Charles Schwab Investment Management Inc. Has $5.85 Million Holdings in NB Bancorp, Inc. (NASDAQ:NBBK)

Charles Schwab Investment Management Inc. boosted its holdings in shares of NB Bancorp, Inc. (NASDAQ:NBBK) by 1.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 315,298 shares of the company’s stock after buying an additional 3,611 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.74% of NB Bancorp worth $5,852,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. International Assets Investment Management LLC grew its stake in shares of NB Bancorp by 1,756.0% in the third quarter. International Assets Investment Management LLC now owns 128,064 shares of the company’s stock valued at $2,377,000 after acquiring an additional 121,164 shares in the last quarter. Endeavour Capital Advisors Inc. lifted its stake in NB Bancorp by 32.7% during the second quarter. Endeavour Capital Advisors Inc. now owns 181,769 shares of the company’s stock worth $2,741,000 after purchasing an additional 44,780 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in NB Bancorp during the second quarter worth $1,820,000. Prospector Partners LLC acquired a new position in shares of NB Bancorp during the second quarter worth $3,653,000. Finally, SG Americas Securities LLC increased its holdings in shares of NB Bancorp by 48.5% during the third quarter. SG Americas Securities LLC now owns 26,291 shares of the company’s stock worth $488,000 after buying an additional 8,589 shares in the last quarter.

NB Bancorp Stock Performance

NBBK stock opened at $20.16 on Friday. NB Bancorp, Inc. has a 1 year low of $13.10 and a 1 year high of $21.05. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.10 and a quick ratio of 1.10. The company’s 50-day moving average is $19.31 and its 200-day moving average is $17.73.

Analysts Set New Price Targets

Separately, Piper Sandler increased their price objective on NB Bancorp from $21.00 to $22.00 and gave the company an “overweight” rating in a report on Thursday, October 31st.

NB Bancorp Company Profile

NB Bancorp, Inc focuses on operating as a bank holding company for Needham Bank that provides various banking products and services in Greater Boston metropolitan area and surrounding communities in Massachusetts, eastern Connecticut, southern New Hampshire, and Rhode Island. The company offers various deposits, including certificate of deposit, individual retirement, money market, savings, NOW, demand deposit, and interest-bearing and noninterest-bearing checking accounts; and commercial real estate and multifamily, one- to four-family residential real estate, construction and land development, commercial and industrial, and consumer loans, as well as home equity loans and lines of credit.