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Roxbury Financial LLC Invests $332,000 in Columbia Financial, Inc. (NASDAQ:CLBK)

Columbia Financial logo with Finance background

Roxbury Financial LLC acquired a new position in Columbia Financial, Inc. (NASDAQ:CLBK - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 21,000 shares of the company's stock, valued at approximately $332,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Barclays PLC boosted its position in shares of Columbia Financial by 132.1% during the third quarter. Barclays PLC now owns 49,452 shares of the company's stock valued at $844,000 after buying an additional 28,147 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of Columbia Financial in the third quarter worth $300,000. Jane Street Group LLC grew its stake in shares of Columbia Financial by 36.9% during the 3rd quarter. Jane Street Group LLC now owns 45,630 shares of the company's stock valued at $779,000 after purchasing an additional 12,291 shares during the period. Creative Planning increased its position in shares of Columbia Financial by 58.9% during the 3rd quarter. Creative Planning now owns 27,715 shares of the company's stock valued at $473,000 after purchasing an additional 10,270 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of Columbia Financial by 43.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 31,961 shares of the company's stock worth $546,000 after purchasing an additional 9,663 shares during the period. 12.72% of the stock is currently owned by hedge funds and other institutional investors.

Columbia Financial Stock Performance

NASDAQ CLBK traded down $0.12 during trading hours on Wednesday, hitting $15.77. 78,504 shares of the company's stock traded hands, compared to its average volume of 103,519. Columbia Financial, Inc. has a 52 week low of $13.79 and a 52 week high of $19.28. The firm has a market capitalization of $1.65 billion, a P/E ratio of -131.42 and a beta of 0.21. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.32. The business's fifty day moving average price is $15.82 and its two-hundred day moving average price is $16.80.

Columbia Financial (NASDAQ:CLBK - Get Free Report) last posted its quarterly earnings data on Tuesday, January 28th. The company reported $0.11 EPS for the quarter, topping the consensus estimate 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%. Equities research analysts predict that Columbia Financial, Inc. will post 0.43 EPS for the current year.

Insider Buying and Selling

In other Columbia Financial news, Director Noel R. Holland sold 10,000 shares of Columbia Financial stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $17.06, for a total value of $170,600.00. Following the sale, the director now directly owns 30,501 shares in the company, valued at approximately $520,347.06. The trade was a 24.69 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 3.38% of the stock is owned by insiders.

Columbia Financial Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Columbia Financial (NASDAQ:CLBK)

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