Waterstone Financial, Inc. (NASDAQ:WSBF) Shares Acquired by Bank of New York Mellon Corp

Bank of New York Mellon Corp lifted its stake in shares of Waterstone Financial, Inc. (NASDAQ:WSBF) by 4.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 90,978 shares of the savings and loans company’s stock after buying an additional 3,926 shares during the period. Bank of New York Mellon Corp owned approximately 0.46% of Waterstone Financial worth $1,164,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in WSBF. BHZ Capital Management LP purchased a new position in Waterstone Financial in the 4th quarter worth $453,000. PNC Financial Services Group Inc. lifted its holdings in shares of Waterstone Financial by 1,979.4% during the fourth quarter. PNC Financial Services Group Inc. now owns 3,327 shares of the savings and loans company’s stock worth $47,000 after purchasing an additional 3,167 shares during the period. Los Angeles Capital Management LLC boosted its position in Waterstone Financial by 87.0% in the first quarter. Los Angeles Capital Management LLC now owns 22,375 shares of the savings and loans company’s stock valued at $272,000 after buying an additional 10,410 shares during the last quarter. BNP Paribas Financial Markets boosted its position in Waterstone Financial by 62.9% in the first quarter. BNP Paribas Financial Markets now owns 8,398 shares of the savings and loans company’s stock valued at $102,000 after buying an additional 3,243 shares during the last quarter. Finally, Empowered Funds LLC increased its holdings in Waterstone Financial by 8.1% in the 1st quarter. Empowered Funds LLC now owns 65,276 shares of the savings and loans company’s stock worth $794,000 after buying an additional 4,900 shares during the period. 62.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Waterstone Financial

In related news, Director Michael L. Hansen sold 5,569 shares of Waterstone Financial stock in a transaction that occurred on Wednesday, August 28th. The stock was sold at an average price of $15.00, for a total transaction of $83,535.00. Following the completion of the transaction, the director now directly owns 79,872 shares in the company, valued at $1,198,080. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, Director Ellen Syburg Bartel sold 4,166 shares of the stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $14.89, for a total transaction of $62,031.74. Following the sale, the director now directly owns 15,000 shares of the company’s stock, valued at approximately $223,350. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Michael L. Hansen sold 5,569 shares of Waterstone Financial stock in a transaction dated Wednesday, August 28th. The shares were sold at an average price of $15.00, for a total value of $83,535.00. Following the completion of the transaction, the director now owns 79,872 shares of the company’s stock, valued at approximately $1,198,080. The disclosure for this sale can be found here. Insiders have sold 30,459 shares of company stock worth $456,448 over the last quarter. 8.30% of the stock is currently owned by insiders.

Waterstone Financial Stock Performance

Shares of NASDAQ WSBF opened at $15.67 on Friday. The company has a 50 day simple moving average of $14.66 and a two-hundred day simple moving average of $12.95. The stock has a market cap of $304.94 million, a price-to-earnings ratio of 30.14 and a beta of 0.64. The company has a current ratio of 1.57, a quick ratio of 1.39 and a debt-to-equity ratio of 1.97. Waterstone Financial, Inc. has a 12 month low of $9.62 and a 12 month high of $16.36.

Waterstone Financial (NASDAQ:WSBF) last posted its earnings results on Thursday, July 25th. The savings and loans company reported $0.31 earnings per share (EPS) for the quarter. The company had revenue of $37.18 million during the quarter. Waterstone Financial had a net margin of 6.14% and a return on equity of 3.73%.

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.