Jane Street Group LLC Takes Position in Western New England Bancorp, Inc. (NASDAQ:WNEB)

Jane Street Group LLC purchased a new stake in Western New England Bancorp, Inc. (NASDAQ:WNEB - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 27,799 shares of the financial services provider's stock, valued at approximately $256,000. Jane Street Group LLC owned about 0.13% of Western New England Bancorp at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Schonfeld Strategic Advisors LLC acquired a new position in Western New England Bancorp in the 4th quarter valued at $253,000. Dimensional Fund Advisors LP lifted its stake in shares of Western New England Bancorp by 0.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,495,233 shares of the financial services provider's stock valued at $13,756,000 after acquiring an additional 5,560 shares during the last quarter. Empowered Funds LLC lifted its stake in shares of Western New England Bancorp by 5.1% in the 4th quarter. Empowered Funds LLC now owns 83,595 shares of the financial services provider's stock valued at $769,000 after acquiring an additional 4,050 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new position in shares of Western New England Bancorp in the 4th quarter valued at $120,000. Finally, Arrowstreet Capital Limited Partnership lifted its stake in shares of Western New England Bancorp by 22.5% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 186,592 shares of the financial services provider's stock valued at $1,717,000 after acquiring an additional 34,297 shares during the last quarter. 67.95% of the stock is currently owned by institutional investors.

Western New England Bancorp Trading Up 1.6%

Shares of NASDAQ:WNEB traded up $0.15 during trading on Friday, reaching $9.32. The stock had a trading volume of 69,505 shares, compared to its average volume of 46,963. Western New England Bancorp, Inc. has a 52 week low of $6.10 and a 52 week high of $10.08. The firm's fifty day moving average is $9.02 and its 200 day moving average is $9.19. The stock has a market cap of $193.03 million, a price-to-earnings ratio of 16.64 and a beta of 0.77. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.95 and a current ratio of 0.95.

Western New England Bancorp (NASDAQ:WNEB - Get Free Report) last issued its quarterly earnings data on Tuesday, April 22nd. The financial services provider reported $0.11 EPS for the quarter, missing analysts' consensus estimates of $0.12 by ($0.01). The company had revenue of $28.44 million for the quarter, compared to the consensus estimate of $15.58 million. Western New England Bancorp had a return on equity of 4.91% and a net margin of 9.51%. As a group, equities analysts forecast that Western New England Bancorp, Inc. will post 0.6 EPS for the current fiscal year.

Western New England Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, May 21st. Shareholders of record on Wednesday, May 7th were paid a $0.07 dividend. The ex-dividend date was Wednesday, May 7th. This represents a $0.28 dividend on an annualized basis and a yield of 3.00%. Western New England Bancorp's dividend payout ratio is presently 52.83%.

Western New England Bancorp Profile

Western New England Bancorp, Inc operates as the holding company for Westfield Bank that provides a range of commercial and retail banking products and services to individuals and businesses. The company accepts various deposit accounts, including interest-bearing and noninterest-bearing checking, commercial checking, business, nonprofit and municipal checking, savings, money market and sweep, individual retirement, and other savings accounts; time deposits; certificates of deposit; and interest on lawyer's trust accounts.