Insider Selling: Waterstone Financial, Inc. (NASDAQ:WSBF) Director Sells 2,687 Shares of Stock

Waterstone Financial, Inc. (NASDAQ:WSBF) Director Stephen J. Schmidt sold 2,687 shares of the business’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $15.80, for a total transaction of $42,454.60. Following the completion of the sale, the director now directly owns 70,078 shares of the company’s stock, valued at $1,107,232.40. This represents a 3.69 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Waterstone Financial Stock Performance

WSBF opened at $15.38 on Friday. 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, Inc. has a 52-week low of $10.60 and a 52-week high of $16.86. The firm has a market cap of $297.91 million, a P/E ratio of 21.07 and a beta of 0.63. The business’s fifty day moving average is $14.93 and its 200-day moving average is $13.88.

Waterstone Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 1st. Shareholders of record on Tuesday, October 8th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 3.90%. The ex-dividend date of this dividend was Tuesday, October 8th. Waterstone Financial’s dividend payout ratio is currently 82.19%.

Institutional Trading of Waterstone Financial

Institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in Waterstone Financial by 0.3% in the first quarter. Vanguard Group Inc. now owns 1,018,828 shares of the savings and loans company’s stock valued at $12,399,000 after buying an additional 3,531 shares in the last quarter. State Street Corp increased its position in 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 worth $6,795,000 after purchasing an additional 3,799 shares in the last quarter. Foundry Partners LLC boosted its position in Waterstone Financial by 19.4% in the third quarter. Foundry Partners LLC now owns 205,165 shares of the savings and loans company’s stock valued at $3,016,000 after buying an additional 33,305 shares in the last quarter. American Century Companies Inc. grew its stake in shares of Waterstone Financial by 1.4% during the second quarter. American Century Companies Inc. now owns 158,780 shares of the savings and loans company’s stock worth $2,031,000 after buying an additional 2,188 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in shares of Waterstone Financial by 4.5% during the second quarter. Bank of New York Mellon Corp now owns 90,978 shares of the savings and loans company’s stock worth $1,164,000 after buying an additional 3,926 shares in the last quarter. 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.