Waterstone Financial (NASDAQ:WSBF) Stock Price Crosses Below 200 Day Moving Average - Time to Sell?

Waterstone Financial, Inc. (NASDAQ:WSBF - Get Free Report) 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 Upgrades and Downgrades

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

Waterstone Financial Stock Up 0.1 %

The firm has a market cap of $238.99 million, a price-to-earnings ratio of 12.25 and a beta of 0.63. The company has a quick ratio of 1.36, a current ratio of 1.48 and a debt-to-equity ratio of 1.64. The firm has a fifty day moving average price of $12.97 and a 200-day moving average price of $13.81.

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

Waterstone Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 1st. Shareholders of record on Tuesday, April 8th were paid a dividend of $0.15 per share. 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 dividend payout ratio is currently 58.82%.

Insider Activity

In other news, CFO Mark Raymond Gerke sold 2,738 shares of the business's stock in a transaction dated Friday, February 28th. The stock was 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 owns 30,334 shares in the company, valued at approximately $428,922.76. The trade was a 8.28 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Patrick S. Lawton sold 37,500 shares of the firm's stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $14.03, for a total transaction of $526,125.00. Following the completion of the transaction, the director now owns 49,131 shares in the company, valued at $689,307.93. The trade was a 43.29 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 49,546 shares of company stock valued at $693,074 in the last ninety days. Company insiders own 7.40% of the company's stock.

Institutional Trading of Waterstone Financial

Several large investors have recently added to or reduced their stakes in WSBF. GAMMA Investing LLC boosted its position in shares of Waterstone Financial by 16,614.3% in the first quarter. GAMMA Investing LLC now owns 2,340 shares of the savings and loans company's stock worth $31,000 after buying an additional 2,326 shares during the period. Wells Fargo & Company MN boosted its holdings in Waterstone Financial by 27.8% in the 4th quarter. Wells Fargo & Company MN now owns 9,441 shares of the savings and loans company's stock worth $127,000 after acquiring an additional 2,055 shares during the period. Deutsche Bank AG acquired a new stake in Waterstone Financial in the fourth quarter valued at approximately $143,000. Quantinno Capital Management LP purchased a new stake in shares of Waterstone Financial during the fourth quarter valued at approximately $203,000. Finally, Millennium Management LLC lifted its position in shares of Waterstone Financial by 108.7% during the fourth quarter. Millennium Management LLC now owns 21,882 shares of the savings and loans company's stock worth $294,000 after purchasing an additional 11,395 shares in the last quarter. 62.71% of the stock is currently owned by institutional investors and hedge funds.

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.

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