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

Waterstone Financial, Inc. (NASDAQ:WSBF) Director Stephen J. Schmidt sold 2,687 shares of the firm’s stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $15.80, for a total transaction of $42,454.60. Following the transaction, 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Waterstone Financial Price Performance

Shares of NASDAQ WSBF opened at $15.38 on Friday. The business has a 50-day moving average of $14.93 and a 200-day moving average of $13.88. Waterstone Financial, Inc. has a fifty-two week low of $10.60 and a fifty-two week high of $16.86. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.48 and a quick ratio of 1.36. The stock has a market capitalization of $297.91 million, a price-to-earnings ratio of 21.07 and a beta of 0.63.

Waterstone Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 1st. Investors of record on Tuesday, October 8th were issued 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 3.90%. Waterstone Financial’s payout ratio is 82.19%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. ProShare Advisors LLC bought a new stake in Waterstone Financial in the second quarter valued at approximately $30,000. CWM LLC raised its position in shares of Waterstone Financial by 63.3% in the second quarter. CWM LLC now owns 3,588 shares of the savings and loans company’s stock valued at $46,000 after purchasing an additional 1,391 shares during the period. BNP Paribas Financial Markets lifted its stake in shares of 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 worth $102,000 after buying an additional 3,243 shares during the last quarter. State Board of Administration of Florida Retirement System bought a new stake in shares of Waterstone Financial during the 1st quarter worth about $176,000. Finally, GSA Capital Partners LLP acquired a new stake in Waterstone Financial during the third quarter worth approximately $291,000. 62.71% of the stock is currently owned by institutional investors and hedge funds.

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.