Key Points
- Insider sale: Director Douglas Gordon sold 2,880 WSBF shares on Feb. 18 at an average $18.11 for $52,156.80, trimming his stake by 0.51% to 556,773 shares; the transaction was disclosed in an SEC filing.
- Share performance: WSBF traded at $18.16 (up $0.23) with a 50‑day/200‑day SMA of $17.41/$15.93, a 52‑week range of $11.61–$18.88, market cap ~$335.2M and a P/E of 13.65.
- Financials & dividend: The company reported quarterly EPS of $0.44 on $37.17M revenue with a 12.08% net margin, and pays a $0.15 quarterly dividend (annualized $0.60) for about a 3.3% yield and a 45.11% payout ratio.
Waterstone Financial, Inc. (NASDAQ:WSBF - Get Free Report) Director Douglas Gordon sold 2,880 shares of the stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $18.11, for a total transaction of $52,156.80. Following the transaction, the director owned 556,773 shares of the company's stock, valued at $10,083,159.03. This represents a 0.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Waterstone Financial Price Performance
Shares of WSBF traded up $0.23 during trading hours on Friday, hitting $18.16. The company's stock had a trading volume of 33,225 shares, compared to its average volume of 45,568. The business has a 50 day simple moving average of $17.41 and a two-hundred day simple moving average of $15.93. Waterstone Financial, Inc. has a 52-week low of $11.61 and a 52-week high of $18.88. The company has a market cap of $335.23 million, a price-to-earnings ratio of 13.65 and a beta of 0.81.
Waterstone Financial (NASDAQ:WSBF - Get Free Report) last announced its quarterly earnings results on Wednesday, January 28th. The savings and loans company reported $0.44 EPS for the quarter. Waterstone Financial had a net margin of 12.08% and a return on equity of 6.99%. The company had revenue of $37.17 million for the quarter.
Waterstone Financial Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, February 2nd. Investors of record on Thursday, January 8th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Thursday, January 8th. Waterstone Financial's payout ratio is presently 45.11%.
Institutional Trading of Waterstone Financial
A number of large investors have recently modified their holdings of WSBF. EverSource Wealth Advisors LLC increased its position in shares of Waterstone Financial by 557.9% in 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 stake in shares of Waterstone Financial during the 2nd quarter worth $28,000. Larson Financial Group LLC purchased a new position in Waterstone Financial in the third quarter worth $30,000. Simplex Trading LLC raised its position in Waterstone Financial by 69.3% during the fourth quarter. Simplex Trading LLC now owns 2,306 shares of the savings and loans company's stock valued at $38,000 after purchasing an additional 944 shares in the last quarter. Finally, SG Americas Securities LLC bought a new stake in Waterstone Financial during the fourth quarter worth about $126,000. Institutional investors own 62.71% of the company's stock.
Wall Street Analyst Weigh In
A number of brokerages have recently issued reports on WSBF. Weiss Ratings reissued 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 report on Sunday, December 14th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, Waterstone Financial has an average rating of "Buy".
Read Our Latest Report on WSBF
Waterstone Financial Company Profile
(
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.
Further Reading
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