GSA Capital Partners LLP reduced its position in WSFS Financial Co. (NASDAQ:WSFS) by 26.7% in the 3rd quarter, HoldingsChannel reports. The firm owned 7,758 shares of the bank’s stock after selling 2,828 shares during the period. GSA Capital Partners LLP’s holdings in WSFS Financial were worth $378,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in WSFS. Engineers Gate Manager LP purchased a new position in WSFS Financial during the third quarter worth $410,000. Dimensional Fund Advisors LP increased its position in WSFS Financial by 3.0% during the third quarter. Dimensional Fund Advisors LP now owns 1,242,570 shares of the bank’s stock worth $60,575,000 after buying an additional 36,426 shares in the last quarter. Schwab Charles Investment Management Inc. increased its position in WSFS Financial by 10.5% during the third quarter. Schwab Charles Investment Management Inc. now owns 137,410 shares of the bank’s stock worth $6,699,000 after buying an additional 13,099 shares in the last quarter. Wells Fargo & Company MN increased its position in WSFS Financial by 44.8% during the third quarter. Wells Fargo & Company MN now owns 77,946 shares of the bank’s stock worth $3,800,000 after buying an additional 24,121 shares in the last quarter. Finally, Citadel Advisors LLC purchased a new position in WSFS Financial during the third quarter worth $287,000. 80.48% of the stock is owned by hedge funds and other institutional investors.

In other news, EVP S James Mazarakis sold 1,868 shares of WSFS Financial stock in a transaction on Wednesday, November 29th. The stock was sold at an average price of $51.49, for a total value of $96,183.32. Following the completion of the sale, the executive vice president now owns 42,995 shares of the company’s stock, valued at $2,213,812.55. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Patrick Joseph Ward sold 2,070 shares of WSFS Financial stock in a transaction on Monday, November 20th. The shares were sold at an average price of $48.52, for a total value of $100,436.40. Following the completion of the sale, the executive vice president now directly owns 90,589 shares of the company’s stock, valued at approximately $4,395,378.28. The disclosure for this sale can be found here. 4.89% of the stock is owned by insiders.

Several equities analysts have weighed in on the company. BidaskClub downgraded WSFS Financial from a “sell” rating to a “strong sell” rating in a research report on Saturday. Zacks Investment Research downgraded WSFS Financial from a “strong-buy” rating to a “hold” rating in a research report on Saturday, December 30th. ValuEngine downgraded WSFS Financial from a “buy” rating to a “hold” rating in a research report on Saturday, November 25th. Boenning Scattergood reaffirmed a “buy” rating on shares of WSFS Financial in a research report on Wednesday, October 25th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $50.00 price objective on shares of WSFS Financial in a research report on Tuesday, October 24th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. WSFS Financial currently has an average rating of “Hold” and an average price target of $52.50.

Shares of WSFS Financial Co. (NASDAQ WSFS) opened at $48.05 on Friday. The company has a market capitalization of $1,509.85, a price-to-earnings ratio of 19.77, a PEG ratio of 1.60 and a beta of 1.23. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.06 and a quick ratio of 1.06. WSFS Financial Co. has a 1 year low of $42.45 and a 1 year high of $52.50.

WSFS Financial (NASDAQ:WSFS) last announced its quarterly earnings data on Monday, October 23rd. The bank reported $0.64 EPS for the quarter, missing the Zacks’ consensus estimate of $0.65 by ($0.01). The business had revenue of $87.80 million during the quarter, compared to analysts’ expectations of $56.86 million. WSFS Financial had a net margin of 21.27% and a return on equity of 10.93%. WSFS Financial’s revenue for the quarter was up 16.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.41 EPS. analysts expect that WSFS Financial Co. will post 2.51 EPS for the current year.

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About WSFS Financial

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.

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

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