Vanguard Group Inc. Sells 64,079 Shares of Columbia Financial, Inc. (NASDAQ:CLBK)

Vanguard Group Inc. trimmed its position in Columbia Financial, Inc. (NASDAQ:CLBK - Free Report) by 2.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,652,318 shares of the company's stock after selling 64,079 shares during the quarter. Vanguard Group Inc. owned 2.53% of Columbia Financial worth $41,933,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in CLBK. Blue Trust Inc. boosted its stake in Columbia Financial by 183.7% in the fourth quarter. Blue Trust Inc. now owns 5,541 shares of the company's stock valued at $95,000 after buying an additional 3,588 shares in the last quarter. KLP Kapitalforvaltning AS bought a new position in Columbia Financial in the 4th quarter valued at approximately $114,000. FMR LLC lifted its stake in shares of Columbia Financial by 214.8% in the third 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 period. Strategic Advisors LLC acquired a new stake in Columbia Financial during the 4th quarter valued at approximately $165,000. Finally, Raymond James Financial Inc. acquired a new position in shares of Columbia Financial in the 4th quarter worth approximately $208,000. Institutional investors own 12.72% of the company's stock.

Columbia Financial Trading Down 0.4 %

Shares of CLBK traded down $0.06 during trading hours on Thursday, hitting $13.22. 22,182 shares of the stock were exchanged, compared to its average volume of 133,302. The firm has a market capitalization of $1.38 billion, a P/E ratio of -110.20 and a beta of 0.13. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.99 and a quick ratio of 0.99. Columbia Financial, Inc. has a fifty-two week low of $12.64 and a fifty-two week high of $19.28. The business has a 50-day moving average of $14.95 and a 200-day moving average of $16.12.

Columbia Financial (NASDAQ:CLBK - Get Free Report) last issued its earnings results 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 expect that Columbia Financial, Inc. will post 0.43 EPS for the current 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.