Dean Capital Management Sells 33,560 Shares of Waterstone Financial, Inc. (NASDAQ:WSBF)

Dean Capital Management lowered its position in Waterstone Financial, Inc. (NASDAQ:WSBF - Free Report) by 49.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 33,819 shares of the savings and loans company's stock after selling 33,560 shares during the quarter. Dean Capital Management owned about 0.17% of Waterstone Financial worth $455,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in WSBF. Bridgeway Capital Management LLC grew its stake in Waterstone Financial by 0.9% in the 4th quarter. Bridgeway Capital Management LLC now owns 431,520 shares of the savings and loans company's stock valued at $5,800,000 after buying an additional 3,705 shares in the last quarter. Bank of America Corp DE grew its position in shares of Waterstone Financial by 8.0% during the 4th quarter. Bank of America Corp DE now owns 31,552 shares of the savings and loans company's stock valued at $424,000 after purchasing an additional 2,350 shares in the last quarter. Northern Trust Corp grew its position in shares of Waterstone Financial by 3.2% during the 4th quarter. Northern Trust Corp now owns 163,551 shares of the savings and loans company's stock valued at $2,198,000 after purchasing an additional 5,029 shares in the last quarter. Fourthstone LLC purchased a new position in shares of Waterstone Financial during the 4th quarter valued at $504,000. Finally, Barclays PLC grew its position in shares of Waterstone Financial by 16.1% during the 4th quarter. Barclays PLC now owns 24,187 shares of the savings and loans company's stock valued at $325,000 after purchasing an additional 3,363 shares in the last quarter. Hedge funds and other institutional investors own 62.71% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com lowered Waterstone Financial from a "buy" rating to a "hold" rating in a report on Friday, April 25th.

Insiders Place Their Bets

In other Waterstone Financial news, CFO Mark Raymond Gerke sold 2,738 shares of the company's stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $14.14, for a total transaction of $38,715.32. Following the completion of the sale, the chief financial officer now directly owns 30,334 shares in the company, valued at $428,922.76. This represents a 8.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Patrick S. Lawton sold 37,500 shares of the company's stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $14.03, for a total transaction of $526,125.00. Following the sale, the director now owns 49,131 shares of the company's stock, valued at approximately $689,307.93. The trade was a 43.29% decrease in their ownership of the stock. The disclosure for this sale can be found here. 7.40% of the stock is owned by insiders.

Waterstone Financial Price Performance

Shares of NASDAQ WSBF traded up $0.13 during midday trading on Tuesday, hitting $12.57. 7,850 shares of the company's stock were exchanged, compared to its average volume of 52,508. Waterstone Financial, Inc. has a 12-month low of $11.61 and a 12-month high of $16.86. The company has a current ratio of 1.48, a quick ratio of 1.36 and a debt-to-equity ratio of 1.64. The company has a market cap of $242.85 million, a price-to-earnings ratio of 12.45 and a beta of 0.71. The business's fifty day moving average price is $12.80 and its two-hundred day moving average price is $13.73.

Waterstone Financial (NASDAQ:WSBF - Get Free Report) last announced its earnings results on Tuesday, April 22nd. The savings and loans company reported $0.17 earnings per share (EPS) for the quarter. Waterstone Financial had a net margin of 9.23% and a return on equity of 5.75%. The company had revenue of $29.67 million during the quarter.

Waterstone Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 1st. Shareholders of record on Tuesday, April 8th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 4.77%. The ex-dividend date of this dividend was Tuesday, April 8th. Waterstone Financial's dividend payout ratio is currently 58.82%.

Waterstone Financial Company 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.