Commonwealth Equity Services LLC Has $399,000 Position in Waterstone Financial, Inc. (NASDAQ:WSBF)

Commonwealth Equity Services LLC trimmed its stake in shares of Waterstone Financial, Inc. (NASDAQ:WSBF) by 3.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,173 shares of the savings and loans company’s stock after selling 1,037 shares during the quarter. Commonwealth Equity Services LLC owned about 0.16% of Waterstone Financial worth $399,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of New York Mellon Corp increased its holdings in shares of Waterstone Financial by 4.5% during the second quarter. Bank of New York Mellon Corp now owns 90,978 shares of the savings and loans company’s stock worth $1,164,000 after purchasing an additional 3,926 shares during the period. CWM LLC grew its holdings in Waterstone Financial by 63.3% during the 2nd quarter. CWM LLC now owns 3,588 shares of the savings and loans company’s stock worth $46,000 after acquiring an additional 1,391 shares during the last quarter. Quadrature Capital Ltd acquired a new stake in shares of Waterstone Financial in the first quarter valued at about $274,000. Vanguard Group Inc. increased its position in Waterstone Financial by 0.3% during the 1st quarter. Vanguard Group Inc. now owns 1,018,828 shares of the savings and loans company’s stock valued at $12,399,000 after purchasing an additional 3,531 shares during the period. Finally, State Board of Administration of Florida Retirement System bought a new position in Waterstone Financial during the 1st quarter worth approximately $176,000. Institutional investors and hedge funds own 62.71% of the company’s stock.

Waterstone Financial Stock Down 3.7 %

Shares of NASDAQ:WSBF opened at $15.67 on Monday. The company has a market capitalization of $307.82 million, a price-to-earnings ratio of 30.13 and a beta of 0.64. The business’s 50-day moving average is $14.66 and its 200-day moving average is $12.96. The company has a debt-to-equity ratio of 1.97, a current ratio of 1.57 and a quick ratio of 1.39. Waterstone Financial, Inc. has a 1 year low of $9.62 and a 1 year high of $16.36.

Waterstone Financial (NASDAQ:WSBF) last posted its quarterly earnings results on Thursday, July 25th. The savings and loans company reported $0.31 earnings per share (EPS) for the quarter. The firm 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 Buying and Selling

In other Waterstone Financial news, Director Ellen Syburg Bartel sold 4,166 shares of Waterstone Financial stock in a transaction on Friday, September 13th. The shares were sold at an average price of $14.89, for a total value of $62,031.74. Following the completion of the sale, the director now directly owns 15,000 shares of the company’s stock, valued at $223,350. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, Director Ellen Syburg Bartel sold 4,166 shares of the business’s stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $14.89, for a total transaction of $62,031.74. Following the completion of the sale, the director now owns 15,000 shares in the company, valued at $223,350. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Michael L. Hansen sold 5,569 shares of the stock in a transaction on Wednesday, August 28th. The stock was 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 owns 79,872 shares in the company, valued at $1,198,080. The disclosure for this sale can be found here. Insiders have sold a total of 30,459 shares of company stock valued at $456,448 over the last ninety days. 8.30% of the stock is owned by corporate insiders.

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.