Barclays PLC grew its holdings in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK - Free Report) by 526.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 89,471 shares of the bank's stock after purchasing an additional 75,182 shares during the period. Barclays PLC owned approximately 0.21% of Northfield Bancorp, Inc. (Staten Island, NY) worth $1,038,000 as of its most recent SEC filing.
A number of other institutional investors also recently modified their holdings of the business. State Street Corp grew its stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 36.5% in the third quarter. State Street Corp now owns 1,442,937 shares of the bank's stock worth $16,738,000 after purchasing an additional 385,711 shares during the last quarter. Renaissance Technologies LLC increased its stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 3.0% in the second quarter. Renaissance Technologies LLC now owns 1,437,149 shares of the bank's stock valued at $13,624,000 after buying an additional 41,500 shares during the period. Millennium Management LLC raised its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 877.7% during the second quarter. Millennium Management LLC now owns 1,074,151 shares of the bank's stock worth $10,183,000 after acquiring an additional 964,286 shares during the last quarter. AQR Capital Management LLC lifted its stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 69.7% in the second quarter. AQR Capital Management LLC now owns 924,716 shares of the bank's stock worth $8,766,000 after acquiring an additional 379,695 shares during the period. Finally, American Century Companies Inc. boosted its holdings in Northfield Bancorp, Inc. (Staten Island, NY) by 11.6% in the second quarter. American Century Companies Inc. now owns 602,688 shares of the bank's stock valued at $5,713,000 after acquiring an additional 62,473 shares during the last quarter. Institutional investors and hedge funds own 65.51% of the company's stock.
Insider Activity
In other news, Director Annette Catino sold 22,000 shares of the business's stock in a transaction that occurred on 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 owns 225,653 shares in the company, valued at $2,960,567.36. The trade was a 8.88 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 6.48% of the company's stock.
Northfield Bancorp, Inc. (Staten Island, NY) Trading Up 0.2 %
Shares of Northfield Bancorp, Inc. (Staten Island, NY) stock traded up $0.02 on Tuesday, hitting $11.62. 140,693 shares of the company's stock traded hands, compared to its average volume of 264,572. The company has a market capitalization of $498.54 million, a price-to-earnings ratio of 18.16 and a beta of 0.78. The company has a fifty day moving average of $12.72 and a two-hundred day moving average of $11.68. 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. has a one year low of $6.98 and a one year high of $14.39.
Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK - Get Free Report) last posted its quarterly earnings results on Wednesday, October 23rd. The bank reported $0.16 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.16. The firm had revenue of $62.90 million for the quarter, compared to analysts' expectations of $32.30 million. Northfield Bancorp, Inc. (Staten Island, NY) had a return on equity of 4.05% and a net margin of 10.94%. As a group, sell-side analysts expect that Northfield Bancorp, Inc. will post 0.66 earnings per share for the current year.
Northfield Bancorp, Inc. (Staten Island, NY) Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, November 20th. Shareholders of record on Wednesday, November 6th were paid a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 4.48%. The ex-dividend date of this dividend was Wednesday, November 6th. Northfield Bancorp, Inc. (Staten Island, NY)'s dividend payout ratio (DPR) is currently 81.25%.
Analysts Set New Price Targets
Several research firms have issued reports on NFBK. Keefe, Bruyette & Woods raised their price target on shares of Northfield Bancorp, Inc. (Staten Island, NY) from $12.50 to $14.25 and gave the stock a "market perform" rating in a report 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 note on Thursday, December 5th.
View Our Latest Report on NFBK
About Northfield Bancorp, Inc. (Staten Island, NY)
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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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