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 company’s stock in a transaction dated Tuesday, February 11th. The shares were 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 owns 70,078 shares in the company, valued at approximately $966,375.62. This trade represents a 8.14 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Waterstone Financial Stock Up 2.2 %

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

Waterstone Financial (NASDAQ:WSBF) last released its quarterly earnings results on Tuesday, January 28th. The savings and loans company reported $0.28 EPS 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 firm also recently declared a quarterly dividend, which was paid on Monday, February 3rd. Stockholders of record on Wednesday, January 8th were given a $0.15 dividend. The ex-dividend date of this dividend was Wednesday, January 8th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.08%. Waterstone Financial’s payout ratio is 59.41%.

Institutional Investors Weigh In On Waterstone Financial

Several institutional investors have recently made changes to their positions in WSBF. Wells Fargo & Company MN lifted its position in Waterstone Financial by 27.8% during the fourth quarter. Wells Fargo & Company MN now owns 9,441 shares of the savings and loans company’s stock worth $127,000 after purchasing an additional 2,055 shares during the period. Barclays PLC lifted its holdings in shares of Waterstone Financial by 16.1% during the 4th quarter. Barclays PLC now owns 24,187 shares of the savings and loans company’s stock worth $325,000 after acquiring an additional 3,363 shares during the period. Empowered Funds LLC boosted its position in shares of Waterstone Financial by 5.0% during the 4th quarter. Empowered Funds LLC now owns 77,773 shares of the savings and loans company’s stock worth $1,045,000 after acquiring an additional 3,705 shares in the last quarter. State Street Corp increased its stake in Waterstone Financial by 0.8% in the third quarter. State Street Corp now owns 462,234 shares of the savings and loans company’s stock valued at $6,795,000 after acquiring an additional 3,799 shares during the last quarter. Finally, Northern Trust Corp raised its position in Waterstone Financial by 3.2% during the fourth quarter. Northern Trust Corp now owns 163,551 shares of the savings and loans company’s stock valued at $2,198,000 after purchasing an additional 5,029 shares in the last quarter. 62.71% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com raised 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.