StockNews.com Downgrades Waterstone Financial (NASDAQ:WSBF) to Hold

Waterstone Financial (NASDAQ:WSBF - Get Free Report) was downgraded by research analysts at StockNews.com from a "buy" rating to a "hold" rating in a research report issued on Tuesday.

Waterstone Financial Stock Down 1.1 %

Shares of WSBF stock traded down $0.15 on Tuesday, hitting $14.07. The stock had a trading volume of 80,104 shares, compared to its average volume of 54,498. The company has a quick ratio of 1.36, a current ratio of 1.48 and a debt-to-equity ratio of 1.64. The business has a 50 day moving average price of $13.58 and a 200 day moving average price of $14.41. The company has a market cap of $272.58 million, a PE ratio of 13.93 and a beta of 0.64. Waterstone Financial has a one year low of $10.60 and a one year high of $16.86.

Waterstone Financial (NASDAQ:WSBF - Get Free Report) last released 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%.

Insider Activity at Waterstone Financial

In other Waterstone Financial news, Director Stephen J. Schmidt sold 14,928 shares of the business's stock in a transaction dated Friday, January 31st. The shares were sold at an average price of $13.80, for a total value of $206,006.40. Following the completion of the transaction, the director now directly owns 70,078 shares in the company, valued at approximately $967,076.40. The trade was a 17.56 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders sold 26,909 shares of company stock worth $371,670 over the last three months. 8.30% of the stock is owned by corporate insiders.

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Hedge Funds Weigh In On Waterstone Financial

A number of large investors have recently added to or reduced their stakes in the company. Wells Fargo & Company MN raised its holdings in Waterstone Financial by 27.8% in 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 in the last quarter. Bank of America Corp DE grew its stake in shares of Waterstone Financial by 8.0% during the 4th quarter. Bank of America Corp DE now owns 31,552 shares of the savings and loans company's stock worth $424,000 after purchasing an additional 2,350 shares during the period. Barclays PLC grew its stake in shares of Waterstone Financial by 16.1% during the 4th quarter. Barclays PLC now owns 24,187 shares of the savings and loans company's stock worth $325,000 after purchasing an additional 3,363 shares during the period. Empowered Funds LLC grew its stake in shares of Waterstone Financial by 5.0% during the 4th quarter. Empowered Funds LLC now owns 77,773 shares of the savings and loans company's stock worth $1,045,000 after purchasing an additional 3,705 shares during the period. Finally, Bridgeway Capital Management LLC grew its stake in shares of Waterstone Financial by 0.9% during the 4th quarter. Bridgeway Capital Management LLC now owns 431,520 shares of the savings and loans company's stock worth $5,800,000 after purchasing an additional 3,705 shares during the period. 62.71% of the stock is currently owned by institutional investors.

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.