Point72 Asia Singapore Pte. Ltd. lessened its position in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK - Free Report) by 65.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 22,632 shares of the bank's stock after selling 43,489 shares during the quarter. Point72 Asia Singapore Pte. Ltd. owned about 0.05% of Northfield Bancorp, Inc. (Staten Island, NY) worth $263,000 as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in NFBK. Signaturefd LLC lifted its stake 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 worth $25,000 after purchasing an additional 1,488 shares in the last quarter. Point72 Asset Management L.P. purchased a new position in Northfield Bancorp, Inc. (Staten Island, NY) during the second quarter worth approximately $30,000. nVerses Capital LLC lifted its position in Northfield Bancorp, Inc. (Staten Island, NY) by 105.9% during the second quarter. nVerses Capital LLC now owns 3,500 shares of the bank's stock worth $33,000 after buying an additional 1,800 shares in the last quarter. Point72 DIFC Ltd acquired a new position in Northfield Bancorp, Inc. (Staten Island, NY) during the second quarter worth $47,000. Finally, Wealth Enhancement Advisory Services LLC purchased a new stake in Northfield Bancorp, Inc. (Staten Island, NY) in the 3rd quarter valued at $138,000. 65.51% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several research analysts have recently weighed in on the stock. Keefe, Bruyette & Woods boosted 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 research report on Wednesday. StockNews.com lowered Northfield Bancorp, Inc. (Staten Island, NY) from a "hold" rating to a "sell" rating in a research report on Friday, November 22nd.
Check Out Our Latest Research Report on Northfield Bancorp, Inc. (Staten Island, NY)
Northfield Bancorp, Inc. (Staten Island, NY) Trading Up 1.8 %
Northfield Bancorp, Inc. (Staten Island, NY) stock traded up $0.23 during midday trading on Wednesday, reaching $13.26. 142,748 shares of the stock traded hands, compared to its average volume of 267,891. Northfield Bancorp, Inc. has a 12-month low of $6.98 and a 12-month high of $14.39. The company has a 50-day simple moving average of $12.38 and a two-hundred day simple moving average of $11.17. The firm has a market cap of $568.91 million, a PE ratio of 20.17 and a beta of 0.78. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.50.
Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK - Get Free Report) last issued its earnings results on Wednesday, October 23rd. The bank reported $0.16 earnings per share for the quarter, meeting the consensus estimate of $0.16. The firm had revenue of $62.90 million for the quarter, compared to analysts' expectations of $32.30 million. Northfield Bancorp, Inc. (Staten Island, NY) had a net margin of 10.94% and a return on equity of 4.05%. Research analysts expect that Northfield Bancorp, Inc. will post 0.66 earnings per share for the current fiscal year.
Northfield Bancorp, Inc. (Staten Island, NY) Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, November 20th. Shareholders of record on Wednesday, November 6th were paid a $0.13 dividend. The ex-dividend date was Wednesday, November 6th. This represents a $0.52 annualized dividend and a yield of 3.92%. Northfield Bancorp, Inc. (Staten Island, NY)'s dividend payout ratio is currently 81.25%.
Northfield Bancorp, Inc. (Staten Island, NY) Company Profile
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Free Report)
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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