<div id="readability-page-1"><p>Shares of WSFS Financial Corporation (NASDAQ:WSFS - Get Free Report) have been assigned a consensus recommendation of &#34;Hold&#34; from the five brokerages that are  covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and two have issued  a buy recommendation on  the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $62.75.</p><div><p><span></span><span>Get <strong>WSFS Financial</strong> alerts:</span></p></div><p>Several analysts recently issued reports on the stock. Stephens  reaffirmed an &#34;overweight&#34; rating and set a $64.00 price objective on shares of WSFS Financial in a report on Monday, April 28th. Wall Street Zen lowered WSFS Financial from a &#34;hold&#34; rating to a &#34;sell&#34; rating in a research note on Friday, May 30th. Finally, Keefe, Bruyette &amp; Woods cut their price objective on WSFS Financial from $66.00 to $64.00 and set a &#34;market perform&#34; rating for the company in a research report on Monday, April 28th.</p><p><b>Read Our Latest Stock Report on WSFS</b></p><h2>WSFS Financial Stock Up 1.9%</h2><p>WSFS stock opened at $54.37 on Wednesday. The firm has a market cap of $3.09 billion, a PE ratio of 12.22 and a beta of 0.87. WSFS Financial has a 1 year low of $42.44 and a 1 year high of $62.75. The company has a fifty day simple moving average of $52.51 and a 200 day simple moving average of $53.03. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.12. </p><p>WSFS Financial (NASDAQ:WSFS - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The bank reported $1.13 earnings per share for the quarter, topping analysts' consensus estimates of $1.04 by $0.09. WSFS Financial had a return on equity of 10.06% and a net margin of 18.86%. The company had revenue of $256.11 million during the quarter, compared to analysts' expectations of $235.44 million. During the same quarter in the previous year, the firm earned $1.11 earnings per share. The business's quarterly revenue was up 1.7% compared to the same quarter last year.  Sell-side analysts anticipate that  WSFS Financial will post 4.47 EPS for the current fiscal year. </p><h2>WSFS Financial Increases Dividend</h2><p>The company also recently announced a quarterly dividend, which was paid on Friday, May 23rd. Investors of record on Friday, May 9th were paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.25%. This is a positive change from WSFS Financial's previous quarterly dividend of $0.15. The ex-dividend date  was Friday, May 9th. WSFS Financial's dividend payout ratio  is presently 15.28%. </p><h2>Institutional Inflows and Outflows</h2><p>Several hedge funds have recently added to or reduced their stakes in WSFS. JPMorgan Chase &amp; Co. lifted its holdings in shares of  WSFS Financial by 309.9% during the fourth quarter. JPMorgan Chase &amp; Co. now owns 1,687,824 shares of the bank's stock valued at $89,674,000 after acquiring an additional 1,276,078 shares during the period.  Norges Bank bought a new position in  WSFS Financial during the 4th quarter valued at about $32,775,000.  Boston Partners acquired a new position in  WSFS Financial in the first quarter valued at about $17,668,000.  Raymond James Financial Inc. bought a new stake in  WSFS Financial during the fourth quarter worth about $18,167,000.  Finally, Nuveen LLC bought a new stake in  WSFS Financial during the first quarter worth about $12,090,000. Institutional investors and hedge funds own  88.49% of the company's stock. </p><h2>About WSFS Financial</h2> (Get Free Report<p>WSFS Financial Corporation operates as the savings and loan holding company for the Wilmington Savings Fund Society, FSB that provides various banking services in the United States. It operates through three segments: WSFS Bank, Cash Connect, and Wealth Management. It offers various deposit products, including savings accounts, demand deposits, interest-bearing demand deposits, money market deposit accounts, and certificates of deposit, as well as accepts jumbo certificates of deposit from individuals, businesses, and municipalities.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than WSFS Financial</li><li>Growth Stocks: What They Are, What They Are Not</li><li>3 Hot Trades for Insiders, But Are They Good Buys for Investors?</li><li>What is a Dividend King? </li><li>Why Qualcomm’s Latest Price Target Can't Be Ignored</li><li>The 3 Best Fintech Stocks to Buy Now</li><li>Analyst Sees Meta Hitting $800: What May Lead Shares to New Highs</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9V1NGUw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9V1NGUw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in WSFS Financial Right Now?</h2><p>Before you consider WSFS Financial, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and WSFS Financial wasn't on the list.</p><p>While WSFS Financial currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

WSFS

<p>WSFS Financial Corporation (NASDAQ:WSFS) has received a consensus recommendation of "Hold" from five brokerages. Three analysts rated the stock as a hold, while two issued buy recommendations. The average 12-month target price is $62.75. The company recently reported earnings of $1.13 per share, exceeding estimates, and announced a quarterly dividend increase to $0.17. Institutional investors own 88.49% of the stock, with significant recent investments from JPMorgan Chase and others.</p>

WSFS Financial Corporation (NASDAQ:WSFS) Receives Consensus Recommendation of "Hold" from Brokerages