Winchester Bancorp (NASDAQ:WSBK) Announces Earnings Results

Winchester Bancorp (NASDAQ:WSBKGet Free Report) announced its earnings results on Thursday. The company reported $0.14 EPS for the quarter, FiscalAI reports. Winchester Bancorp had a return on equity of 1.93% and a net margin of 4.56%.The firm had revenue of $7.36 million for the quarter.

Winchester Bancorp Stock Down 0.2%

WSBK opened at $13.05 on Friday. Winchester Bancorp has a twelve month low of $9.19 and a twelve month high of $13.39. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.14 and a current ratio of 1.14. The business has a 50 day moving average price of $12.95 and a 200 day moving average price of $12.65. The firm has a market cap of $121.36 million, a P/E ratio of 36.25 and a beta of -0.42.

Insider Activity

In other news, Director John Ingalls Snow III bought 6,110 shares of the stock in a transaction that occurred on Tuesday, May 5th. The shares were acquired at an average cost of $12.87 per share, for a total transaction of $78,635.70. Following the purchase, the director owned 18,610 shares of the company’s stock, valued at $239,510.70. This represents a 48.88% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Over the last ninety days, insiders have acquired 8,800 shares of company stock worth $113,011. 4.20% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Winchester Bancorp

Hedge funds and other institutional investors have recently modified their holdings of the stock. M3 Wealth Management LLC bought a new position in shares of Winchester Bancorp during the 4th quarter worth about $732,000. Integrated Wealth Concepts LLC increased its stake in Winchester Bancorp by 3.6% in the fourth quarter. Integrated Wealth Concepts LLC now owns 57,000 shares of the company’s stock valued at $596,000 after acquiring an additional 2,000 shares during the period. Renaissance Technologies LLC boosted its holdings in Winchester Bancorp by 17.0% during the first quarter. Renaissance Technologies LLC now owns 31,000 shares of the company’s stock valued at $394,000 after purchasing an additional 4,498 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Winchester Bancorp by 10.9% in the 4th quarter. Geode Capital Management LLC now owns 26,502 shares of the company’s stock worth $277,000 after buying an additional 2,606 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in Winchester Bancorp in the second quarter valued at $179,000.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded shares of Winchester Bancorp from a “sell (d-)” rating to a “sell (d)” rating in a report on Monday, June 1st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of “Sell”.

Get Our Latest Stock Analysis on WSBK

Winchester Bancorp Company Profile

(Get Free Report)

Winchester Bancorp, Inc is the bank holding company for The Winchester Bank, a community bank headquartered in Winchester, New Hampshire. Established in 1871, the company operates under a state charter and has a long-standing commitment to serving the financial needs of individuals, families and businesses across its regional footprint.

The company offers a comprehensive suite of banking products and services, including commercial and consumer lending, real-estate and construction financing, deposit accounts, cash management, and treasury services.

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