Stephen J. Schmidt Sells 2,195 Shares of Waterstone Financial, Inc. (NASDAQ:WSBF) Stock

Waterstone Financial, Inc. (NASDAQ:WSBF) Director Stephen J. Schmidt sold 2,195 shares of the business’s stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $13.76, for a total transaction of $30,203.20. Following the completion of the sale, the director now directly owns 70,078 shares of the company’s stock, valued at approximately $964,273.28. The trade was a 3.04 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

Waterstone Financial Stock Down 0.1 %

WSBF stock opened at $13.74 on Friday. The company has a market cap of $266.14 million, a PE ratio of 13.60 and a beta of 0.64. The business has a 50-day simple moving average of $13.75 and a 200 day simple moving average of $14.44. Waterstone Financial, Inc. has a 52 week low of $10.60 and a 52 week high of $16.86. The company has a quick ratio of 1.36, a current ratio of 1.48 and a debt-to-equity ratio of 1.64.

Waterstone Financial (NASDAQ:WSBF) last posted its quarterly earnings results on Tuesday, January 28th. The savings and loans company reported $0.28 EPS 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. Shareholders of record on Wednesday, January 8th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 4.37%. The ex-dividend date was Wednesday, January 8th. Waterstone Financial’s payout ratio is 59.41%.

Analyst Upgrades and Downgrades

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

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. GSA Capital Partners LLP acquired a new position in Waterstone Financial during the third quarter worth about $291,000. Barclays PLC raised its holdings in Waterstone Financial by 242.1% in the 3rd quarter. Barclays PLC now owns 20,824 shares of the savings and loans company’s stock valued at $306,000 after buying an additional 14,737 shares during the last quarter. Proficio Capital Partners LLC bought a new position in Waterstone Financial in the 4th quarter valued at approximately $365,000. Jane Street Group LLC raised its holdings in Waterstone Financial by 33.6% in 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 buying an additional 7,310 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. raised its holdings in Waterstone Financial by 79.9% in 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 buying an additional 13,819 shares during the last quarter. Institutional investors and hedge funds 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.