Insider Selling: Waterstone Financial, Inc. (NASDAQ:WSBF) Director Sells 4,209 Shares of Stock

Waterstone Financial, Inc. (NASDAQ:WSBF) Director Stephen J. Schmidt sold 4,209 shares of the company’s stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $16.04, for a total value of $67,512.36. Following the transaction, the director now owns 70,078 shares of the company’s stock, valued at approximately $1,124,051.12. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Waterstone Financial Stock Up 0.3 %

WSBF opened at $15.69 on Monday. Waterstone Financial, Inc. has a fifty-two week low of $10.60 and a fifty-two week high of $16.86. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.48 and a quick ratio of 1.39. The company has a market capitalization of $303.92 million, a P/E ratio of 21.49 and a beta of 0.63. The firm’s fifty day moving average price is $14.87 and its two-hundred day moving average price is $13.77.

Waterstone Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 1st. Investors of record on Tuesday, October 8th were given 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 3.82%. Waterstone Financial’s dividend payout ratio (DPR) is presently 82.19%.

Institutional Investors Weigh In On Waterstone Financial

Several hedge funds and other institutional investors have recently added to or reduced their stakes in WSBF. BNP Paribas Financial Markets grew its holdings in Waterstone Financial by 62.9% during the 1st quarter. BNP Paribas Financial Markets now owns 8,398 shares of the savings and loans company’s stock worth $102,000 after acquiring an additional 3,243 shares during the period. Empowered Funds LLC increased its position in shares of Waterstone Financial by 8.1% in the first quarter. Empowered Funds LLC now owns 65,276 shares of the savings and loans company’s stock valued at $794,000 after acquiring an additional 4,900 shares during the last quarter. Arnhold LLC acquired a new position in shares of Waterstone Financial during the 1st quarter worth approximately $122,000. State Board of Administration of Florida Retirement System bought a new position in shares of Waterstone Financial in the 1st quarter valued at about $176,000. Finally, Vanguard Group Inc. increased its position in Waterstone Financial by 0.3% during the first quarter. Vanguard Group Inc. now owns 1,018,828 shares of the savings and loans company’s stock worth $12,399,000 after buying an additional 3,531 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.