Geode Capital Management LLC Sells 8,609 Shares of Waterstone Financial, Inc. (NASDAQ:WSBF)

Geode Capital Management LLC reduced its position in shares of Waterstone Financial, Inc. (NASDAQ:WSBF) by 2.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 396,430 shares of the savings and loans company’s stock after selling 8,609 shares during the period. Geode Capital Management LLC owned 2.05% of Waterstone Financial worth $5,828,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of WSBF. ProShare Advisors LLC acquired a new position in Waterstone Financial during the 2nd quarter worth $30,000. GSA Capital Partners LLP acquired a new position in shares of Waterstone Financial during the 3rd quarter worth about $291,000. Los Angeles Capital Management LLC lifted its position in shares of Waterstone Financial by 5.4% during the 2nd quarter. Los Angeles Capital Management LLC now owns 23,575 shares of the savings and loans company’s stock worth $302,000 after purchasing an additional 1,200 shares during the last quarter. Barclays PLC boosted its stake in Waterstone Financial by 242.1% during the 3rd quarter. Barclays PLC now owns 20,824 shares of the savings and loans company’s stock valued at $306,000 after purchasing an additional 14,737 shares during the period. Finally, Jane Street Group LLC grew its holdings in Waterstone Financial by 33.6% in the 3rd quarter. Jane Street Group LLC now owns 29,082 shares of the savings and loans company’s stock valued at $428,000 after buying an additional 7,310 shares during the last quarter. 62.71% of the stock is currently owned by institutional investors and hedge funds.

Waterstone Financial Stock Down 0.4 %

Shares of WSBF stock opened at $13.05 on Friday. The stock has a 50 day moving average of $14.72 and a 200-day moving average of $14.42. The firm has a market cap of $252.82 million, a PE ratio of 17.88 and a beta of 0.65. The company has a quick ratio of 1.36, a current ratio of 1.48 and a debt-to-equity ratio of 1.64. Waterstone Financial, Inc. has a 12 month low of $10.60 and a 12 month high of $16.86.

Waterstone Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Wednesday, January 8th will be given a $0.15 dividend. The ex-dividend date of this dividend is Wednesday, January 8th. This represents a $0.60 annualized dividend and a yield of 4.60%. Waterstone Financial’s dividend payout ratio is 82.19%.

Insiders Place Their Bets

In related news, Director Stephen J. Schmidt sold 2,687 shares of Waterstone Financial stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $15.80, for a total transaction of $42,454.60. Following the sale, the director now directly owns 70,078 shares of the company’s stock, valued at $1,107,232.40. This trade represents a 3.69 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have sold 17,544 shares of company stock worth $274,113 in the last ninety days. Insiders own 8.30% 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 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.