Renaissance Technologies LLC Decreases Position in Waterstone Financial, Inc. (NASDAQ:WSBF)

Renaissance Technologies LLC decreased its holdings in shares of Waterstone Financial, Inc. (NASDAQ:WSBF) by 1.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,261,236 shares of the savings and loans company’s stock after selling 25,000 shares during the quarter. Renaissance Technologies LLC owned approximately 6.42% of Waterstone Financial worth $16,131,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. CWM LLC increased its position in Waterstone Financial by 63.3% during the second quarter. CWM LLC now owns 3,588 shares of the savings and loans company’s stock worth $46,000 after buying an additional 1,391 shares during the period. PNC Financial Services Group Inc. increased its position in Waterstone Financial by 1,979.4% during the fourth quarter. PNC Financial Services Group Inc. now owns 3,327 shares of the savings and loans company’s stock worth $47,000 after buying an additional 3,167 shares during the period. BNP Paribas Financial Markets increased its position in Waterstone Financial by 62.9% during the first quarter. BNP Paribas Financial Markets now owns 8,398 shares of the savings and loans company’s stock worth $102,000 after buying an additional 3,243 shares during the period. Arnhold LLC acquired a new position in Waterstone Financial during the first quarter worth approximately $122,000. Finally, State Board of Administration of Florida Retirement System acquired a new position in Waterstone Financial during the first quarter worth approximately $176,000. Hedge funds and other institutional investors own 62.71% of the company’s stock.

Waterstone Financial Trading Down 3.7 %

WSBF opened at $15.67 on Friday. The firm has a market cap of $307.82 million, a price-to-earnings ratio of 30.13 and a beta of 0.64. Waterstone Financial, Inc. has a 52 week low of $9.62 and a 52 week high of $16.36. The business’s 50 day moving average is $14.66 and its two-hundred day moving average is $12.96. The company has a quick ratio of 1.39, a current ratio of 1.57 and a debt-to-equity ratio of 1.97.

Waterstone Financial (NASDAQ:WSBF) last released its quarterly earnings results on Thursday, July 25th. The savings and loans company reported $0.31 EPS for the quarter. The company had revenue of $37.18 million for the quarter. Waterstone Financial had a return on equity of 3.73% and a net margin of 6.14%.

Insider Activity

In other news, Director Ellen Syburg Bartel sold 2,129 shares of the business’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $15.01, for a total value of $31,956.29. Following the transaction, the director now owns 15,000 shares of the company’s stock, valued at $225,150. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In other news, Director Ellen Syburg Bartel sold 2,129 shares of the business’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $15.01, for a total value of $31,956.29. Following the transaction, the director now owns 15,000 shares of the company’s stock, valued at $225,150. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Michael L. Hansen sold 5,569 shares of the business’s stock in a transaction that occurred on Wednesday, August 28th. The shares were sold at an average price of $15.00, for a total value of $83,535.00. Following the completion of the transaction, the director now directly owns 79,872 shares in the company, valued at approximately $1,198,080. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 30,459 shares of company stock valued at $456,448. Company insiders own 8.30% of the company’s stock.

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.