M3 Wealth Management LLC Takes Position in Winchester Bancorp, Inc. $WSBK

M3 Wealth Management LLC bought a new position in shares of Winchester Bancorp, Inc. (NASDAQ:WSBK) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 70,000 shares of the company’s stock, valued at approximately $732,000. M3 Wealth Management LLC owned about 0.75% of Winchester Bancorp at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE purchased a new position in Winchester Bancorp during the 2nd quarter worth $91,000. Raymond James Financial Inc. purchased a new position in Winchester Bancorp during the 2nd quarter worth $179,000. Geode Capital Management LLC purchased a new position in Winchester Bancorp during the 2nd quarter worth $188,000. M3F Inc. grew its stake in Winchester Bancorp by 39.2% during the 3rd quarter. M3F Inc. now owns 82,552 shares of the company’s stock worth $788,000 after buying an additional 23,229 shares during the last quarter. Finally, Mangrove Partners IM LLC grew its stake in Winchester Bancorp by 10.6% during the 3rd quarter. Mangrove Partners IM LLC now owns 186,949 shares of the company’s stock worth $1,785,000 after buying an additional 17,851 shares during the last quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Winchester Bancorp in a research report on Friday, May 1st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Winchester Bancorp has a consensus rating of “Sell”.

Winchester Bancorp Stock Performance

Shares of WSBK opened at $12.74 on Wednesday. The stock has a 50-day moving average of $12.82 and a two-hundred day moving average of $11.66. Winchester Bancorp, Inc. has a one year low of $8.76 and a one year high of $13.39. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.14 and a current ratio of 1.14. The stock has a market cap of $118.48 million and a P/E ratio of 35.39.

Winchester Bancorp (NASDAQ:WSBK) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.13 earnings per share (EPS) for the quarter. The business had revenue of $6.66 million during the quarter. Winchester Bancorp had a return on equity of 1.93% and a net margin of 4.56%.

Insider Activity

In related news, Director Stephen Harry Boodakian acquired 2,500 shares of the firm’s stock in a transaction dated Friday, May 1st. The stock was acquired at an average price of $12.93 per share, with a total value of $32,325.00. Following the acquisition, the director directly owned 2,500 shares in the company, valued at $32,325. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director John Ingalls Snow III acquired 6,110 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The stock was bought at an average cost of $12.87 per share, with a total value of $78,635.70. Following the acquisition, the director owned 18,610 shares in the company, valued at approximately $239,510.70. This trade represents a 48.88% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders bought 10,385 shares of company stock valued at $133,661. Insiders own 4.20% of the company’s stock.

Winchester Bancorp Profile

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.