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 firm’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $15.78, for a total transaction of $34,621.32. Following the sale, the director now owns 70,078 shares of the company’s stock, valued at approximately $1,105,830.84. This represents a 3.04 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Waterstone Financial Price Performance

Shares of WSBF opened at $15.06 on Friday. The company has a market capitalization of $291.71 million, a P/E ratio of 20.63 and a beta of 0.63. Waterstone Financial, Inc. has a twelve month low of $10.60 and a twelve month high of $16.86. 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 firm has a 50 day moving average of $14.94 and a 200 day moving average of $14.07.

Waterstone Financial Dividend Announcement

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

Institutional Investors Weigh In On Waterstone Financial

Several large investors have recently bought and sold shares of WSBF. State Board of Administration of Florida Retirement System bought a new stake in shares of Waterstone Financial in the first quarter worth approximately $176,000. 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 in the last quarter. Quadrature Capital Ltd bought a new stake in Waterstone Financial during the first quarter valued at about $274,000. CWM LLC increased its position 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 worth $46,000 after buying an additional 1,391 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its stake in shares of Waterstone Financial by 4.5% in the second quarter. Bank of New York Mellon Corp now owns 90,978 shares of the savings and loans company’s stock worth $1,164,000 after buying an additional 3,926 shares during the period. 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.