Waterstone Financial (NASDAQ:WSBF) EVP Julie Ann Glynn Sells 20,929 Shares

Waterstone Financial, Inc. (NASDAQ:WSBF) EVP Julie Ann Glynn sold 20,929 shares of the business’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $18.19, for a total value of $380,698.51. Following the completion of the transaction, the executive vice president directly owned 9,071 shares of the company’s stock, valued at approximately $165,001.49. This trade represents a 69.76% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Waterstone Financial Stock Up 0.1%

Shares of Waterstone Financial stock opened at $18.61 on Thursday. Waterstone Financial, Inc. has a 12-month low of $11.61 and a 12-month high of $18.88. The company has a market capitalization of $343.54 million, a price-to-earnings ratio of 13.99 and a beta of 0.81. The firm’s 50-day moving average price is $16.97 and its two-hundred day moving average price is $15.57.

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

Waterstone Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, February 2nd. Shareholders of record on Thursday, January 8th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend was Thursday, January 8th. Waterstone Financial’s dividend payout ratio (DPR) is currently 45.11%.

Hedge Funds Weigh In On Waterstone Financial

Hedge funds have recently modified their holdings of the business. EverSource Wealth Advisors LLC raised its position in Waterstone Financial by 557.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,875 shares of the savings and loans company’s stock worth $26,000 after purchasing an additional 1,590 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of Waterstone Financial during the second quarter worth about $28,000. Larson Financial Group LLC bought a new position in Waterstone Financial during the 3rd quarter worth approximately $30,000. SG Americas Securities LLC acquired a new position in shares of Waterstone Financial in the 4th quarter worth approximately $126,000. Finally, Gamco Investors INC. ET AL bought a new stake in shares of Waterstone Financial in the 2nd quarter valued at $138,000. Institutional investors and hedge funds own 62.71% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Waterstone Financial in a research note on Monday, December 29th. Wall Street Zen downgraded shares of Waterstone Financial from a “buy” rating to a “hold” rating in a research note on Sunday, December 14th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

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.