Foundry Partners LLC Sells 2,915 Shares of Waterstone Financial, Inc. (NASDAQ:WSBF)

Foundry Partners LLC reduced its position in Waterstone Financial, Inc. (NASDAQ:WSBF) by 1.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 162,670 shares of the savings and loans company’s stock after selling 2,915 shares during the quarter. Foundry Partners LLC owned approximately 0.79% of Waterstone Financial worth $2,310,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of WSBF. Exchange Traded Concepts LLC boosted its stake in shares of Waterstone Financial by 24.4% in the 3rd quarter. Exchange Traded Concepts LLC now owns 31,208 shares of the savings and loans company’s stock valued at $342,000 after purchasing an additional 6,120 shares during the last quarter. Arnhold LLC boosted its stake in shares of Waterstone Financial by 33.3% in the 3rd quarter. Arnhold LLC now owns 20,000 shares of the savings and loans company’s stock valued at $219,000 after purchasing an additional 5,000 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Waterstone Financial by 3.9% in the 3rd quarter. Bank of New York Mellon Corp now owns 141,375 shares of the savings and loans company’s stock valued at $1,548,000 after purchasing an additional 5,323 shares during the last quarter. Strs Ohio boosted its stake in shares of Waterstone Financial by 6.1% in the 3rd quarter. Strs Ohio now owns 26,000 shares of the savings and loans company’s stock valued at $284,000 after purchasing an additional 1,500 shares during the last quarter. Finally, Seizert Capital Partners LLC boosted its stake in shares of Waterstone Financial by 3.0% in the 3rd quarter. Seizert Capital Partners LLC now owns 155,904 shares of the savings and loans company’s stock valued at $1,707,000 after purchasing an additional 4,580 shares during the last quarter. 62.71% of the stock is owned by institutional investors.

Waterstone Financial Trading Down 0.4 %

NASDAQ:WSBF opened at $11.54 on Tuesday. The firm has a market cap of $229.88 million, a P/E ratio of 25.09 and a beta of 0.59. Waterstone Financial, Inc. has a 52 week low of $9.62 and a 52 week high of $15.56. The firm’s fifty day moving average is $11.85 and its 200-day moving average is $12.23. The company has a debt-to-equity ratio of 1.78, a quick ratio of 1.41 and a current ratio of 1.55.

Waterstone Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Monday, April 8th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.20%. The ex-dividend date of this dividend is Friday, April 5th. Waterstone Financial’s payout ratio is 130.43%.

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.