Stephen J. Schmidt Sells 2,194 Shares of Waterstone Financial, Inc. (NASDAQ:WSBF) Stock

Waterstone Financial, Inc. (NASDAQ:WSBF) Director Stephen J. Schmidt sold 2,194 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $15.78, for a total value of $34,621.32. Following the completion of the transaction, the director now owns 70,078 shares in the company, valued at $1,105,830.84. The trade was a 3.04 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Waterstone Financial Trading Down 0.6 %

WSBF stock opened at $15.06 on Friday. The company has a market capitalization of $291.71 million, a price-to-earnings ratio of 20.63 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, Inc. has a 1-year low of $10.60 and a 1-year high of $16.86. The business has a 50 day simple moving average of $14.94 and a two-hundred day simple moving average of $14.07.

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 given a $0.15 dividend. The ex-dividend date was Tuesday, October 8th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.98%. Waterstone Financial’s dividend payout ratio is currently 82.19%.

Institutional Investors Weigh In On Waterstone Financial

Large investors have recently bought and sold shares of the business. State Board of Administration of Florida Retirement System bought a new position in Waterstone Financial during the first quarter valued at $176,000. Vanguard Group Inc. grew its position in Waterstone Financial by 0.3% in the first quarter. Vanguard Group Inc. now owns 1,018,828 shares of the savings and loans company’s stock worth $12,399,000 after acquiring an additional 3,531 shares in the last quarter. Quadrature Capital Ltd bought a new stake in Waterstone Financial during the first quarter worth approximately $274,000. CWM LLC raised 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 purchasing an additional 1,391 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in shares of Waterstone Financial by 4.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 90,978 shares of the savings and loans company’s stock valued at $1,164,000 after purchasing an additional 3,926 shares during the last quarter. Institutional investors own 62.71% of the company’s stock.

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.