Waterstone Financial (NASDAQ:WSBF) Shares Cross Below Two Hundred Day Moving Average of $12.21

Waterstone Financial, Inc. (NASDAQ:WSBF)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $12.21 and traded as low as $10.61. Waterstone Financial shares last traded at $10.71, with a volume of 88,062 shares trading hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Waterstone Financial from a “sell” rating to a “hold” rating in a report on Friday, December 15th.

Waterstone Financial Stock Performance

The company has a debt-to-equity ratio of 1.78, a current ratio of 1.55 and a quick ratio of 1.41. The stock has a market capitalization of $214.74 million, a PE ratio of 23.28 and a beta of 0.59. The stock has a 50 day moving average of $12.06 and a two-hundred day moving average of $12.21.

Waterstone Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 8th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Friday, April 5th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.60%. Waterstone Financial’s dividend payout ratio (DPR) is presently 130.43%.

Institutional Trading of Waterstone Financial

A number of institutional investors have recently modified their holdings of WSBF. Swiss National Bank boosted its position in Waterstone Financial by 6.6% during the first quarter. Swiss National Bank now owns 50,100 shares of the savings and loans company’s stock worth $969,000 after purchasing an additional 3,100 shares in the last quarter. Bank of New York Mellon Corp boosted its position in Waterstone Financial by 2.4% during the first quarter. Bank of New York Mellon Corp now owns 192,692 shares of the savings and loans company’s stock worth $3,726,000 after purchasing an additional 4,600 shares in the last quarter. American Century Companies Inc. boosted its position in Waterstone Financial by 27.9% during the first quarter. American Century Companies Inc. now owns 102,043 shares of the savings and loans company’s stock worth $1,974,000 after purchasing an additional 22,256 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in Waterstone Financial during the first quarter worth $1,100,000. Finally, MetLife Investment Management LLC boosted its position in Waterstone Financial by 48.2% during the first quarter. MetLife Investment Management LLC now owns 12,373 shares of the savings and loans company’s stock worth $239,000 after purchasing an additional 4,022 shares in the last quarter. 62.71% of the stock is currently owned by hedge funds and other institutional investors.

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 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.