Key Points
- EVP Julie Ann Glynn sold 20,929 shares of WSBF on Feb. 2 at an average price of $18.19, generating $380,698 and cutting her ownership by 69.76% to 9,071 shares.
- Waterstone reported quarterly EPS of $0.44 on $37.17M revenue, pays a $0.15 quarterly dividend (3.2% yield, 45.11% payout ratio), and its stock trades near its one‑year high (range $11.61–$18.88).
Waterstone Financial, Inc. (NASDAQ:WSBF - Get Free Report) EVP Julie Ann Glynn sold 20,929 shares of Waterstone Financial stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $18.19, for a total value of $380,698.51. Following the completion of the transaction, the executive vice president directly owned 9,071 shares of the company's stock, valued at approximately $165,001.49. This trade represents a 69.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Waterstone Financial Price Performance
Shares of Waterstone Financial stock opened at $18.61 on Thursday. The stock's 50-day moving average is $16.97 and its 200 day moving average is $15.57. Waterstone Financial, Inc. has a one year low of $11.61 and a one year high of $18.88. The firm has a market cap of $343.54 million, a price-to-earnings ratio of 13.99 and a beta of 0.81.
Waterstone Financial (NASDAQ:WSBF - Get Free Report) last issued its quarterly earnings results on Wednesday, January 28th. The savings and loans company reported $0.44 earnings per share (EPS) for the quarter. The firm had revenue of $37.17 million for the quarter. Waterstone Financial had a return on equity of 6.99% and a net margin of 12.08%.
Waterstone Financial Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, February 2nd. Shareholders of record on Thursday, January 8th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend was Thursday, January 8th. Waterstone Financial's payout ratio is 45.11%.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently commented on WSBF shares. Weiss Ratings restated a "buy (b-)" rating on shares of Waterstone Financial in a report on Monday, December 29th. Wall Street Zen lowered shares of Waterstone Financial from a "buy" rating to a "hold" rating in a research note on Sunday, December 14th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, Waterstone Financial has a consensus rating of "Buy".
Check Out Our Latest Analysis on Waterstone Financial
Institutional Trading of Waterstone Financial
Several institutional investors and hedge funds have recently made changes to their positions in WSBF. EverSource Wealth Advisors LLC boosted its holdings in Waterstone Financial by 557.9% during the second quarter. EverSource Wealth Advisors LLC now owns 1,875 shares of the savings and loans company's stock worth $26,000 after purchasing an additional 1,590 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of Waterstone Financial during the 2nd quarter worth approximately $28,000. Larson Financial Group LLC purchased a new position in shares of Waterstone Financial in the 3rd quarter worth approximately $30,000. SG Americas Securities LLC bought a new position in shares of Waterstone Financial in the fourth quarter valued at approximately $126,000. Finally, Gamco Investors INC. ET AL bought a new stake in Waterstone Financial during the second quarter worth $138,000. Hedge funds and other institutional investors own 62.71% of the company's stock.
About Waterstone Financial
(
Get Free Report)
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.
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