Renaissance Technologies LLC Acquires 28,089 Shares of Waterstone Financial, Inc. (WSBF)

Renaissance Technologies LLC lifted its holdings in shares of Waterstone Financial, Inc. (NASDAQ:WSBF) by 1.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,450,474 shares of the savings and loans company’s stock after purchasing an additional 28,089 shares during the period. Renaissance Technologies LLC owned about 0.08% of Waterstone Financial worth $41,781,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of WSBF. Dimensional Fund Advisors LP boosted its position in Waterstone Financial by 4.5% during the first quarter. Dimensional Fund Advisors LP now owns 1,814,973 shares of the savings and loans company’s stock worth $31,399,000 after acquiring an additional 78,579 shares during the last quarter. BlackRock Inc. boosted its position in Waterstone Financial by 3.6% during the second quarter. BlackRock Inc. now owns 1,588,181 shares of the savings and loans company’s stock worth $27,078,000 after acquiring an additional 55,000 shares during the last quarter. Citadel Advisors LLC boosted its position in Waterstone Financial by 184.3% during the second quarter. Citadel Advisors LLC now owns 69,876 shares of the savings and loans company’s stock worth $1,191,000 after acquiring an additional 45,302 shares during the last quarter. Foundry Partners LLC boosted its position in Waterstone Financial by 22.5% during the second quarter. Foundry Partners LLC now owns 231,950 shares of the savings and loans company’s stock worth $3,955,000 after acquiring an additional 42,650 shares during the last quarter. Finally, Matarin Capital Management LLC acquired a new stake in Waterstone Financial during the first quarter worth approximately $409,000. 58.99% of the stock is owned by institutional investors and hedge funds.

A number of analysts recently issued reports on the stock. BidaskClub upgraded shares of Waterstone Financial from a “sell” rating to a “hold” rating in a research report on Thursday, June 21st. UBS Group reiterated a “sell” rating and issued a $12.75 price target on shares of Waterstone Financial in a report on Thursday, August 9th.

In other Waterstone Financial news, insider Eric J. Egenhoefer sold 25,449 shares of Waterstone Financial stock in a transaction on Thursday, August 9th. The shares were sold at an average price of $17.00, for a total value of $432,633.00. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Eric J. Egenhoefer sold 14,551 shares of Waterstone Financial stock in a transaction on Monday, August 13th. The shares were sold at an average price of $17.00, for a total transaction of $247,367.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 50,734 shares of company stock worth $862,555. 12.00% of the stock is owned by company insiders.

Shares of WSBF opened at $16.90 on Friday. The firm has a market capitalization of $501.12 million, a price-to-earnings ratio of 16.13 and a beta of 0.07. Waterstone Financial, Inc. has a fifty-two week low of $16.60 and a fifty-two week high of $20.05. The company has a current ratio of 1.56, a quick ratio of 1.41 and a debt-to-equity ratio of 1.07.

Waterstone Financial (NASDAQ:WSBF) last announced its quarterly earnings results on Tuesday, July 31st. The savings and loans company reported $0.34 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.32 by $0.02. The company had revenue of $47.04 million for the quarter. Waterstone Financial had a net margin of 14.16% and a return on equity of 7.28%.

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 provides 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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Institutional Ownership by Quarter for Waterstone Financial (NASDAQ:WSBF)

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