Waterstone Financial (NASDAQ:WSBF) Stock Price Passes Below 200 Day Moving Average – What’s Next?

Waterstone Financial, Inc. (NASDAQ:WSBF)’s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $14.45 and traded as low as $12.75. Waterstone Financial shares last traded at $12.99, with a volume of 47,899 shares.

Waterstone Financial Stock Up 3.1 %

The company has a market capitalization of $251.66 million, a price-to-earnings ratio of 17.79 and a beta of 0.65. The stock’s fifty day simple moving average is $14.32 and its two-hundred day simple moving average is $14.45. 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 Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 8th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Wednesday, January 8th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.62%. Waterstone Financial’s dividend payout ratio (DPR) is presently 82.19%.

Insider Activity at Waterstone Financial

In other news, Director Stephen J. Schmidt sold 7,280 shares of the firm’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $15.34, for a total transaction of $111,675.20. Following the completion of the transaction, the director now owns 70,078 shares in the company, valued at approximately $1,074,996.52. This trade represents a 9.41 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders sold 17,544 shares of company stock worth $274,113 in the last 90 days. Corporate insiders own 8.30% of the company’s stock.

Hedge Funds Weigh In On Waterstone Financial

Large investors have recently made changes to their positions in the business. ProShare Advisors LLC bought a new position in shares of Waterstone Financial during the 2nd quarter valued at about $30,000. GSA Capital Partners LLP bought a new position in shares of Waterstone Financial during the 3rd quarter valued at about $291,000. 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. Jane Street Group LLC boosted its position in shares of Waterstone Financial by 33.6% during the 3rd quarter. Jane Street Group LLC now owns 29,082 shares of the savings and loans company’s stock valued at $428,000 after purchasing an additional 7,310 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of Waterstone Financial by 79.9% during 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 purchasing an additional 13,819 shares in the last quarter. 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.