Dimensional Fund Advisors LP Decreases Stake in Waterstone Financial, Inc. (NASDAQ:WSBF)

Dimensional Fund Advisors LP trimmed its holdings in Waterstone Financial, Inc. (NASDAQ:WSBF - Free Report) by 5.6% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,534,769 shares of the savings and loans company's stock after selling 91,327 shares during the period. Dimensional Fund Advisors LP owned 7.81% of Waterstone Financial worth $19,629,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. PNC Financial Services Group Inc. increased its position in Waterstone Financial by 1,979.4% during the fourth quarter. PNC Financial Services Group Inc. now owns 3,327 shares of the savings and loans company's stock worth $47,000 after purchasing an additional 3,167 shares during the last quarter. CWM LLC increased its position in Waterstone Financial by 63.3% during the second quarter. CWM LLC now owns 3,588 shares of the savings and loans company's stock worth $46,000 after purchasing an additional 1,391 shares during the last quarter. BNP Paribas Financial Markets increased its position in Waterstone Financial by 62.9% during the first quarter. BNP Paribas Financial Markets now owns 8,398 shares of the savings and loans company's stock worth $102,000 after purchasing an additional 3,243 shares during the last quarter. Arnhold LLC acquired a new stake in Waterstone Financial during the first quarter worth about $122,000. Finally, State Board of Administration of Florida Retirement System acquired a new stake in Waterstone Financial during the first quarter worth about $176,000. 62.71% of the stock is currently owned by institutional investors and hedge funds.

Waterstone Financial Trading Down 0.3 %

Waterstone Financial stock traded down $0.04 during midday trading on Friday, hitting $14.30. 28,328 shares of the stock were exchanged, compared to its average volume of 46,312. Waterstone Financial, Inc. has a fifty-two week low of $9.62 and a fifty-two week high of $16.36. The stock has a market capitalization of $280.91 million, a price-to-earnings ratio of 27.50 and a beta of 0.63. The stock's 50-day simple moving average is $14.67 and its 200 day simple moving average is $13.16. 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 (NASDAQ:WSBF - Get Free Report) last released its quarterly earnings data on Thursday, July 25th. The savings and loans company reported $0.31 earnings per share (EPS) for the quarter. The firm had revenue of $37.18 million during the quarter. Waterstone Financial had a net margin of 6.14% and a return on equity of 3.73%.

Waterstone Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, November 1st. Shareholders of record on Tuesday, October 8th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 4.20%. The ex-dividend date is Tuesday, October 8th. Waterstone Financial's dividend payout ratio (DPR) is presently 115.38%.

Insiders Place Their Bets

In other Waterstone Financial news, Director Ellen Syburg Bartel sold 4,166 shares of the stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $14.89, for a total transaction 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 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other Waterstone Financial news, Director Ellen Syburg Bartel sold 4,166 shares of the stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $14.89, for a total transaction 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 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Michael L. Hansen sold 5,569 shares of the firm's stock in a transaction that occurred on Wednesday, August 28th. The shares were sold at an average price of $15.00, for a total transaction of $83,535.00. Following the completion of the transaction, the director now directly owns 79,872 shares of the company's stock, valued at approximately $1,198,080. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 30,459 shares of company stock valued at $456,448 over the last 90 days. 8.30% of the stock is owned by company insiders.

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.