Waterstone Financial, Inc. (NASDAQ:WSBF) Director Stephen J. Schmidt Sells 14,928 Shares

Waterstone Financial, Inc. (NASDAQ:WSBF - Get Free Report) Director Stephen J. Schmidt sold 14,928 shares of the business's stock in a transaction dated Friday, January 31st. The stock was sold at an average price of $13.80, for a total transaction of $206,006.40. Following the transaction, the director now owns 70,078 shares in the company, valued at approximately $967,076.40. This trade represents a 17.56 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Waterstone Financial Stock Performance

WSBF traded down $0.01 during midday trading on Thursday, reaching $13.74. The company had a trading volume of 39,407 shares, compared to its average volume of 56,550. Waterstone Financial, Inc. has a 12-month low of $10.60 and a 12-month high of $16.86. The business has a 50-day moving average price of $13.75 and a two-hundred day moving average price of $14.44. The stock has a market cap of $266.14 million, a PE ratio of 13.60 and a beta of 0.64. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.36 and a current ratio of 1.48.

Waterstone Financial (NASDAQ:WSBF - Get Free Report) last announced its quarterly earnings data on Tuesday, January 28th. The savings and loans company reported $0.28 earnings per share 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 firm also recently announced a quarterly dividend, which was paid on Monday, February 3rd. Shareholders of record on Wednesday, January 8th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, January 8th. This represents a $0.60 dividend on an annualized basis and a yield of 4.37%. Waterstone Financial's dividend payout ratio is presently 59.41%.

Analyst Ratings Changes

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

Institutional Trading of Waterstone Financial

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Barclays PLC increased its position in shares of Waterstone Financial by 242.1% during the third quarter. Barclays PLC now owns 20,824 shares of the savings and loans company's stock valued at $306,000 after buying an additional 14,737 shares during the period. JPMorgan Chase & Co. lifted its stake in Waterstone Financial by 73.0% during 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. State Street Corp increased its position in shares of Waterstone Financial by 0.8% during the 3rd quarter. State Street Corp now owns 462,234 shares of the savings and loans company's stock valued at $6,795,000 after purchasing an additional 3,799 shares during the last quarter. John G Ullman & Associates Inc. raised its holdings in shares of Waterstone Financial by 165.0% during the 3rd 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 buying an additional 56,554 shares in the last quarter. Finally, Jane Street Group LLC lifted its position in Waterstone Financial by 33.6% in the 3rd quarter. Jane Street Group LLC now owns 29,082 shares of the savings and loans company's stock worth $428,000 after buying an additional 7,310 shares during the last quarter. 62.71% of the stock is currently owned by institutional investors.

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.