Asset Planning Services Ltd. bought a new stake in Waterstone Financial, Inc. (NASDAQ:WSBF) during the second quarter, HoldingsChannel.com reports. The institutional investor bought 3,608 shares of the savings and loans company’s stock, valued at approximately $62,000.
Other hedge funds have also recently bought and sold shares of the company. Context BH Capital Management LP raised its stake in Waterstone Financial by 0.4% in the first quarter. Context BH Capital Management LP now owns 330,675 shares of the savings and loans company’s stock valued at $5,443,000 after buying an additional 1,200 shares in the last quarter. Acadian Asset Management LLC increased its position in shares of Waterstone Financial by 10.6% during the first quarter. Acadian Asset Management LLC now owns 829,179 shares of the savings and loans company’s stock worth $13,646,000 after purchasing an additional 79,774 shares in the last quarter. Martingale Asset Management L P increased its position in shares of Waterstone Financial by 31.7% during the first quarter. Martingale Asset Management L P now owns 156,612 shares of the savings and loans company’s stock worth $2,579,000 after purchasing an additional 37,701 shares in the last quarter. Keeley Teton Advisors LLC increased its position in shares of Waterstone Financial by 5.9% during the first quarter. Keeley Teton Advisors LLC now owns 18,000 shares of the savings and loans company’s stock worth $296,000 after purchasing an additional 1,000 shares in the last quarter. Finally, BNP Paribas Arbitrage SA increased its position in shares of Waterstone Financial by 317.6% during the first quarter. BNP Paribas Arbitrage SA now owns 5,174 shares of the savings and loans company’s stock worth $85,000 after purchasing an additional 3,935 shares in the last quarter. 58.18% of the stock is currently owned by institutional investors.
Separately, BidaskClub upgraded Zai Lab from a “buy” rating to a “strong-buy” rating in a research report on Friday, June 28th.
Shares of NASDAQ WSBF traded down $0.06 during midday trading on Friday, reaching $17.04. 2,440 shares of the company were exchanged, compared to its average volume of 54,602. The company has a current ratio of 1.54, a quick ratio of 1.42 and a debt-to-equity ratio of 1.17. Waterstone Financial, Inc. has a 1 year low of $15.20 and a 1 year high of $17.29. The company’s fifty day moving average is $16.88. The company has a market capitalization of $478.46 million, a PE ratio of 15.06 and a beta of 0.09.
Waterstone Financial (NASDAQ:WSBF) last released its quarterly earnings results on Tuesday, April 23rd. The savings and loans company reported $0.24 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.19 by $0.05. Waterstone Financial had a return on equity of 7.71% and a net margin of 15.55%. The firm had revenue of $37.19 million for the quarter.
The business also recently declared a quarterly dividend, which will be paid on Friday, August 2nd. Investors of record on Friday, July 12th will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.82%. The ex-dividend date of this dividend is Thursday, July 11th.
In related news, COO William F. Bruss sold 2,250 shares of the firm’s stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of $16.60, for a total transaction of $37,350.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Ellen Syburg Bartel sold 7,000 shares of the firm’s stock in a transaction dated Friday, May 24th. The stock was sold at an average price of $16.56, for a total value of $115,920.00. The disclosure for this sale can be found here. Company insiders own 12.10% of the company’s stock.
Waterstone Financial 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 through 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, and money transfer services, as well as credit, debit, and pre-paid cards; investable funds solutions comprising savings, money market deposit, and individual retirement accounts, as well as certificates of deposit; lending solutions consisting of 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, and insurance products, as well as trust and investment management accounts.
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