Waterstone Financial, Inc. (NASDAQ:WSBF) Shares Sold by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC trimmed its holdings in shares of Waterstone Financial, Inc. (NASDAQ:WSBF) by 68.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,441 shares of the savings and loans company’s stock after selling 7,637 shares during the quarter. Tower Research Capital LLC TRC’s holdings in Waterstone Financial were worth $49,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. BKM Wealth Management LLC purchased a new stake in Waterstone Financial during the fourth quarter worth about $28,000. CWM LLC increased its stake in Waterstone Financial by 555.6% during the 4th quarter. CWM LLC now owns 2,747 shares of the savings and loans company’s stock worth $39,000 after buying an additional 2,328 shares during the period. SG Americas Securities LLC purchased a new stake in Waterstone Financial during the 4th quarter worth approximately $138,000. Los Angeles Capital Management LLC purchased a new stake in Waterstone Financial during the 4th quarter worth approximately $170,000. Finally, Pinnacle Wealth Planning Services Inc. purchased a new stake in Waterstone Financial during the 4th quarter worth approximately $197,000. 62.71% of the stock is owned by institutional investors and hedge funds.

Waterstone Financial Stock Down 1.4 %

WSBF traded down $0.16 during trading hours on Tuesday, hitting $11.34. 92,980 shares of the company’s stock were exchanged, compared to its average volume of 57,795. Waterstone Financial, Inc. has a 12-month low of $9.62 and a 12-month high of $15.56. The firm has a 50 day moving average of $11.69 and a 200 day moving average of $12.28. The firm has a market cap of $225.89 million, a P/E ratio of 24.65 and a beta of 0.59. The company has a current ratio of 1.55, a quick ratio of 1.41 and a debt-to-equity ratio of 1.78.

Waterstone Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 8th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 5.29%. The ex-dividend date of this dividend is Friday, April 5th. Waterstone Financial’s payout ratio is currently 130.43%.

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.