Wedge Capital Management L L P NC Has $403,000 Position in Waterstone Financial, Inc. (NASDAQ:WSBF)

Wedge Capital Management L L P NC increased its stake in shares of Waterstone Financial, Inc. (NASDAQ:WSBF) by 22.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 28,362 shares of the savings and loans company’s stock after buying an additional 5,253 shares during the quarter. Wedge Capital Management L L P NC’s holdings in Waterstone Financial were worth $403,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. John G Ullman & Associates Inc. grew its position in Waterstone Financial by 179.4% during the fourth quarter. John G Ullman & Associates Inc. now owns 60,262 shares of the savings and loans company’s stock worth $856,000 after buying an additional 38,695 shares in the last quarter. Great Lakes Advisors LLC acquired a new stake in Waterstone Financial during the third quarter worth approximately $219,000. BKM Wealth Management LLC acquired a new stake in Waterstone Financial during the fourth quarter worth approximately $28,000. Brandywine Global Investment Management LLC grew its position in Waterstone Financial by 1.7% during the third quarter. Brandywine Global Investment Management LLC now owns 164,690 shares of the savings and loans company’s stock worth $1,803,000 after buying an additional 2,800 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new stake in Waterstone Financial during the fourth quarter worth approximately $138,000. Institutional investors and hedge funds own 62.71% of the company’s stock.

Waterstone Financial Stock Up 0.4 %

NASDAQ WSBF opened at $11.79 on Friday. The business has a fifty day moving average price of $11.77 and a two-hundred day moving average price of $12.24. The company has a debt-to-equity ratio of 1.78, a current ratio of 1.55 and a quick ratio of 1.41. Waterstone Financial, Inc. has a fifty-two week low of $9.62 and a fifty-two week high of $15.56. The stock has a market capitalization of $234.86 million, a PE ratio of 25.63 and a beta of 0.59.

Waterstone Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Monday, April 8th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 5.09%. The ex-dividend date is Friday, April 5th. Waterstone Financial’s payout ratio is presently 130.43%.

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.