Waterstone Financial (NASDAQ:WSBF) Share Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Waterstone Financial, Inc. (NASDAQ:WSBF) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $14.40 and traded as low as $13.58. Waterstone Financial shares last traded at $14.21, with a volume of 67,791 shares trading hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Waterstone Financial from a “hold” rating to a “buy” rating in a research note on Tuesday, February 4th.

Waterstone Financial Stock Up 4.0 %

The company has a debt-to-equity ratio of 1.64, a current ratio of 1.48 and a quick ratio of 1.36. The firm has a 50 day simple moving average of $13.65 and a 200-day simple moving average of $14.40. The stock has a market capitalization of $275.25 million, a price-to-earnings ratio of 14.07 and a beta of 0.64.

Waterstone Financial (NASDAQ:WSBF) last released its quarterly earnings data on Tuesday, January 28th. The savings and loans company reported $0.28 earnings per share (EPS) for the quarter. Waterstone Financial had a return on equity of 5.75% and a net margin of 9.23%.

Waterstone Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, February 3rd. Stockholders of record on Wednesday, January 8th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 4.22%. The ex-dividend date of this dividend was Wednesday, January 8th. Waterstone Financial’s payout ratio is presently 59.41%.

Insider Transactions at Waterstone Financial

In other news, Director Stephen J. Schmidt sold 7,280 shares of the stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $15.34, for a total transaction of $111,675.20. Following the sale, the director now owns 70,078 shares in the company, valued at approximately $1,074,996.52. This represents a 9.41 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last quarter, insiders have sold 30,868 shares of company stock worth $442,939. Insiders own 8.30% of the company’s stock.

Hedge Funds Weigh In On Waterstone Financial

Several hedge funds have recently added to or reduced their stakes in WSBF. GSA Capital Partners LLP bought a new position in Waterstone Financial in the third quarter valued at about $291,000. Barclays PLC boosted its holdings in Waterstone Financial by 242.1% in the third quarter. Barclays PLC now owns 20,824 shares of the savings and loans company’s stock valued at $306,000 after acquiring an additional 14,737 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in Waterstone Financial by 27.5% in the fourth quarter. Commonwealth Equity Services LLC now owns 24,213 shares of the savings and loans company’s stock valued at $325,000 after acquiring an additional 5,226 shares during the last quarter. Proficio Capital Partners LLC bought a new position in Waterstone Financial during the fourth quarter worth about $365,000. Finally, Jane Street Group LLC boosted its holdings in Waterstone Financial by 33.6% during the third quarter. Jane Street Group LLC now owns 29,082 shares of the savings and loans company’s stock worth $428,000 after buying an additional 7,310 shares during the last quarter. Institutional investors own 62.71% of the company’s stock.

About Waterstone Financial

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.