Waterstone Financial (NASDAQ:WSBF) Stock Price Passes Below 200-Day Moving Average of $12.52

Shares of Waterstone Financial, Inc. (NASDAQ:WSBFGet Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $12.52 and traded as low as $11.82. Waterstone Financial shares last traded at $11.83, with a volume of 26,639 shares traded.

Waterstone Financial Trading Down 3.4 %

The business’s 50-day simple moving average is $11.85 and its two-hundred day simple moving average is $12.52. The firm has a market capitalization of $232.34 million, a price-to-earnings ratio of 22.75 and a beta of 0.60. The company has a quick ratio of 1.41, a current ratio of 1.56 and a debt-to-equity ratio of 1.88.

Waterstone Financial (NASDAQ:WSBFGet Free Report) last posted its earnings results on Tuesday, April 30th. The savings and loans company reported $0.20 earnings per share for the quarter. The firm had revenue of $32.39 million during the quarter. Waterstone Financial had a net margin of 5.45% and a return on equity of 3.18%.

Waterstone Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 1st. Stockholders of record on Monday, April 8th were paid a $0.15 dividend. The ex-dividend date of this dividend was Friday, April 5th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.07%. Waterstone Financial’s payout ratio is presently 115.39%.

Hedge Funds Weigh In On Waterstone Financial

Several hedge funds have recently bought and sold shares of WSBF. BKM Wealth Management LLC acquired a new stake in shares of Waterstone Financial during the fourth quarter worth about $28,000. CWM LLC increased its stake in Waterstone Financial by 555.6% during the 4th quarter. CWM LLC now owns 2,747 shares of the savings and loans company’s stock worth $39,000 after buying an additional 2,328 shares during the period. PNC Financial Services Group Inc. lifted its holdings in Waterstone Financial by 1,979.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,327 shares of the savings and loans company’s stock worth $47,000 after buying an additional 3,167 shares in the last quarter. BNP Paribas Financial Markets boosted its position in Waterstone Financial by 62.9% in the 1st 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 period. Finally, SG Americas Securities LLC acquired a new position in shares of Waterstone Financial in the fourth quarter worth $138,000. Institutional investors and hedge funds own 62.71% of the company’s stock.

Waterstone Financial Company Profile

(Get Free Report)

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.

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