Stephen J. Schmidt Sells 7,280 Shares of Waterstone Financial, Inc. (NASDAQ:WSBF) Stock

Waterstone Financial, Inc. (NASDAQ:WSBF) Director Stephen J. Schmidt sold 7,280 shares of the firm’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $15.34, for a total transaction of $111,675.20. Following the transaction, the director now directly owns 70,078 shares in the company, valued at $1,074,996.52. The trade was a 9.41 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Waterstone Financial Stock Performance

NASDAQ WSBF opened at $15.06 on Thursday. The firm has a market cap of $291.71 million, a P/E ratio of 20.93 and a beta of 0.63. Waterstone Financial, Inc. has a 52-week low of $10.60 and a 52-week high of $16.86. The business’s 50-day moving average price is $14.98 and its 200 day moving average price is $14.06. 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 Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 1st. Shareholders of record on Tuesday, October 8th were paid a $0.15 dividend. The ex-dividend date was Tuesday, October 8th. This represents a $0.60 annualized dividend and a dividend yield of 3.98%. Waterstone Financial’s dividend payout ratio (DPR) is currently 82.19%.

Institutional Investors Weigh In On Waterstone Financial

Large investors have recently modified their holdings of the stock. Vanguard Group Inc. grew its position in Waterstone Financial by 0.3% in the 1st quarter. Vanguard Group Inc. now owns 1,018,828 shares of the savings and loans company’s stock valued at $12,399,000 after buying an additional 3,531 shares during the last quarter. State Street Corp boosted its holdings in shares of Waterstone Financial by 0.8% in the third quarter. State Street Corp now owns 462,234 shares of the savings and loans company’s stock valued at $6,795,000 after acquiring an additional 3,799 shares in the last quarter. Foundry Partners LLC increased its position in Waterstone Financial by 19.4% during the 3rd quarter. Foundry Partners LLC now owns 205,165 shares of the savings and loans company’s stock worth $3,016,000 after purchasing an additional 33,305 shares during the period. American Century Companies Inc. lifted its holdings in shares of Waterstone Financial by 1.4% in the 2nd quarter. American Century Companies Inc. now owns 158,780 shares of the savings and loans company’s stock valued at $2,031,000 after buying an additional 2,188 shares during the period. Finally, Bank of New York Mellon Corp lifted its holdings 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 buying an additional 3,926 shares during the period. Hedge funds and other 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.