Seizert Capital Partners LLC trimmed its holdings in shares of Waterstone Financial, Inc. (NASDAQ:WSBF) by 4.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 176,740 shares of the savings and loans company’s stock after selling 7,741 shares during the period. Seizert Capital Partners LLC owned approximately 0.64% of Waterstone Financial worth $3,015,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also modified their holdings of the company. Meeder Asset Management Inc. increased its holdings in shares of Waterstone Financial by 169.5% during the second quarter. Meeder Asset Management Inc. now owns 2,180 shares of the savings and loans company’s stock valued at $38,000 after purchasing an additional 1,371 shares during the period. Asset Planning Services Ltd. acquired a new position in Waterstone Financial during the second quarter worth about $62,000. Nisa Investment Advisors LLC grew its holdings in Waterstone Financial by 719.3% during the first quarter. Nisa Investment Advisors LLC now owns 4,670 shares of the savings and loans company’s stock worth $77,000 after acquiring an additional 4,100 shares during the period. Legal & General Group Plc grew its holdings in Waterstone Financial by 16.9% during the fourth quarter. Legal & General Group Plc now owns 4,721 shares of the savings and loans company’s stock worth $79,000 after acquiring an additional 684 shares during the period. Finally, BNP Paribas Arbitrage SA grew its holdings in Waterstone Financial by 317.6% during the first quarter. BNP Paribas Arbitrage SA now owns 5,174 shares of the savings and loans company’s stock worth $85,000 after acquiring an additional 3,935 shares during the period. 58.39% of the stock is currently owned by institutional investors.
NASDAQ:WSBF traded down $0.44 during mid-day trading on Friday, reaching $16.31. 57,267 shares of the stock were exchanged, compared to its average volume of 56,454. The business has a fifty day moving average price of $16.84 and a 200 day moving average price of $16.66. The firm has a market capitalization of $462.97 million, a PE ratio of 14.90 and a beta of 0.08. Waterstone Financial, Inc. has a 1-year low of $15.20 and a 1-year high of $17.29. The company has a current ratio of 1.59, a quick ratio of 1.35 and a debt-to-equity ratio of 1.34.
The company also recently announced a quarterly dividend, which was paid on Friday, August 2nd. Investors of record on Friday, July 12th were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 2.94%. The ex-dividend date was Thursday, July 11th.
In related news, COO William F. Bruss sold 2,250 shares of Waterstone Financial stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of $16.60, for a total transaction of $37,350.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 12.10% of the stock is owned by insiders.
Separately, BidaskClub lowered Waterstone Financial from a “buy” rating to a “hold” rating in a report on Saturday, August 10th.
About Waterstone Financial
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 through 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, and money transfer services, as well as credit, debit, and pre-paid cards; investable funds solutions comprising savings, money market deposit, and individual retirement accounts, as well as certificates of deposit; lending solutions consisting of 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, and insurance products, as well as trust and investment management accounts.
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