Connor Clark & Lunn Investment Management Ltd. Buys 23,721 Shares of Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK)

Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK - Free Report) by 37.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 87,648 shares of the bank's stock after purchasing an additional 23,721 shares during the quarter. Connor Clark & Lunn Investment Management Ltd. owned approximately 0.20% of Northfield Bancorp, Inc. (Staten Island, NY) worth $1,018,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the company. Quarry LP bought a new position in Northfield Bancorp, Inc. (Staten Island, NY) in the third quarter worth $28,000. Point72 Asset Management L.P. lifted its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 57.9% during the 3rd quarter. Point72 Asset Management L.P. now owns 5,054 shares of the bank's stock worth $59,000 after acquiring an additional 1,854 shares during the period. Marshall Financial Group LLC acquired a new stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) during the 4th quarter valued at about $163,000. Ieq Capital LLC bought a new stake in Northfield Bancorp, Inc. (Staten Island, NY) in the fourth quarter valued at about $198,000. Finally, Public Employees Retirement System of Ohio raised its position in Northfield Bancorp, Inc. (Staten Island, NY) by 59.4% in the third quarter. Public Employees Retirement System of Ohio now owns 35,544 shares of the bank's stock worth $412,000 after purchasing an additional 13,250 shares in the last quarter. Institutional investors and hedge funds own 65.51% of the company's stock.

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Insider Transactions at Northfield Bancorp, Inc. (Staten Island, NY)

In related news, Director Gil Chapman sold 11,000 shares of Northfield Bancorp, Inc. (Staten Island, NY) stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $11.89, for a total value of $130,790.00. Following the completion of the sale, the director now directly owns 48,005 shares in the company, valued at $570,779.45. This trade represents a 18.64 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 6.48% of the company's stock.

Northfield Bancorp, Inc. (Staten Island, NY) Price Performance

NFBK stock traded up $0.30 during trading on Monday, hitting $11.57. 146,837 shares of the stock traded hands, compared to its average volume of 247,790. The stock has a market cap of $498.85 million, a price-to-earnings ratio of 16.07 and a beta of 0.77. Northfield Bancorp, Inc. has a one year low of $6.98 and a one year high of $14.39. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.03. The company has a 50 day simple moving average of $11.58 and a 200 day simple moving average of $11.98.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK - Get Free Report) last posted its quarterly earnings data on Wednesday, January 22nd. The bank reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.03. Northfield Bancorp, Inc. (Staten Island, NY) had a net margin of 11.76% and a return on equity of 4.12%. Equities analysts expect that Northfield Bancorp, Inc. will post 0.82 EPS for the current fiscal year.

Northfield Bancorp, Inc. (Staten Island, NY) Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Shareholders of record on Wednesday, February 5th were paid a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 4.49%. The ex-dividend date was Wednesday, February 5th. Northfield Bancorp, Inc. (Staten Island, NY)'s dividend payout ratio is currently 72.22%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on NFBK shares. StockNews.com raised Northfield Bancorp, Inc. (Staten Island, NY) from a "sell" rating to a "hold" rating in a report on Thursday, December 5th. Keefe, Bruyette & Woods lowered their price target on Northfield Bancorp, Inc. (Staten Island, NY) from $14.25 to $13.00 and set a "market perform" rating on the stock in a research report on Monday, January 27th.

Northfield Bancorp, Inc. (Staten Island, NY) Profile

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.