UBS Asset Management Americas Inc. Raises Stock Holdings in Waterstone Financial, Inc. (NASDAQ:WSBF)

UBS Asset Management Americas Inc. boosted its holdings in Waterstone Financial, Inc. (NASDAQ:WSBF) by 106.4% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 21,879 shares of the savings and loans company’s stock after buying an additional 11,279 shares during the quarter. UBS Asset Management Americas Inc. owned 0.08% of Waterstone Financial worth $373,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Acadian Asset Management LLC raised its position in Waterstone Financial by 8.7% in the 2nd quarter. Acadian Asset Management LLC now owns 901,709 shares of the savings and loans company’s stock worth $15,380,000 after buying an additional 72,530 shares during the last quarter. Wedge Capital Management L L P NC raised its position in Waterstone Financial by 699.2% in the 2nd quarter. Wedge Capital Management L L P NC now owns 88,499 shares of the savings and loans company’s stock worth $1,510,000 after buying an additional 77,425 shares during the last quarter. Northern Trust Corp raised its position in Waterstone Financial by 2.7% in the 2nd quarter. Northern Trust Corp now owns 332,653 shares of the savings and loans company’s stock worth $5,674,000 after buying an additional 8,655 shares during the last quarter. Commonwealth Equity Services LLC raised its position in Waterstone Financial by 1.9% in the 2nd quarter. Commonwealth Equity Services LLC now owns 73,220 shares of the savings and loans company’s stock worth $1,249,000 after buying an additional 1,377 shares during the last quarter. Finally, BlackRock Inc. raised its position in Waterstone Financial by 4.3% in the 2nd quarter. BlackRock Inc. now owns 1,632,650 shares of the savings and loans company’s stock worth $27,854,000 after buying an additional 67,076 shares during the last quarter. 59.86% of the stock is owned by institutional investors and hedge funds.

A number of equities analysts have weighed in on WSBF shares. BidaskClub lowered Waterstone Financial from a “hold” rating to a “sell” rating in a research report on Tuesday, October 15th. ValuEngine lowered shares of Waterstone Financial from a “hold” rating to a “sell” rating in a research report on Wednesday, October 2nd.

Shares of NASDAQ WSBF traded up $0.02 during midday trading on Friday, hitting $17.39. 35,580 shares of the company’s stock traded hands, compared to its average volume of 95,218. Waterstone Financial, Inc. has a 1 year low of $15.20 and a 1 year high of $17.44. The stock has a market capitalization of $477.54 million, a price-to-earnings ratio of 15.37 and a beta of 0.08. The company has a debt-to-equity ratio of 1.34, a quick ratio of 1.35 and a current ratio of 1.59. The firm has a fifty day moving average of $17.04 and a 200 day moving average of $16.78.

Waterstone Financial (NASDAQ:WSBF) last released its quarterly earnings results on Wednesday, July 24th. The savings and loans company reported $0.37 EPS for the quarter. Waterstone Financial had a net margin of 15.55% and a return on equity of 7.76%. The firm had revenue of $48.17 million during the quarter.

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 1st. Stockholders of record on Friday, October 11th will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 2.76%. The ex-dividend date of this dividend is Thursday, October 10th.

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 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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Institutional Ownership by Quarter for Waterstone Financial (NASDAQ:WSBF)

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