Sandler O’Neill set a $19.00 price target on Waterstone Financial (NASDAQ:WSBF) in a report released on Wednesday. The brokerage currently has a hold rating on the savings and loans company’s stock.

Separately, BidaskClub cut Waterstone Financial from a sell rating to a strong sell rating in a report on Friday, December 29th.

Waterstone Financial (WSBF) opened at $17.15 on Wednesday. The firm has a market capitalization of $499.84, a PE ratio of 16.33 and a beta of 0.08. The company has a current ratio of 1.58, a quick ratio of 1.40 and a debt-to-equity ratio of 1.06. Waterstone Financial has a 1-year low of $16.90 and a 1-year high of $20.40.

Waterstone Financial (NASDAQ:WSBF) last announced its quarterly earnings data on Tuesday, October 24th. The savings and loans company reported $0.26 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.29 by ($0.03). The firm had revenue of $46.09 million for the quarter. Waterstone Financial had a net margin of 15.14% and a return on equity of 7.11%.

The business also recently declared a quarterly dividend, which will be paid on Friday, February 2nd. Shareholders of record on Friday, January 12th will be paid a $0.12 dividend. The ex-dividend date is Thursday, January 11th. This represents a $0.48 dividend on an annualized basis and a yield of 2.80%. Waterstone Financial’s dividend payout ratio (DPR) is currently 45.71%.

In other Waterstone Financial news, insider Rebecca M. Arndt sold 6,000 shares of Waterstone Financial stock in a transaction that occurred on Wednesday, October 25th. The stock was sold at an average price of $19.79, for a total value of $118,740.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 12.30% of the stock is owned by insiders.

A number of institutional investors have recently made changes to their positions in the business. Public Employees Retirement System of Ohio purchased a new position in Waterstone Financial in the 3rd quarter worth approximately $473,000. GSA Capital Partners LLP increased its stake in Waterstone Financial by 92.7% in the 3rd quarter. GSA Capital Partners LLP now owns 23,851 shares of the savings and loans company’s stock worth $465,000 after purchasing an additional 11,474 shares during the period. Dimensional Fund Advisors LP increased its stake in Waterstone Financial by 4.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,691,782 shares of the savings and loans company’s stock worth $32,990,000 after purchasing an additional 75,395 shares during the period. Wells Fargo & Company MN increased its stake in Waterstone Financial by 32.4% in the 3rd quarter. Wells Fargo & Company MN now owns 101,061 shares of the savings and loans company’s stock worth $1,970,000 after purchasing an additional 24,733 shares during the period. Finally, Cortina Asset Management LLC increased its stake in Waterstone Financial by 0.9% in the 3rd quarter. Cortina Asset Management LLC now owns 320,391 shares of the savings and loans company’s stock worth $6,248,000 after purchasing an additional 2,809 shares during the period. 59.77% of the stock is currently owned by institutional investors and hedge funds.

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About Waterstone Financial

Waterstone Financial, Inc is the holding company of WaterStone Bank SSB (WaterStone Bank). WaterStone Bank is a community bank. The Company operates in two segments: community banking and mortgage banking. The community banking segment provides consumer and business banking products and services. Its consumer products include loan products, deposit products, and personal investment services.

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