Cwm LLC Boosts Stock Holdings in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK)

Cwm LLC raised its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) by 90.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,057 shares of the bank’s stock after acquiring an additional 12,846 shares during the quarter. Cwm LLC owned about 0.06% of Northfield Bancorp, Inc. (Staten Island, NY) worth $314,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. American Century Companies Inc. boosted 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 purchasing an additional 62,473 shares during the period. Cubist Systematic Strategies LLC lifted its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 753.6% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 134,317 shares of the bank’s stock worth $1,273,000 after acquiring an additional 118,581 shares during the last quarter. AQR Capital Management LLC increased its stake in Northfield Bancorp, Inc. (Staten Island, NY) by 69.7% in the second quarter. AQR Capital Management LLC now owns 924,716 shares of the bank’s stock valued at $8,766,000 after acquiring an additional 379,695 shares during the last quarter. Vanguard Group Inc. raised its position in Northfield Bancorp, Inc. (Staten Island, NY) by 0.6% during the first quarter. Vanguard Group Inc. now owns 2,811,707 shares of the bank’s stock valued at $27,330,000 after purchasing an additional 17,267 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co boosted its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 18.4% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 39,801 shares of the bank’s stock worth $386,000 after purchasing an additional 6,174 shares in the last quarter. 65.51% of the stock is owned by institutional investors.

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

Shares of NFBK stock opened at $11.70 on Tuesday. 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. has a fifty-two week low of $6.98 and a fifty-two week high of $13.48. The company has a market capitalization of $518.82 million, a P/E ratio of 15.60 and a beta of 0.75. The stock has a 50 day moving average price of $11.70 and a two-hundred day moving average price of $10.29.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) last posted its earnings results on Wednesday, July 24th. The bank reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.03. Northfield Bancorp, Inc. (Staten Island, NY) had a return on equity of 4.31% and a net margin of 12.00%. The company had revenue of $31.55 million for the quarter, compared to analysts’ expectations of $30.96 million. Analysts expect that Northfield Bancorp, Inc. will post 0.67 earnings per share for the current year.

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

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 21st. Investors 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 4.44%. The ex-dividend date of this dividend was Wednesday, August 7th. Northfield Bancorp, Inc. (Staten Island, NY)’s payout ratio is currently 69.33%.

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods lifted 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) 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.