BNP Paribas Financial Markets grew its stake in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK – Free Report) by 443.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 43,809 shares of the bank’s stock after buying an additional 35,751 shares during the quarter. BNP Paribas Financial Markets owned 0.10% of Northfield Bancorp, Inc. (Staten Island, NY) worth $508,000 at the end of the most recent reporting period.
Several other large investors also recently made changes to their positions in NFBK. Signaturefd LLC lifted its position in Northfield Bancorp, Inc. (Staten Island, NY) by 227.2% in the 3rd quarter. Signaturefd LLC now owns 2,143 shares of the bank’s stock valued at $25,000 after acquiring an additional 1,488 shares in the last quarter. Point72 Asset Management L.P. bought a new stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) in the second quarter valued at about $30,000. nVerses Capital LLC boosted its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 105.9% during the second quarter. nVerses Capital LLC now owns 3,500 shares of the bank’s stock worth $33,000 after buying an additional 1,800 shares during the period. Point72 DIFC Ltd bought a new position in shares of Northfield Bancorp, Inc. (Staten Island, NY) during the second quarter worth about $47,000. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in Northfield Bancorp, Inc. (Staten Island, NY) in the 3rd quarter valued at approximately $138,000. Institutional investors own 65.51% of the company’s stock.
Wall Street Analyst Weigh In
NFBK has been the subject of a number of recent research reports. StockNews.com raised Northfield Bancorp, Inc. (Staten Island, NY) from a “sell” rating to a “hold” rating in a research report on Thursday, December 5th. Keefe, Bruyette & Woods increased their target price on shares of Northfield Bancorp, Inc. (Staten Island, NY) from $12.50 to $14.25 and gave the stock a “market perform” rating in a report on Wednesday, December 4th.
Northfield Bancorp, Inc. (Staten Island, NY) Stock Performance
Shares of NASDAQ NFBK opened at $12.90 on Friday. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.09 and a current ratio of 1.09. The stock has a 50 day moving average price of $12.66 and a 200 day moving average price of $11.35. The stock has a market capitalization of $553.41 million, a PE ratio of 20.16 and a beta of 0.78. Northfield Bancorp, Inc. has a 52 week low of $6.98 and a 52 week high of $14.39.
Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK – Get Free Report) last released its quarterly earnings data on Wednesday, October 23rd. The bank reported $0.16 EPS for the quarter, meeting the consensus estimate of $0.16. The company had revenue of $62.90 million during the quarter, compared to the consensus estimate of $32.30 million. Northfield Bancorp, Inc. (Staten Island, NY) had a return on equity of 4.05% and a net margin of 10.94%. Analysts predict that Northfield Bancorp, Inc. will post 0.66 earnings per share for the current fiscal year.
Northfield Bancorp, Inc. (Staten Island, NY) Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 20th. Stockholders of record on Wednesday, November 6th were paid a dividend of $0.13 per share. The ex-dividend date was Wednesday, November 6th. This represents a $0.52 annualized dividend and a dividend yield of 4.03%. Northfield Bancorp, Inc. (Staten Island, NY)’s dividend payout ratio is presently 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.
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