Waterstone Financial (WSBF) is Upgraded by Sandler O’Neill to Buy

Waterstone Financial (WSBF) was Upgraded by Sandler O’Neill to ” Buy”. Earlier the firm had a rating of “Hold ” on the company shares. Sandler O’Neill advised their investors in a research report released on Aug 2, 2016.

Waterstone Financial closed down -0.04 points or -0.25% at $15.68 with 54,265 shares getting traded on Friday. Post opening the session at $15.69, the shares hit an intraday low of $15.6399 and an intraday high of $15.72 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

In a different news, on May 12, 2016, William F Bruss (COO General Counsel) sold 2,500 shares at $14.16 per share price. According to the SEC, on Mar 9, 2016, Mark Raymond Gerke (CFO) sold 2,000 shares at $14.03 per share price. On Mar 1, 2016, Rebecca M Arndt (Senior Vice President) sold 4,601 shares at $14.15 per share price, according to the Form-4 filing with the securities and exchange commission.

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.

Waterstone Financial

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