GSA Capital Partners LLP Increases Stock Holdings in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK)

GSA Capital Partners LLP grew its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK - Free Report) by 367.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 197,895 shares of the bank's stock after purchasing an additional 155,592 shares during the period. GSA Capital Partners LLP owned about 0.46% of Northfield Bancorp, Inc. (Staten Island, NY) worth $2,296,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. American Century Companies Inc. grew its stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 11.6% during the second quarter. American Century Companies Inc. now owns 602,688 shares of the bank's stock worth $5,713,000 after purchasing an additional 62,473 shares in the last quarter. Inspire Investing LLC acquired a new position in Northfield Bancorp, Inc. (Staten Island, NY) in the third quarter valued at approximately $890,000. Cubist Systematic Strategies LLC increased its stake in Northfield Bancorp, Inc. (Staten Island, NY) by 753.6% in the second quarter. Cubist Systematic Strategies LLC now owns 134,317 shares of the bank's stock valued at $1,273,000 after purchasing an additional 118,581 shares during the last quarter. AQR Capital Management LLC raised its holdings in Northfield Bancorp, Inc. (Staten Island, NY) by 69.7% during the second quarter. AQR Capital Management LLC now owns 924,716 shares of the bank's stock worth $8,766,000 after purchasing an additional 379,695 shares in the last quarter. Finally, Vanguard Group Inc. boosted its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 2,811,707 shares of the bank's stock valued at $27,330,000 after buying an additional 17,267 shares in the last quarter. 65.51% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Keefe, Bruyette & Woods boosted their price target on shares of Northfield Bancorp, Inc. (Staten Island, NY) from $9.50 to $11.25 and gave the company a "market perform" rating in a research report on Tuesday, July 30th.

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

Shares of NFBK traded down $0.12 during mid-day trading on Tuesday, hitting $13.98. 31,255 shares of the company's stock were exchanged, compared to its average volume of 276,458. The firm has a market capitalization of $603.80 million, a P/E ratio of 22.03 and a beta of 0.74. Northfield Bancorp, Inc. has a fifty-two week low of $6.98 and a fifty-two week high of $14.28. The business's 50 day moving average is $11.84 and its two-hundred day moving average is $10.68. 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 released its quarterly earnings results on Wednesday, October 23rd. The bank reported $0.16 EPS for the quarter, hitting the consensus estimate of $0.16. The business had revenue of $62.90 million during the quarter, compared to analysts' expectations 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%. On average, equities analysts expect that Northfield Bancorp, Inc. will post 0.67 earnings per share for the current year.

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

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 20th. Stockholders of record on Wednesday, November 6th will be paid a dividend of $0.13 per share. The ex-dividend date is Wednesday, November 6th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.72%. Northfield Bancorp, Inc. (Staten Island, NY)'s dividend payout ratio (DPR) is 81.25%.

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.