Waterstone Financial, Inc. (NASDAQ:WSBF) Director Stephen J. Schmidt Sells 2,687 Shares

Waterstone Financial, Inc. (NASDAQ:WSBF) Director Stephen J. Schmidt sold 2,687 shares of Waterstone Financial stock in a transaction that occurred on 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 transaction, the director now directly owns 70,078 shares in the company, valued at $1,107,232.40. This trade represents a 3.69 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Waterstone Financial Trading Down 0.6 %

WSBF stock traded down $0.09 during mid-day trading on Friday, reaching $15.28. The company’s stock had a trading volume of 6,535 shares, compared to its average volume of 44,662. The company has a market cap of $295.97 million, a price-to-earnings ratio of 21.05 and a beta of 0.63. Waterstone Financial, Inc. has a 12 month low of $10.60 and a 12 month high of $16.86. The business’s 50 day moving average price is $14.91 and its 200 day moving average price is $13.84. The company has a current ratio of 1.48, a quick ratio of 1.36 and a debt-to-equity ratio of 1.64.

Waterstone Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 1st. Shareholders of record on Tuesday, October 8th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 3.93%. The ex-dividend date of this dividend was Tuesday, October 8th. Waterstone Financial’s dividend payout ratio is 82.19%.

Institutional Trading of Waterstone Financial

A number of large investors have recently bought and sold shares of the company. ProShare Advisors LLC bought a new position in Waterstone Financial in the 2nd quarter valued at $30,000. CWM LLC boosted its position in Waterstone Financial by 63.3% during the second quarter. CWM LLC now owns 3,588 shares of the savings and loans company’s stock valued at $46,000 after buying an additional 1,391 shares during the period. BNP Paribas Financial Markets lifted its stake in shares of Waterstone Financial by 62.9% in the 1st quarter. BNP Paribas Financial Markets now owns 8,398 shares of the savings and loans company’s stock valued at $102,000 after acquiring an additional 3,243 shares during the last quarter. State Board of Administration of Florida Retirement System purchased a new stake in Waterstone Financial during the 1st quarter valued at about $176,000. Finally, Quadrature Capital Ltd bought a new position in Waterstone Financial during the 1st quarter worth approximately $274,000. 62.71% of the stock is 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.