Argyle Capital Management Boosted Southern Co (SO) Holding by $390,870; As Washington Tr Bancorp (WASH) Market Value Declined, Shareholder Victory Capital Management Has Cut Its Position by $970,750

Washington Trust Bancorp, Inc. (NASDAQ:WASH) Logo

Victory Capital Management Inc decreased its stake in Washington Tr Bancorp (WASH) by 38.08% based on its latest 2018Q3 regulatory filing with the SEC. Victory Capital Management Inc sold 17,650 shares as the company’s stock declined 17.85% with the market. The institutional investor held 28,700 shares of the finance company at the end of 2018Q3, valued at $1.59M, down from 46,350 at the end of the previous reported quarter. Victory Capital Management Inc who had been investing in Washington Tr Bancorp for a number of months, seems to be less bullish one the $915.62M market cap company. The stock increased 0.25% or $0.13 during the last trading session, reaching $52.92. About 24,621 shares traded. Washington Trust Bancorp, Inc. (NASDAQ:WASH) has declined 10.74% since February 13, 2018 and is downtrending. It has underperformed by 10.74% the S&P500. Some Historical WASH News: 15/03/2018 – WASHINGTON TRUST BOOSTS QTR DIV TO 43C-SHR FROM 39C, EST 39C; 06/03/2018 Washington Trust Completes Executive Leadership Transition; 15/03/2018 – WASHINGTON TRUST BANCORP, BOOSTS QTRLY DIV; 21/04/2018 – DJ Washington Trust Bancorp Inc, Inst Holders, 1Q 2018 (WASH); 15/03/2018 – Washington Trust Bancorp, Inc. Increases Quarterly Dividend; 20/04/2018 – WASHINGTON TRUST 1Q EPS 93C; 20/04/2018 – Washington Trust Bancorp 1Q EPS 93c; 25/04/2018 – Washington Trust Bancorp, Inc. Elects Howes to Board of Directors; 06/03/2018 – WASHINGTON TRUST: EDWARD HANDY ASSUMES ROLE OF CHAIRMAN & CEO; 15/03/2018 – WASHINGTON TRUST BANCORP INC – THE DIVIDEND REPRESENTS A FOUR CENT PER SHARE INCREASE OVER MOST RECENT QUARTERLY DIVIDEND PAID

Argyle Capital Management Inc increased its stake in Southern Co (SO) by 32.62% based on its latest 2018Q3 regulatory filing with the SEC. Argyle Capital Management Inc bought 9,090 shares as the company’s stock rose 6.45% while stock markets declined. The institutional investor held 36,955 shares of the central company at the end of 2018Q3, valued at $1.61M, up from 27,865 at the end of the previous reported quarter. Argyle Capital Management Inc who had been investing in Southern Co for a number of months, seems to be bullish on the $50.59 billion market cap company. The stock decreased 0.41% or $0.2 during the last trading session, reaching $49.17. About 2.67 million shares traded. The Southern Company (NYSE:SO) has declined 8.01% since February 13, 2018 and is downtrending. It has underperformed by 8.01% the S&P500. Some Historical SO News: 17/04/2018 – Southern Co. CFO Art P. Beattie to Retire; 12/04/2018 – Prepare now for increased energy use during the heat of summer; 02/05/2018 – SOUTHERN CO SEES FY 2018 ADJ. EPS $2.80 TO $2.95, EST. $2.89; 09/04/2018 – SOUTHERN’S FANNING CEO SEES COAL USE DIMINISHING OVER TIME; 21/05/2018 – SOUTHERN SAYS UTILITY SALE REDUCES EQUITY RAISE RISK; 21/05/2018 – Georgia Power Company announces pricing of upsized cash tender offers; 02/05/2018 – Southern Co 1Q Adj EPS 88c; 16/04/2018 – SOUTHERN CO SO.N : UBS RAISES TARGET PRICE TO $46 FROM $43; 29/05/2018 – SOUTHERN RAISES HATCH 2 TO 92% POWER FROM 0% FRIDAY: NRC; 02/05/2018 – SOUTHERN CO 1Q ADJ EPS 88C, EST. 83C

