Stephen J. Schmidt Sells 14,928 Shares of Waterstone Financial, Inc. (NASDAQ:WSBF) Stock

Waterstone Financial, Inc. (NASDAQ:WSBF) Director Stephen J. Schmidt sold 14,928 shares of the company’s stock in a transaction on Friday, January 31st. The stock was sold at an average price of $13.80, for a total value of $206,006.40. Following the transaction, the director now owns 70,078 shares in the company, valued at $967,076.40. This trade represents a 17.56 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Waterstone Financial Stock Up 2.2 %

Waterstone Financial stock opened at $13.78 on Wednesday. Waterstone Financial, Inc. has a twelve month low of $10.60 and a twelve month high of $16.86. The stock’s fifty day simple moving average is $13.78 and its 200-day simple moving average is $14.44. 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 firm has a market capitalization of $266.92 million, a P/E ratio of 13.64 and a beta of 0.64.

Waterstone Financial (NASDAQ:WSBF) last posted 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 return on equity of 5.75% and a net margin of 9.23%.

Waterstone Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, February 3rd. Investors of record on Wednesday, January 8th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 4.35%. The ex-dividend date was Wednesday, January 8th. Waterstone Financial’s dividend payout ratio (DPR) is presently 59.41%.

Analyst Upgrades and Downgrades

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

Hedge Funds Weigh In On Waterstone Financial

Several large investors have recently bought and sold shares of the business. ProShare Advisors LLC purchased a new position in Waterstone Financial in the second quarter valued at $30,000. Empowered Funds LLC increased its holdings in Waterstone Financial by 5.0% in the fourth quarter. Empowered Funds LLC now owns 77,773 shares of the savings and loans company’s stock valued at $1,045,000 after buying an additional 3,705 shares during the last quarter. State Street Corp increased its holdings 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 buying an additional 3,799 shares during the last quarter. Jane Street Group LLC increased its holdings 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 valued at $428,000 after buying an additional 7,310 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. increased its holdings in Waterstone Financial by 79.9% in the third 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 buying an additional 13,819 shares during the last quarter. Hedge funds and other institutional investors own 62.71% of the company’s stock.

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.