Russell Investments Group Ltd. Boosts Stock Position in WesBanco, Inc. $WSBC
Russell Investments Group Ltd. increased its stake in WesBanco, Inc. by 60.5% in Q2, owning 235,678 shares valued at $7.45 million. Other institutional investors, including Swiss National Bank and Vanguard Group, also raised their holdings. WesBanco's stock opened at $33.56, with a market cap of $3.22 billion. The company reported Q3 earnings of $0.94 per share, surpassing estimates. WesBanco increased its quarterly dividend to $0.38 per share, yielding 4.5% annually. Recent insider purchases include CFO K Weiss Daniel and Director Joseph R. Robinson acquiring shares.
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