Seidman Lawrence B buys $11,799,734 stake in Waterstone Financial (WSBF)

Waterstone Financial (WSBF) : Seidman Lawrence B scooped up 44,100 additional shares in Waterstone Financial during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 9, 2016. The investment management firm now holds a total of 828,633 shares of Waterstone Financial which is valued at $11,799,734.Waterstone Financial makes up approximately 7.66% of Seidman Lawrence B’s portfolio.

Other Hedge Funds, Including , Geduld E E sold out all of its stake in WSBF during the most recent quarter. The investment firm sold 20,000 shares of WSBF which is valued $284,800.Rhumbline Advisers boosted its stake in WSBF in the latest quarter, The investment management firm added 3,875 additional shares and now holds a total of 40,550 shares of Waterstone Financial which is valued at $569,728.Russell Frank Co boosted its stake in WSBF in the latest quarter, The investment management firm added 11,299 additional shares and now holds a total of 34,385 shares of Waterstone Financial which is valued at $482,078. Quadrant Capital Group added WSBF to its portfolio by purchasing 808 company shares during the most recent quarter which is valued at $11,328. Waterstone Financial makes up approx 0.01% of Quadrant Capital Group’s portfolio.

Waterstone Financial opened for trading at $14.2 and hit $14.3 on the upside on Friday, eventually ending the session at $14.24, with a gain of 0.14% or 0.02 points. The heightened volatility saw the trading volume jump to 67,092 shares. Company has a market cap of $415 M.

Many Wall Street Analysts have commented on Waterstone Financial. Waterstone Financial was Initiated by Sandler O’Neill to “Hold” on Mar 18, 2016.

Waterstone Financial Inc. is the holding company of Waterstone Bank SSB (Waterstone Bank). The Company operates through two segments: community banking and mortgage banking. Waterstone Bank is a community bank. Waterstone Bank also has an active mortgage banking subsidiary Waterstone Mortgage Corporation. Waterstone Bank’s principal lending activity is originating one- to four-family and multi-family residential real estate loans for retention in its portfolio. Waterstone Bank also offers to a lesser extent home equity loans and lines of credit construction and land loans commercial real estate and commercial business loans and consumer loans. The Bank’s deposit offerings include certificates of deposit money market savings accounts transaction deposit accounts non-interest bearing demand accounts and individual retirement accounts. The Bank’s subsidiary Wauwatosa Investments Inc. manages its investment portfolio.

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