Waterstone Financial, Inc. (NASDAQ:WSBF) Director Ellen Syburg Bartel Sells 15,030 Shares

Waterstone Financial, Inc. (NASDAQ:WSBF) Director Ellen Syburg Bartel sold 15,030 shares of the firm’s stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $15.00, for a total transaction of $225,450.00. Following the sale, the director now directly owns 15,000 shares in the company, valued at approximately $225,000. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Ellen Syburg Bartel also recently made the following trade(s):

• On Tuesday, September 3rd, Ellen Syburg Bartel sold 2,129 shares of Waterstone Financial stock. The shares were sold at an average price of $15.01, for a total transaction of $31,956.29.
• On Friday, August 30th, Ellen Syburg Bartel sold 3,565 shares of Waterstone Financial stock. The shares were sold at an average price of $15.00, for a total transaction of $53,475.00.

Waterstone Financial Stock Performance

Shares of WSBF stock opened at $14.75 on Friday. Waterstone Financial, Inc. has a 1 year low of $9.62 and a 1 year high of $15.66. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.39 and a current ratio of 1.57. The firm has a market cap of $287.04 million, a price-to-earnings ratio of 28.37 and a beta of 0.64. The stock’s 50-day moving average is $14.23 and its two-hundred day moving average is $12.76.

Waterstone Financial (NASDAQ:WSBF) last released its quarterly earnings results on Thursday, July 25th. The savings and loans company reported $0.31 EPS for the quarter. Waterstone Financial had a return on equity of 3.73% and a net margin of 6.14%. The company had revenue of $37.18 million for the quarter.

Waterstone Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 1st. Investors of record on Monday, July 8th were given a $0.15 dividend. The ex-dividend date was Monday, July 8th. This represents a $0.60 annualized dividend and a yield of 4.07%. Waterstone Financial’s dividend payout ratio (DPR) is 115.39%.

Institutional Trading of Waterstone Financial

Large investors have recently bought and sold shares of the business. ProShare Advisors LLC acquired a new position in Waterstone Financial in the second quarter valued at $30,000. CWM LLC grew its holdings in shares of Waterstone Financial by 555.6% during the fourth quarter. CWM LLC now owns 2,747 shares of the savings and loans company’s stock worth $39,000 after buying an additional 2,328 shares during the last quarter. PNC Financial Services Group Inc. increased its position in Waterstone Financial by 1,979.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,327 shares of the savings and loans company’s stock valued at $47,000 after acquiring an additional 3,167 shares during the period. BNP Paribas Financial Markets raised its stake in Waterstone Financial by 62.9% during 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. Finally, Arnhold LLC purchased a new stake in Waterstone Financial during the 1st quarter valued at approximately $122,000. Institutional investors and hedge funds 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.