Waterstone Financial (NASDAQ:WSBF) Stock Price Crosses Below Two Hundred Day Moving Average - Time to Sell?

Waterstone Financial, Inc. (NASDAQ:WSBF - Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-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 traded.

Waterstone Financial Price Performance

The firm has a market capitalization of $252.20 million, a price-to-earnings ratio of 17.84 and a beta of 0.65. 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 stock's 50 day moving average price is $14.32 and its two-hundred day moving average price is $14.45.

Waterstone Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 8th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 4.61%. The ex-dividend date is Wednesday, January 8th. Waterstone Financial's payout ratio is presently 82.19%.

Insider Buying and Selling at Waterstone Financial

In other Waterstone Financial news, Director Stephen J. Schmidt sold 2,194 shares of the firm's stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $15.78, for a total transaction of $34,621.32. Following the transaction, the director now directly owns 70,078 shares in the company, valued at $1,105,830.84. This trade represents a 3.04 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold 17,544 shares of company stock worth $274,113 over the last ninety days. 8.30% of the stock is currently owned by insiders.

Institutional Trading of Waterstone Financial

Several large investors have recently made changes to their positions in WSBF. ProShare Advisors LLC acquired a new stake in Waterstone Financial in the 2nd quarter worth approximately $30,000. GSA Capital Partners LLP bought a new stake in shares of Waterstone Financial during the 3rd quarter worth $291,000. Barclays PLC grew its stake in Waterstone Financial by 242.1% in the 3rd 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 last quarter. Jane Street Group LLC raised its holdings 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 acquiring an additional 7,310 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. raised its holdings in Waterstone Financial by 79.9% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 31,108 shares of the savings and loans company's stock worth $457,000 after acquiring an additional 13,819 shares during the period. Institutional investors own 62.71% of the company's stock.

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.