FMR LLC boosted its holdings in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK - Free Report) by 226.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 190,416 shares of the bank's stock after buying an additional 132,016 shares during the period. FMR LLC owned approximately 0.44% of Northfield Bancorp, Inc. (Staten Island, NY) worth $2,209,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. CWM LLC raised its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 518.4% in the second quarter. CWM LLC now owns 14,211 shares of the bank's stock worth $135,000 after buying an additional 11,913 shares in the last quarter. nVerses Capital LLC raised its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 105.9% in the 2nd quarter. nVerses Capital LLC now owns 3,500 shares of the bank's stock valued at $33,000 after acquiring an additional 1,800 shares in the last quarter. American Century Companies Inc. raised its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 11.6% in the 2nd 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 in the last quarter. Renaissance Technologies LLC boosted its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 3.0% during the 2nd quarter. Renaissance Technologies LLC now owns 1,437,149 shares of the bank's stock valued at $13,624,000 after acquiring an additional 41,500 shares during the last quarter. Finally, Sei Investments Co. grew its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 19.6% during the second quarter. Sei Investments Co. now owns 39,066 shares of the bank's stock worth $370,000 after purchasing an additional 6,393 shares in the last quarter. Institutional investors own 65.51% of the company's stock.
Wall Street Analyst Weigh In
A number of research analysts recently commented on the company. Keefe, Bruyette & Woods increased their target price on Northfield Bancorp, Inc. (Staten Island, NY) from $12.50 to $14.25 and gave the company a "market perform" rating in a research note on Wednesday, December 4th. StockNews.com upgraded Northfield Bancorp, Inc. (Staten Island, NY) from a "sell" rating to a "hold" rating in a research report on Thursday, December 5th.
Read Our Latest Stock Report on Northfield Bancorp, Inc. (Staten Island, NY)
Northfield Bancorp, Inc. (Staten Island, NY) Stock Down 0.1 %
NFBK traded down $0.01 during trading on Friday, hitting $12.90. 159,489 shares of the company's stock traded hands, compared to its average volume of 264,634. The stock has a market capitalization of $553.41 million, a price-to-earnings ratio of 20.16 and a beta of 0.78. The company's 50 day simple moving average is $12.66 and its two-hundred day simple moving average is $11.37. Northfield Bancorp, Inc. has a 12-month low of $6.98 and a 12-month high of $14.39. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.50.
Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK - Get Free Report) last issued its earnings results on Wednesday, October 23rd. The bank reported $0.16 earnings per share for the quarter, hitting analysts' consensus estimates of $0.16. The business had revenue of $62.90 million during the quarter, compared to analyst estimates 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%. Analysts predict that Northfield Bancorp, Inc. will post 0.66 earnings per share for the current fiscal year.
Northfield Bancorp, Inc. (Staten Island, NY) Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 20th. Stockholders of record on Wednesday, November 6th were paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 4.03%. The ex-dividend date of this dividend was Wednesday, November 6th. Northfield Bancorp, Inc. (Staten Island, NY)'s dividend payout ratio is presently 81.25%.
About Northfield Bancorp, Inc. (Staten Island, NY)
(
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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