Western New England Bancorp Inc (NASDAQ:WNEB) SVP Gerald P. Ciejka sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, November 28th. The stock was sold at an average price of $10.35, for a total transaction of $20,700.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Western New England Bancorp Inc (NASDAQ WNEB) traded down $0.20 during mid-day trading on Friday, hitting $10.75. 93,718 shares of the company traded hands, compared to its average volume of 107,500. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.96 and a current ratio of 0.96. The firm has a market capitalization of $335.44, a PE ratio of 21.90 and a beta of 0.39. Western New England Bancorp Inc has a twelve month low of $8.35 and a twelve month high of $11.10.

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 22nd. Investors of record on Sunday, October 8th were issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 1.12%. The ex-dividend date of this dividend was Thursday, October 5th. Western New England Bancorp’s dividend payout ratio is currently 24.49%.

Several research analysts have commented on the stock. BidaskClub upgraded shares of Western New England Bancorp from a “sell” rating to a “hold” rating in a report on Thursday. Sandler O’Neill assumed coverage on shares of Western New England Bancorp in a report on Tuesday. They set a “buy” rating and a $13.00 price target for the company. Zacks Investment Research cut shares of Western New England Bancorp from a “buy” rating to a “hold” rating in a report on Friday, November 10th. Piper Jaffray Companies cut shares of Western New England Bancorp from an “overweight” rating to a “neutral” rating and set a $10.50 price target for the company. in a report on Friday, November 3rd. Finally, Compass Point cut shares of Western New England Bancorp from a “buy” rating to a “neutral” rating in a report on Wednesday, October 18th. Six research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $11.60.

Several hedge funds have recently bought and sold shares of the stock. Royce & Associates LP boosted its holdings in shares of Western New England Bancorp by 31.5% during the third quarter. Royce & Associates LP now owns 354,454 shares of the financial services provider’s stock worth $3,864,000 after purchasing an additional 85,000 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Western New England Bancorp by 3.0% during the third quarter. Dimensional Fund Advisors LP now owns 1,994,548 shares of the financial services provider’s stock worth $21,741,000 after purchasing an additional 57,988 shares during the period. Wells Fargo & Company MN boosted its holdings in shares of Western New England Bancorp by 42.2% during the third quarter. Wells Fargo & Company MN now owns 35,603 shares of the financial services provider’s stock worth $388,000 after purchasing an additional 10,557 shares during the period. SG Americas Securities LLC bought a new position in Western New England Bancorp during the third quarter valued at approximately $186,000. Finally, Dynamic Technology Lab Private Ltd bought a new position in Western New England Bancorp during the second quarter valued at approximately $117,000. Institutional investors and hedge funds own 56.72% of the company’s stock.

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Western New England Bancorp Company Profile

Western New England Bancorp, Inc, formerly Westfield Financial, Inc, is a Massachusetts-chartered stock holding company. The Company serves as a holding company for Westfield Bank (the Bank). It is a provider of banking products and services to business organizations and individuals, including products such as residential and commercial loans, consumer loans and a variety of deposit products.

Insider Buying and Selling by Quarter for Western New England Bancorp (NASDAQ:WNEB)

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