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

Assenagon Asset Management S.A. raised its position in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK - Free Report) by 134.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 146,596 shares of the bank's stock after buying an additional 83,960 shares during the period. Assenagon Asset Management S.A. owned about 0.34% of Northfield Bancorp, Inc. (Staten Island, NY) worth $1,703,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in NFBK. Signaturefd LLC boosted its position in Northfield Bancorp, Inc. (Staten Island, NY) by 227.2% during the third quarter. Signaturefd LLC now owns 2,143 shares of the bank's stock worth $25,000 after acquiring an additional 1,488 shares during the last quarter. Quarry LP acquired a new position in shares of Northfield Bancorp, Inc. (Staten Island, NY) during the 3rd quarter worth approximately $28,000. Point72 Asset Management L.P. acquired a new position in shares of Northfield Bancorp, Inc. (Staten Island, NY) during the 2nd quarter worth approximately $30,000. Point72 DIFC Ltd purchased a new stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) in the second quarter valued at approximately $47,000. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) in the third quarter valued at approximately $138,000. Institutional investors and hedge funds own 65.51% of the company's stock.

Analyst Ratings Changes

Several brokerages have issued reports on NFBK. Keefe, Bruyette & Woods upped 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 report on Wednesday, December 4th. StockNews.com raised shares of Northfield Bancorp, Inc. (Staten Island, NY) from a "sell" rating to a "hold" rating in a report on Thursday, December 5th.

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

In related news, Director Annette Catino sold 22,000 shares of the firm's stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $13.12, for a total transaction of $288,640.00. Following the completion of the transaction, the director now directly owns 225,653 shares in the company, valued at $2,960,567.36. This trade represents a 8.88 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 6.48% of the company's stock.

Northfield Bancorp, Inc. (Staten Island, NY) Trading Down 1.9 %

Northfield Bancorp, Inc. (Staten Island, NY) stock traded down $0.22 during mid-day trading on Friday, hitting $11.66. The company's stock had a trading volume of 115,932 shares, compared to its average volume of 154,082. The stock's fifty day moving average is $12.29 and its two-hundred day moving average is $11.99. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.50. The firm has a market capitalization of $500.21 million, a PE ratio of 16.19 and a beta of 0.80. Northfield Bancorp, Inc. has a 1 year low of $6.98 and a 1 year high of $14.39.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK - Get Free Report) last released its quarterly earnings results on Wednesday, January 22nd. The bank reported $0.21 earnings per share for the quarter, topping analysts' consensus estimates of $0.18 by $0.03. Northfield Bancorp, Inc. (Staten Island, NY) had a return on equity of 4.13% and a net margin of 11.76%. On average, analysts anticipate that Northfield Bancorp, Inc. will post 0.95 EPS for the current year.

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

The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Wednesday, February 5th will be paid a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 4.46%. The ex-dividend date of this dividend is Wednesday, February 5th. Northfield Bancorp, Inc. (Staten Island, NY)'s dividend payout ratio (DPR) is 72.22%.

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.