Waterstone Financial, Inc. (NASDAQ:WSBF) Director Stephen J. Schmidt Sells 7,280 Shares

Waterstone Financial, Inc. (NASDAQ:WSBF) Director Stephen J. Schmidt sold 7,280 shares of the company’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $15.34, for a total transaction of $111,675.20. Following the completion of the transaction, the director now owns 70,078 shares in the company, valued at approximately $1,074,996.52. This trade represents a 9.41 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Waterstone Financial Stock Performance

NASDAQ:WSBF opened at $15.15 on Wednesday. Waterstone Financial, Inc. has a 1-year low of $10.60 and a 1-year high of $16.86. The firm has a 50 day simple moving average of $14.99 and a 200-day simple moving average of $14.04. The firm has a market cap of $293.46 million, a PE ratio of 20.75 and a beta of 0.63. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.48 and a quick ratio of 1.36.

Waterstone Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 1st. Shareholders of record on Tuesday, October 8th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.96%. The ex-dividend date was Tuesday, October 8th. Waterstone Financial’s dividend payout ratio is presently 82.19%.

Institutional Investors Weigh In On Waterstone Financial

Several hedge funds have recently made changes to their positions in WSBF. Barclays PLC lifted its position in Waterstone Financial by 242.1% during the third quarter. Barclays PLC now owns 20,824 shares of the savings and loans company’s stock worth $306,000 after buying an additional 14,737 shares during the period. Jane Street Group LLC increased its stake in shares of Waterstone Financial by 33.6% during the 3rd quarter. Jane Street Group LLC now owns 29,082 shares of the savings and loans company’s stock valued at $428,000 after acquiring an additional 7,310 shares during the last quarter. State Street Corp increased its stake in shares of Waterstone Financial by 0.8% during the 3rd quarter. State Street Corp now owns 462,234 shares of the savings and loans company’s stock valued at $6,795,000 after acquiring an additional 3,799 shares during the last quarter. FMR LLC lifted its holdings in shares of Waterstone Financial by 26.6% during the 3rd quarter. FMR LLC now owns 71,039 shares of the savings and loans company’s stock worth $1,044,000 after acquiring an additional 14,919 shares during the period. Finally, John G Ullman & Associates Inc. boosted its position in shares of Waterstone Financial by 165.0% in 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 acquiring an additional 56,554 shares during the last quarter. 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.