Bessemer Group Inc. trimmed its holdings in shares of Waterstone Financial, Inc. (NASDAQ:WSBF) by 19.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 39,700 shares of the savings and loans company’s stock after selling 9,500 shares during the quarter. Bessemer Group Inc. owned about 0.13% of Waterstone Financial worth $677,000 at the end of the most recent quarter.
A number of other hedge funds have also recently added to or reduced their stakes in WSBF. Foundry Partners LLC acquired a new position in Waterstone Financial in the third quarter worth about $1,504,000. State Street Corp increased its holdings in shares of Waterstone Financial by 2.9% during the second quarter. State Street Corp now owns 624,097 shares of the savings and loans company’s stock worth $11,760,000 after buying an additional 17,847 shares in the last quarter. Wells Fargo & Company MN increased its holdings in shares of Waterstone Financial by 32.4% during the third quarter. Wells Fargo & Company MN now owns 101,061 shares of the savings and loans company’s stock worth $1,970,000 after buying an additional 24,733 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Waterstone Financial by 1.1% during the second quarter. Vanguard Group Inc. now owns 1,104,596 shares of the savings and loans company’s stock worth $20,822,000 after buying an additional 12,199 shares in the last quarter. Finally, GSA Capital Partners LLP increased its holdings in shares of Waterstone Financial by 92.7% during the third quarter. GSA Capital Partners LLP now owns 23,851 shares of the savings and loans company’s stock worth $465,000 after buying an additional 11,474 shares in the last quarter. Institutional investors own 59.64% of the company’s stock.
A number of analysts recently weighed in on the stock. Sandler O’Neill lowered shares of Waterstone Financial from a “buy” rating to a “hold” rating in a report on Tuesday, October 31st. BidaskClub cut shares of Waterstone Financial from a “hold” rating to a “sell” rating in a research note on Tuesday, December 12th.
Waterstone Financial, Inc. (NASDAQ:WSBF) traded up $0.20 on Friday, reaching $17.35. 46,453 shares of the company traded hands, compared to its average volume of 64,232. The company has a quick ratio of 1.40, a current ratio of 1.58 and a debt-to-equity ratio of 1.06. Waterstone Financial, Inc. has a 1-year low of $16.60 and a 1-year high of $20.40. The company has a market cap of $511.84, a PE ratio of 16.84 and a beta of 0.12.
Waterstone Financial (NASDAQ:WSBF) last issued its quarterly earnings results on Tuesday, January 30th. The savings and loans company reported $0.21 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.21. The firm had revenue of $41.51 million for the quarter. Waterstone Financial had a net margin of 13.56% and a return on equity of 6.97%.
The business also recently announced a quarterly dividend, which was paid on Friday, February 2nd. Investors of record on Friday, January 12th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 2.77%. The ex-dividend date of this dividend was Thursday, January 11th. Waterstone Financial’s payout ratio is 51.61%.
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Waterstone Financial Company Profile
Waterstone Financial, Inc is the holding company of WaterStone Bank SSB (WaterStone Bank). WaterStone Bank is a community bank. The Company operates in two segments: community banking and mortgage banking. The community banking segment provides consumer and business banking products and services. Its consumer products include loan products, deposit products, and personal investment services.
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