Shares of Waterstone Financial, Inc. (NASDAQ:WSBF - Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $14.40 and traded as low as $13.58. Waterstone Financial shares last traded at $14.21, with a volume of 67,791 shares trading hands.
Analyst Upgrades and Downgrades
Separately, StockNews.com raised shares of Waterstone Financial from a "hold" rating to a "buy" rating in a research note on Tuesday, February 4th.
Check Out Our Latest Analysis on WSBF
Waterstone Financial Price Performance
The company's 50 day moving average price is $13.62 and its 200-day moving average price is $14.40. The stock has a market cap of $284.74 million, a P/E ratio of 14.55 and a beta of 0.64. The company has a quick ratio of 1.36, a current ratio of 1.48 and a debt-to-equity ratio of 1.64.
Waterstone Financial (NASDAQ:WSBF - Get Free Report) last announced its earnings results on Tuesday, January 28th. The savings and loans company reported $0.28 earnings per share for the quarter. Waterstone Financial had a net margin of 9.23% and a return on equity of 5.75%.
Waterstone Financial Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, February 3rd. Investors of record on Wednesday, January 8th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 4.08%. The ex-dividend date was Wednesday, January 8th. Waterstone Financial's dividend payout ratio is presently 59.41%.
Insider Buying and Selling
In other news, Director Stephen J. Schmidt sold 3,097 shares of the company's stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $13.75, for a total transaction of $42,583.75. Following the transaction, the director now owns 70,078 shares in the company, valued at approximately $963,572.50. This represents a 4.23 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders sold 37,079 shares of company stock valued at $528,589 over the last quarter. Insiders own 8.30% of the company's stock.
Hedge Funds Weigh In On Waterstone Financial
Several institutional investors have recently made changes to their positions in WSBF. Wells Fargo & Company MN increased its position in shares of Waterstone Financial by 27.8% during the fourth quarter. Wells Fargo & Company MN now owns 9,441 shares of the savings and loans company's stock worth $127,000 after acquiring an additional 2,055 shares in the last quarter. GSA Capital Partners LLP bought a new stake in shares of Waterstone Financial during the third quarter worth about $291,000. 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 worth $306,000 after acquiring an additional 14,737 shares in the last quarter. Commonwealth Equity Services LLC increased its position in shares of Waterstone Financial by 27.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 24,213 shares of the savings and loans company's stock worth $325,000 after acquiring an additional 5,226 shares in the last quarter. Finally, Proficio Capital Partners LLC bought a new stake in shares of Waterstone Financial during the fourth quarter worth about $365,000. Institutional investors and hedge funds own 62.71% of the company's stock.
About Waterstone Financial
(
Get Free Report)
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.
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