The CEO of WSFS Financial (WSFS), Mark Turner Unloaded 40,520 Shares; Prescott General Partners Has Boosted By $5.02 Million Its Yelp (YELP) Position

May 18, 2018 - By Richard Conner

Yelp Inc. (NYSE:YELP) Logo

Prescott General Partners Llc increased Yelp Inc (YELP) stake by 3.18% reported in 2017Q4 SEC filing. Prescott General Partners Llc acquired 122,408 shares as Yelp Inc (YELP)’s stock declined 1.69%. The Prescott General Partners Llc holds 3.97M shares with $166.76M value, up from 3.85M last quarter. Yelp Inc now has $3.78B valuation. The stock increased 2.73% or $1.2 during the last trading session, reaching $45.23. About 2.06 million shares traded or 60.43% up from the average. Yelp Inc. (NYSE:YELP) has risen 27.04% since May 18, 2017 and is uptrending. It has outperformed by 15.49% the S&P500.

Investors sentiment increased to 1 in Q4 2017. Its up 0.08, from 0.92 in 2017Q3. It is positive, as 14 investors sold WSFS Financial Corporation shares while 45 reduced holdings. 14 funds opened positions while 45 raised stakes. 22.69 million shares or 1.85% less from 23.12 million shares in 2017Q3 were reported. Dimensional Fund Advisors Lp stated it has 1.26M shares or 0.03% of all its holdings. Commercial Bank Of Montreal Can holds 304 shares. Tiaa Cref Inv Management Ltd Liability reported 0% in WSFS Financial Corporation (NASDAQ:WSFS). Northern Corp reported 0.01% stake. Aqr Cap Ltd stated it has 0% in WSFS Financial Corporation (NASDAQ:WSFS). Parametric Port Associate Ltd Liability Corporation, a Washington-based fund reported 60,308 shares. First Mercantile Trust Co reported 0.03% of its portfolio in WSFS Financial Corporation (NASDAQ:WSFS). Moreover, Barclays Public Limited Com has 0% invested in WSFS Financial Corporation (NASDAQ:WSFS) for 5,117 shares. Glenmede Trust Co Na stated it has 5,118 shares. Lord Abbett & Limited Liability has invested 0.02% of its portfolio in WSFS Financial Corporation (NASDAQ:WSFS). Penn Mngmt Communication holds 271,365 shares or 0.91% of its portfolio. Nebraska-based Ameritas Investment Prtnrs has invested 0.01% in WSFS Financial Corporation (NASDAQ:WSFS). Teachers Retirement Sys Of The State Of Kentucky reported 33,708 shares. California State Teachers Retirement owns 47,648 shares. Chatham Gru owns 0.4% invested in WSFS Financial Corporation (NASDAQ:WSFS) for 30,120 shares.

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 $1.65 billion. It operates through three divisions: WSFS Bank, Cash Connect, and Wealth Management. It has a 33.46 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.

The stock increased 1.16% or $0.6 during the last trading session, reaching $52.2. About 97,583 shares traded or 29.21% up from the average. WSFS Financial Corporation (NASDAQ:WSFS) has risen 4.89% since May 18, 2017 and is uptrending. It has underperformed by 6.66% the S&P500.

Company insider, Mark Turner, CEO of Wsfs Financial Corp unloaded a total of 40,520 shares of the firm, which is based on a market stock price of $51.6 for every share. Right now, Mark Turner owns 171,580 shares which are equivalent to roughly 0.54% of the company’s market cap (total dollar market value of all company’s outstanding shares). Mark finished this trade on 17-05-2018. The report is freely available for review here at the U.S. SEC website.

Analysts await WSFS Financial Corporation (NASDAQ:WSFS) to report earnings on July, 26. They expect $0.81 earnings per share, up 28.57% or $0.18 from last year’s $0.63 per share. WSFS’s profit will be $25.54M for 16.11 P/E if the $0.81 EPS becomes a reality. After $0.76 actual earnings per share reported by WSFS Financial Corporation for the previous quarter, Wall Street now forecasts 6.58% EPS growth.

More notable recent WSFS Financial Corporation (NASDAQ:WSFS) news were published by: Globenewswire.com which released: “Photo Release — WSFS Financial Corporation Announces Executive Leadership Promotions” on May 07, 2018, also Nasdaq.com with their article: “Photo Release — WSFS Names Arthur J. Bacci Executive Vice President and Chief Wealth Officer” published on April 26, 2018, Nasdaq.com published: “Photo Release — WSFS Bank Amplifies Team that Oversees its Retail Office Network” on April 19, 2018. More interesting news about WSFS Financial Corporation (NASDAQ:WSFS) were released by: Nasdaq.com and their article: “WSFS Bank to Present at the 2018 DA Davidson Financial Institutions Conference in Denver” published on May 02, 2018 as well as Seekingalpha.com‘s news article titled: “WSFS Financial’s (WSFS) CEO Mark Turner on Q1 2018 Results – Earnings Call Transcript” with publication date: April 24, 2018.

