Stephen J. Schmidt Sells 6,211 Shares of Waterstone Financial, Inc. (NASDAQ:WSBF) Stock

Waterstone Financial, Inc. (NASDAQ:WSBF) Director Stephen J. Schmidt sold 6,211 shares of Waterstone Financial stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of $13.79, for a total transaction of $85,649.69. Following the sale, the director now directly owns 70,078 shares of the company’s stock, valued at $966,375.62. This represents a 8.14 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Waterstone Financial Stock Down 2.5 %

Shares of WSBF stock traded down $0.36 on Wednesday, hitting $13.85. The stock had a trading volume of 10,480 shares, compared to its average volume of 54,132. Waterstone Financial, Inc. has a one year low of $10.60 and a one year high of $16.86. The business has a 50 day moving average price of $13.65 and a 200 day moving average price of $14.40. The company has a market cap of $268.27 million, a PE ratio of 13.71 and a beta of 0.64. 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 (NASDAQ:WSBF) last posted its quarterly earnings results on Tuesday, January 28th. The savings and loans company reported $0.28 EPS 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 business also recently announced a quarterly dividend, which was paid on Monday, February 3rd. Shareholders of record on Wednesday, January 8th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, January 8th. This represents a $0.60 annualized dividend and a yield of 4.33%. Waterstone Financial’s dividend payout ratio (DPR) is presently 59.41%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Waterstone Financial from a “hold” rating to a “buy” rating in a research report on Tuesday, February 4th.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in WSBF. State Street Corp boosted its position in shares of Waterstone Financial by 0.8% in the 3rd quarter. State Street Corp now owns 462,234 shares of the savings and loans company’s stock worth $6,795,000 after purchasing an additional 3,799 shares in the last quarter. Foundry Partners LLC raised its holdings in shares of 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 last quarter. John G Ullman & Associates Inc. raised its position in Waterstone Financial by 19.3% during the fourth quarter. John G Ullman & Associates Inc. now owns 108,342 shares of the savings and loans company’s stock valued at $1,456,000 after acquiring an additional 17,516 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Waterstone Financial by 64.9% during the fourth quarter. JPMorgan Chase & Co. now owns 85,628 shares of the savings and loans company’s stock worth $1,151,000 after buying an additional 33,715 shares in the last quarter. Finally, Empowered Funds LLC grew its position in shares of Waterstone Financial by 5.0% during the 4th quarter. Empowered Funds LLC now owns 77,773 shares of the savings and loans company’s stock valued at $1,045,000 after acquiring an additional 3,705 shares during the period. 62.71% of the stock is 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.