Jane Street Group LLC Has $1.52 Million Stock Position in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK)

Jane Street Group LLC lowered its stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK - Free Report) by 33.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 130,610 shares of the bank's stock after selling 67,017 shares during the quarter. Jane Street Group LLC owned about 0.30% of Northfield Bancorp, Inc. (Staten Island, NY) worth $1,515,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of NFBK. State Street Corp grew its position in Northfield Bancorp, Inc. (Staten Island, NY) by 36.5% during the third quarter. State Street Corp now owns 1,442,937 shares of the bank's stock valued at $16,738,000 after acquiring an additional 385,711 shares during the period. Quarry LP acquired a new position in shares of Northfield Bancorp, Inc. (Staten Island, NY) during the 3rd quarter valued at $28,000. Point72 Asset Management L.P. boosted its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 57.9% in the third quarter. Point72 Asset Management L.P. now owns 5,054 shares of the bank's stock worth $59,000 after buying an additional 1,854 shares during the period. Jacobs Levy Equity Management Inc. grew its position in Northfield Bancorp, Inc. (Staten Island, NY) by 48.9% in the third quarter. Jacobs Levy Equity Management Inc. now owns 201,067 shares of the bank's stock valued at $2,332,000 after acquiring an additional 66,003 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its holdings in Northfield Bancorp, Inc. (Staten Island, NY) by 443.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 43,809 shares of the bank's stock valued at $508,000 after purchasing an additional 35,751 shares in the last quarter. 65.51% of the stock is currently owned by hedge funds and other institutional investors.

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

NASDAQ NFBK traded down $0.09 during trading hours on Friday, hitting $11.70. The company had a trading volume of 161,126 shares, compared to its average volume of 265,747. 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 business has a fifty day simple moving average of $12.74 and a 200-day simple moving average of $11.58. The firm has a market cap of $501.98 million, a P/E ratio of 18.28 and a beta of 0.78. Northfield Bancorp, Inc. has a fifty-two week low of $6.98 and a fifty-two week high of $14.39.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK - Get Free Report) last posted its quarterly earnings data on Wednesday, October 23rd. The bank reported $0.16 earnings per share for the quarter, hitting the consensus estimate 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 business had revenue of $62.90 million during the quarter, compared to the consensus estimate of $32.30 million. Equities analysts predict that Northfield Bancorp, Inc. will post 0.66 EPS for the current year.

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

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 20th. Investors of record on Wednesday, November 6th were paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 4.44%. 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%.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. StockNews.com raised Northfield Bancorp, Inc. (Staten Island, NY) from a "sell" rating to a "hold" rating in a research report on Thursday, December 5th. Keefe, Bruyette & Woods lifted their price target on shares of 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.

Insider Activity 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 that occurred on Monday, December 16th. The shares were sold at an average price of $13.12, for a total value of $288,640.00. Following the completion of the transaction, the director now owns 225,653 shares of the company's stock, valued at approximately $2,960,567.36. This trade represents a 8.88 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 6.48% of the company's stock.

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

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.