Columbia Financial, Inc. (NASDAQ:CLBK) Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its position in Columbia Financial, Inc. (NASDAQ:CLBK) by 43.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,961 shares of the company’s stock after buying an additional 9,663 shares during the quarter. JPMorgan Chase & Co.’s holdings in Columbia Financial were worth $546,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. Blue Trust Inc. acquired a new position in Columbia Financial during the third quarter worth about $33,000. FMR LLC grew its position in Columbia Financial by 214.8% during the third quarter. FMR LLC now owns 6,747 shares of the company’s stock valued at $115,000 after purchasing an additional 4,604 shares in the last quarter. American Century Companies Inc. grew its stake in Columbia Financial by 13.0% in the second quarter. American Century Companies Inc. now owns 44,668 shares of the company’s stock valued at $669,000 after purchasing an additional 5,150 shares in the last quarter. SG Americas Securities LLC lifted its stake in Columbia Financial by 64.0% in the third quarter. SG Americas Securities LLC now owns 13,765 shares of the company’s stock valued at $235,000 after acquiring an additional 5,374 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its position in Columbia Financial by 146.0% in the third quarter. BNP Paribas Financial Markets now owns 15,796 shares of the company’s stock worth $270,000 after acquiring an additional 9,374 shares in the last quarter. Institutional investors own 12.72% of the company’s stock.

Insider Buying and Selling at Columbia Financial

In related news, Director Noel R. Holland sold 10,000 shares of Columbia Financial stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $17.06, for a total transaction of $170,600.00. Following the sale, the director now directly owns 30,501 shares of the company’s stock, valued at $520,347.06. This trade represents a 24.69 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 3.38% of the company’s stock.

Columbia Financial Stock Performance

CLBK opened at $15.39 on Tuesday. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.99 and a current ratio of 0.99. The company has a market cap of $1.61 billion, a PE ratio of 102.61 and a beta of 0.22. The stock has a 50-day moving average of $16.64 and a 200-day moving average of $16.99. Columbia Financial, Inc. has a 52-week low of $13.79 and a 52-week high of $19.28.

Columbia Financial Company Profile

Columbia Financial, Inc, a bank holding company, provides various financial services to businesses and consumers in the United States. Its deposit products include checking, interest-earning checking products and municipal, savings and club deposits, and money market accounts, as well as certificates of deposit.