Dean Investment Associates LLC Sells 32,599 Shares of Waterstone Financial, Inc. (NASDAQ:WSBF)

Dean Investment Associates LLC reduced its position in Waterstone Financial, Inc. (NASDAQ:WSBF) by 23.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 107,095 shares of the savings and loans company’s stock after selling 32,599 shares during the quarter. Dean Investment Associates LLC owned about 0.55% of Waterstone Financial worth $1,574,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. lifted 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 valued at $12,399,000 after purchasing an additional 3,531 shares during the last quarter. CWM LLC lifted its position in Waterstone Financial by 63.3% during the second quarter. CWM LLC now owns 3,588 shares of the savings and loans company’s stock valued at $46,000 after purchasing an additional 1,391 shares during the last quarter. Bank of New York Mellon Corp lifted its position in Waterstone Financial by 4.5% during the second quarter. Bank of New York Mellon Corp now owns 90,978 shares of the savings and loans company’s stock valued at $1,164,000 after purchasing an additional 3,926 shares during the last quarter. Foundry Partners LLC lifted its position in Waterstone Financial by 6.2% during the second quarter. Foundry Partners LLC now owns 171,860 shares of the savings and loans company’s stock valued at $2,198,000 after purchasing an additional 10,000 shares during the last quarter. Finally, Los Angeles Capital Management LLC lifted its position in Waterstone Financial by 5.4% during the second quarter. Los Angeles Capital Management LLC now owns 23,575 shares of the savings and loans company’s stock valued at $302,000 after purchasing an additional 1,200 shares during the last quarter. 62.71% of the stock is currently owned by institutional investors.

Waterstone Financial Trading Up 0.7 %

Shares of Waterstone Financial stock opened at $15.01 on Monday. Waterstone Financial, Inc. has a 1 year low of $10.60 and a 1 year high of $16.86. The firm has a market cap of $290.74 million, a PE ratio of 20.56 and a beta of 0.63. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.48 and a quick ratio of 1.36. The company has a 50 day simple moving average of $14.93 and a two-hundred day simple moving average of $14.19.

Waterstone Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 1st. Shareholders of record on Tuesday, October 8th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, October 8th. This represents a $0.60 annualized dividend and a yield of 4.00%. Waterstone Financial’s payout ratio is presently 82.19%.

Insider Buying and Selling at Waterstone Financial

In other Waterstone Financial news, Director Ellen Syburg Bartel sold 4,166 shares of Waterstone Financial stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of $14.89, for a total transaction of $62,031.74. Following the transaction, the director now directly owns 15,000 shares of the company’s stock, valued at approximately $223,350. This trade represents a 21.74 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Stephen J. Schmidt sold 4,209 shares of Waterstone Financial stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $16.04, for a total transaction of $67,512.36. Following the transaction, the director now directly owns 70,078 shares in the company, valued at $1,124,051.12. This trade represents a 5.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 21,232 shares of company stock worth $328,917 over the last three months. 8.30% of the stock is owned by insiders.

Waterstone Financial Profile

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.