Foundry Partners LLC Buys 33,305 Shares of Waterstone Financial, Inc. (NASDAQ:WSBF)

Foundry Partners LLC grew its stake in shares of Waterstone Financial, Inc. (NASDAQ:WSBF - Free Report) by 19.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 205,165 shares of the savings and loans company's stock after buying an additional 33,305 shares during the period. Foundry Partners LLC owned approximately 1.06% of Waterstone Financial worth $3,016,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. ProShare Advisors LLC bought a new position in Waterstone Financial during the 2nd quarter worth approximately $30,000. CWM LLC increased 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 valued at $46,000 after buying an additional 1,391 shares in the last quarter. BNP Paribas Financial Markets raised its stake in Waterstone Financial by 62.9% during the 1st quarter. BNP Paribas Financial Markets now owns 8,398 shares of the savings and loans company's stock worth $102,000 after buying an additional 3,243 shares during the period. State Board of Administration of Florida Retirement System acquired a new stake in Waterstone Financial during the 1st quarter worth $176,000. Finally, Quadrature Capital Ltd bought a new position in Waterstone Financial during the first quarter worth about $274,000. 62.71% of the stock is owned by institutional investors.

Waterstone Financial Trading Down 1.0 %

Shares of Waterstone Financial stock traded down $0.16 during trading hours on Friday, hitting $15.22. The company's stock had a trading volume of 40,150 shares, compared to its average volume of 44,446. 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 50 day moving average of $14.99 and a 200 day moving average of $13.97. Waterstone Financial, Inc. has a 12 month low of $10.60 and a 12 month high of $16.86. The company has a market capitalization of $294.81 million, a PE ratio of 21.23 and a beta of 0.63.

Waterstone Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 1st. Investors of record on Tuesday, October 8th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 3.94%. The ex-dividend date was Tuesday, October 8th. Waterstone Financial's payout ratio is presently 82.19%.

Insiders Place Their Bets

In other news, Director Ellen Syburg Bartel sold 4,166 shares of Waterstone Financial stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $14.89, for a total value of $62,031.74. Following the completion of the transaction, the director now owns 15,000 shares of the company's stock, valued at $223,350. This trade represents a 21.74 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Stephen J. Schmidt sold 4,209 shares of the company's stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $16.04, for a total transaction of $67,512.36. Following the completion of the sale, the director now directly owns 70,078 shares in the company, valued at approximately $1,124,051.12. The trade was a 5.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 37,792 shares of company stock worth $573,079. Corporate insiders own 8.30% of the company's stock.

Waterstone Financial 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.