Thomas E. Dalum Sells 5,740 Shares of Waterstone Financial, Inc. (NASDAQ:WSBF) Stock

Waterstone Financial, Inc. (NASDAQ:WSBF) Director Thomas E. Dalum sold 5,740 shares of the stock in a transaction dated Monday, November 22nd. The shares were sold at an average price of $21.80, for a total value of $125,132.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of WSBF stock opened at $21.47 on Thursday. Waterstone Financial, Inc. has a fifty-two week low of $17.47 and a fifty-two week high of $22.18. The company has a quick ratio of 1.22, a current ratio of 1.52 and a debt-to-equity ratio of 1.07. The firm has a market capitalization of $535.16 million, a price-to-earnings ratio of 5.98 and a beta of 0.31. The company has a 50-day moving average price of $20.74.

Waterstone Financial (NASDAQ:WSBF) last issued its earnings results on Monday, October 18th. The savings and loans company reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.18. Waterstone Financial had a return on equity of 20.04% and a net margin of 28.31%. On average, equities analysts expect that Waterstone Financial, Inc. will post 2.92 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, November 2nd. Stockholders of record on Monday, October 11th were paid a $0.20 dividend. The ex-dividend date of this dividend was Thursday, October 7th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.73%. Waterstone Financial’s payout ratio is 22.28%.

Separately, Zacks Investment Research lowered Waterstone Financial from a “buy” rating to a “hold” rating in a report on Wednesday, September 15th.

Several institutional investors and hedge funds have recently modified their holdings of WSBF. Hotchkis & Wiley Capital Management LLC purchased a new stake in shares of Waterstone Financial in the third quarter worth about $4,509,000. AQR Capital Management LLC boosted its position in Waterstone Financial by 122.7% during the second quarter. AQR Capital Management LLC now owns 163,964 shares of the savings and loans company’s stock worth $3,224,000 after purchasing an additional 90,331 shares in the last quarter. Bridgeway Capital Management LLC boosted its position in Waterstone Financial by 79.7% during the second quarter. Bridgeway Capital Management LLC now owns 186,200 shares of the savings and loans company’s stock worth $3,661,000 after purchasing an additional 82,600 shares in the last quarter. Seizert Capital Partners LLC boosted its position in Waterstone Financial by 61.3% during the second quarter. Seizert Capital Partners LLC now owns 209,871 shares of the savings and loans company’s stock worth $4,126,000 after purchasing an additional 79,786 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its position in Waterstone Financial by 25.9% during the third quarter. Arrowstreet Capital Limited Partnership now owns 340,534 shares of the savings and loans company’s stock worth $6,978,000 after purchasing an additional 70,092 shares in the last quarter. Hedge funds and other institutional investors own 56.46% of the company’s stock.

About Waterstone Financial

Waterstone Financial, Inc operates as a loan holding company, which provides principal lending activities. The firm operates through the following segments: Community Banking and Mortgage Banking. The Community Banking segment provides consumer and business banking products and services to customers primarily within Southeastern Wisconsin.

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