Since February 28, 2018, it had 0 insider buys, and 10 insider sales for $2.33 million activity. Another trade for 3,462 shares valued at $169,325 was sold by WRIGHT RICHARD. Shares for $729,140 were sold by Geraghty Paul D. 2,000 shares were sold by Ward Patrick Joseph, worth $102,750. The insider KEARNEY THOMAS W sold $63,677. The insider MAZARAKIS S JAMES sold 1,534 shares worth $79,216.

Among 6 analysts covering WSFS Financial (NASDAQ:WSFS), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. WSFS Financial has $5800 highest and $29 lowest target. $51.67’s average target is -1.02% below currents $52.2 stock price. WSFS Financial had 15 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Buy” rating by Stephens given on Wednesday, April 25. Keefe Bruyette & Woods maintained WSFS Financial Corporation (NASDAQ:WSFS) on Thursday, July 27 with “Hold” rating. The firm earned “Buy” rating on Tuesday, January 23 by Sandler O’Neill. The firm has “Hold” rating given on Tuesday, October 24 by Keefe Bruyette & Woods. Boenning & Scattergood maintained WSFS Financial Corporation (NASDAQ:WSFS) on Wednesday, October 25 with “Buy” rating. The stock of WSFS Financial Corporation (NASDAQ:WSFS) earned “Buy” rating by Boenning & Scattergood on Wednesday, February 28. Boenning & Scattergood maintained WSFS Financial Corporation (NASDAQ:WSFS) on Tuesday, April 24 with “Buy” rating. The firm has “Hold” rating by Keefe Bruyette & Woods given on Tuesday, January 23. On Wednesday, January 24 the stock rating was maintained by Stephens with “Buy”. The company was maintained on Friday, July 28 by Boenning & Scattergood.

More notable recent Yelp Inc. (NYSE:YELP) news were published by: Seekingalpha.com which released: “Yelp: Another Dip Opportunity” on May 14, 2018, also 247Wallst.com with their article: “What to Look For in Yelp Earnings” published on May 10, 2018, Streetinsider.com published: “UPDATE: B.Riley/FBR Upgrades Yelp (YELP) to Buy” on May 18, 2018. More interesting news about Yelp Inc. (NYSE:YELP) were released by: Investorplace.com and their article: “Yelp Inc Stock Will Continue to Drop Thanks to Amazon, Facebook and Google” published on May 15, 2018 as well as Bizjournals.com‘s news article titled: “Yelp: Here are the top 50 places to eat around the Valley in 2018” with publication date: May 17, 2018.

Among 47 analysts covering Yelp (NYSE:YELP), 21 have Buy rating, 5 Sell and 21 Hold. Therefore 45% are positive. Yelp had 159 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, August 4 by Raymond James. Aegis Capital initiated Yelp Inc. (NYSE:YELP) on Tuesday, December 13 with “Buy” rating. The rating was maintained by Axiom Capital on Friday, February 10 with “Buy”. The firm has “Neutral” rating given on Friday, July 8 by Wedbush. The company was maintained on Sunday, October 15 by Robert W. Baird. Wells Fargo maintained Yelp Inc. (NYSE:YELP) on Tuesday, July 25 with “Hold” rating. The firm has “Buy” rating by Credit Suisse given on Wednesday, October 18. Credit Suisse maintained Yelp Inc. (NYSE:YELP) on Wednesday, August 10 with “Outperform” rating. RBC Capital Markets downgraded the stock to “Sector Perform” rating in Wednesday, May 10 report. Stifel Nicolaus maintained Yelp Inc. (NYSE:YELP) rating on Friday, August 4. Stifel Nicolaus has “Hold” rating and $3500 target.

Since December 12, 2017, it had 0 buys, and 30 sales for $11.35 million activity. $254,995 worth of Yelp Inc. (NYSE:YELP) shares were sold by Donaker Geoffrey L. Stoppelman Jeremy also sold $567,186 worth of Yelp Inc. (NYSE:YELP) on Tuesday, January 9. Another trade for 14,500 shares valued at $606,676 was sold by Nachman Joseph R.

WSFS Financial Corporation (NASDAQ:WSFS) Institutional Positions Chart

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