Public Employees Retirement System of Ohio acquired a new position in shares of Waterstone Financial, Inc. (NASDAQ:WSBF) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,540 shares of the savings and loans company’s stock, valued at approximately $43,000.
A number of other institutional investors also recently added to or reduced their stakes in the business. Legal & General Group Plc lifted its stake in Waterstone Financial by 16.9% in the fourth quarter. Legal & General Group Plc now owns 4,721 shares of the savings and loans company’s stock valued at $79,000 after buying an additional 684 shares during the period. Metropolitan Life Insurance Co. NY raised its position in shares of Waterstone Financial by 391.9% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 9,450 shares of the savings and loans company’s stock worth $158,000 after purchasing an additional 7,529 shares during the period. Bank of America Corp DE raised its position in shares of Waterstone Financial by 48.8% during the fourth quarter. Bank of America Corp DE now owns 23,130 shares of the savings and loans company’s stock worth $387,000 after purchasing an additional 7,587 shares during the period. Uniplan Investment Counsel Inc. acquired a new stake in shares of Waterstone Financial during the fourth quarter worth about $4,140,000. Finally, Geode Capital Management LLC raised its position in shares of Waterstone Financial by 2.9% during the fourth quarter. Geode Capital Management LLC now owns 368,040 shares of the savings and loans company’s stock worth $6,168,000 after purchasing an additional 10,236 shares during the period. Hedge funds and other institutional investors own 59.26% of the company’s stock.
Separately, BidaskClub raised Waterstone Financial from a “hold” rating to a “buy” rating in a research report on Tuesday, December 25th.
Waterstone Financial (NASDAQ:WSBF) last released its quarterly earnings results on Wednesday, January 30th. The savings and loans company reported $0.21 EPS for the quarter, missing the Zacks’ consensus estimate of $0.24 by ($0.03). The business had revenue of $39.10 million for the quarter. Waterstone Financial had a return on equity of 7.66% and a net margin of 16.03%.
The firm also recently declared a quarterly dividend, which will be paid on Friday, May 3rd. Stockholders of record on Friday, April 12th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.97%. The ex-dividend date is Thursday, April 11th.
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 through 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, and money transfer services, as well as credit, debit, and pre-paid cards; investable funds solutions comprising savings, money market deposit, and individual retirement accounts, as well as certificates of deposit; lending solutions consisting of 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, and insurance products, as well as trust and investment management accounts.
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