Renaissance Technologies LLC Decreases Position in Columbia Financial, Inc. (NASDAQ:CLBK)

Renaissance Technologies LLC lowered its position in Columbia Financial, Inc. (NASDAQ:CLBK - Free Report) by 4.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 635,432 shares of the company's stock after selling 26,600 shares during the period. Renaissance Technologies LLC owned 0.61% of Columbia Financial worth $10,046,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in CLBK. Invesco Ltd. raised its position in shares of Columbia Financial by 2.1% in the 4th quarter. Invesco Ltd. now owns 42,839 shares of the company's stock worth $677,000 after purchasing an additional 892 shares during the last quarter. SG Americas Securities LLC raised its stake in Columbia Financial by 9.7% during the 4th quarter. SG Americas Securities LLC now owns 15,106 shares of the company's stock valued at $239,000 after buying an additional 1,341 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Columbia Financial by 1.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 230,637 shares of the company's stock valued at $3,646,000 after acquiring an additional 2,946 shares during the period. Blue Trust Inc. lifted its stake in shares of Columbia Financial by 183.7% in the 4th quarter. Blue Trust Inc. now owns 5,541 shares of the company's stock worth $95,000 after purchasing an additional 3,588 shares during the period. Finally, FMR LLC boosted its stake in shares of Columbia Financial by 214.8% during the 3rd quarter. FMR LLC now owns 6,747 shares of the company's stock worth $115,000 after acquiring an additional 4,604 shares during the last quarter. 12.72% of the stock is currently owned by institutional investors.

Columbia Financial Stock Performance

Shares of CLBK remained flat at $13.28 during mid-day trading on Friday. 177,994 shares of the company's stock were exchanged, compared to its average volume of 100,859. The firm has a market capitalization of $1.39 billion, a price-to-earnings ratio of -110.67 and a beta of 0.13. Columbia Financial, Inc. has a fifty-two week low of $12.64 and a fifty-two week high of $19.28. The business's 50 day moving average price is $14.85 and its two-hundred day moving average price is $16.07. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.99 and a current ratio of 0.99.

Columbia Financial (NASDAQ:CLBK - Get Free Report) last posted its quarterly earnings data on Tuesday, January 28th. The company reported $0.11 earnings per share for the quarter, topping analysts' consensus estimates of $0.07 by $0.04. Columbia Financial had a positive return on equity of 2.20% and a negative net margin of 2.39%. On average, research analysts forecast that Columbia Financial, Inc. will post 0.43 EPS for the current fiscal year.

About Columbia Financial

Columbia Financial, Inc, a bank holding company, provides various financial services to businesses and consumers in the United States. Its deposit products include checking, interest-earning checking products and municipal, savings and club deposits, and money market accounts, as well as certificates of deposit.