Free Trial

BNP Paribas Financial Markets Increases Stock Position in NB Bancorp, Inc. (NASDAQ:NBBK)

NB Bancorp logo with Finance background

BNP Paribas Financial Markets lifted its stake in NB Bancorp, Inc. (NASDAQ:NBBK - Free Report) by 78.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 76,319 shares of the company's stock after purchasing an additional 33,477 shares during the period. BNP Paribas Financial Markets owned 0.18% of NB Bancorp worth $1,416,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of NBBK. International Assets Investment Management LLC raised its stake in NB Bancorp by 1,756.0% in the third quarter. International Assets Investment Management LLC now owns 128,064 shares of the company's stock worth $2,377,000 after buying an additional 121,164 shares in the last quarter. Endeavour Capital Advisors Inc. grew its holdings in shares of NB Bancorp by 32.7% during the 2nd quarter. Endeavour Capital Advisors Inc. now owns 181,769 shares of the company's stock worth $2,741,000 after acquiring an additional 44,780 shares during the period. Bank of New York Mellon Corp purchased a new position in shares of NB Bancorp in the 2nd quarter valued at approximately $1,820,000. Prospector Partners LLC purchased a new position in shares of NB Bancorp in the 2nd quarter valued at approximately $3,653,000. Finally, SG Americas Securities LLC boosted its position in shares of NB Bancorp by 48.5% during the third quarter. SG Americas Securities LLC now owns 26,291 shares of the company's stock valued at $488,000 after purchasing an additional 8,589 shares in the last quarter.

NB Bancorp Price Performance

NASDAQ NBBK traded up $0.19 during trading hours on Monday, reaching $19.86. 174,484 shares of the company's stock traded hands, compared to its average volume of 325,004. NB Bancorp, Inc. has a 52-week low of $13.10 and a 52-week high of $21.05. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.16. The firm has a 50-day simple moving average of $19.21 and a 200 day simple moving average of $17.68.

Analyst Ratings Changes

Separately, Piper Sandler raised their price objective on NB Bancorp from $21.00 to $22.00 and gave the company an "overweight" rating in a research report on Thursday, October 31st.

Get Our Latest Analysis on NB Bancorp

NB Bancorp Company Profile

(Free Report)

NB Bancorp, Inc focuses on operating as a bank holding company for Needham Bank that provides various banking products and services in Greater Boston metropolitan area and surrounding communities in Massachusetts, eastern Connecticut, southern New Hampshire, and Rhode Island. The company offers various deposits, including certificate of deposit, individual retirement, money market, savings, NOW, demand deposit, and interest-bearing and noninterest-bearing checking accounts; and commercial real estate and multifamily, one- to four-family residential real estate, construction and land development, commercial and industrial, and consumer loans, as well as home equity loans and lines of credit.

Further Reading

Institutional Ownership by Quarter for NB Bancorp (NASDAQ:NBBK)

Should you invest $1,000 in NB Bancorp right now?

Before you consider NB Bancorp, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NB Bancorp wasn't on the list.

While NB Bancorp currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Energy Stocks to Buy and Hold Forever Cover

Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

From Landfills to Profits: Opal Fuels CEO Shares How the Company Turns Trash into Cash
The Real Reason Tesla Stock Is Soaring – and Why Tech Expert Says It Won’t Stop
Best ETFs for 2025: Growth, Stability, and AI-Driven Investing

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines