Fintel reports that on September 10, 2025, Cantor Fitzgerald initiated coverage of Webster Financial Corporation - Preferred Stock (NYSE:WBS.PRF) with a Overweight recommendation.

What is the Fund Sentiment?

There are 9 funds or institutions reporting positions in Webster Financial Corporation - Preferred Stock. This is an decrease of 1 owner(s) or 10.00% in the last quarter. Average portfolio weight of all funds dedicated to WBS.PRF is 0.05%, an increase of 4.25%. Total shares owned by institutions decreased in the last three months by 5.11% to 958K shares.

What are Other Shareholders Doing?

PFF - iShares Preferred and Income Securities ETF holds 475K shares. In its prior filing, the firm reported owning 518K shares , representing a decrease of 8.97%. The firm decreased its portfolio allocation in WBS.PRF by 10.02% over the last quarter.

PGX - Invesco Preferred ETF holds 234K shares. In its prior filing, the firm reported owning 245K shares , representing a decrease of 4.85%. The firm decreased its portfolio allocation in WBS.PRF by 6.83% over the last quarter.

PNARX - Spectrum Preferred and Capital Securities Income Fund (f holds 195K shares. No change in the last quarter.

SEATX - STET TAX-ADVANTAGED INCOME FUND - CLASS F, effective 1-31-2017 holds 43K shares. No change in the last quarter.

PFFA - Virtus InfraCap U.S. Preferred Stock ETF holds 7K shares. In its prior filing, the firm reported owning 5K shares , representing an increase of 33.00%. The firm increased its portfolio allocation in WBS.PRF by 40.65% over the last quarter.