Waterstone Financial, Inc. (NASDAQ:WSBF) Director Stephen J. Schmidt Sells 2,195 Shares of Stock

Waterstone Financial, Inc. (NASDAQ:WSBF) Director Stephen J. Schmidt sold 2,195 shares of the firm’s stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $13.76, for a total transaction of $30,203.20. Following the sale, the director now owns 70,078 shares in the company, valued at $964,273.28. This trade represents a 3.04 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Waterstone Financial Price Performance

NASDAQ WSBF opened at $13.74 on Friday. The company has a quick ratio of 1.36, a current ratio of 1.48 and a debt-to-equity ratio of 1.64. Waterstone Financial, Inc. has a 12-month low of $10.60 and a 12-month high of $16.86. The company has a market capitalization of $266.14 million, a PE ratio of 13.60 and a beta of 0.64. The firm’s 50 day moving average is $13.75 and its 200-day moving average is $14.44.

Waterstone Financial (NASDAQ:WSBF) last issued its earnings results on Tuesday, January 28th. The savings and loans company reported $0.28 earnings per share for the quarter. Waterstone Financial had a net margin of 9.23% and a return on equity of 5.75%.

Waterstone Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, February 3rd. Investors of record on Wednesday, January 8th were issued a dividend of $0.15 per share. The ex-dividend date was Wednesday, January 8th. This represents a $0.60 dividend on an annualized basis and a yield of 4.37%. Waterstone Financial’s payout ratio is 59.41%.

Hedge Funds Weigh In On Waterstone Financial

A number of institutional investors have recently added to or reduced their stakes in WSBF. John G Ullman & Associates Inc. increased its holdings in Waterstone Financial by 165.0% during the third quarter. John G Ullman & Associates Inc. now owns 90,826 shares of the savings and loans company’s stock worth $1,335,000 after buying an additional 56,554 shares during the last quarter. Foundry Partners LLC boosted its position in Waterstone Financial by 19.4% during the third quarter. Foundry Partners LLC now owns 205,165 shares of the savings and loans company’s stock worth $3,016,000 after purchasing an additional 33,305 shares during the period. AQR Capital Management LLC boosted its position in Waterstone Financial by 223.5% during the second quarter. AQR Capital Management LLC now owns 42,506 shares of the savings and loans company’s stock worth $544,000 after purchasing an additional 29,366 shares during the period. Proficio Capital Partners LLC bought a new position in Waterstone Financial during the fourth quarter worth $365,000. Finally, JPMorgan Chase & Co. boosted its position in Waterstone Financial by 73.0% during the third quarter. JPMorgan Chase & Co. now owns 51,913 shares of the savings and loans company’s stock worth $763,000 after purchasing an additional 21,902 shares during the period. 62.71% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Waterstone Financial from a “hold” rating to a “buy” rating in a report on Tuesday.

Waterstone Financial Company 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.