Waterstone Financial, Inc. (NASDAQ:WSBF) Shares Sold by Rhumbline Advisers

Rhumbline Advisers lowered its stake in shares of Waterstone Financial, Inc. (NASDAQ:WSBF) by 2.2% during the first quarter, HoldingsChannel reports. The firm owned 35,379 shares of the savings and loans company’s stock after selling 785 shares during the period. Rhumbline Advisers’ holdings in Waterstone Financial were worth $582,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in WSBF. Uniplan Investment Counsel Inc. acquired a new stake in Waterstone Financial during the fourth quarter worth approximately $4,140,000. Dimensional Fund Advisors LP raised its holdings in Waterstone Financial by 2.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,988,431 shares of the savings and loans company’s stock worth $33,326,000 after purchasing an additional 55,520 shares in the last quarter. BlackRock Inc. raised its holdings in Waterstone Financial by 1.8% during the fourth quarter. BlackRock Inc. now owns 1,613,268 shares of the savings and loans company’s stock worth $27,037,000 after purchasing an additional 28,225 shares in the last quarter. Martingale Asset Management L P raised its holdings in Waterstone Financial by 9.5% during the fourth quarter. Martingale Asset Management L P now owns 118,911 shares of the savings and loans company’s stock worth $1,994,000 after purchasing an additional 10,300 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in Waterstone Financial by 2.9% during the fourth quarter. Geode Capital Management LLC now owns 368,040 shares of the savings and loans company’s stock worth $6,168,000 after purchasing an additional 10,236 shares in the last quarter. 58.20% of the stock is currently owned by institutional investors.

WSBF stock traded down $0.03 during midday trading on Wednesday, reaching $16.74. 3,542 shares of the company were exchanged, compared to its average volume of 51,052. The company has a current ratio of 1.54, a quick ratio of 1.42 and a debt-to-equity ratio of 1.17. Waterstone Financial, Inc. has a 1-year low of $15.20 and a 1-year high of $18.10. The stock has a market cap of $468.39 million, a P/E ratio of 15.19 and a beta of 0.08.

Waterstone Financial (NASDAQ:WSBF) last announced its earnings results on Tuesday, April 23rd. The savings and loans company reported $0.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.05. The business had revenue of $37.19 million for the quarter. Waterstone Financial had a net margin of 15.71% and a return on equity of 7.62%.

Separately, BidaskClub raised shares of Waterstone Financial from a “sell” rating to a “hold” rating in a report on Thursday, May 30th.

In other news, Director Ellen Syburg Bartel sold 7,000 shares of the firm’s stock in a transaction that occurred on Friday, May 24th. The shares were sold at an average price of $16.56, for a total transaction of $115,920.00. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, COO William F. Bruss sold 2,250 shares of the firm’s stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of $16.60, for a total transaction of $37,350.00. The disclosure for this sale can be found here. Company insiders own 12.10% of the company’s stock.

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

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