Waterstone Financial, Inc. (NASDAQ:WSBF) COO William F. Bruss sold 1,200 shares of the stock in a transaction on Friday, November 30th. The stock was sold at an average price of $16.85, for a total value of $20,220.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of Waterstone Financial stock traded down $0.35 during trading on Tuesday, reaching $16.44. 79,500 shares of the stock traded hands, compared to its average volume of 50,271. The firm has a market cap of $483.18 million, a price-to-earnings ratio of 15.10 and a beta of 0.10. The company has a quick ratio of 1.40, a current ratio of 1.59 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 $19.05.
Waterstone Financial (NASDAQ:WSBF) last issued its quarterly earnings data on Tuesday, October 23rd. The savings and loans company reported $0.31 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.28 by $0.03. The firm had revenue of $47.91 million during the quarter. Waterstone Financial had a return on equity of 7.64% and a net margin of 14.65%.
Several institutional investors have recently modified their holdings of the company. Schwab Charles Investment Management Inc. grew its position in shares of Waterstone Financial by 3.5% during the second quarter. Schwab Charles Investment Management Inc. now owns 137,915 shares of the savings and loans company’s stock valued at $2,352,000 after purchasing an additional 4,626 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Waterstone Financial by 0.6% during the third quarter. Vanguard Group Inc. now owns 1,184,516 shares of the savings and loans company’s stock valued at $20,315,000 after purchasing an additional 6,934 shares in the last quarter. MetLife Investment Advisors LLC grew its position in shares of Waterstone Financial by 69.1% during the third quarter. MetLife Investment Advisors LLC now owns 18,429 shares of the savings and loans company’s stock valued at $316,000 after purchasing an additional 7,529 shares in the last quarter. Commonwealth Equity Services LLC grew its position in shares of Waterstone Financial by 15.3% during the third quarter. Commonwealth Equity Services LLC now owns 59,105 shares of the savings and loans company’s stock valued at $1,013,000 after purchasing an additional 7,832 shares in the last quarter. Finally, Millennium Management LLC grew its position in shares of Waterstone Financial by 41.9% during the second quarter. Millennium Management LLC now owns 32,290 shares of the savings and loans company’s stock valued at $551,000 after purchasing an additional 9,534 shares in the last quarter. Hedge funds and other institutional investors own 58.16% 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 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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