Waterstone Financial (NASDAQ:WSBF) Shares Pass Below 200-Day Moving Average – Time to Sell?

Shares of Waterstone Financial, Inc. (NASDAQ:WSBF) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $14.45 and traded as low as $12.75. Waterstone Financial shares last traded at $12.99, with a volume of 47,899 shares.

Waterstone Financial Price Performance

The stock has a fifty day moving average of $14.22 and a 200-day moving average of $14.44. The firm has a market capitalization of $255.68 million, a P/E ratio of 18.08 and a beta of 0.65. The company has a quick ratio of 1.36, a current ratio of 1.48 and a debt-to-equity ratio of 1.64.

Waterstone Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Wednesday, January 8th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 4.55%. The ex-dividend date is Wednesday, January 8th. Waterstone Financial’s dividend payout ratio is 82.19%.

Insider Activity

In other Waterstone Financial news, Director Stephen J. Schmidt sold 2,194 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $15.78, for a total value of $34,621.32. Following the transaction, the director now directly owns 70,078 shares of the company’s stock, valued at approximately $1,105,830.84. This trade represents a 3.04 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last ninety days, insiders sold 17,544 shares of company stock valued at $274,113. Company insiders own 8.30% of the company’s stock.

Institutional Investors Weigh In On Waterstone Financial

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. ProShare Advisors LLC bought a new stake in shares of Waterstone Financial in the 2nd quarter valued at about $30,000. GSA Capital Partners LLP acquired a new position in shares of Waterstone Financial during the third quarter worth about $291,000. Barclays PLC grew its holdings in shares of 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 in the last quarter. Jane Street Group LLC raised its position in Waterstone Financial by 33.6% in 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 buying an additional 7,310 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its stake in Waterstone Financial by 79.9% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 31,108 shares of the savings and loans company’s stock valued at $457,000 after acquiring an additional 13,819 shares in 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.