27,799 Shares in Western New England Bancorp, Inc. (NASDAQ:WNEB) Bought by Jane Street Group LLC

Jane Street Group LLC purchased a new stake in shares of Western New England Bancorp, Inc. (NASDAQ:WNEB - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). 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 have also modified their holdings of WNEB. Schonfeld Strategic Advisors LLC acquired a new stake in shares of Western New England Bancorp during the fourth quarter worth $253,000. Susquehanna International Group LLP boosted its stake in Western New England Bancorp by 186.2% in the 4th quarter. Susquehanna International Group LLP now owns 284,223 shares of the financial services provider's stock valued at $2,615,000 after purchasing an additional 184,907 shares during the period. Dimensional Fund Advisors LP increased its position in Western New England Bancorp by 0.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,495,233 shares of the financial services provider's stock worth $13,756,000 after buying an additional 5,560 shares during the period. Fourthstone LLC lifted its holdings in shares of Western New England Bancorp by 18.3% during the fourth quarter. Fourthstone LLC now owns 910,788 shares of the financial services provider's stock worth $8,379,000 after buying an additional 140,981 shares in the last quarter. Finally, Barclays PLC lifted its holdings in shares of Western New England Bancorp by 30.9% during the fourth quarter. Barclays PLC now owns 58,165 shares of the financial services provider's stock worth $534,000 after buying an additional 13,743 shares in the last quarter. 67.95% of the stock is owned by institutional investors.

Western New England Bancorp Price Performance

WNEB stock traded down $0.06 during midday trading on Thursday, reaching $9.17. The company had a trading volume of 71,007 shares, compared to its average volume of 46,666. The company has a market capitalization of $189.92 million, a price-to-earnings ratio of 16.38 and a beta of 0.74. The stock has a 50 day moving average price of $9.03 and a 200-day moving average price of $9.18. Western New England Bancorp, Inc. has a 1-year low of $6.10 and a 1-year high of $10.08. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.95 and a quick ratio of 0.95.

Western New England Bancorp (NASDAQ:WNEB - Get Free Report) last released its earnings results on Tuesday, April 22nd. The financial services provider reported $0.11 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.12 by ($0.01). The business had revenue of $28.44 million during the quarter, compared to the consensus estimate of $15.58 million. Western New England Bancorp had a net margin of 9.51% and a return on equity of 4.91%. Equities research analysts expect that Western New England Bancorp, Inc. will post 0.6 earnings per share for the current year.

Western New England Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 21st. Stockholders of record on Wednesday, May 7th were issued a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 3.05%. The ex-dividend date was Wednesday, May 7th. Western New England Bancorp's dividend payout ratio (DPR) is currently 52.83%.

About Western New England Bancorp

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.