Waterstone Financial (NASDAQ:WSBF) Shares Pass Below 200-Day Moving Average - Time to Sell?

Waterstone Financial, Inc. (NASDAQ:WSBF - Get Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $13.81 and traded as low as $12.25. Waterstone Financial shares last traded at $12.37, with a volume of 54,159 shares.

Analyst Ratings Changes

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

Waterstone Financial Stock Down 0.3%

The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.36 and a current ratio of 1.48. The firm has a market capitalization of $239.18 million, a PE ratio of 12.26 and a beta of 0.71. The company's 50 day simple moving average is $12.83 and its 200-day simple moving average is $13.74.

Waterstone Financial (NASDAQ:WSBF - Get Free Report) last posted its quarterly earnings data 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 Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 1st. Investors of record on Tuesday, April 8th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 4.85%. The ex-dividend date was Tuesday, April 8th. Waterstone Financial's payout ratio is presently 58.82%.

Insider Buying and Selling

In other news, Director Stephen J. Schmidt sold 6,211 shares of Waterstone Financial stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $13.79, for a total transaction of $85,649.69. Following the sale, the director now owns 70,078 shares of the company's stock, valued at approximately $966,375.62. The trade was a 8.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Mark Raymond Gerke sold 2,738 shares of Waterstone Financial 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 sale, the chief financial officer now directly owns 30,334 shares in the company, valued at $428,922.76. The trade was a 8.28% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 46,449 shares of company stock worth $650,490 in the last 90 days. 7.40% of the stock is owned by company insiders.

Institutional Investors Weigh In On Waterstone Financial

Hedge funds have recently bought and sold shares of the business. Bridgeway Capital Management LLC lifted its stake in shares of Waterstone Financial by 0.9% in the fourth quarter. Bridgeway Capital Management LLC now owns 431,520 shares of the savings and loans company's stock worth $5,800,000 after buying an additional 3,705 shares in the last quarter. Northern Trust Corp lifted its stake in shares of Waterstone Financial by 3.2% in the fourth quarter. Northern Trust Corp now owns 163,551 shares of the savings and loans company's stock worth $2,198,000 after buying an additional 5,029 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in shares of Waterstone Financial by 8.4% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 110,709 shares of the savings and loans company's stock worth $1,488,000 after buying an additional 8,584 shares in the last quarter. John G Ullman & Associates Inc. lifted its stake in shares of Waterstone Financial by 19.3% in the fourth quarter. John G Ullman & Associates Inc. now owns 108,342 shares of the savings and loans company's stock worth $1,456,000 after buying an additional 17,516 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of Waterstone Financial by 64.9% in the fourth quarter. JPMorgan Chase & Co. now owns 85,628 shares of the savings and loans company's stock worth $1,151,000 after buying an additional 33,715 shares in the last quarter. Institutional investors own 62.71% of the company's stock.

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.