Waterstone Financial, Inc. (NASDAQ:WSBF) Shares Acquired by Fmr LLC

Fmr LLC grew its stake in shares of Waterstone Financial, Inc. (NASDAQ:WSBF) by 26.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 71,039 shares of the savings and loans company’s stock after purchasing an additional 14,919 shares during the period. Fmr LLC owned about 0.37% of Waterstone Financial worth $1,044,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of WSBF. ProShare Advisors LLC acquired a new stake in Waterstone Financial during the 2nd quarter worth about $30,000. CWM LLC lifted its holdings in shares of Waterstone Financial by 63.3% in the second quarter. CWM LLC now owns 3,588 shares of the savings and loans company’s stock valued at $46,000 after purchasing an additional 1,391 shares in the last quarter. GSA Capital Partners LLP acquired a new stake in 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% 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 purchasing an additional 1,200 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of Waterstone Financial by 79.9% during 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 purchasing an additional 13,819 shares during the period. Institutional investors and hedge funds own 62.71% of the company’s stock.

Waterstone Financial Stock Down 0.9 %

Waterstone Financial stock opened at $14.67 on Tuesday. Waterstone Financial, Inc. has a twelve month low of $10.60 and a twelve month 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 has a market cap of $284.20 million, a PE ratio of 20.10 and a beta of 0.63. The firm’s 50 day moving average price is $14.98 and its two-hundred day moving average price is $14.30.

Waterstone Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 1st. Investors of record on Tuesday, October 8th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, October 8th. This represents a $0.60 annualized dividend and a dividend yield of 4.09%. Waterstone Financial’s dividend payout ratio is 82.19%.

Insider Buying and Selling

In other Waterstone Financial news, Director Stephen J. Schmidt sold 2,194 shares of Waterstone Financial stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $15.78, for a total value of $34,621.32. Following the completion of the sale, the director now directly owns 70,078 shares in the company, valued at $1,105,830.84. The trade was a 3.04 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Over the last ninety days, insiders sold 17,544 shares of company stock worth $274,113. Corporate 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.