Renaissance Technologies LLC Buys 41,500 Shares of Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK)

Renaissance Technologies LLC lifted its stake in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) by 3.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,437,149 shares of the bank’s stock after buying an additional 41,500 shares during the period. Renaissance Technologies LLC owned about 3.24% of Northfield Bancorp, Inc. (Staten Island, NY) worth $13,624,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in NFBK. American Century Companies Inc. raised its holdings in Northfield Bancorp, Inc. (Staten Island, NY) by 11.6% in the 2nd quarter. American Century Companies Inc. now owns 602,688 shares of the bank’s stock valued at $5,713,000 after acquiring an additional 62,473 shares in the last quarter. nVerses Capital LLC raised its stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 105.9% in the second quarter. nVerses Capital LLC now owns 3,500 shares of the bank’s stock valued at $33,000 after purchasing an additional 1,800 shares in the last quarter. CWM LLC boosted its stake in Northfield Bancorp, Inc. (Staten Island, NY) by 518.4% during the second quarter. CWM LLC now owns 14,211 shares of the bank’s stock worth $135,000 after buying an additional 11,913 shares in the last quarter. Caxton Associates LP increased its holdings in Northfield Bancorp, Inc. (Staten Island, NY) by 31.8% in the 1st quarter. Caxton Associates LP now owns 14,718 shares of the bank’s stock valued at $143,000 after buying an additional 3,550 shares during the period. Finally, Price T Rowe Associates Inc. MD raised its stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 3.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 38,748 shares of the bank’s stock valued at $377,000 after buying an additional 1,165 shares in the last quarter. 65.51% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

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

NFBK opened at $12.00 on Monday. Northfield Bancorp, Inc. has a twelve month low of $6.98 and a twelve month high of $13.48. The firm has a market cap of $532.13 million, a price-to-earnings ratio of 16.00 and a beta of 0.75. The firm’s 50-day simple moving average is $11.80 and its 200-day simple moving average is $9.99. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.10 and a current ratio of 1.10.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) last posted its quarterly earnings data on Wednesday, July 24th. The bank reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.03. The company had revenue of $31.55 million during 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 anticipate 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, August 21st. Shareholders of record on Wednesday, August 7th were paid a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a 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 is currently 69.33%.

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.