M3F Inc. Decreases Holdings in Winchester Bancorp, Inc. $WSBK

M3F Inc. trimmed its position in Winchester Bancorp, Inc. (NASDAQ:WSBK) by 82.9% in the 1st quarter, Holdings Channel.com reports. The fund owned 24,586 shares of the company’s stock after selling 119,400 shares during the quarter. Winchester Bancorp makes up approximately 0.1% of M3F Inc.’s portfolio, making the stock its 24th biggest position. M3F Inc.’s holdings in Winchester Bancorp were worth $312,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. M3 Wealth Management LLC purchased a new stake in shares of Winchester Bancorp during the 4th quarter valued at $732,000. Mangrove Partners IM LLC boosted its position in shares of Winchester Bancorp by 10.6% in the 3rd quarter. Mangrove Partners IM LLC now owns 186,949 shares of the company’s stock worth $1,785,000 after purchasing an additional 17,851 shares in the last quarter. Integrated Wealth Concepts LLC grew its stake in Winchester Bancorp by 3.6% during the 4th quarter. Integrated Wealth Concepts LLC now owns 57,000 shares of the company’s stock worth $596,000 after buying an additional 2,000 shares during the last quarter. Renaissance Technologies LLC purchased a new position in Winchester Bancorp during the 4th quarter worth $277,000. Finally, Geode Capital Management LLC increased its position in Winchester Bancorp by 10.9% during the 4th quarter. Geode Capital Management LLC now owns 26,502 shares of the company’s stock valued at $277,000 after buying an additional 2,606 shares in the last quarter.

Winchester Bancorp Price Performance

WSBK stock opened at $13.18 on Monday. The stock has a market capitalization of $122.57 million, a PE ratio of 36.61 and a beta of -0.42. Winchester Bancorp, Inc. has a 52 week low of $9.07 and a 52 week high of $13.39. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.23. The firm has a 50 day moving average of $12.85 and a 200 day moving average of $12.31.

Winchester Bancorp (NASDAQ:WSBK) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $0.13 earnings per share (EPS) for the quarter. The business had revenue of $6.66 million for the quarter. Winchester Bancorp had a net margin of 4.56% and a return on equity of 1.93%.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded Winchester Bancorp from a “sell (d-)” rating to a “sell (d)” rating in a research note on Monday, June 1st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Insiders Place Their Bets

In other news, Director John Ingalls Snow III bought 6,110 shares of Winchester Bancorp stock in a transaction that occurred on Tuesday, May 5th. The stock was bought at an average price of $12.87 per share, for a total transaction of $78,635.70. Following the purchase, the director directly owned 18,610 shares of the company’s stock, valued at approximately $239,510.70. The trade was a 48.88% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Stephen Harry Boodakian bought 2,500 shares of Winchester Bancorp stock in a transaction that occurred on Friday, May 1st. The stock was purchased at an average price of $12.93 per share, with a total value of $32,325.00. Following the purchase, the director directly owned 2,500 shares in the company, valued at $32,325. The trade was a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have bought 11,300 shares of company stock worth $145,336 over the last three months. Corporate insiders own 4.20% of the company’s stock.

About Winchester Bancorp

Winchester Bancorp, Inc is the bank holding company for The Winchester Bank, a community bank headquartered in Winchester, New Hampshire. Established in 1871, the company operates under a state charter and has a long-standing commitment to serving the financial needs of individuals, families and businesses across its regional footprint.

The company offers a comprehensive suite of banking products and services, including commercial and consumer lending, real-estate and construction financing, deposit accounts, cash management, and treasury services.