Waterstone Financial (NASDAQ:WSBF) Share Price Crosses Below 200 Day Moving Average - Time to Sell?

Waterstone Financial, Inc. (NASDAQ:WSBF - Get Free Report) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $14.45 and traded as low as $12.75. Waterstone Financial shares last traded at $12.99, with a volume of 47,899 shares changing hands.

Waterstone Financial Stock Performance

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 firm has a 50 day moving average of $14.32 and a 200-day moving average of $14.45. The company has a market cap of $252.00 million, a P/E ratio of 17.79 and a beta of 0.65.

Waterstone Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Wednesday, January 8th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Wednesday, January 8th. This represents a $0.60 annualized dividend and a yield of 4.61%. Waterstone Financial's dividend payout ratio (DPR) is presently 82.19%.

Insider Buying and Selling at Waterstone Financial

In other Waterstone Financial news, Director Stephen J. Schmidt sold 4,209 shares of the company's stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $16.04, for a total value of $67,512.36. Following the sale, the director now directly owns 70,078 shares of the company's stock, valued at approximately $1,124,051.12. This represents a 5.67 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold a total of 17,544 shares of company stock worth $274,113 over the last three months. Corporate insiders own 8.30% of the company's stock.

Institutional Trading of Waterstone Financial

A number of institutional investors and hedge funds have recently made changes to their positions in the business. John G Ullman & Associates Inc. boosted its stake in Waterstone Financial by 165.0% during the third quarter. John G Ullman & Associates Inc. now owns 90,826 shares of the savings and loans company's stock worth $1,335,000 after buying an additional 56,554 shares during the last quarter. Foundry Partners LLC grew its position in Waterstone Financial by 19.4% in the 3rd quarter. Foundry Partners LLC now owns 205,165 shares of the savings and loans company's stock valued at $3,016,000 after acquiring an additional 33,305 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of Waterstone Financial by 223.5% during the second quarter. AQR Capital Management LLC now owns 42,506 shares of the savings and loans company's stock worth $544,000 after purchasing an additional 29,366 shares in the last quarter. JPMorgan Chase & Co. boosted its position in Waterstone Financial by 73.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 51,913 shares of the savings and loans company's stock valued at $763,000 after buying an additional 21,902 shares during the period. Finally, GSA Capital Partners LLP acquired a new position in Waterstone Financial during the 3rd quarter worth $291,000. 62.71% of the stock is currently owned by hedge funds and other 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.