Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) Shares Sold by Jane Street Group LLC

Jane Street Group LLC reduced its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) by 33.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 130,610 shares of the bank’s stock after selling 67,017 shares during the period. Jane Street Group LLC owned 0.30% of Northfield Bancorp, Inc. (Staten Island, NY) worth $1,515,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Signaturefd LLC increased its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 227.2% during the 3rd quarter. Signaturefd LLC now owns 2,143 shares of the bank’s stock worth $25,000 after purchasing an additional 1,488 shares during the last quarter. Quarry LP purchased a new position in Northfield Bancorp, Inc. (Staten Island, NY) during the third quarter worth about $28,000. Point72 Asset Management L.P. acquired a new stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) during the second quarter valued at about $30,000. nVerses Capital LLC raised its stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 105.9% in the 2nd quarter. nVerses Capital LLC now owns 3,500 shares of the bank’s stock valued at $33,000 after acquiring an additional 1,800 shares during the period. Finally, Point72 DIFC Ltd acquired a new position in shares of Northfield Bancorp, Inc. (Staten Island, NY) in the 2nd quarter worth approximately $47,000. 65.51% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director Annette Catino sold 22,000 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $13.12, for a total value of $288,640.00. Following the sale, the director now owns 225,653 shares in the company, valued at $2,960,567.36. This represents a 8.88 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 6.48% of the stock is currently owned by insiders.

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

Shares of NFBK stock opened at $11.79 on Friday. The stock’s 50-day moving average is $12.75 and its two-hundred day moving average is $11.57. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.09 and a current ratio of 1.09. Northfield Bancorp, Inc. has a 1 year low of $6.98 and a 1 year high of $14.39. The firm has a market cap of $505.84 million, a price-to-earnings ratio of 18.42 and a beta of 0.78.

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

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

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 20th. Shareholders of record on Wednesday, November 6th were issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 4.41%. The ex-dividend date of this dividend was Wednesday, November 6th. Northfield Bancorp, Inc. (Staten Island, NY)’s dividend payout ratio is presently 81.25%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on NFBK. StockNews.com upgraded Northfield Bancorp, Inc. (Staten Island, NY) from a “sell” rating to a “hold” rating in a report on Thursday, December 5th. Keefe, Bruyette & Woods boosted their price target 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 research note on Wednesday, December 4th.

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.