Acadian Asset Management LLC Has $83,000 Stake in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK)

Acadian Asset Management LLC decreased its holdings in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) by 73.8% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,810 shares of the bank’s stock after selling 24,796 shares during the quarter. Acadian Asset Management LLC’s holdings in Northfield Bancorp, Inc. (Staten Island, NY) were worth $83,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of NFBK. Victory Capital Management Inc. bought a new position in Northfield Bancorp, Inc. (Staten Island, NY) in the 4th quarter valued at about $132,000. Quest Partners LLC bought a new position in Northfield Bancorp, Inc. (Staten Island, NY) in the 4th quarter valued at about $227,000. rhino investment partners Inc bought a new position in Northfield Bancorp, Inc. (Staten Island, NY) in the 4th quarter valued at about $3,519,000. BHZ Capital Management LP increased its holdings in Northfield Bancorp, Inc. (Staten Island, NY) by 23.8% in the 4th quarter. BHZ Capital Management LP now owns 234,429 shares of the bank’s stock valued at $2,949,000 after buying an additional 45,093 shares during the period. Finally, BNP Paribas Financial Markets increased its holdings in Northfield Bancorp, Inc. (Staten Island, NY) by 76.0% in the 1st quarter. BNP Paribas Financial Markets now owns 19,794 shares of the bank’s stock valued at $192,000 after buying an additional 8,550 shares during the period. Institutional investors and hedge funds own 65.51% of the company’s stock.

Northfield Bancorp, Inc. (Staten Island, NY) Trading Down 2.0 %

Shares of Northfield Bancorp, Inc. (Staten Island, NY) stock opened at $12.00 on Friday. The firm has a market capitalization of $532.13 million, a PE ratio of 16.00 and a beta of 0.75. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.66. The firm’s 50 day moving average is $11.80 and its 200 day moving average is $9.99. Northfield Bancorp, Inc. has a 1 year low of $6.98 and a 1 year high of $13.48.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) last announced its quarterly earnings results on Wednesday, July 24th. The bank reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.03. The company had revenue of $31.55 million for the quarter, compared to analyst estimates of $30.96 million. Northfield Bancorp, Inc. (Staten Island, NY) had a net margin of 12.00% and a return on equity of 4.31%. Equities research analysts forecast that Northfield Bancorp, Inc. will post 0.66 earnings per share for the current fiscal year.

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

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 21st. Investors of record on Wednesday, August 7th were issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 4.33%. The ex-dividend date of this dividend was Wednesday, August 7th. Northfield Bancorp, Inc. (Staten Island, NY)’s dividend payout ratio (DPR) is presently 69.33%.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods raised their target price on shares of Northfield Bancorp, Inc. (Staten Island, NY) from $9.50 to $11.25 and gave the company a “market perform” rating in a report on Tuesday, July 30th.

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

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.