Waterstone Financial, Inc. (NASDAQ:WSBF) Director Sells $225,450.00 in Stock

Waterstone Financial, Inc. (NASDAQ:WSBF - Get Free Report) Director Ellen Syburg Bartel sold 15,030 shares of Waterstone Financial stock in a transaction on Thursday, September 5th. The stock was sold at an average price of $15.00, for a total transaction of $225,450.00. Following the sale, the director now owns 15,000 shares in the company, valued at approximately $225,000. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Ellen Syburg Bartel also recently made the following trade(s):

• On Tuesday, September 3rd, Ellen Syburg Bartel sold 2,129 shares of Waterstone Financial stock. The shares were sold at an average price of $15.01, for a total transaction of $31,956.29.
• On Friday, August 30th, Ellen Syburg Bartel sold 3,565 shares of Waterstone Financial stock. The stock was sold at an average price of $15.00, for a total transaction of $53,475.00.

Waterstone Financial Stock Performance

NASDAQ:WSBF traded down $0.13 on Friday, hitting $14.75. The company's stock had a trading volume of 25,737 shares, compared to its average volume of 47,237. The firm has a market capitalization of $287.04 million, a P/E ratio of 28.42 and a beta of 0.64. The company has a current ratio of 1.57, a quick ratio of 1.39 and a debt-to-equity ratio of 1.97. Waterstone Financial, Inc. has a one year low of $9.62 and a one year high of $15.66. The stock has a fifty day moving average of $14.20 and a two-hundred day moving average of $12.75.

Waterstone Financial (NASDAQ:WSBF - Get Free Report) last issued its quarterly earnings results on Thursday, July 25th. The savings and loans company reported $0.31 earnings per share (EPS) for the quarter. The company had revenue of $37.18 million for the quarter. Waterstone Financial had a return on equity of 3.73% and a net margin of 6.14%.

Waterstone Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 1st. Stockholders of record on Monday, July 8th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.07%. The ex-dividend date was Monday, July 8th. Waterstone Financial's dividend payout ratio is 115.39%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. BHZ Capital Management LP bought a new stake in Waterstone Financial during the fourth quarter worth about $453,000. AQR Capital Management LLC boosted its stake in 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 worth $544,000 after purchasing an additional 29,366 shares in the last quarter. Quadrature Capital Ltd bought a new position in Waterstone Financial during the 1st quarter valued at about $274,000. State Board of Administration of Florida Retirement System bought a new position in Waterstone Financial during the 1st quarter valued at about $176,000. Finally, Pinnacle Wealth Planning Services Inc. purchased a new stake in Waterstone Financial in the 4th quarter worth approximately $197,000. 62.71% of the stock is owned by institutional investors and hedge funds.

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.