Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) Shares Sold by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D reduced its position in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK - Free Report) by 24.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 163,932 shares of the bank's stock after selling 52,455 shares during the quarter. State of New Jersey Common Pension Fund D owned 0.38% of Northfield Bancorp, Inc. (Staten Island, NY) worth $1,902,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of NFBK. CWA Asset Management Group LLC bought a new position in Northfield Bancorp, Inc. (Staten Island, NY) in the 3rd quarter valued at $1,084,000. American Century Companies Inc. increased its stake in 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 worth $5,713,000 after buying an additional 62,473 shares during the period. Inspire Investing LLC bought a new stake in Northfield Bancorp, Inc. (Staten Island, NY) during the 3rd quarter valued at about $890,000. Cubist Systematic Strategies LLC boosted its position in Northfield Bancorp, Inc. (Staten Island, NY) by 753.6% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 134,317 shares of the bank's stock valued at $1,273,000 after buying an additional 118,581 shares during the period. Finally, AQR Capital Management LLC increased its position in shares of 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 acquiring an additional 379,695 shares during the period. Hedge funds and other institutional investors own 65.51% of the company's stock.

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

Shares of NFBK stock traded down $0.25 during trading hours on Monday, hitting $13.21. The company's stock had a trading volume of 104,826 shares, compared to its average volume of 274,672. 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 company has a 50 day moving average of $11.99 and a 200 day moving average of $10.82. Northfield Bancorp, Inc. has a 12-month low of $6.98 and a 12-month high of $14.28. The stock has a market cap of $566.76 million, a PE ratio of 20.64 and a beta of 0.74.

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, hitting the consensus estimate of $0.16. The company had revenue of $62.90 million for the quarter, compared to the consensus estimate 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, sell-side analysts forecast that Northfield Bancorp, Inc. will post 0.66 EPS for the current fiscal year.

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

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 20th. Shareholders of record on Wednesday, November 6th will be given a $0.13 dividend. The ex-dividend date of this dividend is Wednesday, November 6th. This represents a $0.52 annualized dividend and a yield of 3.94%. Northfield Bancorp, Inc. (Staten Island, NY)'s dividend payout ratio is presently 81.25%.

Wall Street Analyst Weigh In

NFBK has been the subject of several research reports. StockNews.com upgraded Northfield Bancorp, Inc. (Staten Island, NY) from a "sell" rating to a "hold" rating in a report on Tuesday, November 12th. Keefe, Bruyette & Woods increased their target price 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 report 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.