Strs Ohio Acquires 14,900 Shares of Waterstone Financial, Inc. (NASDAQ:WSBF)

Strs Ohio raised its holdings in shares of Waterstone Financial, Inc. (NASDAQ:WSBF) by 57.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,900 shares of the savings and loans company’s stock after purchasing an additional 14,900 shares during the period. Strs Ohio owned 0.20% of Waterstone Financial worth $580,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. BKM Wealth Management LLC bought a new position in Waterstone Financial during the 4th quarter valued at approximately $28,000. SG Americas Securities LLC bought a new position in Waterstone Financial during the 4th quarter valued at approximately $138,000. Great Lakes Advisors LLC bought a new position in Waterstone Financial during the 3rd quarter valued at approximately $219,000. Arnhold LLC raised its position in Waterstone Financial by 33.3% during the 3rd quarter. Arnhold LLC now owns 20,000 shares of the savings and loans company’s stock valued at $219,000 after purchasing an additional 5,000 shares during the last quarter. Finally, Exchange Traded Concepts LLC raised its position in Waterstone Financial by 24.4% during the 3rd quarter. Exchange Traded Concepts LLC now owns 31,208 shares of the savings and loans company’s stock valued at $342,000 after purchasing an additional 6,120 shares during the last quarter. Institutional investors own 62.71% of the company’s stock.

Waterstone Financial Trading Up 0.4 %

WSBF opened at $11.79 on Friday. Waterstone Financial, Inc. has a one year low of $9.62 and a one year high of $15.56. The firm has a market capitalization of $234.86 million, a price-to-earnings ratio of 25.63 and a beta of 0.59. The business has a 50 day simple moving average of $11.77 and a two-hundred day simple moving average of $12.24. The company has a debt-to-equity ratio of 1.78, a current ratio of 1.55 and a quick ratio of 1.41.

Waterstone Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 8th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 5.09%. The ex-dividend date is Friday, April 5th. Waterstone Financial’s dividend payout ratio is currently 130.43%.

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.