Insider Selling: 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 company’s stock in a transaction that occurred on Friday, January 31st. The shares were sold at an average price of $13.80, for a total transaction of $206,006.40. Following the completion of the transaction, the director now owns 70,078 shares in the company, valued at approximately $967,076.40. This represents a 17.56 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Waterstone Financial Stock Down 0.2 %

WSBF opened at $13.75 on Thursday. The company has a market capitalization of $266.38 million, a PE ratio of 13.61 and a beta of 0.64. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.48 and a quick ratio of 1.36. Waterstone Financial, Inc. has a fifty-two week low of $10.60 and a fifty-two week high of $16.86. The business has a 50-day moving average of $13.75 and a 200-day moving average of $14.44.

Waterstone Financial (NASDAQ:WSBF) last issued its quarterly earnings data on Tuesday, January 28th. The savings and loans company reported $0.28 earnings per share 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 disclosed a quarterly dividend, which was paid on Monday, February 3rd. Investors of record on Wednesday, January 8th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 4.36%. The ex-dividend date was Wednesday, January 8th. Waterstone Financial’s payout ratio is presently 59.41%.

Hedge Funds Weigh In On Waterstone Financial

Hedge funds have recently bought and sold shares of the business. State Street Corp lifted its position in shares of Waterstone Financial by 0.8% in the third quarter. State Street Corp now owns 462,234 shares of the savings and loans company’s stock worth $6,795,000 after buying an additional 3,799 shares during the last quarter. Foundry Partners LLC raised its stake in shares of Waterstone Financial by 19.4% in the 3rd quarter. Foundry Partners LLC now owns 205,165 shares of the savings and loans company’s stock valued at $3,016,000 after acquiring an additional 33,305 shares in the last quarter. John G Ullman & Associates Inc. lifted its holdings in Waterstone Financial by 19.3% in the 4th quarter. John G Ullman & Associates Inc. now owns 108,342 shares of the savings and loans company’s stock worth $1,456,000 after purchasing an additional 17,516 shares during the last quarter. Empowered Funds LLC boosted its position in Waterstone Financial by 5.0% during the fourth quarter. Empowered Funds LLC now owns 77,773 shares of the savings and loans company’s stock worth $1,045,000 after purchasing an additional 3,705 shares during the period. Finally, FMR LLC grew its holdings in Waterstone Financial by 26.6% during the third quarter. FMR LLC now owns 71,039 shares of the savings and loans company’s stock valued at $1,044,000 after purchasing an additional 14,919 shares during the last quarter. 62.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Waterstone Financial from a “hold” rating to a “buy” rating in a research note on Tuesday.

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.