State Street Corp Raises Stock Position in Waterstone Financial, Inc. (NASDAQ:WSBF)

State Street Corp grew its holdings in Waterstone Financial, Inc. (NASDAQ:WSBF) by 0.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 462,234 shares of the savings and loans company’s stock after acquiring an additional 3,799 shares during the period. State Street Corp owned about 2.39% of Waterstone Financial worth $6,795,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the business. ProShare Advisors LLC bought a new stake in Waterstone Financial during the 2nd quarter valued at approximately $30,000. GSA Capital Partners LLP bought a new stake in shares of Waterstone Financial during the third quarter valued at approximately $291,000. Los Angeles Capital Management LLC lifted its holdings in shares of Waterstone Financial by 5.4% in the second quarter. Los Angeles Capital Management LLC now owns 23,575 shares of the savings and loans company’s stock worth $302,000 after buying an additional 1,200 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of Waterstone Financial by 79.9% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 31,108 shares of the savings and loans company’s stock worth $457,000 after buying an additional 13,819 shares in the last quarter. Finally, AQR Capital Management LLC boosted its position in shares of Waterstone Financial by 223.5% during the second quarter. AQR Capital Management LLC now owns 42,506 shares of the savings and loans company’s stock worth $544,000 after acquiring an additional 29,366 shares during the last quarter. Institutional investors own 62.71% of the company’s stock.

Insider Transactions at Waterstone Financial

In related news, Director Stephen J. Schmidt sold 4,209 shares of the firm’s stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $16.04, for a total value of $67,512.36. Following the completion of the transaction, the director now directly owns 70,078 shares of the company’s stock, valued at approximately $1,124,051.12. This trade represents a 5.67 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Over the last three months, insiders have sold 17,544 shares of company stock valued at $274,113. 8.30% of the stock is currently owned by insiders.

Waterstone Financial Stock Performance

Shares of NASDAQ WSBF opened at $13.42 on Friday. The company has a market cap of $259.99 million, a P/E ratio of 18.38 and a beta of 0.63. Waterstone Financial, Inc. has a 52-week low of $10.60 and a 52-week high of $16.86. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.36 and a current ratio of 1.48. The firm’s fifty day moving average is $14.90 and its two-hundred day moving average is $14.37.

Waterstone Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Wednesday, January 8th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Wednesday, January 8th. This represents a $0.60 annualized dividend and a dividend yield of 4.47%. Waterstone Financial’s dividend payout ratio (DPR) is 82.19%.

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 in two segments, Community Banking and Mortgage Banking. The Community Banking segment offers consumer and business banking products and services, such as deposit and transactional solutions, including checking accounts, online banking and bill pay services, money transfer services, as well as credit, debit, and pre-paid cards; investable funds solutions comprising savings, money market deposits, individual retirement accounts, and certificates of deposit; 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, insurance products, and trust and investment management accounts.