Waterstone Financial, Inc. (NASDAQ:WSBF) Director Sells $85,649.69 in Stock

Waterstone Financial, Inc. (NASDAQ:WSBF) Director Stephen J. Schmidt sold 6,211 shares of the stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $13.79, for a total transaction of $85,649.69. Following the completion of the sale, the director now owns 70,078 shares of the company’s stock, valued at approximately $966,375.62. The trade was a 8.14 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Waterstone Financial Trading Down 2.5 %

Shares of WSBF stock traded down $0.36 during trading on Wednesday, hitting $13.85. 10,480 shares of the stock traded hands, compared to its average volume of 54,132. The firm’s fifty day moving average price is $13.65 and its 200-day moving average price is $14.40. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.48 and a quick ratio of 1.36. The firm has a market capitalization of $268.27 million, a P/E ratio of 13.71 and a beta of 0.64. Waterstone Financial, Inc. has a 52-week low of $10.60 and a 52-week high of $16.86.

Waterstone Financial (NASDAQ:WSBF) last issued its quarterly earnings results on Tuesday, January 28th. The savings and loans company reported $0.28 earnings per share (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 company also recently announced a quarterly dividend, which was paid on Monday, February 3rd. Investors of record on Wednesday, January 8th were paid a dividend of $0.15 per share. The ex-dividend date was Wednesday, January 8th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.33%. Waterstone Financial’s payout ratio is 59.41%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in WSBF. GSA Capital Partners LLP acquired a new position in Waterstone Financial in the third quarter valued at approximately $291,000. Barclays PLC boosted its stake in shares of Waterstone Financial by 242.1% during the third quarter. Barclays PLC now owns 20,824 shares of the savings and loans company’s stock worth $306,000 after buying an additional 14,737 shares during the period. Commonwealth Equity Services LLC grew its holdings in shares of Waterstone Financial by 27.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 24,213 shares of the savings and loans company’s stock worth $325,000 after buying an additional 5,226 shares during the last quarter. Proficio Capital Partners LLC acquired a new position in Waterstone Financial in the 4th quarter valued at about $365,000. Finally, Jane Street Group LLC raised 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 valued at $428,000 after acquiring an additional 7,310 shares during the last quarter. Institutional investors and hedge funds own 62.71% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Waterstone Financial from a “hold” rating to a “buy” rating in a report on Tuesday, February 4th.

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.