Insider Selling: Waterstone Financial, Inc. (NASDAQ:WSBF) Director Sells 4,166 Shares of Stock

Waterstone Financial, Inc. (NASDAQ:WSBF) Director Ellen Syburg Bartel sold 4,166 shares of the stock in a transaction on Friday, September 13th. The shares were sold at an average price of $14.89, for a total value of $62,031.74. Following the completion of the sale, the director now owns 15,000 shares in the company, valued at approximately $223,350. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

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

• On Thursday, September 5th, Ellen Syburg Bartel sold 15,030 shares of Waterstone Financial stock. The shares were sold at an average price of $15.00, for a total transaction of $225,450.00.
• On Tuesday, September 3rd, Ellen Syburg Bartel sold 2,129 shares of Waterstone Financial stock. The stock was 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 Performance

WSBF stock traded up $0.35 during mid-day trading on Monday, hitting $15.47. 11,703 shares of the company were exchanged, compared to its average volume of 46,438. 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 $303.89 million, a PE ratio of 28.81 and a beta of 0.64. The business has a 50 day simple moving average of $14.40 and a 200-day simple moving average of $12.84. The company has a current ratio of 1.57, a quick ratio of 1.39 and a debt-to-equity ratio of 1.97.

Waterstone Financial (NASDAQ:WSBF) last posted its earnings results 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 company had revenue of $37.18 million during the quarter.

Waterstone Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, August 1st. Investors of record on Monday, July 8th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 3.88%. The ex-dividend date of this dividend was Monday, July 8th. Waterstone Financial’s dividend payout ratio (DPR) is currently 115.38%.

Institutional Trading of Waterstone Financial

Several large investors have recently modified their holdings of WSBF. ProShare Advisors LLC acquired a new position in shares of Waterstone Financial in the 2nd quarter valued at approximately $30,000. CWM LLC increased its stake in Waterstone Financial by 63.3% in the second quarter. CWM LLC now owns 3,588 shares of the savings and loans company’s stock valued at $46,000 after acquiring an additional 1,391 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in Waterstone Financial by 1,979.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 3,327 shares of the savings and loans company’s stock valued at $47,000 after acquiring an additional 3,167 shares during the last quarter. BNP Paribas Financial Markets raised its position in Waterstone Financial by 62.9% during the first 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 in the last quarter. Finally, Arnhold LLC bought a new stake in Waterstone Financial during the first quarter worth $122,000. 62.71% of the stock is owned by institutional investors and hedge funds.

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.