Since August 16, 2018, it had 0 insider buys, and 4 insider sales for $7.21 million activity. 15,000 shares were sold by Greene Kimberly S -, worth $705,450 on Monday, December 3. The insider WOMACK CHRISTOPHER C sold 16,371 shares worth $776,025. Another trade for 35,061 shares valued at $1.66 million was sold by Wilson Anthony L. Shares for $4.42 million were sold by BOWERS WILLIAM P.

Investors sentiment decreased to 0.96 in Q3 2018. Its down 0.05, from 1.01 in 2018Q2. It worsened, as 59 investors sold SO shares while 336 reduced holdings. 101 funds opened positions while 279 raised stakes. 556.48 million shares or 1.25% less from 563.55 million shares in 2018Q2 were reported. Synovus Fin Corporation holds 915,519 shares. Qcm Cayman Ltd has invested 1.4% of its portfolio in The Southern Company (NYSE:SO). Envestnet Asset accumulated 20,600 shares or 0% of the stock. Ima Wealth Incorporated holds 0.01% or 431 shares in its portfolio. Reaves W H And invested 1.25% of its portfolio in The Southern Company (NYSE:SO). Roberts Glore & Comm Il has invested 0.17% in The Southern Company (NYSE:SO). Moreover, Arvest Financial Bank Trust Division has 0.04% invested in The Southern Company (NYSE:SO) for 14,409 shares. Pinnacle Associate Ltd holds 0.03% or 37,386 shares. Oakworth Cap Incorporated stated it has 34,371 shares. Beacon Capital Mngmt stated it has 0% of its portfolio in The Southern Company (NYSE:SO). Landscape Capital Mgmt Ltd Liability Corporation reported 0.03% in The Southern Company (NYSE:SO). Mechanics State Bank Trust Department accumulated 41,522 shares. 10,110 were reported by Bremer Trust Natl Association. Perkins Coie Co invested in 0.03% or 1,420 shares. Cadence Comml Bank Na stated it has 5,905 shares or 0.1% of all its holdings.

Among 20 analysts covering The Southern Company (NYSE:SO), 3 have Buy rating, 4 Sell and 13 Hold. Therefore 15% are positive. The Southern Company had 93 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Wednesday, October 18 by KeyBanc Capital Markets. The company was maintained on Tuesday, January 2 by Guggenheim. The stock has “Hold” rating by SunTrust on Friday, February 23. The firm has “Buy” rating by Jefferies given on Tuesday, June 6. On Friday, May 13 the stock rating was initiated by Howard Weil with “Sector Perform”. The firm earned “Hold” rating on Monday, January 22 by SunTrust. The stock of The Southern Company (NYSE:SO) has “Buy” rating given on Monday, October 30 by RBC Capital Markets. The stock of The Southern Company (NYSE:SO) earned “Hold” rating by SunTrust on Wednesday, December 6. The rating was maintained by Credit Suisse with “Underperform” on Thursday, December 6. The firm has “Underperform” rating by Bank of America given on Wednesday, August 22.

More recent The Southern Company (NYSE:SO) news were published by: Investorplace.com which released: “Investors Should Sell Adobe Stock – Investorplace.com” on February 13, 2019. Also Seekingalpha.com published the news titled: “Fitbit: Taking The Leap Of Faith – Seeking Alpha” on February 13, 2019. Fool.com‘s news article titled: “Why Are So Many Marijuana Stocks Making This Key Move? – Motley Fool” with publication date: January 16, 2019 was also an interesting one.

Since August 17, 2018, it had 0 buys, and 3 sales for $200,732 activity. HOXSIE KATHERINE W sold $88,527 worth of Washington Trust Bancorp, Inc. (NASDAQ:WASH) on Monday, September 10. RANDALL H DOUGLAS III sold $51,930 worth of stock. The insider Hagerty James M sold 1,000 shares worth $60,275.

