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

Waterstone Financial, Inc. (NASDAQ:WSBF - Get Free Report) CFO Mark Raymond Gerke sold 2,738 shares of the stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $14.14, for a total transaction of $38,715.32. Following the completion of 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Waterstone Financial Stock Performance

WSBF traded down $0.05 during trading on Monday, hitting $14.02. 57,902 shares of the company traded hands, compared to its average volume of 44,098. The firm has a market cap of $271.61 million, a P/E ratio of 13.88 and a beta of 0.64. The stock's fifty day moving average is $13.58 and its 200 day moving average is $14.42. 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, Inc. has a one year low of $10.60 and a one year high of $16.86.

Waterstone Financial (NASDAQ:WSBF - Get Free Report) last posted its quarterly earnings results on Tuesday, January 28th. The savings and loans company reported $0.28 earnings per share 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 declared a quarterly dividend, which was paid on Monday, February 3rd. Investors of record on Wednesday, January 8th were given a dividend of $0.15 per share. The ex-dividend date was Wednesday, January 8th. This represents a $0.60 annualized dividend and a yield of 4.28%. Waterstone Financial's payout ratio is currently 59.41%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Waterstone Financial from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th.

Hedge Funds Weigh In On Waterstone Financial

Institutional investors have recently added to or reduced their stakes in the stock. Wells Fargo & Company MN boosted its position in Waterstone Financial by 27.8% during the fourth quarter. Wells Fargo & Company MN now owns 9,441 shares of the savings and loans company's stock worth $127,000 after purchasing an additional 2,055 shares during the period. Deutsche Bank AG bought a new position in Waterstone Financial during the fourth quarter worth about $143,000. Quantinno Capital Management LP bought a new position in Waterstone Financial during the fourth quarter worth about $203,000. GSA Capital Partners LLP bought a new position in Waterstone Financial during the third quarter worth about $291,000. Finally, Millennium Management LLC boosted its position in Waterstone Financial by 108.7% during the fourth quarter. Millennium Management LLC now owns 21,882 shares of the savings and loans company's stock worth $294,000 after purchasing an additional 11,395 shares during the period. Institutional investors own 62.71% of the company's stock.

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.