Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) Shares Acquired by Sei Investments Co.

Sei Investments Co. boosted its holdings in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) by 19.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 39,066 shares of the bank’s stock after purchasing an additional 6,393 shares during the quarter. Sei Investments Co. owned approximately 0.09% of Northfield Bancorp, Inc. (Staten Island, NY) worth $370,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in NFBK. American Century Companies Inc. raised its position in shares of 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 worth $5,713,000 after buying an additional 62,473 shares during the period. BHZ Capital Management LP grew its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 23.8% during the 4th quarter. BHZ Capital Management LP now owns 234,429 shares of the bank’s stock worth $2,949,000 after purchasing an additional 45,093 shares during the period. Renaissance Technologies LLC grew its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 3.0% during the 2nd 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. Acadian Asset Management LLC purchased a new position in Northfield Bancorp, Inc. (Staten Island, NY) in the first quarter valued at approximately $325,000. Finally, State Board of Administration of Florida Retirement System lifted its position in Northfield Bancorp, Inc. (Staten Island, NY) by 169.0% during the first quarter. State Board of Administration of Florida Retirement System now owns 31,863 shares of the bank’s stock valued at $310,000 after buying an additional 20,020 shares in the last quarter. Hedge funds and other institutional investors own 65.51% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods increased their price objective 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 report on Tuesday, July 30th.

Northfield Bancorp, Inc. (Staten Island, NY) Price Performance

Shares of NASDAQ NFBK opened at $11.19 on Friday. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.10 and a quick ratio of 1.10. Northfield Bancorp, Inc. has a 1-year low of $6.98 and a 1-year high of $13.48. The company has a market capitalization of $496.21 million, a price-to-earnings ratio of 14.92 and a beta of 0.75. The business has a 50-day moving average of $11.58 and a 200-day moving average of $10.15.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) last released its quarterly earnings results on Wednesday, July 24th. The bank reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.03. The firm had revenue of $31.55 million during the quarter, compared to analysts’ expectations of $30.96 million. Northfield Bancorp, Inc. (Staten Island, NY) had a return on equity of 4.31% and a net margin of 12.00%. On average, equities analysts anticipate that Northfield Bancorp, Inc. will post 0.66 EPS for the current fiscal year.

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

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 21st. Investors of record on Wednesday, August 7th were paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 4.65%. The ex-dividend date was Wednesday, August 7th. Northfield Bancorp, Inc. (Staten Island, NY)’s dividend payout ratio (DPR) is 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.