Los Angeles Capital Management LLC Sells 2,600 Shares of Waterstone Financial, Inc. (NASDAQ:WSBF)

Los Angeles Capital Management LLC decreased its stake in Waterstone Financial, Inc. (NASDAQ:WSBF) by 11.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,975 shares of the savings and loans company’s stock after selling 2,600 shares during the period. Los Angeles Capital Management LLC owned 0.11% of Waterstone Financial worth $308,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of WSBF. ProShare Advisors LLC bought a new position in Waterstone Financial in the second quarter valued at approximately $30,000. CWM LLC increased its holdings in Waterstone Financial by 63.3% during the second quarter. CWM LLC now owns 3,588 shares of the savings and loans company’s stock worth $46,000 after buying an additional 1,391 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in Waterstone Financial by 62.9% in the first quarter. BNP Paribas Financial Markets now owns 8,398 shares of the savings and loans company’s stock valued at $102,000 after acquiring an additional 3,243 shares during the last quarter. State Board of Administration of Florida Retirement System bought a new position in shares of Waterstone Financial in the 1st quarter valued at about $176,000. Finally, Quadrature Capital Ltd acquired a new position in shares of Waterstone Financial during the 1st quarter worth about $274,000. Institutional investors and hedge funds own 62.71% of the company’s stock.

Insiders Place Their Bets

In other Waterstone Financial news, Director Ellen Syburg Bartel sold 2,129 shares of the business’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $15.01, for a total transaction of $31,956.29. Following the transaction, the director now owns 15,000 shares of the company’s stock, valued at $225,150. The trade was a 12.43 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Michael L. Hansen sold 5,569 shares of the business’s stock in a transaction that occurred on Wednesday, August 28th. The stock was sold at an average price of $15.00, for a total value of $83,535.00. Following the sale, the director now owns 79,872 shares of the company’s stock, valued at approximately $1,198,080. This represents a 6.52 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 37,355 shares of company stock valued at $566,415 over the last 90 days. 8.30% of the stock is currently owned by insiders.

Waterstone Financial Trading Up 0.1 %

Shares of NASDAQ:WSBF opened at $15.38 on Monday. Waterstone Financial, Inc. has a 52-week low of $10.60 and a 52-week high of $16.86. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.36 and a current ratio of 1.48. The company has a market capitalization of $297.91 million, a P/E ratio of 21.07 and a beta of 0.63. The company has a 50-day simple moving average of $14.93 and a 200 day simple moving average of $13.91.

Waterstone Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 1st. Shareholders of record on Tuesday, October 8th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 3.90%. The ex-dividend date of this dividend was Tuesday, October 8th. Waterstone Financial’s dividend payout ratio (DPR) is presently 82.19%.

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.