Waterstone Financial (NASDAQ:WSBF) Director Douglas Gordon Sells 18,716 Shares

Waterstone Financial, Inc. (NASDAQ:WSBF) Director Douglas Gordon sold 18,716 shares of the firm’s stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $18.25, for a total transaction of $341,567.00. Following the sale, the director owned 566,418 shares of the company’s stock, valued at $10,337,128.50. The trade was a 3.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Waterstone Financial Price Performance

Shares of NASDAQ:WSBF traded down $0.12 on Friday, reaching $18.18. 8,007 shares of the company traded hands, compared to its average volume of 47,199. The stock has a market capitalization of $335.53 million, a PE ratio of 13.68 and a beta of 0.81. The company’s 50 day moving average is $17.02 and its 200-day moving average is $15.59. Waterstone Financial, Inc. has a fifty-two week low of $11.61 and a fifty-two week high of $18.88.

Waterstone Financial (NASDAQ:WSBF) last announced its quarterly earnings data on Wednesday, January 28th. The savings and loans company reported $0.44 earnings per share (EPS) for the quarter. Waterstone Financial had a return on equity of 6.99% and a net margin of 12.08%.The firm had revenue of $37.17 million during the quarter.

Waterstone Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, February 2nd. Stockholders of record on Thursday, January 8th were given a $0.15 dividend. The ex-dividend date of this dividend was Thursday, January 8th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.3%. Waterstone Financial’s dividend payout ratio (DPR) is currently 45.11%.

Analysts Set New Price Targets

Several analysts recently weighed in on WSBF shares. Wall Street Zen downgraded Waterstone Financial from a “buy” rating to a “hold” rating in a research note on Sunday, December 14th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Waterstone Financial in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy”.

Institutional Investors Weigh In On Waterstone Financial

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. AQR Capital Management LLC grew its position in shares of Waterstone Financial by 16.7% during the 1st quarter. AQR Capital Management LLC now owns 45,595 shares of the savings and loans company’s stock worth $613,000 after buying an additional 6,512 shares during the period. Empowered Funds LLC raised its holdings in Waterstone Financial by 7.5% in the first quarter. Empowered Funds LLC now owns 83,591 shares of the savings and loans company’s stock worth $1,124,000 after purchasing an additional 5,818 shares during the period. Jane Street Group LLC boosted its position in shares of Waterstone Financial by 29.8% during the first quarter. Jane Street Group LLC now owns 25,843 shares of the savings and loans company’s stock worth $348,000 after purchasing an additional 5,928 shares in the last quarter. Ritholtz Wealth Management bought a new stake in shares of Waterstone Financial in the 2nd quarter valued at $149,000. Finally, Los Angeles Capital Management LLC raised its stake in Waterstone Financial by 7.7% during the 2nd quarter. Los Angeles Capital Management LLC now owns 15,840 shares of the savings and loans company’s stock worth $219,000 after buying an additional 1,135 shares during the period. Institutional investors own 62.71% of the company’s stock.

Waterstone Financial Company Profile

Waterstone Financial, Inc is a bank holding company based in Glendale, Wisconsin, that provides a broad range of financial services to individuals, businesses and institutions. Its primary operations are conducted through its wholly owned subsidiary, Waterstone Bank, which offers deposit products, loan facilities and treasury management services. The company focuses on delivering relationship-based banking solutions tailored to the needs of small and medium-sized enterprises as well as retail customers.

In addition to traditional commercial and consumer banking, Waterstone Financial supports its clients with specialized financing, including real estate, equipment and asset-based lending.