Columbia Financial, Inc. (NASDAQ:CLBK - Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $15.83, but opened at $16.19. Columbia Financial shares last traded at $15.87, with a volume of 20,410 shares trading hands.
Columbia Financial Trading Up 1.1 %
The business's 50 day moving average is $15.58 and its two-hundred day moving average is $16.65. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.32. The firm has a market capitalization of $1.59 billion, a P/E ratio of -126.88 and a beta of 0.16.
Columbia Financial (NASDAQ:CLBK - Get Free Report) last issued its quarterly earnings results on Tuesday, January 28th. The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.07 by $0.04. Columbia Financial had a negative net margin of 2.39% and a positive return on equity of 2.20%. Analysts expect that Columbia Financial, Inc. will post 0.43 EPS for the current year.
Institutional Investors Weigh In On Columbia Financial
Several hedge funds and other institutional investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP raised its position in Columbia Financial by 3.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,897,424 shares of the company's stock worth $29,999,000 after acquiring an additional 66,583 shares in the last quarter. T. Rowe Price Investment Management Inc. increased its stake in Columbia Financial by 0.4% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,239,007 shares of the company's stock worth $19,589,000 after purchasing an additional 4,470 shares in the last quarter. Northern Trust Corp increased its stake in Columbia Financial by 4.5% in the 4th quarter. Northern Trust Corp now owns 266,601 shares of the company's stock worth $4,215,000 after purchasing an additional 11,450 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in Columbia Financial by 1.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 230,637 shares of the company's stock worth $3,646,000 after purchasing an additional 2,946 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in Columbia Financial by 192.0% in the 4th quarter. JPMorgan Chase & Co. now owns 93,330 shares of the company's stock worth $1,476,000 after purchasing an additional 61,369 shares in the last quarter. 12.72% of the stock is currently owned by institutional investors.
About Columbia Financial
(
Get Free Report)
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.
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