Institutional Investor Sentiment About Wellesley Bancorp Inc (NASDAQ:WEBK) Improved

Sentiment for Wellesley Bancorp Inc (NASDAQ:WEBK)

Wellesley Bancorp Inc (NASDAQ:WEBK) institutional sentiment increased to 2.5 in 2018 Q2. Its up 1.50, from 1 in 2018Q1. The ratio increased, as 5 hedge funds opened new or increased equity positions, while 2 trimmed and sold stakes in Wellesley Bancorp Inc. The hedge funds in our partner’s database now hold: 70,374 shares, up from 63,358 shares in 2018Q1. Also, the number of hedge funds holding Wellesley Bancorp Inc in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 0 Increased: 1 New Position: 4.

Wellesley Bancorp, Inc. operates as the bank holding firm for Wellesley Bank that provides various financial services to individuals, non-profit organizations, small businesses, and other entities in eastern Massachusetts. The company has market cap of $78.26 million. The Company’s deposit products include noninterest-bearing demand deposits, such as checking accounts; interest-bearing demand accounts comprising negotiable order of withdrawal and money market accounts; savings accounts; and certificates of deposit, as well as offers remote capture products. It has a 17.43 P/E ratio. The firm also offers residential mortgage loans, commercial real estate loans, and construction loans, as well as home equity lines of credit and other consumer loans that consist of fixed-rate second mortgage loans, automobile loans, loans secured by passbook or certificate accounts, and overdraft loans; and commercial business loans, such as term loans, revolving lines of credit, and equipment loans.

The stock increased 1.41% or $0.45 during the last trading session, reaching $32.35. About 594 shares traded. Wellesley Bancorp, Inc. (NASDAQ:WEBK) has risen 25.50% since December 2, 2017 and is uptrending. It has outperformed by 9.88% the S&P500.

Banc Funds Co Llc holds 0.05% of its portfolio in Wellesley Bancorp, Inc. for 30,879 shares. Howland Capital Management Llc owns 12,500 shares or 0.03% of their US portfolio. Moreover, Seizert Capital Partners Llc has 0.01% invested in the company for 9,240 shares. The New York-based Blackrock Inc. has invested 0% in the stock. Delta Asset Management Llc Tn, a Tennessee-based fund reported 250 shares.

More notable recent Wellesley Bancorp, Inc. (NASDAQ:WEBK) news were published by: which released: “Dividend Champions For July 2018 – Seeking Alpha” on July 02, 2018, also with their article: “Wellesley Bank appoints William J. Cadigan President of Wellesley Investment Partners – Business Wire” published on March 06, 2012, published: “It’s A Bank-Eat-Bank World – Seeking Alpha” on January 17, 2017. More interesting news about Wellesley Bancorp, Inc. (NASDAQ:WEBK) were released by: and their article: “Wellesley Investment Partners Appoints Louis P. Crosier as President – Business Wire” published on September 22, 2014 as well as‘s news article titled: “Wellesley Bank turns to new funding source to back growth – Boston Business Journal” with publication date: January 07, 2016.

Wellesley Bancorp, Inc. (NASDAQ:WEBK) Institutional Positions Chart

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