Cwm LLC Purchases 2,328 Shares of Waterstone Financial, Inc. (NASDAQ:WSBF)

Cwm LLC grew its position in Waterstone Financial, Inc. (NASDAQ:WSBF) by 555.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,747 shares of the savings and loans company’s stock after acquiring an additional 2,328 shares during the quarter. Cwm LLC’s holdings in Waterstone Financial were worth $39,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of WSBF. Strs Ohio grew its position in Waterstone Financial by 6.1% in the third quarter. Strs Ohio now owns 26,000 shares of the savings and loans company’s stock worth $284,000 after acquiring an additional 1,500 shares in the last quarter. BKM Wealth Management LLC bought a new stake in shares of Waterstone Financial in the 4th quarter valued at approximately $28,000. Brandywine Global Investment Management LLC boosted its holdings in shares of 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 worth $1,803,000 after purchasing an additional 2,800 shares during the period. Seizert Capital Partners LLC increased its position in Waterstone Financial by 3.0% during the third 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 during the last quarter. Finally, Bank of New York Mellon Corp raised its stake in shares of Waterstone Financial by 3.9% in the third quarter. Bank of New York Mellon Corp now owns 141,375 shares of the savings and loans company’s stock valued at $1,548,000 after acquiring an additional 5,323 shares during the period. 62.71% of the stock is owned by hedge funds and other institutional investors.

Waterstone Financial Price Performance

Waterstone Financial stock opened at $12.53 on Friday. The firm has a market capitalization of $249.56 million, a PE ratio of 24.10 and a beta of 0.60. Waterstone Financial, Inc. has a 12-month low of $9.62 and a 12-month high of $15.56. The firm has a 50-day moving average price of $11.64 and a 200-day moving average price of $12.33. 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 company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 1st. Shareholders of record on Monday, April 8th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 4.79%. The ex-dividend date was Friday, April 5th. Waterstone Financial’s payout ratio is currently 115.38%.

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.