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 Waterstone Financial stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $13.79, for a total value of $85,649.69. Following the transaction, the director now directly owns 70,078 shares of the company’s stock, valued at approximately $966,375.62. This represents a 8.14 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Waterstone Financial Stock Performance

NASDAQ:WSBF opened at $14.10 on Thursday. The company has a current ratio of 1.48, a quick ratio of 1.36 and a debt-to-equity ratio of 1.64. The company has a market capitalization of $273.12 million, a P/E ratio of 13.96 and a beta of 0.64. The firm has a 50-day moving average price of $13.63 and a two-hundred day moving average price of $14.40. Waterstone Financial, Inc. has a twelve month low of $10.60 and a twelve month high of $16.86.

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 business also recently declared a quarterly dividend, which was paid on Monday, February 3rd. Stockholders of record on Wednesday, January 8th were issued a $0.15 dividend. The ex-dividend date was Wednesday, January 8th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.26%. Waterstone Financial’s dividend payout ratio (DPR) is 59.41%.

Institutional Trading of Waterstone Financial

Several institutional investors and hedge funds have recently made changes to their positions in WSBF. Barclays PLC increased its position in Waterstone Financial by 242.1% during the 3rd quarter. Barclays PLC now owns 20,824 shares of the savings and loans company’s stock worth $306,000 after purchasing an additional 14,737 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Waterstone Financial by 73.0% during the third quarter. JPMorgan Chase & Co. now owns 51,913 shares of the savings and loans company’s stock worth $763,000 after buying an additional 21,902 shares in the last quarter. State Street Corp grew its holdings in shares of Waterstone Financial by 0.8% during 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 in the last quarter. John G Ullman & Associates Inc. raised its position in shares of Waterstone Financial by 165.0% in the third quarter. John G Ullman & Associates Inc. now owns 90,826 shares of the savings and loans company’s stock valued at $1,335,000 after buying an additional 56,554 shares during the last quarter. Finally, Jane Street Group LLC lifted its stake in shares of Waterstone Financial by 33.6% during the third quarter. Jane Street Group LLC now owns 29,082 shares of the savings and loans company’s stock valued at $428,000 after buying an additional 7,310 shares during the period. 62.71% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Waterstone Financial from a “hold” rating to a “buy” rating in a research report 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.