Waterstone Financial, Inc. (NASDAQ:WSBF) Shares Sold by Jane Street Group LLC

Jane Street Group LLC lessened its stake in Waterstone Financial, Inc. (NASDAQ:WSBF) by 31.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 19,915 shares of the savings and loans company’s stock after selling 9,167 shares during the quarter. Jane Street Group LLC owned 0.10% of Waterstone Financial worth $268,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of WSBF. Northern Trust Corp raised its holdings in Waterstone Financial by 3.2% in the 4th quarter. Northern Trust Corp now owns 163,551 shares of the savings and loans company’s stock worth $2,198,000 after purchasing an additional 5,029 shares during the period. Fourthstone LLC acquired a new position in Waterstone Financial in the 4th quarter worth about $504,000. Barclays PLC raised its holdings in Waterstone Financial by 16.1% in the 4th quarter. Barclays PLC now owns 24,187 shares of the savings and loans company’s stock worth $325,000 after purchasing an additional 3,363 shares during the period. Wells Fargo & Company MN raised its holdings in Waterstone Financial by 27.8% in the 4th quarter. Wells Fargo & Company MN now owns 9,441 shares of the savings and loans company’s stock worth $127,000 after purchasing an additional 2,055 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its holdings in Waterstone Financial by 8.4% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 110,709 shares of the savings and loans company’s stock worth $1,488,000 after purchasing an additional 8,584 shares during the period. Institutional investors and hedge funds own 62.71% of the company’s stock.

Waterstone Financial Price Performance

Shares of Waterstone Financial stock opened at $13.17 on Wednesday. The business has a 50 day simple moving average of $12.53 and a two-hundred day simple moving average of $13.46. Waterstone Financial, Inc. has a 12 month low of $11.61 and a 12 month high of $16.86. The stock has a market capitalization of $254.12 million, a P/E ratio of 13.04 and a beta of 0.71. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.48 and a quick ratio of 1.36.

Waterstone Financial (NASDAQ:WSBF) last posted its quarterly earnings results on Tuesday, April 22nd. The savings and loans company reported $0.17 earnings per share (EPS) for the quarter. The business had revenue of $29.67 million during the quarter. Waterstone Financial had a return on equity of 5.75% and a net margin of 9.23%.

Waterstone Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, May 1st. Stockholders of record on Tuesday, April 8th were given a $0.15 dividend. The ex-dividend date was Tuesday, April 8th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.56%. Waterstone Financial’s dividend payout ratio (DPR) is presently 58.82%.

Analyst Ratings Changes

Separately, Wall Street Zen cut Waterstone Financial from a “buy” rating to a “hold” rating in a report on Friday, April 25th.

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.