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 stock was sold at an average price of $13.79, for a total transaction of $85,649.69. Following the completion of the transaction, the director now directly owns 70,078 shares of the company’s stock, valued at $966,375.62. This trade represents a 8.14 % 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 Up 2.2 %

NASDAQ WSBF opened at $14.70 on Friday. The company has a market cap of $284.78 million, a price-to-earnings ratio of 14.55 and a beta of 0.64. Waterstone Financial, Inc. has a twelve month low of $10.60 and a twelve month high of $16.86. The company has a quick ratio of 1.36, a current ratio of 1.48 and a debt-to-equity ratio of 1.64. The business’s fifty day moving average is $13.62 and its 200 day moving average is $14.40.

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

Waterstone Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, February 3rd. Shareholders of record on Wednesday, January 8th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 4.08%. The ex-dividend date of this dividend was Wednesday, January 8th. Waterstone Financial’s dividend payout ratio (DPR) is currently 59.41%.

Hedge Funds Weigh In On Waterstone Financial

Several large investors have recently modified their holdings of WSBF. Wells Fargo & Company MN increased its holdings in Waterstone Financial by 27.8% in the fourth quarter. Wells Fargo & Company MN now owns 9,441 shares of the savings and loans company’s stock valued at $127,000 after purchasing an additional 2,055 shares during the period. GSA Capital Partners LLP bought a new stake in shares of Waterstone Financial in the 3rd quarter valued at about $291,000. Barclays PLC increased 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 buying an additional 14,737 shares during the period. Commonwealth Equity Services LLC raised its position 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 acquiring an additional 5,226 shares during the last quarter. Finally, Proficio Capital Partners LLC acquired a new position in shares of Waterstone Financial in the fourth quarter worth approximately $365,000. Institutional investors own 62.71% of the company’s stock.

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, February 4th.

Waterstone Financial Company Profile

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.