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 Waterstone Financial 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 sale, the director now owns 70,078 shares of the company’s stock, valued at approximately $1,074,996.52. This represents a 9.41 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Waterstone Financial Stock Up 2.6 %

Shares of NASDAQ WSBF opened at $15.61 on Tuesday. The business’s 50 day moving average is $14.99 and its two-hundred day moving average is $14.02. 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. The firm has a market cap of $302.41 million, a price-to-earnings ratio of 21.38 and a beta of 0.63.

Waterstone Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 1st. Shareholders of record on Tuesday, October 8th were paid a dividend of $0.15 per share. The ex-dividend date was Tuesday, October 8th. This represents a $0.60 dividend on an annualized basis and a yield of 3.84%. Waterstone Financial’s dividend payout ratio (DPR) is presently 82.19%.

Institutional Trading of Waterstone Financial

Several hedge funds have recently made changes to their positions in WSBF. John G Ullman & Associates Inc. grew its holdings in shares of Waterstone Financial by 165.0% in the third quarter. John G Ullman & Associates Inc. now owns 90,826 shares of the savings and loans company’s stock valued at $1,335,000 after purchasing an additional 56,554 shares in the last quarter. Foundry Partners LLC boosted its position in Waterstone Financial by 19.4% in the 3rd quarter. Foundry Partners LLC now owns 205,165 shares of the savings and loans company’s stock valued at $3,016,000 after buying an additional 33,305 shares during the period. AQR Capital Management LLC boosted its position in Waterstone Financial by 223.5% in the 2nd quarter. AQR Capital Management LLC now owns 42,506 shares of the savings and loans company’s stock valued at $544,000 after buying an additional 29,366 shares during the period. Quadrature Capital Ltd acquired a new position in shares of Waterstone Financial in the first quarter worth $274,000. Finally, GSA Capital Partners LLP purchased a new stake in shares of Waterstone Financial during the third quarter worth $291,000. 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.