Waterstone Financial, Inc. (NASDAQ:WSBF - Get Free Report) Director Stephen J. Schmidt sold 2,687 shares of the business's stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $15.80, for a total transaction of $42,454.60. Following the completion of the transaction, the director now owns 70,078 shares of the company's stock, valued at approximately $1,107,232.40. The trade was a 3.69 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Waterstone Financial Stock Performance
NASDAQ:WSBF traded down $0.09 during mid-day trading on Friday, hitting $15.28. 6,535 shares of the company traded hands, compared to its average volume of 44,662. Waterstone Financial, Inc. has a one year low of $10.60 and a one year high of $16.86. The firm has a market cap of $295.97 million, a price-to-earnings ratio of 21.05 and a beta of 0.63. The stock's fifty day moving average price is $14.91 and its 200-day moving average price is $13.84. 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 Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, November 1st. Stockholders of record on Tuesday, October 8th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 3.93%. The ex-dividend date of this dividend was Tuesday, October 8th. Waterstone Financial's payout ratio is 82.19%.
Institutional Inflows and Outflows
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A number of hedge funds have recently bought and sold shares of WSBF. ProShare Advisors LLC purchased a new position in Waterstone Financial during the 2nd quarter valued at about $30,000. CWM LLC raised its position in shares of Waterstone Financial by 63.3% in the 2nd quarter. CWM LLC now owns 3,588 shares of the savings and loans company's stock worth $46,000 after acquiring an additional 1,391 shares in the last quarter. BNP Paribas Financial Markets grew its stake in Waterstone Financial by 62.9% in the first quarter. BNP Paribas Financial Markets now owns 8,398 shares of the savings and loans company's stock valued at $102,000 after purchasing an additional 3,243 shares during the last quarter. State Board of Administration of Florida Retirement System bought a new position in Waterstone Financial in the first quarter worth about $176,000. Finally, GSA Capital Partners LLP purchased a new stake in shares of Waterstone Financial during the third quarter valued at about $291,000. Institutional investors own 62.71% of the company's stock.
About Waterstone Financial
(
Get Free Report)
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.
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