Susquehanna International Group LLP Buys 184,907 Shares of Western New England Bancorp, Inc. (NASDAQ:WNEB)

Susquehanna International Group LLP grew its position in shares of Western New England Bancorp, Inc. (NASDAQ:WNEB - Free Report) by 186.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 284,223 shares of the financial services provider's stock after buying an additional 184,907 shares during the quarter. Susquehanna International Group LLP owned approximately 1.35% of Western New England Bancorp worth $2,615,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP grew its holdings 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 acquiring an additional 5,560 shares during the last quarter. Fourthstone LLC grew its stake 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 valued at $8,379,000 after purchasing an additional 140,981 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of Western New England Bancorp by 22.5% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 186,592 shares of the financial services provider's stock valued at $1,717,000 after purchasing an additional 34,297 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its position in Western New England Bancorp by 15.8% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 95,624 shares of the financial services provider's stock worth $880,000 after purchasing an additional 13,019 shares during the last quarter. Finally, Empowered Funds LLC lifted its holdings in Western New England Bancorp by 5.1% during the 4th quarter. Empowered Funds LLC now owns 83,595 shares of the financial services provider's stock worth $769,000 after buying an additional 4,050 shares in the last quarter. 67.95% of the stock is owned by institutional investors.

Western New England Bancorp Trading Up 0.5%

Western New England Bancorp stock traded up $0.05 during trading hours on Tuesday, reaching $9.69. 6,905 shares of the company's stock traded hands, compared to its average volume of 45,533. The firm has a market capitalization of $201.66 million, a price-to-earnings ratio of 17.30 and a beta of 0.74. 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, Inc. has a fifty-two week low of $6.10 and a fifty-two week high of $10.08. The firm's 50 day moving average is $8.95 and its 200-day moving average is $9.12.

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

Western New England Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 21st. Investors of record on Wednesday, May 7th will be paid a dividend of $0.07 per share. The ex-dividend date is Wednesday, May 7th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.89%. Western New England Bancorp's dividend payout ratio (DPR) is presently 52.83%.

Analysts Set New Price Targets

Separately, Seaport Res Ptn raised Western New England Bancorp from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, January 29th.

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.