Winchester Bancorp (NASDAQ:WSBK) Releases Quarterly Earnings Results

Winchester Bancorp (NASDAQ:WSBK) posted its quarterly earnings results on Thursday. The company reported $0.14 earnings per share for the quarter, FiscalAI reports. Winchester Bancorp had a net margin of 8.56% and a return on equity of 3.74%. The business had revenue of $7.36 million for the quarter.

Winchester Bancorp Stock Down 0.5%

NASDAQ:WSBK traded down $0.07 during trading hours on Friday, reaching $13.00. The company’s stock had a trading volume of 3,982 shares, compared to its average volume of 4,084. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.14 and a quick ratio of 1.14. The company has a market cap of $120.90 million, a price-to-earnings ratio of 26.53 and a beta of -0.42. Winchester Bancorp has a one year low of $9.19 and a one year high of $13.39. The business’s 50-day moving average is $12.96 and its 200-day moving average is $12.65.

Analyst Upgrades and Downgrades

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

Insiders Place Their Bets

In related news, Director John Ingalls Snow III bought 6,110 shares of the business’s stock in a transaction on Tuesday, May 5th. The shares were bought at an average cost of $12.87 per share, for a total transaction of $78,635.70. Following the completion of the acquisition, the director directly owned 18,610 shares in the company, valued at approximately $239,510.70. This represents a 48.88% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders bought 8,800 shares of company stock worth $113,011 in the last 90 days. 4.20% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Eastern Bank lifted its holdings in Winchester Bancorp by 60.0% in the 2nd quarter. Eastern Bank now owns 4,000 shares of the company’s stock worth $53,000 after purchasing an additional 1,500 shares during the last quarter. Integrated Wealth Concepts LLC raised its position in shares of 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 purchasing an additional 2,000 shares during the period. Geode Capital Management LLC raised its position in shares of Winchester Bancorp by 10.9% in the fourth quarter. Geode Capital Management LLC now owns 26,502 shares of the company’s stock valued at $277,000 after purchasing an additional 2,606 shares during the period. Renaissance Technologies LLC lifted its stake in shares of Winchester Bancorp by 17.0% in the first quarter. Renaissance Technologies LLC now owns 31,000 shares of the company’s stock worth $394,000 after buying an additional 4,498 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its holdings in shares of Winchester Bancorp by 77.9% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 19,127 shares of the company’s stock worth $200,000 after buying an additional 8,377 shares during the period.

About Winchester Bancorp

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.