Washington Trust Bank Cut Paccar (PCAR) Holding By $439,200; WSFS Financial (WSFS)’s Sentiment Is 1

March 13, 2018 - By Martha Paddon

Washington Trust Bank decreased Paccar Inc (PCAR) stake by 0.34% reported in 2017Q3 SEC filing. Washington Trust Bank sold 6,100 shares as Paccar Inc (PCAR)’s stock declined 8.74%. The Washington Trust Bank holds 1.80M shares with $130.39 million value, down from 1.81M last quarter. Paccar Inc now has $23.84 billion valuation. The stock decreased 1.93% or $1.33 during the last trading session, reaching $67.74. About 3.21M shares traded or 26.33% up from the average. PACCAR Inc (NASDAQ:PCAR) has risen 19.93% since March 13, 2017 and is uptrending. It has outperformed by 3.23% the S&P500.

WSFS Financial Corporation operates as the thrift holding firm for the Wilmington Savings Fund Society, FSB that provides various banking services in the United States. The company has market cap of $1.57 billion. It operates through three divisions: WSFS Bank, Cash Connect, and Wealth Management. It has a 32.12 P/E ratio. The firm offers various deposit products, including savings accounts, demand deposits, interest-bearing demand deposits, money market deposit accounts, and certificates of deposit, as well as jumbo certificates of deposit.

Analysts await WSFS Financial Corporation (NASDAQ:WSFS) to report earnings on April, 26. They expect $0.74 earnings per share, up 25.42% or $0.15 from last year’s $0.59 per share. WSFS’s profit will be $23.23M for 16.93 P/E if the $0.74 EPS becomes a reality. After $0.71 actual earnings per share reported by WSFS Financial Corporation for the previous quarter, Wall Street now forecasts 4.23% EPS growth.

Skyline Asset Management Lp holds 1.5% of its portfolio in WSFS Financial Corporation for 388,200 shares. Alphaone Investment Services Llc owns 107,223 shares or 1.39% of their US portfolio. Moreover, Penn Capital Management Co Inc has 0.98% invested in the company for 274,170 shares. The Georgia-based Chatham Capital Group Inc. has invested 0.41% in the stock. Sentinel Asset Management Inc., a Vermont-based fund reported 318,875 shares.

Since January 1, 0001, it had 0 insider buys, and 4 selling transactions for $1.04 million activity.

The stock decreased 1.09% or $0.55 during the last trading session, reaching $50.1. About 58,317 shares traded. WSFS Financial Corporation (WSFS) has risen 27.14% since March 13, 2017 and is uptrending. It has outperformed by 10.44% the S&P500.

Washington Trust Bank increased Valero Energy Corp (NYSE:VLO) stake by 26,086 shares to 52,678 valued at $4.05M in 2017Q3. It also upped Jp Morgan Chase (NYSE:JPM) stake by 49,181 shares and now owns 109,201 shares. Pnc Financial Services Group I (NYSE:PNC) was raised too.

Analysts await PACCAR Inc (NASDAQ:PCAR) to report earnings on April, 24. They expect $1.29 earnings per share, up 46.59% or $0.41 from last year’s $0.88 per share. PCAR’s profit will be $454.07M for 13.13 P/E if the $1.29 EPS becomes a reality. After $1.18 actual earnings per share reported by PACCAR Inc for the previous quarter, Wall Street now forecasts 9.32% EPS growth.

Investors sentiment increased to 1.4 in 2017 Q3. Its up 0.34, from 1.06 in 2017Q2. It is positive, as 40 investors sold PCAR shares while 147 reduced holdings. 46 funds opened positions while 152 raised stakes. 213.97 million shares or 0.17% more from 213.61 million shares in 2017Q2 were reported. Moreover, Teachers Retirement System Of The State Of Kentucky has 0.07% invested in PACCAR Inc (NASDAQ:PCAR) for 84,359 shares. Chevy Chase Holdg accumulated 0.1% or 308,677 shares. Bancorporation Of Mellon holds 0.13% of its portfolio in PACCAR Inc (NASDAQ:PCAR) for 6.77 million shares. Axa stated it has 0.02% in PACCAR Inc (NASDAQ:PCAR). The Illinois-based Hightower Advisors Ltd Llc has invested 0.05% in PACCAR Inc (NASDAQ:PCAR). Moreover, Jpmorgan Chase & has 0.03% invested in PACCAR Inc (NASDAQ:PCAR) for 2.13M shares. Aperio Gp Limited Liability Company owns 197,210 shares or 0.08% of their US portfolio. Schroder Invest Management Gp accumulated 91,076 shares. Moreover, Brown Advisory Inc has 0.01% invested in PACCAR Inc (NASDAQ:PCAR). Livforsakringsbolaget Skandia Omsesidigt invested 0.04% in PACCAR Inc (NASDAQ:PCAR). Brighton Jones Ltd reported 51,098 shares. First Personal Financial Ser has 0.01% invested in PACCAR Inc (NASDAQ:PCAR) for 838 shares. Korea Inv Corporation, a Korea-based fund reported 482,253 shares. Mutual Of America Cap Management Llc holds 0.05% or 41,558 shares in its portfolio. Pictet Natl Bank, a Bahamas-based fund reported 5,500 shares.

Among 25 analysts covering Paccar Inc (NASDAQ:PCAR), 10 have Buy rating, 2 Sell and 13 Hold. Therefore 40% are positive. Paccar Inc has $90.0 highest and $42 lowest target. $73.30’s average target is 8.21% above currents $67.74 stock price. Paccar Inc had 102 analyst reports since July 30, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Buy” rating and $81.0 target in Tuesday, October 24 report. Robert W. Baird upgraded PACCAR Inc (NASDAQ:PCAR) rating on Wednesday, April 27. Robert W. Baird has “Outperform” rating and $66 target. The firm has “Hold” rating by Robert W. Baird given on Wednesday, August 30. The stock of PACCAR Inc (NASDAQ:PCAR) earned “Hold” rating by Piper Jaffray on Friday, December 8. Robert W. Baird maintained the shares of PCAR in report on Wednesday, October 25 with “Neutral” rating. The firm earned “Sector Perform” rating on Monday, November 30 by RBC Capital Markets. On Thursday, January 19 the stock rating was upgraded by Longbow to “Neutral”. Evercore upgraded PACCAR Inc (NASDAQ:PCAR) rating on Tuesday, January 3. Evercore has “Buy” rating and $77 target. The firm has “Hold” rating given on Tuesday, August 4 by Evercore. The firm has “Buy” rating given on Tuesday, September 5 by BMO Capital Markets.

Since October 30, 2017, it had 2 buys, and 2 sales for $1.88 million activity. $1.63M worth of PACCAR Inc (NASDAQ:PCAR) was sold by LeVier Jack K. on Monday, October 30. 21 shares were bought by GRANDSTAFF DOUGLAS S, worth $1,482 on Wednesday, February 7. LEY ALMA LILY sold $285,704 worth of stock or 4,024 shares. $39,356 worth of PACCAR Inc (NASDAQ:PCAR) was bought by Davila Marco A. on Friday, February 16.