Barclays PLC grew its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK - Free Report) by 526.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 89,471 shares of the bank's stock after buying an additional 75,182 shares during the period. Barclays PLC owned 0.21% of Northfield Bancorp, Inc. (Staten Island, NY) worth $1,038,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently modified their holdings of NFBK. Signaturefd LLC raised its stake in Northfield Bancorp, Inc. (Staten Island, NY) by 227.2% during the third quarter. Signaturefd LLC now owns 2,143 shares of the bank's stock valued at $25,000 after buying an additional 1,488 shares during the last quarter. Quarry LP bought a new position in shares of Northfield Bancorp, Inc. (Staten Island, NY) during the third quarter valued at $28,000. Point72 Asset Management L.P. bought a new position in shares of Northfield Bancorp, Inc. (Staten Island, NY) during the second quarter valued at $30,000. Point72 DIFC Ltd purchased a new position in shares of Northfield Bancorp, Inc. (Staten Island, NY) in the 2nd quarter worth about $47,000. Finally, Wealth Enhancement Advisory Services LLC bought a new position in Northfield Bancorp, Inc. (Staten Island, NY) in the 3rd quarter worth about $138,000. 65.51% of the stock is owned by hedge funds and other institutional investors.
Northfield Bancorp, Inc. (Staten Island, NY) Stock Performance
Shares of Northfield Bancorp, Inc. (Staten Island, NY) stock traded up $0.27 during trading on Wednesday, hitting $11.64. 66,968 shares of the company's stock traded hands, compared to its average volume of 150,825. Northfield Bancorp, Inc. has a 1 year low of $6.98 and a 1 year high of $14.39. The business has a 50-day simple moving average of $12.61 and a 200-day simple moving average of $11.90. The stock has a market capitalization of $499.40 million, a P/E ratio of 18.19 and a beta of 0.80. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.09 and a quick ratio of 1.09.
Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK - Get Free Report) last announced its quarterly earnings results on Wednesday, October 23rd. The bank reported $0.16 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.16. Northfield Bancorp, Inc. (Staten Island, NY) had a net margin of 10.94% and a return on equity of 4.05%. The firm had revenue of $62.90 million for the quarter, compared to the consensus estimate of $32.30 million. As a group, analysts forecast that Northfield Bancorp, Inc. will post 0.66 EPS for the current year.
Northfield Bancorp, Inc. (Staten Island, NY) Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, November 20th. Shareholders of record on Wednesday, November 6th were given a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 4.47%. The ex-dividend date was Wednesday, November 6th. Northfield Bancorp, Inc. (Staten Island, NY)'s dividend payout ratio (DPR) is presently 81.25%.
Wall Street Analysts Forecast Growth
A number of analysts have weighed in on NFBK shares. Keefe, Bruyette & Woods raised their price objective on shares of Northfield Bancorp, Inc. (Staten Island, NY) from $12.50 to $14.25 and gave the company a "market perform" rating in a research note on Wednesday, December 4th. StockNews.com raised shares of Northfield Bancorp, Inc. (Staten Island, NY) from a "sell" rating to a "hold" rating in a research report on Thursday, December 5th.
View Our Latest Stock Report on NFBK
Insider Buying and Selling at Northfield Bancorp, Inc. (Staten Island, NY)
In other Northfield Bancorp, Inc. (Staten Island, NY) news, Director Annette Catino sold 22,000 shares of the business's stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $13.12, for a total transaction of $288,640.00. Following the completion of the sale, the director now directly owns 225,653 shares in the company, valued at $2,960,567.36. The trade was a 8.88 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 6.48% of the company's stock.
About Northfield Bancorp, Inc. (Staten Island, NY)
(
Free Report)
Northfield Bancorp, Inc (Staten Island, NY) operates as the bank holding company for Northfield Bank that provides various banking products and services primarily to individuals and corporate customers. It accepts various deposits products, including certificates of deposit, passbook, statement, and money market savings accounts; transaction deposit accounts comprising negotiable orders of withdrawal accounts, and interest and non-interest-bearing checking accounts; and brokered deposits.
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