Waterstone Financial, Inc. (NASDAQ:WSBF) Director Sells $111,675.20 in Stock

Waterstone Financial, Inc. (NASDAQ:WSBF) Director Stephen J. Schmidt sold 7,280 shares of the business’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $15.34, for a total value of $111,675.20. Following the completion of the sale, the director now directly owns 70,078 shares in the company, valued at approximately $1,074,996.52. The trade was a 9.41 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Waterstone Financial Price Performance

Waterstone Financial stock opened at $15.06 on Thursday. The stock has a market cap of $291.71 million, a P/E ratio of 20.93 and a beta of 0.63. The company has a fifty day simple moving average of $14.98 and a 200-day simple moving average of $14.06. The company has a current ratio of 1.48, a quick ratio of 1.36 and a debt-to-equity ratio of 1.64. Waterstone Financial, Inc. has a 12-month low of $10.60 and a 12-month high of $16.86.

Waterstone Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 1st. Stockholders of record on Tuesday, October 8th were issued a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, October 8th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.98%. Waterstone Financial’s payout ratio is currently 82.19%.

Institutional Investors Weigh In On Waterstone Financial

Institutional investors have recently added to or reduced their stakes in the business. ProShare Advisors LLC acquired a new stake in Waterstone Financial during the second quarter worth approximately $30,000. CWM LLC grew its position in shares of Waterstone Financial by 63.3% in the 2nd quarter. CWM LLC now owns 3,588 shares of the savings and loans company’s stock valued at $46,000 after buying an additional 1,391 shares during the last quarter. BNP Paribas Financial Markets lifted its position in Waterstone Financial by 62.9% in 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 acquiring an additional 3,243 shares during the last quarter. State Board of Administration of Florida Retirement System purchased a new stake in Waterstone Financial in the first quarter valued at $176,000. Finally, Quadrature Capital Ltd acquired a new position in Waterstone Financial in the first quarter valued at $274,000. Hedge funds and other institutional investors own 62.71% of the company’s stock.

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.