Sanctuary Advisors LLC Makes New Investment in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK)

Sanctuary Advisors LLC bought a new stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 47,164 shares of the bank's stock, valued at approximately $547,000. Sanctuary Advisors LLC owned 0.11% of Northfield Bancorp, Inc. (Staten Island, NY) as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. nVerses Capital LLC grew its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 105.9% during the 2nd quarter. nVerses Capital LLC now owns 3,500 shares of the bank's stock worth $33,000 after acquiring an additional 1,800 shares during the period. American Century Companies Inc. boosted its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 11.6% during the second quarter. American Century Companies Inc. now owns 602,688 shares of the bank's stock valued at $5,713,000 after purchasing an additional 62,473 shares in the last quarter. Renaissance Technologies LLC grew its stake in Northfield Bancorp, Inc. (Staten Island, NY) by 3.0% in the second quarter. Renaissance Technologies LLC now owns 1,437,149 shares of the bank's stock worth $13,624,000 after purchasing an additional 41,500 shares during the period. Sei Investments Co. raised its holdings in Northfield Bancorp, Inc. (Staten Island, NY) by 19.6% in the second quarter. Sei Investments Co. now owns 39,066 shares of the bank's stock worth $370,000 after purchasing an additional 6,393 shares in the last quarter. Finally, Thrivent Financial for Lutherans lifted its position in Northfield Bancorp, Inc. (Staten Island, NY) by 101.8% during the second quarter. Thrivent Financial for Lutherans now owns 72,843 shares of the bank's stock valued at $691,000 after buying an additional 36,741 shares during the period. Institutional investors own 65.51% of the company's stock.

Insider Transactions at Northfield Bancorp, Inc. (Staten Island, NY)

In other news, Director Annette Catino sold 22,000 shares of the company's stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $13.12, for a total transaction of $288,640.00. Following the completion of the sale, the director now owns 225,653 shares of the company's stock, valued at $2,960,567.36. This represents a 8.88 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 6.48% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. StockNews.com raised shares of Northfield Bancorp, Inc. (Staten Island, NY) from a "sell" rating to a "hold" rating in a research report on Thursday, December 5th. Keefe, Bruyette & Woods boosted their price target on Northfield Bancorp, Inc. (Staten Island, NY) from $12.50 to $14.25 and gave the stock a "market perform" rating in a research report on Wednesday, December 4th.

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

Shares of NFBK traded down $0.06 during trading hours on Thursday, hitting $11.79. The company had a trading volume of 101,961 shares, compared to its average volume of 266,167. The stock has a market capitalization of $505.84 million, a price-to-earnings ratio of 18.42 and a beta of 0.78. The firm has a fifty day moving average price of $12.75 and a 200-day moving average price of $11.57. Northfield Bancorp, Inc. has a 52-week low of $6.98 and a 52-week high of $14.39. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.09 and a current ratio of 1.09.

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 (EPS) for the quarter, hitting the consensus estimate of $0.16. Northfield Bancorp, Inc. (Staten Island, NY) had a net margin of 10.94% and a return on equity of 4.05%. The business had revenue of $62.90 million during the quarter, compared to analysts' expectations of $32.30 million. On average, equities research analysts forecast that Northfield Bancorp, Inc. will post 0.66 EPS for the current fiscal year.

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

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 20th. Investors of record on Wednesday, November 6th were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Wednesday, November 6th. This represents a $0.52 annualized dividend and a dividend yield of 4.41%. Northfield Bancorp, Inc. (Staten Island, NY)'s dividend payout ratio (DPR) is presently 81.25%.

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.