American Century Companies Inc. grew its holdings in Webster Financial Co. (NYSE:WBS) by 13.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,891,110 shares of the financial services provider’s stock after purchasing an additional 218,640 shares during the quarter. American Century Companies Inc.’s holdings in Webster Financial were worth $106,205,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. GSA Capital Partners LLP acquired a new stake in shares of Webster Financial in the third quarter valued at about $202,000. Advisor Group Inc. grew its position in shares of Webster Financial by 13.3% in the second quarter. Advisor Group Inc. now owns 4,038 shares of the financial services provider’s stock valued at $211,000 after purchasing an additional 474 shares during the last quarter. Flinton Capital Management LLC grew its position in shares of Webster Financial by 42.1% in the second quarter. Flinton Capital Management LLC now owns 4,480 shares of the financial services provider’s stock valued at $234,000 after purchasing an additional 1,328 shares during the last quarter. Fox Run Management L.L.C. acquired a new stake in shares of Webster Financial in the fourth quarter valued at about $264,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Webster Financial by 39.4% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,788 shares of the financial services provider’s stock valued at $269,000 after purchasing an additional 1,353 shares during the last quarter. 94.60% of the stock is currently owned by institutional investors.

Shares of Webster Financial Co. (WBS) opened at $52.54 on Friday. Webster Financial Co. has a 1 year low of $44.04 and a 1 year high of $60.32. The firm has a market capitalization of $4,920.00, a PE ratio of 19.68, a P/E/G ratio of 2.03 and a beta of 1.14. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.82 and a current ratio of 0.82.

Webster Financial (NYSE:WBS) last released its quarterly earnings data on Tuesday, January 23rd. The financial services provider reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.67 by $0.06. The company had revenue of $270.97 million for the quarter, compared to the consensus estimate of $269.64 million. Webster Financial had a return on equity of 9.91% and a net margin of 21.77%. The company’s quarterly revenue was up 5.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.60 earnings per share. analysts anticipate that Webster Financial Co. will post 3.35 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 27th. Shareholders of record on Tuesday, February 13th will be issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 1.98%. The ex-dividend date of this dividend is Monday, February 12th. Webster Financial’s payout ratio is 38.95%.

WBS has been the topic of a number of recent research reports. Boenning Scattergood reissued a “hold” rating on shares of Webster Financial in a research report on Friday, October 20th. Wells Fargo & Co lifted their target price on Webster Financial from $50.00 to $55.00 and gave the stock a “market perform” rating in a research report on Friday, October 20th. Barclays set a $55.00 target price on Webster Financial and gave the stock a “hold” rating in a research report on Friday, October 20th. Keefe, Bruyette & Woods reissued a “buy” rating and set a $63.00 target price on shares of Webster Financial in a research report on Friday, October 20th. Finally, Deutsche Bank lifted their target price on Webster Financial from $51.00 to $53.00 and gave the stock a “hold” rating in a research report on Wednesday, November 8th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $59.82.

In other Webster Financial news, EVP Daniel Bley sold 2,917 shares of Webster Financial stock in a transaction that occurred on Thursday, January 25th. The stock was sold at an average price of $58.27, for a total transaction of $169,973.59. Following the sale, the executive vice president now directly owns 19,804 shares of the company’s stock, valued at $1,153,979.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Joel S. Becker sold 5,064 shares of Webster Financial stock in a transaction that occurred on Tuesday, February 6th. The shares were sold at an average price of $54.22, for a total value of $274,570.08. Following the sale, the director now directly owns 58,283 shares in the company, valued at $3,160,104.26. The disclosure for this sale can be found here. Insiders have sold 11,272 shares of company stock worth $629,959 over the last ninety days. Company insiders own 2.20% of the company’s stock.

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About Webster Financial

Webster Financial Corporation is a bank and financial holding company. The Company’s segments include Commercial Banking, Community Banking, HSA Bank, Private Banking, and Corporate and Reconciling. The Commercial Banking segment includes middle-market, asset-based lending, commercial real estate, equipment finance, and treasury and payment solutions, which includes government and institutional banking.

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Institutional Ownership by Quarter for Webster Financial (NYSE:WBS)

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