Commonwealth Equity Services LLC grew its holdings in Waterstone Financial, Inc. (NASDAQ:WSBF) by 15.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 59,105 shares of the savings and loans company’s stock after purchasing an additional 7,832 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Waterstone Financial were worth $1,013,000 at the end of the most recent reporting period.
Several other large investors have also bought and sold shares of the company. Dimensional Fund Advisors LP grew its position in shares of Waterstone Financial by 3.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,873,262 shares of the savings and loans company’s stock worth $31,939,000 after buying an additional 58,289 shares during the last quarter. BlackRock Inc. grew its position in shares of Waterstone Financial by 3.6% in the 2nd quarter. BlackRock Inc. now owns 1,588,181 shares of the savings and loans company’s stock worth $27,078,000 after buying an additional 55,000 shares during the last quarter. Citadel Advisors LLC grew its position in shares of Waterstone Financial by 184.3% in the 2nd quarter. Citadel Advisors LLC now owns 69,876 shares of the savings and loans company’s stock worth $1,191,000 after buying an additional 45,302 shares during the last quarter. Renaissance Technologies LLC grew its position in shares of Waterstone Financial by 1.2% in the 2nd quarter. Renaissance Technologies LLC now owns 2,450,474 shares of the savings and loans company’s stock worth $41,781,000 after buying an additional 28,089 shares during the last quarter. Finally, American Century Companies Inc. grew its position in shares of Waterstone Financial by 30.5% in the 2nd quarter. American Century Companies Inc. now owns 68,054 shares of the savings and loans company’s stock worth $1,160,000 after buying an additional 15,892 shares during the last quarter. Institutional investors and hedge funds own 58.73% of the company’s stock.
A number of research analysts have recently issued reports on WSBF shares. UBS Group reaffirmed a “sell” rating and issued a $12.75 price objective on shares of Waterstone Financial in a research report on Thursday, August 9th. BidaskClub downgraded shares of Waterstone Financial from a “sell” rating to a “strong sell” rating in a research report on Friday, August 10th. Finally, ValuEngine downgraded shares of Waterstone Financial from a “hold” rating to a “sell” rating in a research report on Tuesday, October 2nd.
Shares of Waterstone Financial stock opened at $16.76 on Friday. The company has a current ratio of 1.59, a quick ratio of 1.40 and a debt-to-equity ratio of 1.11. Waterstone Financial, Inc. has a 52-week low of $15.20 and a 52-week high of $19.35. The company has a market capitalization of $483.76 million, a PE ratio of 15.12 and a beta of 0.12.
Waterstone Financial (NASDAQ:WSBF) last released its earnings results on Tuesday, October 23rd. The savings and loans company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.03. The company had revenue of $47.91 million for the quarter. Waterstone Financial had a net margin of 14.65% and a return on equity of 7.64%.
The business also recently announced a quarterly dividend, which was paid on Friday, November 2nd. Shareholders of record on Friday, October 12th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 2.86%. The ex-dividend date of this dividend was Thursday, October 11th.
Waterstone Financial 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 through two segments, Community Banking and Mortgage Banking. The Community Banking segment provides consumer and business banking products and services, such as deposit and transactional solutions, including checking accounts, online banking and bill pay services, and money transfer services, as well as credit, debit, and pre-paid cards; investable funds solutions comprising savings, money market deposit, and individual retirement accounts, as well as certificates of deposit; lending solutions consisting of 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, and insurance products, as well as trust and investment management accounts.
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