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 company’s stock in a transaction dated 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 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 document filed with the SEC, which can be accessed through the SEC website.

Waterstone Financial Price Performance

Shares of NASDAQ:WSBF opened at $15.15 on Wednesday. The firm has a market capitalization of $293.46 million, a price-to-earnings ratio of 20.75 and a beta of 0.63. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.48 and a quick ratio of 1.36. The business’s 50 day simple moving average is $14.99 and its 200-day simple moving average is $14.04. Waterstone Financial, Inc. has a 12 month low of $10.60 and a 12 month high of $16.86.

Waterstone Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 1st. Shareholders of record on Tuesday, October 8th were given a dividend of $0.15 per share. The ex-dividend date was Tuesday, October 8th. This represents a $0.60 dividend on an annualized basis and a yield of 3.96%. Waterstone Financial’s payout ratio is 82.19%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of 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 worth $12,399,000 after buying an additional 3,531 shares in the last quarter. State Street Corp lifted 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 purchasing an additional 3,799 shares in the last quarter. Foundry Partners LLC grew its position in shares of Waterstone Financial by 19.4% in the third quarter. Foundry Partners LLC now owns 205,165 shares of the savings and loans company’s stock valued at $3,016,000 after purchasing an additional 33,305 shares during the last quarter. American Century Companies Inc. increased its stake in shares of Waterstone Financial by 1.4% during the 2nd quarter. American Century Companies Inc. now owns 158,780 shares of the savings and loans company’s stock worth $2,031,000 after purchasing an additional 2,188 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of Waterstone Financial by 4.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 90,978 shares of the savings and loans company’s stock worth $1,164,000 after purchasing an additional 3,926 shares during the last quarter. 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.