American Century Companies Inc. Acquires 1,206 Shares of Waterstone Financial, Inc. $WSBF

American Century Companies Inc. grew its holdings in Waterstone Financial, Inc. (NASDAQ:WSBF) by 0.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 154,347 shares of the savings and loans company’s stock after acquiring an additional 1,206 shares during the period. American Century Companies Inc. owned 0.80% of Waterstone Financial worth $2,076,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Russell Investments Group Ltd. raised its position in Waterstone Financial by 297.4% in the first quarter. Russell Investments Group Ltd. now owns 3,187 shares of the savings and loans company’s stock worth $43,000 after acquiring an additional 2,385 shares during the period. Nuveen LLC bought a new position in Waterstone Financial in the first quarter worth approximately $840,000. Connor Clark & Lunn Investment Management Ltd. raised its position in Waterstone Financial by 49.8% in the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 45,410 shares of the savings and loans company’s stock worth $611,000 after acquiring an additional 15,093 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Waterstone Financial in the first quarter worth approximately $198,000. Finally, Bank of New York Mellon Corp raised its position in Waterstone Financial by 1.6% in the first quarter. Bank of New York Mellon Corp now owns 77,942 shares of the savings and loans company’s stock worth $1,048,000 after acquiring an additional 1,195 shares during the period. 62.71% of the stock is currently owned by institutional investors.

Waterstone Financial Trading Up 2.9%

WSBF opened at $14.99 on Tuesday. Waterstone Financial, Inc. has a 1-year low of $11.61 and a 1-year high of $16.86. The company has a market capitalization of $280.01 million, a PE ratio of 13.15 and a beta of 0.75. The firm’s 50 day simple moving average is $13.91 and its two-hundred day simple moving average is $13.38.

Waterstone Financial (NASDAQ:WSBF) last announced its quarterly earnings data on Tuesday, July 22nd. The savings and loans company reported $0.43 earnings per share (EPS) for the quarter. The firm had revenue of $38.04 million during the quarter. Waterstone Financial had a net margin of 10.47% and a return on equity of 6.07%.

Waterstone Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 1st. Stockholders of record on Tuesday, July 8th were paid a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, July 8th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.0%. Waterstone Financial’s dividend payout ratio is 52.63%.

Insider Activity

In other news, Director Michael L. Hansen sold 109,527 shares of the stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $14.05, for a total value of $1,538,854.35. Following the completion of the sale, the director directly owned 1,541 shares of the company’s stock, valued at $21,651.05. This represents a 98.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have sold 185,000 shares of company stock valued at $2,585,720 over the last three months. Corporate insiders own 8.30% of the company’s stock.

Waterstone Financial Company 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.