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

August 13, 2018 - By Palma Niemeyer

Washington Trust Bancorp, Inc. (NASDAQ:WASH) LogoInvestors sentiment increased to 1.32 in Q1 2018. 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. Zebra Mgmt Ltd Com holds 0.18% or 9,534 shares in its portfolio. Credit Suisse Ag reported 15,954 shares. Moreover, Brown Brothers Harriman And has 0% invested in Washington Trust Bancorp, Inc. (NASDAQ:WASH) for 7,702 shares. Schwab Charles Mngmt Inc holds 0% in Washington Trust Bancorp, Inc. (NASDAQ:WASH) or 78,038 shares. Metropolitan Life Insurance Co accumulated 5,219 shares or 0% of the stock. Northern Tru has 0.01% invested in Washington Trust Bancorp, Inc. (NASDAQ:WASH). Foundry Ptnrs Limited Liability Company stated it has 79,045 shares. Aperio Grp Inc Ltd owns 0% invested in Washington Trust Bancorp, Inc. (NASDAQ:WASH) for 4,953 shares. Dimensional Fund Advsr L P stated it has 0.02% of its portfolio in Washington Trust Bancorp, Inc. (NASDAQ:WASH). Atlantic Trust Group Limited Liability Corporation reported 0% of its portfolio in Washington Trust Bancorp, Inc. (NASDAQ:WASH). California Public Employees Retirement accumulated 25,586 shares. Goldman Sachs Gp Inc Inc holds 0% in Washington Trust Bancorp, Inc. (NASDAQ:WASH) or 10,371 shares. New York State Common Retirement Fund holds 0% or 24,582 shares in its portfolio. Fifth Third State Bank accumulated 177 shares. New England Research & Management Inc invested in 2.71% or 75,238 shares.

Since April 30, 2018, it had 1 buying transaction, and 6 insider sales for $543,722 activity. 200 shares were sold by ALGIERE DENNIS L, worth $11,940. On Monday, April 30 MarcAurele Joseph J sold $278,855 worth of Washington Trust Bancorp, Inc. (NASDAQ:WASH) or 5,000 shares. $44,501 worth of Washington Trust Bancorp, Inc. (NASDAQ:WASH) was sold by Santos Edwin J. 130 Washington Trust Bancorp, Inc. (NASDAQ:WASH) shares with value of $8,156 were sold by Noons Mary E.. $59,950 worth of Washington Trust Bancorp, Inc. (NASDAQ:WASH) shares were sold by ORSINGER VICTOR J II. $5,930 worth of Washington Trust Bancorp, Inc. (NASDAQ:WASH) was bought by Howes Constance A.

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: Nasdaq.com which released: “Washington Trust Supports University Orthopedics in Recent Opening of Surgery Center in East Providence, RI” on August 03, 2018, also Seekingalpha.com published article titled: “Washington Trust Bancorp Inc.’s (WASH) CEO Ned Handy on Q2 2018 Results – Earnings Call Transcript”, Benzinga.com published: “Preview: Washington Trust Bancorp’s Earnings” on July 23, 2018. More interesting news about Washington Trust Bancorp, Inc. (NASDAQ:WASH) was released by: Globenewswire.com and their article: “Nation’s Oldest Community Bank to Ring Nasdaq Opening Bell” with publication date: July 26, 2018.

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

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