Marshall Wace North America L.P. bought a new stake in Waterstone Financial, Inc. (NASDAQ:WSBF) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 10,238 shares of the savings and loans company’s stock, valued at approximately $195,000.

Other large investors have also recently bought and sold shares of the company. Bowling Portfolio Management LLC acquired a new position in Waterstone Financial in the 2nd quarter valued at about $664,000. Russell Investments Group Ltd. boosted its holdings in Waterstone Financial by 26.3% in the 2nd quarter. Russell Investments Group Ltd. now owns 125,783 shares of the savings and loans company’s stock valued at $2,372,000 after purchasing an additional 26,168 shares during the last quarter. Wedge Capital Management L L P NC boosted its holdings in Waterstone Financial by 23.6% in the 2nd quarter. Wedge Capital Management L L P NC now owns 82,231 shares of the savings and loans company’s stock valued at $1,550,000 after purchasing an additional 15,700 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in Waterstone Financial by 1.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 175,474 shares of the savings and loans company’s stock valued at $3,308,000 after purchasing an additional 3,090 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its holdings in Waterstone Financial by 0.5% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 125,304 shares of the savings and loans company’s stock valued at $2,362,000 after purchasing an additional 627 shares during the last quarter. Institutional investors own 59.27% of the company’s stock.

Waterstone Financial, Inc. (NASDAQ:WSBF) opened at 18.30 on Friday. The firm has a market capitalization of $502.99 million, a price-to-earnings ratio of 17.43 and a beta of 0.06. Waterstone Financial, Inc. has a one year low of $16.05 and a one year high of $20.40. The stock has a 50 day moving average of $17.98 and a 200 day moving average of $18.53.

Several equities analysts have weighed in on WSBF shares. BidaskClub upgraded shares of Waterstone Financial from a “hold” rating to a “buy” rating in a report on Tuesday, August 1st. Sandler O’Neill upgraded shares of Waterstone Financial from a “hold” rating to a “buy” rating and decreased their target price for the company from $20.50 to $20.00 in a report on Thursday, September 7th.

COPYRIGHT VIOLATION WARNING: “Marshall Wace North America L.P. Invests $195,000 in Waterstone Financial, Inc. (WSBF) Stock” was first published by Daily Political and is owned by of Daily Political. If you are accessing this article on another publication, it was copied illegally and republished in violation of international trademark and copyright law. The original version of this article can be read at https://www.dailypolitical.com/2017/09/17/marshall-wace-north-america-l-p-invests-195000-in-waterstone-financial-inc-wsbf-stock.html.

Waterstone Financial Company Profile

Waterstone Financial, Inc is the holding company of WaterStone Bank SSB (WaterStone Bank). WaterStone Bank is a community bank. The Company operates in two segments: community banking and mortgage banking. The community banking segment provides consumer and business banking products and services. Its consumer products include loan products, deposit products, and personal investment services.

Want to see what other hedge funds are holding WSBF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Waterstone Financial, Inc. (NASDAQ:WSBF).

Institutional Ownership by Quarter for Waterstone Financial (NASDAQ:WSBF)

Receive News & Ratings for Waterstone Financial Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Waterstone Financial Inc. and related companies with MarketBeat.com's FREE daily email newsletter.