Proficio Capital Partners LLC Invests $365,000 in Waterstone Financial, Inc. (NASDAQ:WSBF)

Proficio Capital Partners LLC purchased a new position in Waterstone Financial, Inc. (NASDAQ:WSBF - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 27,135 shares of the savings and loans company's stock, valued at approximately $365,000. Proficio Capital Partners LLC owned approximately 0.14% of Waterstone Financial as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. GSA Capital Partners LLP bought a new position in Waterstone Financial in the third quarter worth approximately $291,000. Barclays PLC boosted its holdings in Waterstone Financial by 242.1% in the third quarter. Barclays PLC now owns 20,824 shares of the savings and loans company's stock worth $306,000 after acquiring an additional 14,737 shares in the last quarter. Jane Street Group LLC raised its stake in shares of Waterstone Financial by 33.6% in the third quarter. Jane Street Group LLC now owns 29,082 shares of the savings and loans company's stock worth $428,000 after purchasing an additional 7,310 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Waterstone Financial by 79.9% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 31,108 shares of the savings and loans company's stock worth $457,000 after purchasing an additional 13,819 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of Waterstone Financial by 73.0% in the third quarter. JPMorgan Chase & Co. now owns 51,913 shares of the savings and loans company's stock worth $763,000 after purchasing an additional 21,902 shares during the last quarter. Institutional investors own 62.71% of the company's stock.

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Analyst Ratings Changes

Separately, StockNews.com raised Waterstone Financial from a "hold" rating to a "buy" rating in a research note on Thursday.

Insider Buying and Selling at Waterstone Financial

In other news, Director Stephen J. Schmidt sold 2,195 shares of the firm's stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $13.76, for a total value of $30,203.20. Following the completion of the transaction, the director now directly owns 70,078 shares of the company's stock, valued at $964,273.28. This trade represents a 3.04 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Mark Raymond Gerke sold 2,738 shares of the firm's stock in a transaction on Friday, February 28th. The stock was sold at an average price of $14.14, for a total value of $38,715.32. Following the completion of the transaction, the chief financial officer now directly owns 30,334 shares of the company's stock, valued at $428,922.76. The trade was a 8.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 66,669 shares of company stock valued at $929,283. Company insiders own 8.30% of the company's stock.

Waterstone Financial Stock Performance

Shares of WSBF traded up $0.23 on Friday, reaching $13.84. 23,489 shares of the company's stock traded hands, compared to its average volume of 43,711. The company has a current ratio of 1.48, a quick ratio of 1.36 and a debt-to-equity ratio of 1.64. The stock has a market cap of $267.39 million, a PE ratio of 13.70 and a beta of 0.64. The stock's 50 day simple moving average is $13.63 and its two-hundred day simple moving average is $14.38. Waterstone Financial, Inc. has a 52-week low of $10.60 and a 52-week high of $16.86.

Waterstone Financial (NASDAQ:WSBF - Get Free Report) last issued its quarterly earnings results on Tuesday, January 28th. The savings and loans company reported $0.28 EPS for the quarter. Waterstone Financial had a return on equity of 5.75% and a net margin of 9.23%.

Waterstone Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, February 3rd. Shareholders of record on Wednesday, January 8th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 4.34%. The ex-dividend date was Wednesday, January 8th. Waterstone Financial's dividend payout ratio (DPR) is 59.41%.

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.