Seizert Capital Partners LLC Has $505,000 Position in Western New England Bancorp, Inc. (NASDAQ:WNEB)

Seizert Capital Partners LLC lowered its stake in shares of Western New England Bancorp, Inc. (NASDAQ:WNEB) by 2.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 54,898 shares of the financial services provider’s stock after selling 1,250 shares during the period. Seizert Capital Partners LLC’s holdings in Western New England Bancorp were worth $505,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Empowered Funds LLC lifted its stake in shares of Western New England Bancorp by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 79,545 shares of the financial services provider’s stock valued at $676,000 after purchasing an additional 4,020 shares during the last quarter. Barclays PLC lifted its stake in shares of Western New England Bancorp by 23.8% in the 3rd quarter. Barclays PLC now owns 44,422 shares of the financial services provider’s stock valued at $378,000 after purchasing an additional 8,532 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its stake in shares of Western New England Bancorp by 16.9% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 82,605 shares of the financial services provider’s stock valued at $702,000 after purchasing an additional 11,936 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in shares of Western New England Bancorp in the 4th quarter valued at $120,000. Finally, Fourthstone LLC lifted its stake in shares of Western New England Bancorp by 372.5% in the 3rd quarter. Fourthstone LLC now owns 769,807 shares of the financial services provider’s stock valued at $6,543,000 after purchasing an additional 606,897 shares during the last quarter. Institutional investors and hedge funds own 67.95% of the company’s stock.

Analysts Set New Price Targets

Separately, Seaport Res Ptn raised shares of Western New England Bancorp from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 29th.

Western New England Bancorp Stock Down 0.3 %

Western New England Bancorp stock opened at $9.37 on Thursday. The firm has a market cap of $196.94 million, a price-to-earnings ratio of 16.73 and a beta of 0.69. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.95 and a quick ratio of 0.95. Western New England Bancorp, Inc. has a fifty-two week low of $6.00 and a fifty-two week high of $10.08. The firm has a fifty day moving average price of $9.24 and a two-hundred day moving average price of $9.02.

Western New England Bancorp (NASDAQ:WNEB) last released its earnings results on Tuesday, January 28th. The financial services provider reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.04. Western New England Bancorp had a net margin of 9.51% and a return on equity of 4.91%. During the same quarter last year, the business posted $0.12 earnings per share. As a group, analysts forecast that Western New England Bancorp, Inc. will post 0.6 earnings per share for the current year.

Western New England Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th were given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 2.99%. The ex-dividend date of this dividend was Wednesday, February 12th. Western New England Bancorp’s dividend payout ratio is 50.00%.

Western New England Bancorp Profile

Western New England Bancorp, Inc operates as the holding company for Westfield Bank that provides a range of commercial and retail banking products and services to individuals and businesses. The company accepts various deposit accounts, including interest-bearing and noninterest-bearing checking, commercial checking, business, nonprofit and municipal checking, savings, money market and sweep, individual retirement, and other savings accounts; time deposits; certificates of deposit; and interest on lawyer's trust accounts.