Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) Shares Sold by US Bancorp DE

US Bancorp DE trimmed its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) by 31.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,885 shares of the bank’s stock after selling 2,672 shares during the period. US Bancorp DE’s holdings in Northfield Bancorp, Inc. (Staten Island, NY) were worth $68,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Signaturefd LLC increased its stake in Northfield Bancorp, Inc. (Staten Island, NY) by 227.2% during the third quarter. Signaturefd LLC now owns 2,143 shares of the bank’s stock worth $25,000 after acquiring an additional 1,488 shares during the last quarter. Point72 Asset Management L.P. acquired a new stake in Northfield Bancorp, Inc. (Staten Island, NY) during the 2nd quarter worth approximately $30,000. nVerses Capital LLC increased its position in Northfield Bancorp, Inc. (Staten Island, NY) by 105.9% during the 2nd quarter. nVerses Capital LLC now owns 3,500 shares of the bank’s stock worth $33,000 after purchasing an additional 1,800 shares in the last quarter. Point72 DIFC Ltd purchased a new position in Northfield Bancorp, Inc. (Staten Island, NY) in the second quarter valued at approximately $47,000. Finally, EntryPoint Capital LLC acquired a new position in Northfield Bancorp, Inc. (Staten Island, NY) during the first quarter valued at approximately $53,000. 65.51% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts recently issued reports on NFBK shares. Keefe, Bruyette & Woods increased their price target on 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. StockNews.com upgraded Northfield Bancorp, Inc. (Staten Island, NY) from a “sell” rating to a “hold” rating in a research note on Tuesday, November 12th.

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

Shares of NFBK opened at $13.46 on Monday. Northfield Bancorp, Inc. has a 12 month low of $6.98 and a 12 month high of $14.28. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.09 and a quick ratio of 1.09. The stock has a fifty day moving average price of $11.99 and a 200 day moving average price of $10.82. The company has a market cap of $577.49 million, a P/E ratio of 21.03 and a beta of 0.74.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) last released its quarterly earnings results on Wednesday, October 23rd. The bank reported $0.16 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.16. Northfield Bancorp, Inc. (Staten Island, NY) had a return on equity of 4.05% and a net margin of 10.94%. The company had revenue of $62.90 million for the quarter, compared to analysts’ expectations of $32.30 million. On average, research analysts forecast that Northfield Bancorp, Inc. will post 0.66 earnings per share for the current year.

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

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 20th. Investors of record on Wednesday, November 6th will be paid a dividend of $0.13 per share. The ex-dividend date of this dividend is Wednesday, November 6th. This represents a $0.52 annualized dividend and a yield of 3.86%. Northfield Bancorp, Inc. (Staten Island, NY)’s dividend payout ratio is currently 81.25%.

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