Waterstone Financial, Inc. (NASDAQ:WSBF) CFO Mark Raymond Gerke Sells 2,738 Shares of Stock

Waterstone Financial, Inc. (NASDAQ:WSBF) CFO Mark Raymond Gerke sold 2,738 shares of Waterstone Financial stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $14.14, for a total transaction of $38,715.32. Following the sale, the chief financial officer now owns 30,334 shares of the company’s stock, valued at approximately $428,922.76. This represents a 8.28 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Waterstone Financial Stock Down 0.4 %

Shares of NASDAQ:WSBF opened at $14.02 on Tuesday. Waterstone Financial, Inc. has a one year low of $10.60 and a one year high of $16.86. The company has a 50 day moving average of $13.58 and a 200-day moving average of $14.42. 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 stock has a market cap of $271.61 million, a price-to-earnings ratio of 13.88 and a beta of 0.64.

Waterstone Financial (NASDAQ:WSBF) last issued 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 Announces Dividend

The company also recently disclosed 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. This represents a $0.60 dividend on an annualized basis and a yield of 4.28%. The ex-dividend date of this dividend was Wednesday, January 8th. Waterstone Financial’s dividend payout ratio is currently 59.41%.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of Waterstone Financial from a “buy” rating to a “hold” rating in a research report on Tuesday, February 25th.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. JPMorgan Chase & Co. grew its holdings 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 valued at $763,000 after purchasing an additional 21,902 shares during the period. Barclays PLC grew its holdings in Waterstone Financial by 242.1% during the third quarter. Barclays PLC now owns 20,824 shares of the savings and loans company’s stock valued at $306,000 after purchasing an additional 14,737 shares during the period. State Street Corp grew its holdings in Waterstone Financial by 0.8% during the third quarter. State Street Corp now owns 462,234 shares of the savings and loans company’s stock valued at $6,795,000 after purchasing an additional 3,799 shares during the period. John G Ullman & Associates Inc. grew 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 valued at $1,335,000 after purchasing an additional 56,554 shares during the period. Finally, FMR LLC grew its holdings in Waterstone Financial by 26.6% during the third quarter. FMR LLC now owns 71,039 shares of the savings and loans company’s stock valued at $1,044,000 after purchasing an additional 14,919 shares during the period. Institutional investors and hedge funds own 62.71% of the company’s stock.

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.