SG Americas Securities LLC Makes New Investment in Waterstone Financial, Inc. (NASDAQ:WSBF)

SG Americas Securities LLC purchased a new position in Waterstone Financial, Inc. (NASDAQ:WSBF) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 9,719 shares of the savings and loans company’s stock, valued at approximately $138,000.

Other hedge funds have also modified their holdings of the company. BKM Wealth Management LLC acquired a new position in shares of Waterstone Financial in the fourth quarter worth $28,000. BNP Paribas Arbitrage SNC increased its stake in shares of Waterstone Financial by 293.7% in the first quarter. BNP Paribas Arbitrage SNC now owns 4,433 shares of the savings and loans company’s stock worth $67,000 after acquiring an additional 3,307 shares during the last quarter. Qube Research & Technologies Ltd acquired a new position in shares of Waterstone Financial in the third quarter worth $77,000. Citigroup Inc. increased its position in Waterstone Financial by 1,075.1% during the second quarter. Citigroup Inc. now owns 5,570 shares of the savings and loans company’s stock worth $81,000 after buying an additional 5,096 shares during the last quarter. Finally, Barclays PLC increased its position in Waterstone Financial by 252.9% during the fourth quarter. Barclays PLC now owns 5,082 shares of the savings and loans company’s stock worth $87,000 after buying an additional 3,642 shares during the last quarter. 62.71% of the stock is owned by institutional investors and hedge funds.

Waterstone Financial Trading Down 1.4 %

Waterstone Financial stock opened at $10.84 on Wednesday. The company has a debt-to-equity ratio of 1.78, a current ratio of 1.55 and a quick ratio of 1.41. The company has a market capitalization of $215.93 million, a price-to-earnings ratio of 23.57 and a beta of 0.59. Waterstone Financial, Inc. has a one year low of $9.62 and a one year high of $15.56. The company’s fifty day moving average price is $11.93 and its two-hundred day moving average price is $12.21.

Waterstone Financial Announces Dividend

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 given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 5.54%. The ex-dividend date of this dividend is Friday, April 5th. Waterstone Financial’s payout ratio is 130.43%.

Waterstone Financial 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.