American Century Companies Inc. trimmed its stake in Waterstone Financial, Inc. (NASDAQ:WSBF) by 7.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 57,453 shares of the savings and loans company’s stock after selling 4,960 shares during the period. American Century Companies Inc. owned approximately 0.20% of Waterstone Financial worth $963,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of WSBF. Uniplan Investment Counsel Inc. bought a new stake in shares of Waterstone Financial in the 4th quarter valued at approximately $4,140,000. Dimensional Fund Advisors LP lifted its stake 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 last quarter. BlackRock Inc. lifted its stake in shares of Waterstone Financial by 1.8% in the 4th quarter. BlackRock Inc. now owns 1,613,268 shares of the savings and loans company’s stock valued at $27,037,000 after purchasing an additional 28,225 shares during the last quarter. Rhumbline Advisers lifted its stake in shares of Waterstone Financial by 45.4% in the 4th quarter. Rhumbline Advisers now owns 36,164 shares of the savings and loans company’s stock valued at $606,000 after purchasing an additional 11,287 shares during the last quarter. Finally, Martingale Asset Management L P lifted its stake in shares of Waterstone Financial by 9.5% in the 4th quarter. Martingale Asset Management L P now owns 118,911 shares of the savings and loans company’s stock valued at $1,994,000 after purchasing an additional 10,300 shares during the last quarter. 59.24% of the stock is owned by institutional investors and hedge funds.
Shares of NASDAQ WSBF traded down $0.05 during midday trading on Friday, hitting $16.81. The company’s stock had a trading volume of 41,534 shares, compared to its average volume of 56,394. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.40 and a current ratio of 1.54. Waterstone Financial, Inc. has a 12-month low of $15.20 and a 12-month high of $18.10. The company has a market cap of $471.78 million, a price-to-earnings ratio of 15.33 and a beta of 0.08.
The firm also recently declared a quarterly dividend, which was paid on Friday, May 3rd. Stockholders of record on Friday, April 12th were issued a $0.12 dividend. The ex-dividend date of this dividend was Thursday, April 11th. This represents a $0.48 annualized dividend and a dividend yield of 2.86%.
Separately, BidaskClub raised Waterstone Financial from a “strong sell” rating to a “sell” rating in a research note on Thursday.
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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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