Waterstone Financial, Inc. (NASDAQ:WSBF) Director Stephen J. Schmidt Sells 3,097 Shares

Waterstone Financial, Inc. (NASDAQ:WSBF - Get Free Report) Director Stephen J. Schmidt sold 3,097 shares of the stock in a transaction on Thursday, February 6th. The stock was sold at an average price of $13.75, for a total transaction of $42,583.75. Following the completion of the sale, the director now owns 70,078 shares in the company, valued at approximately $963,572.50. This trade represents a 4.23 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Waterstone Financial Stock Up 0.1 %

Shares of NASDAQ:WSBF traded up $0.02 during midday trading on Monday, reaching $13.61. 7,972 shares of the company were exchanged, compared to its average volume of 53,966. Waterstone Financial, Inc. has a fifty-two week low of $10.60 and a fifty-two week 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 stock has a fifty day simple moving average of $13.69 and a two-hundred day simple moving average of $14.42. The firm has a market cap of $263.63 million, a PE ratio of 13.48 and a beta of 0.64.

Waterstone Financial (NASDAQ:WSBF - Get Free Report) last issued its quarterly earnings data 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 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. The ex-dividend date was Wednesday, January 8th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.41%. Waterstone Financial's payout ratio is 59.41%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in WSBF. John G Ullman & Associates Inc. grew its position in Waterstone Financial by 165.0% in 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 in the last quarter. Foundry Partners LLC grew its position in Waterstone Financial by 19.4% in the third quarter. Foundry Partners LLC now owns 205,165 shares of the savings and loans company's stock valued at $3,016,000 after purchasing an additional 33,305 shares in the last quarter. AQR Capital Management LLC grew its position in shares of Waterstone Financial by 223.5% in the 2nd quarter. AQR Capital Management LLC now owns 42,506 shares of the savings and loans company's stock valued at $544,000 after acquiring an additional 29,366 shares during the period. Proficio Capital Partners LLC bought a new position in shares of Waterstone Financial in the 4th quarter valued at about $365,000. Finally, JPMorgan Chase & Co. grew its position in shares of Waterstone Financial by 73.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 51,913 shares of the savings and loans company's stock valued at $763,000 after acquiring an additional 21,902 shares during the period. Institutional investors own 62.71% of the company's stock.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Waterstone Financial from a "hold" rating to a "buy" rating in a report on Tuesday, February 4th.

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.