Stephen J. Schmidt Sells 2,194 Shares of Waterstone Financial, Inc. (NASDAQ:WSBF) Stock

Waterstone Financial, Inc. (NASDAQ:WSBF) Director Stephen J. Schmidt sold 2,194 shares of the stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $15.78, for a total transaction of $34,621.32. Following the completion of the sale, the director now directly owns 70,078 shares in the company, valued at approximately $1,105,830.84. The trade was a 3.04 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Waterstone Financial Trading Down 0.6 %

Shares of Waterstone Financial stock opened at $15.06 on Thursday. Waterstone Financial, Inc. has a 12-month low of $10.60 and a 12-month high of $16.86. The company has a market cap of $291.71 million, a price-to-earnings ratio of 20.63 and a beta of 0.63. The company has a current ratio of 1.48, a quick ratio of 1.36 and a debt-to-equity ratio of 1.64. The company’s 50-day moving average price is $14.97 and its 200-day moving average price is $14.07.

Waterstone Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, November 1st. Stockholders of record on Tuesday, October 8th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.98%. The ex-dividend date was Tuesday, October 8th. Waterstone Financial’s payout ratio is 82.19%.

Institutional Investors Weigh In On Waterstone Financial

A number of institutional investors and hedge funds have recently bought and sold shares of WSBF. ProShare Advisors LLC purchased a new stake in Waterstone Financial in the second quarter valued at approximately $30,000. CWM LLC raised its stake in Waterstone Financial by 63.3% in 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 in the last quarter. State Board of Administration of Florida Retirement System purchased a new stake in Waterstone Financial in the first quarter valued at approximately $176,000. Quadrature Capital Ltd purchased a new stake in Waterstone Financial in the first quarter valued at approximately $274,000. Finally, GSA Capital Partners LLP purchased a new stake in Waterstone Financial in the third quarter valued at approximately $291,000. 62.71% of the stock is owned by hedge funds and other institutional investors.

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.