Barclays PLC grew its holdings in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK – Free Report) by 526.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 89,471 shares of the bank’s stock after purchasing an additional 75,182 shares during the period. Barclays PLC owned about 0.21% of Northfield Bancorp, Inc. (Staten Island, NY) worth $1,038,000 as of its most recent SEC filing.
A number of other hedge funds have also made changes to their positions in the stock. 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 worth $25,000 after buying an additional 1,488 shares in the last quarter. Quarry LP purchased a new position in shares of Northfield Bancorp, Inc. (Staten Island, NY) during the 3rd quarter valued at $28,000. Point72 Asset Management L.P. acquired a new position in shares of Northfield Bancorp, Inc. (Staten Island, NY) in the second quarter worth $30,000. Point72 DIFC Ltd purchased a new stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) during the second quarter worth $47,000. Finally, Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) during the third quarter worth $138,000. 65.51% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other Northfield Bancorp, Inc. (Staten Island, NY) news, Director Annette Catino sold 22,000 shares of the business’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $13.12, for a total transaction of $288,640.00. Following the completion of the transaction, the director now owns 225,653 shares of the company’s stock, valued at $2,960,567.36. The trade was a 8.88 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 6.48% of the stock is owned by insiders.
Northfield Bancorp, Inc. (Staten Island, NY) Trading Up 2.2 %
Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK – Get Free Report) last released its quarterly earnings results on Wednesday, October 23rd. The bank reported $0.16 earnings per share (EPS) for the quarter, hitting the consensus estimate 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 during the quarter, compared to the consensus estimate of $32.30 million. On average, analysts forecast that Northfield Bancorp, Inc. will post 0.66 earnings per share for the current fiscal year.
Northfield Bancorp, Inc. (Staten Island, NY) Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 20th. Investors of record on Wednesday, November 6th were issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 4.57%. The ex-dividend date was Wednesday, November 6th. Northfield Bancorp, Inc. (Staten Island, NY)’s dividend payout ratio is currently 81.25%.
Wall Street Analyst Weigh In
A number of equities research analysts have recently weighed in on NFBK shares. StockNews.com raised Northfield Bancorp, Inc. (Staten Island, NY) from a “sell” rating to a “hold” rating in a research note on Thursday, December 5th. Keefe, Bruyette & Woods increased their price objective on 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.
Check Out Our Latest Stock Analysis on Northfield Bancorp, Inc. (Staten Island, NY)
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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