Washington Trust Company Increased Washington Trust Bancorp Inc (NASDAQ:WASH) Stake by $23.15 Million

August 13, 2018 - By Brian Ramirez

Washington Trust Bancorp, Inc. (NASDAQ:WASH) LogoInvestors sentiment increased to 1.32 in 2018 Q1. Its up 0.21, from 1.11 in 2017Q4. It increased, as 8 investors sold WASH shares while 30 reduced holdings. 12 funds opened positions while 38 raised stakes. 9.43 million shares or 0.91% less from 9.52 million shares in 2017Q4 were reported. Parametric Assoc Ltd Liability Corp holds 0% of its portfolio in Washington Trust Bancorp, Inc. (NASDAQ:WASH) for 18,150 shares. 21,857 were accumulated by Nuveen Asset Mgmt Lc. Cwm holds 0% of its portfolio in Washington Trust Bancorp, Inc. (NASDAQ:WASH) for 2,300 shares. Citigroup invested in 0% or 6,558 shares. Principal Finance Grp Incorporated owns 1.07 million shares or 0.06% of their US portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) reported 0% in Washington Trust Bancorp, Inc. (NASDAQ:WASH). Envestnet Asset Mngmt holds 11 shares. 79,045 are owned by Foundry Partners. Raymond James & Assocs has 69,983 shares. 193 are held by Tower Rech Capital Ltd Liability Co (Trc). Riggs Asset Managment Communication Inc has 7,400 shares. Blackrock accumulated 1.05 million shares. Moreover, Swiss Bankshares has 0% invested in Washington Trust Bancorp, Inc. (NASDAQ:WASH) for 26,400 shares. Morgan Stanley stated it has 68,847 shares. Opus Capital Gp Llc reported 0.06% of its portfolio in Washington Trust Bancorp, Inc. (NASDAQ:WASH).

Since April 30, 2018, it had 1 insider purchase, and 6 insider sales for $543,722 activity. ORSINGER VICTOR J II had sold 1,000 shares worth $59,950. The insider MarcAurele Joseph J sold 5,000 shares worth $278,855. 200 Washington Trust Bancorp, Inc. (NASDAQ:WASH) shares with value of $11,940 were sold by ALGIERE DENNIS L. $44,501 worth of Washington Trust Bancorp, Inc. (NASDAQ:WASH) shares were sold by Santos Edwin J. $5,930 worth of Washington Trust Bancorp, Inc. (NASDAQ:WASH) was bought by Howes Constance A on Monday, May 21. Shares for $146,250 were sold by DiSanto Kristen L.

Washington Trust Company increased its stake in Washington Trust Bancorp Inc (NASDAQ:WASH) by 86.22% based on its latest 2018Q2 regulatory filing with the SEC. Washington Trust Company bought 399,111 shares as the company’s stock rose 11.54% while stock markets declined. The institutional investor held 862,023 shares of the finance company at the end of 2018Q2, valued at $50.08M, up from 462,912 at the end of the previous reported quarter. Washington Trust Company who had been investing in Washington Trust Bancorp Inc for a number of months, seems to be bullish on the $1.01 billion market cap company. The stock decreased 0.60% or $0.35 during the last trading session, reaching $58.15. About 16,770 shares traded. Washington Trust Bancorp, Inc. (NASDAQ:WASH) has risen 24.28% since August 13, 2017 and is uptrending. It has outperformed by 11.71% the S&P500.

Washington Trust Bancorp, Inc. operates as the bank holding firm for The Washington Trust Company that offers various banking and financial services and products to individuals and businesses. The company has market cap of $1.01 billion. The firm operates in two divisions, Commercial Banking and Wealth Management Services. It has a 18.51 P/E ratio. The Commercial Banking segment offers deposit accounts, including interest-bearing checking, noninterest-bearing checking, savings, money market, and retirement deposit accounts; and certificates of deposit, as well as debit card, ATM, telephone banking, Internet banking, mobile banking, remote deposit capture, and cash management services.

More important recent Washington Trust Bancorp, Inc. (NASDAQ:WASH) news were published by: Benzinga.com which released: “Preview: Washington Trust Bancorp’s Earnings” on July 23, 2018, also Globenewswire.com published article titled: “Nation’s Oldest Community Bank to Ring Nasdaq Opening Bell”, Seekingalpha.com published: “Washington Trust Bancorp Inc.’s (WASH) CEO Ned Handy on Q2 2018 Results – Earnings Call Transcript” on July 24, 2018. More interesting news about Washington Trust Bancorp, Inc. (NASDAQ:WASH) was released by: Nasdaq.com and their article: “Washington Trust Supports University Orthopedics in Recent Opening of Surgery Center in East Providence, RI” with publication date: August 03, 2018.

Washington Trust Bancorp, Inc. (NASDAQ:WASH) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.