Stephen J. Schmidt Sells 2,195 Shares of Waterstone Financial, Inc. (NASDAQ:WSBF) Stock

Waterstone Financial, Inc. (NASDAQ:WSBF) Director Stephen J. Schmidt sold 2,195 shares of the company’s stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $13.76, for a total transaction of $30,203.20. Following the completion of the transaction, the director now owns 70,078 shares of the company’s stock, valued at approximately $964,273.28. This trade represents a 3.04 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Waterstone Financial Trading Down 1.1 %

NASDAQ:WSBF opened at $13.59 on Friday. Waterstone Financial, Inc. has a 1 year low of $10.60 and a 1 year high of $16.86. The business has a fifty day moving average of $13.72 and a 200-day moving average of $14.43. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.36 and a current ratio of 1.48. The stock has a market cap of $263.24 million, a price-to-earnings ratio of 13.46 and a beta of 0.64.

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

Waterstone Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, February 3rd. Investors of record on Wednesday, January 8th were issued a dividend of $0.15 per share. The ex-dividend date was Wednesday, January 8th. This represents a $0.60 annualized dividend and a yield of 4.42%. Waterstone Financial’s payout ratio is 59.41%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Waterstone Financial from a “hold” rating to a “buy” rating in a report on Tuesday.

Institutional Investors Weigh In On Waterstone Financial

A number of institutional investors have recently added to or reduced their stakes in the company. Empowered Funds LLC raised its stake in shares of Waterstone Financial by 5.0% in the 4th quarter. Empowered Funds LLC now owns 77,773 shares of the savings and loans company’s stock worth $1,045,000 after buying an additional 3,705 shares in the last quarter. State Street Corp grew its holdings in 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 acquiring an additional 3,799 shares during the period. Jane Street Group LLC raised its position in Waterstone Financial by 33.6% in the third quarter. Jane Street Group LLC now owns 29,082 shares of the savings and loans company’s stock worth $428,000 after acquiring an additional 7,310 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in Waterstone Financial by 79.9% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 31,108 shares of the savings and loans company’s stock valued at $457,000 after acquiring an additional 13,819 shares during the last quarter. Finally, Barclays PLC boosted its position in shares of Waterstone Financial by 242.1% during the 3rd quarter. Barclays PLC now owns 20,824 shares of the savings and loans company’s stock valued at $306,000 after purchasing an additional 14,737 shares in the last quarter. 62.71% of the stock is currently 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.