SG Americas Securities LLC Invests $138,000 in Waterstone Financial, Inc. (NASDAQ:WSBF)

SG Americas Securities LLC purchased a new position in shares of Waterstone Financial, Inc. (NASDAQ:WSBF) during the fourth quarter, HoldingsChannel reports. The fund purchased 9,719 shares of the savings and loans company’s stock, valued at approximately $138,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Great Lakes Advisors LLC bought a new position in shares of Waterstone Financial during the third quarter worth $219,000. BKM Wealth Management LLC bought a new stake in Waterstone Financial in the 4th quarter valued at $28,000. Brandywine Global Investment Management LLC lifted its position in Waterstone Financial by 1.7% in the 3rd quarter. Brandywine Global Investment Management LLC now owns 164,690 shares of the savings and loans company’s stock valued at $1,803,000 after acquiring an additional 2,800 shares in the last quarter. Seizert Capital Partners LLC lifted its position in Waterstone Financial by 3.0% in the 3rd quarter. Seizert Capital Partners LLC now owns 155,904 shares of the savings and loans company’s stock valued at $1,707,000 after acquiring an additional 4,580 shares in the last quarter. Finally, Strs Ohio lifted its position in Waterstone Financial by 6.1% in the 3rd quarter. Strs Ohio now owns 26,000 shares of the savings and loans company’s stock valued at $284,000 after acquiring an additional 1,500 shares in the last quarter. 62.71% of the stock is owned by institutional investors.

Waterstone Financial Trading Down 1.4 %

WSBF opened at $10.84 on Wednesday. The stock has a market capitalization of $215.93 million, a P/E ratio of 23.57 and a beta of 0.59. Waterstone Financial, Inc. has a 12 month low of $9.62 and a 12 month high of $15.56. The firm’s fifty day simple moving average is $11.93 and its 200 day simple moving average is $12.21. The company has a current ratio of 1.55, a quick ratio of 1.41 and a debt-to-equity ratio of 1.78.

Waterstone Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 8th will be given a $0.15 dividend. The ex-dividend date of this dividend is Friday, April 5th. This represents a $0.60 annualized dividend and a yield of 5.54%. Waterstone Financial’s dividend payout ratio is currently 130.43%.

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.