Waterstone Financial (NASDAQ:WSBF) Director Douglas Gordon Sells 15,000 Shares

Waterstone Financial, Inc. (NASDAQ:WSBF) Director Douglas Gordon sold 15,000 shares of the firm’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $18.55, for a total value of $278,250.00. Following the sale, the director directly owned 585,134 shares of the company’s stock, valued at $10,854,235.70. This represents a 2.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Waterstone Financial Price Performance

NASDAQ WSBF traded down $0.12 on Friday, reaching $18.18. The stock had a trading volume of 8,007 shares, compared to its average volume of 47,199. The firm has a fifty day moving average of $17.02 and a two-hundred day moving average of $15.59. The company has a market cap of $335.53 million, a P/E ratio of 13.67 and a beta of 0.81. Waterstone Financial, Inc. has a 1-year low of $11.61 and a 1-year high of $18.88.

Waterstone Financial (NASDAQ:WSBF) last announced its earnings results on Wednesday, January 28th. The savings and loans company reported $0.44 EPS for the quarter. Waterstone Financial had a return on equity of 6.99% and a net margin of 12.08%.The firm had revenue of $37.17 million for the quarter.

Waterstone Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, February 2nd. Stockholders of record on Thursday, January 8th were given a $0.15 dividend. The ex-dividend date of this dividend was Thursday, January 8th. This represents a $0.60 annualized dividend and a dividend yield of 3.3%. Waterstone Financial’s dividend payout ratio (DPR) is 45.11%.

Wall Street Analyst Weigh In

WSBF has been the subject of several research analyst reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of Waterstone Financial in a research note on Monday, December 29th. Wall Street Zen downgraded Waterstone Financial from a “buy” rating to a “hold” rating in a research report on Sunday, December 14th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

Institutional Investors Weigh In On Waterstone Financial

Large investors have recently added to or reduced their stakes in the business. AQR Capital Management LLC boosted its stake in Waterstone Financial by 16.7% in the first quarter. AQR Capital Management LLC now owns 45,595 shares of the savings and loans company’s stock worth $613,000 after buying an additional 6,512 shares in the last quarter. Empowered Funds LLC raised its stake in Waterstone Financial by 7.5% in the first quarter. Empowered Funds LLC now owns 83,591 shares of the savings and loans company’s stock worth $1,124,000 after buying an additional 5,818 shares in the last quarter. Jane Street Group LLC lifted its holdings in Waterstone Financial by 29.8% in the first quarter. Jane Street Group LLC now owns 25,843 shares of the savings and loans company’s stock worth $348,000 after buying an additional 5,928 shares during the period. Ritholtz Wealth Management bought a new stake in Waterstone Financial during the 2nd quarter valued at approximately $149,000. Finally, Los Angeles Capital Management LLC raised its position in shares of Waterstone Financial by 7.7% in the 2nd quarter. Los Angeles Capital Management LLC now owns 15,840 shares of the savings and loans company’s stock worth $219,000 after acquiring an additional 1,135 shares in the last quarter. Institutional investors own 62.71% of the company’s stock.

Waterstone Financial Company Profile

Waterstone Financial, Inc is a bank holding company based in Glendale, Wisconsin, that provides a broad range of financial services to individuals, businesses and institutions. Its primary operations are conducted through its wholly owned subsidiary, Waterstone Bank, which offers deposit products, loan facilities and treasury management services. The company focuses on delivering relationship-based banking solutions tailored to the needs of small and medium-sized enterprises as well as retail customers.

In addition to traditional commercial and consumer banking, Waterstone Financial supports its clients with specialized financing, including real estate, equipment and asset-based lending.