Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) Shares Sold by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. lessened its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK - Free Report) by 63.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 62,636 shares of the bank's stock after selling 106,894 shares during the quarter. Assenagon Asset Management S.A. owned about 0.14% of Northfield Bancorp, Inc. (Staten Island, NY) worth $727,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in NFBK. Signaturefd LLC increased its holdings in Northfield Bancorp, Inc. (Staten Island, NY) by 227.2% in the 3rd quarter. Signaturefd LLC now owns 2,143 shares of the bank's stock valued at $25,000 after purchasing an additional 1,488 shares during the last quarter. Point72 Asset Management L.P. acquired a new stake in Northfield Bancorp, Inc. (Staten Island, NY) in the 2nd quarter valued at approximately $30,000. nVerses Capital LLC increased its holdings in 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 purchasing an additional 1,800 shares during the last quarter. Point72 DIFC Ltd acquired a new stake in Northfield Bancorp, Inc. (Staten Island, NY) in the 2nd quarter valued at approximately $47,000. Finally, EntryPoint Capital LLC acquired a new stake in Northfield Bancorp, Inc. (Staten Island, NY) in the 1st quarter valued at approximately $53,000. Hedge funds and other institutional investors own 65.51% of the company's stock.

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

NFBK traded down $0.09 on Friday, reaching $11.68. The company had a trading volume of 115,198 shares, compared to its average volume of 133,727. Northfield Bancorp, Inc. has a 1 year low of $6.98 and a 1 year high of $13.48. The stock has a market capitalization of $504.46 million, a PE ratio of 18.25 and a beta of 0.74. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.50. The stock has a 50-day moving average price of $11.73 and a 200-day moving average price of $10.49.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK - Get Free Report) last announced its quarterly earnings results on Wednesday, October 23rd. The bank reported $0.16 earnings per share for the quarter, meeting analysts' consensus estimates of $0.16. Northfield Bancorp, Inc. (Staten Island, NY) had a net margin of 10.94% and a return on equity of 4.05%. The firm had revenue of $62.90 million during the quarter, compared to analysts' expectations of $32.30 million. As a group, research analysts forecast that Northfield Bancorp, Inc. will post 0.67 EPS for the current fiscal year.

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

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 20th. Stockholders of record on Wednesday, November 6th will be issued a $0.13 dividend. The ex-dividend date of this dividend is Wednesday, November 6th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 4.45%. Northfield Bancorp, Inc. (Staten Island, NY)'s payout ratio is 81.25%.

Analyst Upgrades and Downgrades

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 stock a "market perform" rating in a research note on Tuesday, July 30th.

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