Renaissance Technologies LLC Has $16.03 Million Position in Waterstone Financial, Inc. (NASDAQ:WSBF)

Renaissance Technologies LLC cut its stake in Waterstone Financial, Inc. (NASDAQ:WSBF) by 2.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,192,836 shares of the savings and loans company’s stock after selling 32,980 shares during the period. Renaissance Technologies LLC owned approximately 6.16% of Waterstone Financial worth $16,032,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of WSBF. Wells Fargo & Company MN increased 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 purchasing an additional 2,055 shares in the last quarter. Barclays PLC grew its holdings in shares of Waterstone Financial by 242.1% during the third quarter. Barclays PLC now owns 20,824 shares of the savings and loans company’s stock worth $306,000 after purchasing an additional 14,737 shares during the last quarter. Commonwealth Equity Services LLC increased its stake in shares of Waterstone Financial by 27.5% in the fourth quarter. Commonwealth Equity Services LLC now owns 24,213 shares of the savings and loans company’s stock valued at $325,000 after buying an additional 5,226 shares during the period. Proficio Capital Partners LLC bought a new position in Waterstone Financial in the 4th quarter valued at approximately $365,000. Finally, Jane Street Group LLC boosted its position in Waterstone Financial by 33.6% during the 3rd quarter. Jane Street Group LLC now owns 29,082 shares of the savings and loans company’s stock worth $428,000 after buying an additional 7,310 shares during the period. 62.71% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Waterstone Financial news, Director Patrick S. Lawton sold 37,500 shares of the company’s stock in a transaction 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 sale, the director now owns 49,131 shares of the company’s stock, valued at approximately $689,307.93. This represents a 43.29 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Mark Raymond Gerke sold 2,738 shares of the stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $14.14, for a total value of $38,715.32. Following the sale, the chief financial officer now owns 30,334 shares of the company’s stock, valued at approximately $428,922.76. The trade was a 8.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 66,669 shares of company stock valued at $929,283. 8.30% of the stock is currently owned by insiders.

Waterstone Financial Stock Up 0.5 %

Shares of NASDAQ:WSBF opened at $11.92 on Tuesday. The business has a fifty day simple moving average of $13.58 and a 200 day simple moving average of $14.04. Waterstone Financial, Inc. has a 12-month low of $10.83 and a 12-month high of $16.86. The firm has a market cap of $230.29 million, a P/E ratio of 11.80 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.

Waterstone Financial (NASDAQ:WSBF) last issued its quarterly earnings data on Tuesday, January 28th. The savings and loans company reported $0.28 earnings per share (EPS) for the quarter. Waterstone Financial had a return on equity of 5.75% and a net margin of 9.23%.

Waterstone Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Tuesday, April 8th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.03%. The ex-dividend date of this dividend is Tuesday, April 8th. Waterstone Financial’s dividend payout ratio is currently 59.41%.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Waterstone Financial from a “hold” rating to a “buy” rating in a research report on Sunday, April 6th.

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.