Ellen Syburg Bartel Sells 15,030 Shares of Waterstone Financial, Inc. (NASDAQ:WSBF) Stock

Waterstone Financial, Inc. (NASDAQ:WSBF) Director Ellen Syburg Bartel sold 15,030 shares of the firm’s stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $15.00, for a total transaction of $225,450.00. Following the completion of the transaction, the director now owns 15,000 shares in the company, valued at approximately $225,000. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Ellen Syburg Bartel also recently made the following trade(s):

• On Tuesday, September 3rd, Ellen Syburg Bartel sold 2,129 shares of Waterstone Financial stock. The shares were sold at an average price of $15.01, for a total transaction of $31,956.29.
• On Friday, August 30th, Ellen Syburg Bartel sold 3,565 shares of Waterstone Financial stock. The shares were sold at an average price of $15.00, for a total transaction of $53,475.00.

Waterstone Financial Stock Down 0.9 %

NASDAQ WSBF opened at $14.75 on Friday. Waterstone Financial, Inc. has a 1 year low of $9.62 and a 1 year high of $15.66. The stock has a market capitalization of $289.75 million, a PE ratio of 28.37 and a beta of 0.64. The company has a debt-to-equity ratio of 1.97, a current ratio of 1.57 and a quick ratio of 1.39. The business’s 50-day moving average is $14.23 and its 200 day moving average is $12.76.

Waterstone Financial (NASDAQ:WSBF) last issued its quarterly earnings data on Thursday, July 25th. The savings and loans company reported $0.31 earnings per share for the quarter. Waterstone Financial had a return on equity of 3.73% and a net margin of 6.14%. The firm had revenue of $37.18 million for the quarter.

Waterstone Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 1st. Shareholders of record on Monday, July 8th were issued a $0.15 dividend. The ex-dividend date of this dividend was Monday, July 8th. This represents a $0.60 annualized dividend and a yield of 4.07%. Waterstone Financial’s dividend payout ratio (DPR) is presently 115.38%.

Institutional Investors Weigh In On Waterstone Financial

A number of large investors have recently modified their holdings of the stock. ProShare Advisors LLC bought a new position in Waterstone Financial in the second quarter worth about $30,000. CWM LLC grew its holdings in shares of Waterstone Financial by 555.6% during the 4th quarter. CWM LLC now owns 2,747 shares of the savings and loans company’s stock worth $39,000 after acquiring an additional 2,328 shares during the period. PNC Financial Services Group Inc. raised its position in shares of Waterstone Financial by 1,979.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,327 shares of the savings and loans company’s stock worth $47,000 after acquiring an additional 3,167 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in shares of Waterstone Financial by 62.9% in the 1st quarter. BNP Paribas Financial Markets now owns 8,398 shares of the savings and loans company’s stock valued at $102,000 after purchasing an additional 3,243 shares during the period. Finally, Arnhold LLC bought a new stake in shares of Waterstone Financial during the first quarter valued at approximately $122,000. Institutional investors 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.