Waterstone Financial, Inc. (NASDAQ:WSBF) Director Ellen Syburg Bartel Sells 2,129 Shares

Waterstone Financial, Inc. (NASDAQ:WSBF) Director Ellen Syburg Bartel sold 2,129 shares of the company’s stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $15.01, for a total transaction of $31,956.29. Following the completion of the sale, the director now directly owns 15,000 shares of the company’s stock, valued at approximately $225,150. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

• 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 Performance

Shares of Waterstone Financial stock opened at $14.76 on Thursday. The stock’s fifty day simple moving average is $14.15 and its 200 day simple moving average is $12.74. The company has a current ratio of 1.57, a quick ratio of 1.39 and a debt-to-equity ratio of 1.97. The company has a market capitalization of $289.95 million, a PE ratio of 28.38 and a beta of 0.64. Waterstone Financial, Inc. has a 12 month low of $9.62 and a 12 month high of $15.66.

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

Waterstone Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 1st. Investors of record on Monday, July 8th were issued a dividend of $0.15 per share. The ex-dividend date was Monday, July 8th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.07%. Waterstone Financial’s payout ratio is presently 115.38%.

Hedge Funds Weigh In On Waterstone Financial

A number of large investors have recently modified their holdings of WSBF. ProShare Advisors LLC bought a new stake in Waterstone Financial during the second quarter worth about $30,000. CWM LLC lifted its stake 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 buying an additional 2,328 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of Waterstone Financial by 1,979.4% during 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 buying an additional 3,167 shares during the period. BNP Paribas Financial Markets boosted its holdings in shares of Waterstone Financial by 62.9% during the 1st quarter. BNP Paribas Financial Markets now owns 8,398 shares of the savings and loans company’s stock worth $102,000 after buying an additional 3,243 shares during the period. Finally, Arnhold LLC acquired a new position in Waterstone Financial in the 1st quarter valued at about $122,000. 62.71% of the stock is currently owned by institutional investors and hedge funds.

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.