the stock were exchanged, compared to its average volume of 292,452. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.86 and a current ratio of 0.83. WSFS Financial Co. has a 52 week low of $42.21 and a 52 week high of $62.75. The company's 50-day moving average price is $51.51 and its 200 day moving average price is $53.55. The stock has a market capitalization of $2.78 billion, a price-to-earnings ratio of 10.85 and a beta of 0.90.

WSFS Financial (NASDAQ:WSFS - Get Free Report) last issued its quarterly earnings data on Monday, January 27th. The bank reported $1.11 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.13. WSFS Financial had a net margin of 18.77% and a return on equity of 10.30%. On average, equities research analysts forecast that WSFS Financial Co. will post 4.47 earnings per share for the current year.

Insiders Place Their Bets

In other WSFS Financial news, CEO Rodger Levenson sold 7,199 shares of the firm's stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $55.20, for a total transaction of $397,384.80. Following the sale, the chief executive officer now owns 142,780 shares in the company, valued at $7,881,456. This trade represents a 4.80 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 1.21% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on WSFS. Stephens reiterated an "overweight" rating and set a $68.00 price target on shares of WSFS Financial in a research report on Tuesday, January 28th. Keefe, Bruyette & Woods raised their price objective on WSFS Financial from $64.00 to $68.00 and gave the stock a "market perform" rating in a report on Monday, February 3rd. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, WSFS Financial has an average rating of "Hold" and a consensus target price of $64.75.

WSFS Financial Profile

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.