Waterstone Financial, Inc. (NASDAQ:WSBF) Director Stephen J. Schmidt Sells 2,687 Shares

Waterstone Financial, Inc. (NASDAQ:WSBF) Director Stephen J. Schmidt sold 2,687 shares of the stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $15.80, for a total value of $42,454.60. Following the completion of the sale, the director now owns 70,078 shares in the company, valued at $1,107,232.40. This trade represents a 3.69 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Waterstone Financial Price Performance

Waterstone Financial stock opened at $15.38 on Friday. The stock has a market cap of $297.91 million, a price-to-earnings ratio of 21.07 and a beta of 0.63. 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 business has a 50-day simple moving average of $14.93 and a 200 day simple moving average of $13.89. Waterstone Financial, Inc. has a 52 week low of $10.60 and a 52 week high of $16.86.

Waterstone Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 1st. Investors of record on Tuesday, October 8th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 3.90%. The ex-dividend date of this dividend was Tuesday, October 8th. Waterstone Financial’s dividend payout ratio is currently 82.19%.

Institutional Investors Weigh In On Waterstone Financial

Several hedge funds have recently bought and sold shares of the stock. Barclays PLC increased its holdings in shares of Waterstone Financial by 242.1% in the 3rd quarter. Barclays PLC now owns 20,824 shares of the savings and loans company’s stock worth $306,000 after buying an additional 14,737 shares during the last quarter. Jane Street Group LLC increased its stake in Waterstone Financial by 33.6% in the third quarter. Jane Street Group LLC now owns 29,082 shares of the savings and loans company’s stock valued at $428,000 after acquiring an additional 7,310 shares during the last quarter. State Street Corp raised its position in Waterstone Financial by 0.8% during the third quarter. State Street Corp now owns 462,234 shares of the savings and loans company’s stock valued at $6,795,000 after purchasing an additional 3,799 shares in the last quarter. FMR LLC lifted its stake in Waterstone Financial by 26.6% during the third quarter. FMR LLC now owns 71,039 shares of the savings and loans company’s stock worth $1,044,000 after purchasing an additional 14,919 shares during the last quarter. Finally, John G Ullman & Associates Inc. boosted its holdings in shares of Waterstone Financial by 165.0% in the 3rd quarter. John G Ullman & Associates Inc. now owns 90,826 shares of the savings and loans company’s stock worth $1,335,000 after purchasing an additional 56,554 shares in the last quarter. 62.71% of the stock is currently owned by institutional investors.

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.