Analysts See $0.94 EPS for Webster Financial Corporation (WBS)

September 25, 2018 - By Mary Kidd

Webster Financial Corporation (NYSE:WBS) LogoInvestors sentiment increased to 1.17 in 2018 Q2. Its up 0.25, from 0.92 in 2018Q1. It improved, as 12 investors sold Webster Financial Corporation shares while 88 reduced holdings. 42 funds opened positions while 75 raised stakes. 83.48 million shares or 1.82% less from 85.03 million shares in 2018Q1 were reported.
Lpl Financial Lc holds 0% in Webster Financial Corporation (NYSE:WBS) or 3,236 shares. Natixis Limited Partnership accumulated 15,679 shares. Essex Ser Incorporated stated it has 14,657 shares or 0.22% of all its holdings. Pub Employees Retirement Sys Of Ohio owns 65,243 shares for 0.02% of their portfolio. Hanseatic Mgmt holds 1,067 shares. State Of Alaska Department Of Revenue owns 10,070 shares or 0.01% of their US portfolio. Archford Strategies Ltd Limited Liability Company has invested 0% of its portfolio in Webster Financial Corporation (NYSE:WBS). Panagora Asset Mngmt Inc invested in 0.01% or 34,867 shares. Grandeur Peak Limited Liability Corp invested in 0.19% or 28,675 shares. Tygh Cap has invested 0.79% of its portfolio in Webster Financial Corporation (NYSE:WBS). Ameritas Invest Prtn Inc holds 0.2% or 63,761 shares in its portfolio. Tudor Inv Corp Et Al reported 10,426 shares. Regions Fin Corp holds 0% or 4,544 shares. Congress Asset Ma reported 0.06% stake. Jcsd Ltd Llc invested in 15,000 shares.

Since April 23, 2018, it had 0 insider buys, and 8 selling transactions for $5.52 million activity. SMITH JAMES COPENHAVER sold $3.63 million worth of Webster Financial Corporation (NYSE:WBS) on Thursday, April 26. 7,473 Webster Financial Corporation (NYSE:WBS) shares with value of $455,853 were sold by BECKER JOEL S. The insider CRAWFORD JOHN JOSEPH sold $244,120. Shares for $97,484 were sold by BLEY DANIEL on Monday, July 30. The insider WILKINS CHARLES L sold 3,000 shares worth $202,544. Shares for $147,100 were sold by MORRIS DAWN C.

Analysts expect Webster Financial Corporation (NYSE:WBS) to report $0.94 EPS on October, 18.They anticipate $0.27 EPS change or 40.30 % from last quarter’s $0.67 EPS. WBS’s profit would be $86.70 million giving it 16.16 P/E if the $0.94 EPS is correct. After having $0.92 EPS previously, Webster Financial Corporation’s analysts see 2.17 % EPS growth. The stock decreased 1.40% or $0.86 during the last trading session, reaching $60.76. About 404,244 shares traded. Webster Financial Corporation (NYSE:WBS) has risen 32.10% since September 25, 2017 and is uptrending. It has outperformed by 16.48% the S&P500.

Webster Financial Corporation (NYSE:WBS) Ratings Coverage

Among 7 analysts covering Webster Financial (NYSE:WBS), 0 have Buy rating, 1 Sell and 6 Hold. Therefore 0 are positive. Webster Financial had 10 analyst reports since April 19, 2018 according to SRatingsIntel. The company was maintained on Wednesday, July 11 by Barclays Capital. Jefferies maintained Webster Financial Corporation (NYSE:WBS) rating on Thursday, April 19. Jefferies has “Hold” rating and $6300 target. Morgan Stanley maintained the stock with “Underweight” rating in Tuesday, April 24 report. The rating was maintained by Piper Jaffray with “Hold” on Monday, April 23. The stock of Webster Financial Corporation (NYSE:WBS) has “Underweight” rating given on Tuesday, July 24 by Morgan Stanley. The stock of Webster Financial Corporation (NYSE:WBS) earned “Hold” rating by Boenning & Scattergood on Friday, April 20. Barclays Capital maintained it with “Equal-Weight” rating and $70 target in Friday, July 20 report. The firm has “Market Perform” rating given on Tuesday, June 26 by Wells Fargo. The stock has “Hold” rating by Deutsche Bank on Friday, May 4. As per Tuesday, September 18, the company rating was maintained by Morgan Stanley.

Webster Financial Corporation operates as the holding firm for Webster Bank, National Association that provides financial services to individuals, families, and businesses in the United States. The company has market cap of $5.60 billion. It operates through four divisions: Commercial Banking, Community Banking, HSA Bank, and Private Banking. It has a 19.47 P/E ratio. The Commercial Banking segment provides lending, deposit, and cash management services to middle market companies; and asset lending, commercial real estate, and equipment finance, as well as treasury and payment services, which include government and institutional banking.

Another recent and important Webster Financial Corporation (NYSE:WBS) news was published by which published an article titled: “Analyst: Chase poses ‘significant, long-term threat to Boston banks'” on August 29, 2018.

Webster Financial Corporation (NYSE:WBS) Institutional Positions Chart

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