Investors sentiment increased to 1.14 in Q3 2018. Its up 0.21, from 0.93 in 2018Q2. It improved, as 8 investors sold WASH shares while 36 reduced holdings. 14 funds opened positions while 36 raised stakes. 9.94 million shares or 1.08% more from 9.83 million shares in 2018Q2 were reported. Geode Capital Mgmt Ltd has invested 0% in Washington Trust Bancorp, Inc. (NASDAQ:WASH). Teton Advsr Inc invested in 60,020 shares or 0.29% of the stock. First Tru Advisors LP holds 0% of its portfolio in Washington Trust Bancorp, Inc. (NASDAQ:WASH) for 24,995 shares. Columbia Asset Management holds 7,695 shares. Voya Invest Mngmt Limited Liability Co holds 0% in Washington Trust Bancorp, Inc. (NASDAQ:WASH) or 7,936 shares. Affinity Investment Advisors Ltd Co invested in 0.06% or 8,265 shares. Citigroup Incorporated reported 0% in Washington Trust Bancorp, Inc. (NASDAQ:WASH). Systematic Financial Limited Partnership owns 182,827 shares or 0.24% of their US portfolio. Los Angeles Cap Mngmt & Equity Rech Inc owns 15,539 shares or 0% of their US portfolio. California-based California Public Employees Retirement System has invested 0% in Washington Trust Bancorp, Inc. (NASDAQ:WASH). Foundry Partners Limited Com owns 76,615 shares for 0.16% of their portfolio. Raymond James Fin Services Advsrs holds 0% or 4,960 shares in its portfolio. 19 were accumulated by Ubs Asset Management Americas. Aperio Grp Ltd Llc holds 0% or 4,729 shares in its portfolio. Essex Financial Services has 13,071 shares for 0.16% of their portfolio.

Among 4 analysts covering Washington Trust Bancorp (NASDAQ:WASH), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. Washington Trust Bancorp had 17 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Compass Point on Friday, November 18. As per Tuesday, September 20, the company rating was downgraded by Compass Point. As per Monday, December 18, the company rating was upgraded by Compass Point. The firm has “Buy” rating given on Wednesday, January 27 by Compass Point. On Friday, May 26 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The firm has “Market Perform” rating by Keefe Bruyette & Woods given on Monday, October 3. The stock has “Buy” rating by Compass Point on Thursday, January 26. Compass Point downgraded the stock to “Hold” rating in Tuesday, October 24 report. Keefe Bruyette & Woods maintained the shares of WASH in report on Tuesday, September 26 with “Hold” rating. The firm has “Hold” rating given on Thursday, December 21 by Keefe Bruyette & Woods.

More notable recent Washington Trust Bancorp, Inc. (NASDAQ:WASH) news were published by: Nasdaq.com which released: “Medical University of South Carolina Performs World’s First Prostate Cancer Surgery Using Blu Build Brachytherapy System – Nasdaq” on January 29, 2019, also Nasdaq.com with their article: “Permian & Granite Wash Witness Fall in Oil Drilling Rig Count – Nasdaq” published on February 04, 2019, Nasdaq.com published: “Funko Wins 2018 Toy Line of the Year – Nasdaq” on January 24, 2019. More interesting news about Washington Trust Bancorp, Inc. (NASDAQ:WASH) were released by: Globenewswire.com and their article: “The Battery Race in the US and How Lithium Plays a Leading Role – GlobeNewswire” published on February 06, 2019 as well as Nasdaq.com‘s news article titled: “Euro Manganese Announces PEA Results for Chvaletice Manganese Project with an after-tax Net Present Value of US$593 Million – Nasdaq” with publication date: January 30, 2019.

Washington Trust Bancorp, Inc. (NASDAQ:WASH) Institutional Positions Chart