Renaissance Technologies LLC Sells 109,100 Shares of Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK)

Renaissance Technologies LLC reduced its stake in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK - Free Report) by 8.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,177,649 shares of the bank's stock after selling 109,100 shares during the period. Renaissance Technologies LLC owned 2.75% of Northfield Bancorp, Inc. (Staten Island, NY) worth $13,684,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Quantbot Technologies LP acquired a new stake in Northfield Bancorp, Inc. (Staten Island, NY) in the 4th quarter valued at about $74,000. KLP Kapitalforvaltning AS bought a new stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) during the 4th quarter worth $107,000. Marshall Financial Group LLC acquired a new stake in Northfield Bancorp, Inc. (Staten Island, NY) during the 4th quarter worth about $163,000. Ieq Capital LLC purchased a new stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) in the 4th quarter valued at approximately $198,000. Finally, Polymer Capital Management US LLC purchased a new stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) in the fourth quarter valued at $208,000. 65.51% of the stock is currently owned by institutional investors.

Northfield Bancorp, Inc. (Staten Island, NY) Stock Up 1.0 %

Shares of NFBK stock traded up $0.10 on Friday, hitting $9.66. The company's stock had a trading volume of 218,417 shares, compared to its average volume of 256,819. The stock has a market capitalization of $412.25 million, a price-to-earnings ratio of 13.42 and a beta of 0.68. Northfield Bancorp, Inc. has a fifty-two week low of $6.98 and a fifty-two week high of $14.39. The firm's fifty day moving average price is $10.97 and its 200-day moving average price is $11.78. 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 earnings per share for the quarter, topping analysts' consensus estimates of $0.18 by $0.03. Northfield Bancorp, Inc. (Staten Island, NY) had a return on equity of 4.12% and a net margin of 11.76%. Research analysts anticipate that Northfield Bancorp, Inc. will post 0.82 EPS for the current year.

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

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Shareholders of record on Wednesday, February 5th were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Wednesday, February 5th. This represents a $0.52 dividend on an annualized basis and a yield of 5.38%. Northfield Bancorp, Inc. (Staten Island, NY)'s payout ratio is currently 72.22%.

Wall Street Analyst Weigh In

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

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

In other Northfield Bancorp, Inc. (Staten Island, NY) news, Director Gil Chapman sold 11,000 shares of the business's stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $11.89, for a total transaction of $130,790.00. Following the completion of the transaction, the director now owns 48,005 shares of the company's stock, valued at $570,779.45. The trade was a 18.64 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 6.48% of the company's stock.

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