Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. trimmed its stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK - Free Report) by 1.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,271,914 shares of the bank's stock after selling 42,741 shares during the quarter. Vanguard Group Inc. owned about 5.30% of Northfield Bancorp, Inc. (Staten Island, NY) worth $26,400,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. Quantbot Technologies LP acquired a new stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) in the fourth quarter valued at $74,000. KLP Kapitalforvaltning AS acquired a new stake in Northfield Bancorp, Inc. (Staten Island, NY) in the 4th quarter valued at about $107,000. Marshall Financial Group LLC bought a new position in shares of Northfield Bancorp, Inc. (Staten Island, NY) during the 4th quarter valued at about $163,000. Ieq Capital LLC bought a new position in shares of Northfield Bancorp, Inc. (Staten Island, NY) during the 4th quarter valued at about $198,000. Finally, Public Employees Retirement System of Ohio grew its stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 59.4% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 35,544 shares of the bank's stock worth $412,000 after purchasing an additional 13,250 shares during the last quarter. 65.51% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Keefe, Bruyette & Woods lowered their price objective on shares of Northfield Bancorp, Inc. (Staten Island, NY) from $14.25 to $13.00 and set a "market perform" rating on the stock in a research report on Monday, January 27th.

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Northfield Bancorp, Inc. (Staten Island, NY) Stock Down 0.5 %

Shares of Northfield Bancorp, Inc. (Staten Island, NY) stock opened at $9.54 on Tuesday. The stock has a 50-day simple moving average of $11.16 and a 200-day simple moving average of $11.82. Northfield Bancorp, Inc. has a 52-week low of $6.98 and a 52-week high of $14.39. The firm has a market cap of $411.33 million, a price-to-earnings ratio of 13.25 and a beta of 0.68. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.00 and a quick ratio of 1.00.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK - Get Free Report) last announced its quarterly earnings results on Wednesday, January 22nd. The bank reported $0.21 EPS for the quarter, topping the consensus estimate of $0.18 by $0.03. Northfield Bancorp, Inc. (Staten Island, NY) had a net margin of 11.76% and a return on equity of 4.12%. On average, equities research analysts expect that Northfield Bancorp, Inc. will post 0.82 earnings per share for the current fiscal year.

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

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Shareholders of record on Wednesday, February 5th were issued a dividend of $0.13 per share. The ex-dividend date was Wednesday, February 5th. This represents a $0.52 annualized dividend and a yield of 5.45%. Northfield Bancorp, Inc. (Staten Island, NY)'s dividend payout ratio (DPR) is currently 72.22%.

Insider Buying and Selling at Northfield Bancorp, Inc. (Staten Island, NY)

In other news, Director Gil Chapman sold 11,000 shares of the stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $11.89, for a total transaction of $130,790.00. Following the transaction, the director now owns 48,005 shares of the company's stock, valued at approximately $570,779.45. This represents a 18.64 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 6.48% of the company's stock.

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.

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