Hsbc Holdings PLC Makes New $204,000 Investment in Waterstone Financial, Inc. $WSBF

Hsbc Holdings PLC bought a new position in Waterstone Financial, Inc. (NASDAQ:WSBF) in the first quarter, according to the company in its most recent disclosure with the SEC. The fund bought 15,050 shares of the savings and loans company’s stock, valued at approximately $204,000. Hsbc Holdings PLC owned 0.08% of Waterstone Financial at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in WSBF. GAMMA Investing LLC grew its position in Waterstone Financial by 16,614.3% in the 1st quarter. GAMMA Investing LLC now owns 2,340 shares of the savings and loans company’s stock worth $31,000 after purchasing an additional 2,326 shares during the period. Russell Investments Group Ltd. boosted its stake in shares of Waterstone Financial by 297.4% during the 1st 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 last quarter. Wells Fargo & Company MN boosted its stake in shares of Waterstone Financial by 27.8% during the 4th quarter. Wells Fargo & Company MN now owns 9,441 shares of the savings and loans company’s stock worth $127,000 after acquiring an additional 2,055 shares during the last quarter. Deutsche Bank AG purchased a new position in shares of Waterstone Financial during the 4th quarter worth $143,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Waterstone Financial during the 1st quarter worth $198,000. Institutional investors own 62.71% of the company’s stock.

Insider Transactions at Waterstone Financial

In other Waterstone Financial news, Director Michael L. Hansen sold 109,527 shares of the business’s stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $14.05, for a total transaction of $1,538,854.35. Following the completion of the sale, the director owned 1,541 shares of the company’s stock, valued at approximately $21,651.05. The trade was a 98.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders sold a total of 185,000 shares of company stock worth $2,585,720 over the last three months. Insiders own 7.40% of the company’s stock.

Waterstone Financial Price Performance

Shares of Waterstone Financial stock opened at $14.77 on Friday. The company’s fifty day simple moving average is $13.98 and its 200-day simple moving average is $13.40. The stock has a market capitalization of $275.89 million, a PE ratio of 12.96 and a beta of 0.75. Waterstone Financial, Inc. has a 1-year low of $11.61 and a 1-year high of $16.86.

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

Waterstone Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 1st. Shareholders of record on Tuesday, July 8th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Tuesday, July 8th. Waterstone Financial’s payout ratio is currently 52.63%.

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.