Insider Selling: Waterstone Financial, Inc. (NASDAQ:WSBF) Director Sells $53,475.00 in Stock

Waterstone Financial, Inc. (NASDAQ:WSBF) Director Ellen Syburg Bartel sold 3,565 shares of the company’s stock in a transaction that occurred on Friday, August 30th. The shares were sold at an average price of $15.00, for a total transaction of $53,475.00. Following the completion of the transaction, the director now owns 15,000 shares of the company’s stock, valued at $225,000. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

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

• On Thursday, September 5th, Ellen Syburg Bartel sold 15,030 shares of Waterstone Financial stock. The stock was sold at an average price of $15.00, for a total transaction of $225,450.00.
• On Tuesday, September 3rd, Ellen Syburg Bartel sold 2,129 shares of Waterstone Financial stock. The stock was sold at an average price of $15.01, for a total value of $31,956.29.

Waterstone Financial Trading Down 0.9 %

NASDAQ WSBF opened at $14.75 on Friday. Waterstone Financial, Inc. has a 12 month low of $9.62 and a 12 month high of $15.66. The company has a current ratio of 1.57, a quick ratio of 1.39 and a debt-to-equity ratio of 1.97. The firm has a market capitalization of $287.04 million, a PE ratio of 28.37 and a beta of 0.64. The business’s 50-day moving average price is $14.23 and its two-hundred day moving average price is $12.76.

Waterstone Financial (NASDAQ:WSBF) last announced its 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 business had revenue of $37.18 million for the quarter.

Waterstone Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, August 1st. Investors of record on Monday, July 8th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 4.07%. The ex-dividend date of this dividend was Monday, July 8th. Waterstone Financial’s dividend payout ratio is presently 115.39%.

Hedge Funds Weigh In On Waterstone Financial

Several hedge funds and other institutional investors have recently bought and sold shares of the company. AQR Capital Management LLC grew its holdings in Waterstone Financial by 223.5% during the 2nd quarter. AQR Capital Management LLC now owns 42,506 shares of the savings and loans company’s stock worth $544,000 after acquiring an additional 29,366 shares during the period. ProShare Advisors LLC acquired a new stake in Waterstone Financial during the second quarter worth approximately $30,000. American Century Companies Inc. increased its holdings in Waterstone Financial by 1.4% in the second quarter. American Century Companies Inc. now owns 158,780 shares of the savings and loans company’s stock worth $2,031,000 after purchasing an additional 2,188 shares in the last quarter. Los Angeles Capital Management LLC lifted its stake in Waterstone Financial by 5.4% in the second quarter. Los Angeles Capital Management LLC now owns 23,575 shares of the savings and loans company’s stock valued at $302,000 after buying an additional 1,200 shares during the period. Finally, Foundry Partners LLC boosted its holdings in shares of Waterstone Financial by 6.2% during the 2nd quarter. Foundry Partners LLC now owns 171,860 shares of the savings and loans company’s stock worth $2,198,000 after buying an additional 10,000 shares in the last quarter. Institutional investors and hedge funds 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.