Tower Research Capital LLC TRC Has $49,000 Stock Position in Waterstone Financial, Inc. (NASDAQ:WSBF)

Tower Research Capital LLC TRC reduced its holdings in shares of Waterstone Financial, Inc. (NASDAQ:WSBF) by 68.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 3,441 shares of the savings and loans company’s stock after selling 7,637 shares during the period. Tower Research Capital LLC TRC’s holdings in Waterstone Financial were worth $49,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. BKM Wealth Management LLC acquired a new stake in Waterstone Financial during the fourth quarter worth approximately $28,000. CWM LLC lifted its holdings in Waterstone Financial by 555.6% during the fourth quarter. CWM LLC now owns 2,747 shares of the savings and loans company’s stock worth $39,000 after acquiring an additional 2,328 shares during the period. SG Americas Securities LLC bought a new stake in shares of Waterstone Financial in the fourth quarter valued at $138,000. Los Angeles Capital Management LLC bought a new stake in shares of Waterstone Financial in the fourth quarter valued at $170,000. Finally, Pinnacle Wealth Planning Services Inc. purchased a new position in shares of Waterstone Financial in the fourth quarter valued at $197,000. 62.71% of the stock is currently owned by institutional investors.

Waterstone Financial Price Performance

Waterstone Financial stock traded down $0.16 during midday trading on Tuesday, hitting $11.34. 92,980 shares of the company’s stock were exchanged, compared to its average volume of 57,795. Waterstone Financial, Inc. has a 52-week low of $9.62 and a 52-week high of $15.56. The stock has a 50-day moving average price of $11.69 and a two-hundred day moving average price of $12.28. The company has a debt-to-equity ratio of 1.78, a quick ratio of 1.41 and a current ratio of 1.55. The company has a market cap of $225.89 million, a P/E ratio of 24.65 and a beta of 0.59.

Waterstone Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 8th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.29%. The ex-dividend date is Friday, April 5th. Waterstone Financial’s dividend payout ratio (DPR) is presently 130.43%.

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.