Seizert Capital Partners LLC lowered its holdings in shares of Waterstone Financial, Inc. (NASDAQ:WSBF) by 9.6% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 225,032 shares of the savings and loans company’s stock after selling 23,792 shares during the period. Seizert Capital Partners LLC owned 0.82% of Waterstone Financial worth $4,388,000 as of its most recent filing with the SEC.
Several other large investors have also recently modified their holdings of WSBF. Federated Investors Inc. PA boosted its holdings in shares of Waterstone Financial by 13,814.9% during the second quarter. Federated Investors Inc. PA now owns 143,184 shares of the savings and loans company’s stock worth $2,699,000 after acquiring an additional 142,155 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Waterstone Financial by 4.0% during the second quarter. Dimensional Fund Advisors LP now owns 1,616,387 shares of the savings and loans company’s stock worth $30,469,000 after acquiring an additional 62,140 shares during the period. Chicago Equity Partners LLC bought a new stake in shares of Waterstone Financial during the second quarter worth approximately $677,000. Bowling Portfolio Management LLC bought a new stake in shares of Waterstone Financial during the second quarter worth approximately $664,000. Finally, Los Angeles Capital Management & Equity Research Inc. boosted its holdings in shares of Waterstone Financial by 95.0% during the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 70,915 shares of the savings and loans company’s stock worth $1,337,000 after acquiring an additional 34,548 shares during the period. Institutional investors own 58.96% of the company’s stock.
A number of equities research analysts have recently issued reports on WSBF shares. BidaskClub upgraded Waterstone Financial from a “hold” rating to a “buy” rating in a report on Tuesday, August 1st. Sandler O’Neill upgraded shares of Waterstone Financial from a “hold” rating to a “buy” rating and dropped their price target for the company from $20.50 to $20.00 in a research report on Thursday, September 7th.
In other news, insider Rebecca M. Arndt sold 6,000 shares of the 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 12.30% of the stock is currently owned by corporate insiders.
Waterstone Financial, Inc. (WSBF) traded up $0.10 during midday trading on Friday, hitting $18.85. 45,331 shares of the stock were exchanged, compared to its average volume of 73,027. The company has a market capitalization of $561.77, a price-to-earnings ratio of 18.14 and a beta of 0.06. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.58 and a quick ratio of 1.43.
Waterstone Financial (NASDAQ:WSBF) last posted its quarterly earnings data on Tuesday, October 24th. The savings and loans company reported $0.26 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.29 by ($0.03). The firm had revenue of $46.09 million during the quarter. Waterstone Financial had a net margin of 15.14% and a return on equity of 7.11%.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 2nd. Stockholders of record on Thursday, October 12th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 2.55%. The ex-dividend date of this dividend was Wednesday, October 11th. Waterstone Financial’s payout ratio is currently 45.71%.
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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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