Waterstone Financial, Inc. (NASDAQ:WSBF) Director Stephen J. Schmidt Sells 2,194 Shares of Stock

Waterstone Financial, Inc. (NASDAQ:WSBF) Director Stephen J. Schmidt sold 2,194 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $15.78, for a total transaction of $34,621.32. Following the transaction, the director now owns 70,078 shares of the company’s stock, valued at approximately $1,105,830.84. The trade was a 3.04 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Waterstone Financial Price Performance

WSBF opened at $15.06 on Thursday. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.36 and a current ratio of 1.48. The firm has a market cap of $291.71 million, a P/E ratio of 20.63 and a beta of 0.63. Waterstone Financial, Inc. has a fifty-two week low of $10.60 and a fifty-two week high of $16.86. The firm has a 50-day moving average of $14.97 and a 200 day moving average of $14.07.

Waterstone Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 1st. Shareholders of record on Tuesday, October 8th were given a dividend of $0.15 per share. The ex-dividend date was Tuesday, October 8th. This represents a $0.60 dividend on an annualized basis and a yield of 3.98%. Waterstone Financial’s dividend payout ratio is presently 82.19%.

Hedge Funds Weigh In On Waterstone Financial

A number of institutional investors and hedge funds have recently added to or reduced their stakes in WSBF. John G Ullman & Associates Inc. boosted its position 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 purchasing an additional 56,554 shares during the period. Foundry Partners LLC boosted its position in Waterstone Financial by 19.4% during the third quarter. Foundry Partners LLC now owns 205,165 shares of the savings and loans company’s stock worth $3,016,000 after purchasing an additional 33,305 shares during the period. AQR Capital Management LLC boosted its position in 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 during the period. Quadrature Capital Ltd bought a new position in Waterstone Financial during the first quarter worth about $274,000. Finally, GSA Capital Partners LLP bought a new position in Waterstone Financial during the third quarter worth about $291,000. Institutional investors own 62.71% of the company’s stock.

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.