Waterstone Financial (NASDAQ:WSBF) Director Douglas Gordon Sells 2,880 Shares

Waterstone Financial, Inc. (NASDAQ:WSBF) Director Douglas Gordon sold 2,880 shares of the stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $18.11, for a total value of $52,156.80. Following the sale, the director owned 556,773 shares in the company, valued at approximately $10,083,159.03. This trade represents a 0.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Waterstone Financial Trading Up 1.0%

Shares of NASDAQ WSBF traded up $0.18 during trading on Friday, reaching $18.11. The company had a trading volume of 9,975 shares, compared to its average volume of 45,828. Waterstone Financial, Inc. has a twelve month low of $11.61 and a twelve month high of $18.88. The stock has a 50-day moving average price of $17.38 and a two-hundred day moving average price of $15.90. The stock has a market capitalization of $334.22 million, a PE ratio of 13.61 and a beta of 0.81.

Waterstone Financial (NASDAQ:WSBF) last posted its quarterly earnings data 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 during the quarter.

Waterstone Financial Dividend Announcement

The company 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. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend was Thursday, January 8th. Waterstone Financial’s payout ratio is currently 45.11%.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on WSBF. Weiss Ratings restated a “buy (b-)” rating on shares of Waterstone Financial in a research report on Monday, December 29th. Wall Street Zen cut Waterstone Financial from a “buy” rating to a “hold” rating in a report on Sunday, December 14th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Waterstone Financial presently has an average rating of “Buy”.

Hedge Funds Weigh In On Waterstone Financial

A number of hedge funds have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC increased its holdings in shares of 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 buying an additional 1,590 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Waterstone Financial during the second quarter worth about $28,000. Larson Financial Group LLC acquired a new stake in Waterstone Financial during the third quarter worth about $30,000. Simplex Trading LLC raised its holdings in shares of Waterstone Financial by 69.3% in the 4th quarter. Simplex Trading LLC now owns 2,306 shares of the savings and loans company’s stock worth $38,000 after purchasing an additional 944 shares during the period. Finally, SG Americas Securities LLC acquired a new position in shares of Waterstone Financial in the 4th quarter valued at about $126,000. Institutional investors and hedge funds 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.