JPMorgan Chase & Co. Buys 61,369 Shares of Columbia Financial, Inc. (NASDAQ:CLBK)

JPMorgan Chase & Co. increased its position in Columbia Financial, Inc. (NASDAQ:CLBK - Free Report) by 192.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 93,330 shares of the company's stock after buying an additional 61,369 shares during the period. JPMorgan Chase & Co. owned 0.09% of Columbia Financial worth $1,476,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. KLP Kapitalforvaltning AS acquired a new stake in Columbia Financial in the fourth quarter valued at approximately $114,000. American Century Companies Inc. grew its holdings in shares of Columbia Financial by 9.9% in the fourth quarter. American Century Companies Inc. now owns 56,886 shares of the company's stock valued at $899,000 after acquiring an additional 5,122 shares in the last quarter. Intech Investment Management LLC bought a new position in shares of Columbia Financial in the fourth quarter valued at approximately $212,000. Raymond James Financial Inc. purchased a new stake in shares of Columbia Financial during the fourth quarter valued at approximately $208,000. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Columbia Financial by 1.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 230,637 shares of the company's stock worth $3,646,000 after acquiring an additional 2,946 shares during the period. 12.72% of the stock is owned by institutional investors.

Columbia Financial Stock Performance

NASDAQ:CLBK traded up $0.26 during trading on Tuesday, reaching $13.92. The company's stock had a trading volume of 152,316 shares, compared to its average volume of 102,554. Columbia Financial, Inc. has a 12 month low of $12.64 and a 12 month high of $19.28. The firm has a market cap of $1.46 billion, a price-to-earnings ratio of -116.00 and a beta of 0.13. The firm has a 50 day moving average of $14.59 and a 200-day moving average of $15.95. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.99 and a current ratio of 0.99.

Columbia Financial Profile

Columbia Financial, Inc, a bank holding company, provides various financial services to businesses and consumers in the United States. Its deposit products include checking, interest-earning checking products and municipal, savings and club deposits, and money market accounts, as well as certificates of deposit.