Waterstone Financial (WSBF) – Investment Analysts’ Weekly Ratings Updates

A number of firms have modified their ratings and price targets on shares of Waterstone Financial (NASDAQ: WSBF) recently:

  • 11/22/2018 – Waterstone Financial was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 11/21/2018 – Waterstone Financial was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating.
  • 11/14/2018 – Waterstone Financial was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 11/8/2018 – Waterstone Financial was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 10/27/2018 – Waterstone Financial was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 10/12/2018 – Waterstone Financial was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 10/2/2018 – Waterstone Financial was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 9/29/2018 – Waterstone Financial was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.

NASDAQ WSBF opened at $16.68 on Friday. The company has a quick ratio of 1.40, a current ratio of 1.59 and a debt-to-equity ratio of 1.11. Waterstone Financial, Inc. has a one year low of $15.20 and a one year high of $19.35. The company has a market capitalization of $481.45 million, a PE ratio of 15.05 and a beta of 0.12.

Waterstone Financial (NASDAQ:WSBF) last posted its quarterly earnings data on Tuesday, October 23rd. The savings and loans company reported $0.31 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.28 by $0.03. Waterstone Financial had a net margin of 14.65% and a return on equity of 7.64%. The business had revenue of $47.91 million during the quarter.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 2nd. Stockholders of record on Friday, October 12th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 2.88%. The ex-dividend date of this dividend was Thursday, October 11th.

In other news, Director Ellen Syburg Bartel sold 7,734 shares of the firm’s stock in a transaction that occurred on Tuesday, September 11th. The shares were sold at an average price of $17.01, for a total value of $131,555.34. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 12.00% of the company’s stock.

A number of institutional investors have recently modified their holdings of the stock. MetLife Investment Advisors LLC boosted its stake in Waterstone Financial by 69.1% during the third quarter. MetLife Investment Advisors LLC now owns 18,429 shares of the savings and loans company’s stock valued at $316,000 after buying an additional 7,529 shares in the last quarter. Matarin Capital Management LLC acquired a new position in shares of Waterstone Financial in the 3rd quarter valued at $925,000. Dimensional Fund Advisors LP boosted its position in shares of Waterstone Financial by 3.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,932,911 shares of the savings and loans company’s stock valued at $33,149,000 after purchasing an additional 59,649 shares during the period. Seidman Lawrence B boosted its position in shares of Waterstone Financial by 8.6% in the 3rd quarter. Seidman Lawrence B now owns 520,737 shares of the savings and loans company’s stock valued at $8,931,000 after purchasing an additional 41,338 shares during the period. Finally, Commonwealth Equity Services LLC boosted its position in shares of Waterstone Financial by 15.3% in the 3rd quarter. Commonwealth Equity Services LLC now owns 59,105 shares of the savings and loans company’s stock valued at $1,013,000 after purchasing an additional 7,832 shares during the period. Institutional investors own 58.73% of the company’s stock.

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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