Waterstone Financial, Inc. (NASDAQ:WSBF) Director Sells $206,006.40 in Stock

Waterstone Financial, Inc. (NASDAQ:WSBF) Director Stephen J. Schmidt sold 14,928 shares of the stock in a transaction that occurred on Friday, January 31st. The shares were sold at an average price of $13.80, for a total value of $206,006.40. Following the completion of the sale, the director now directly owns 70,078 shares of the company’s stock, valued at approximately $967,076.40. This represents a 17.56 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Waterstone Financial Trading Down 1.9 %

Shares of NASDAQ WSBF traded down $0.26 during trading on Monday, hitting $13.48. 60,882 shares of the company were exchanged, compared to its average volume of 57,071. The company has a fifty day moving average price of $13.85 and a 200-day moving average price of $14.46. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.36 and a current ratio of 1.48. The firm has a market capitalization of $261.11 million, a PE ratio of 13.35 and a beta of 0.64. Waterstone Financial, Inc. has a 12-month low of $10.60 and a 12-month high of $16.86.

Waterstone Financial (NASDAQ:WSBF) last issued its earnings results on Tuesday, January 28th. The savings and loans company reported $0.28 EPS for the quarter. Waterstone Financial had a net margin of 9.23% and a return on equity of 5.75%.

Waterstone Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Wednesday, January 8th will be given a $0.15 dividend. The ex-dividend date is Wednesday, January 8th. This represents a $0.60 dividend on an annualized basis and a yield of 4.45%. Waterstone Financial’s dividend payout ratio is currently 59.41%.

Hedge Funds Weigh In On Waterstone Financial

Several large investors have recently modified their holdings of the business. ProShare Advisors LLC acquired a new stake in shares of Waterstone Financial in the second quarter valued at $30,000. GSA Capital Partners LLP acquired a new stake in shares of Waterstone Financial during the third quarter worth about $291,000. Barclays PLC boosted its stake in shares of Waterstone Financial by 242.1% in the third quarter. Barclays PLC now owns 20,824 shares of the savings and loans company’s stock valued at $306,000 after purchasing an additional 14,737 shares during the period. Jane Street Group LLC increased its stake in Waterstone Financial by 33.6% during the 3rd quarter. Jane Street Group LLC now owns 29,082 shares of the savings and loans company’s stock worth $428,000 after buying an additional 7,310 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its holdings in Waterstone Financial by 79.9% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 31,108 shares of the savings and loans company’s stock worth $457,000 after buying an additional 13,819 shares in the last quarter. Institutional investors and hedge funds own 62.71% of the company’s stock.

About Waterstone Financial

Waterstone Financial, Inc operates as a bank holding company for WaterStone Bank SSB that provides various financial services to customers in southeastern Wisconsin, the United States. It operates in two segments, Community Banking and Mortgage Banking. The Community Banking segment offers consumer and business banking products and services, such as deposit and transactional solutions, including checking accounts, online banking and bill pay services, money transfer services, as well as credit, debit, and pre-paid cards; investable funds solutions comprising savings, money market deposits, individual retirement accounts, and certificates of deposit; residential mortgages, home equity loans and lines of credit, personal and installment loans, real estate financing, business loans, and business lines of credit; and fixed and variable annuities, insurance products, and trust and investment management accounts.