Empowered Funds LLC Raises Stock Position in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK)

Empowered Funds LLC increased its stake in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) by 5.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 129,082 shares of the bank’s stock after acquiring an additional 6,135 shares during the quarter. Empowered Funds LLC owned approximately 0.30% of Northfield Bancorp, Inc. (Staten Island, NY) worth $1,500,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC purchased a new stake in Northfield Bancorp, Inc. (Staten Island, NY) in the 3rd quarter worth $547,000. Barclays PLC increased its holdings in Northfield Bancorp, Inc. (Staten Island, NY) by 526.2% in the 3rd quarter. Barclays PLC now owns 89,471 shares of the bank’s stock worth $1,038,000 after acquiring an additional 75,182 shares in the last quarter. State Street Corp increased its holdings in Northfield Bancorp, Inc. (Staten Island, NY) by 36.5% in the 3rd quarter. State Street Corp now owns 1,442,937 shares of the bank’s stock worth $16,738,000 after acquiring an additional 385,711 shares in the last quarter. FMR LLC increased its holdings in Northfield Bancorp, Inc. (Staten Island, NY) by 226.1% in the 3rd quarter. FMR LLC now owns 190,416 shares of the bank’s stock worth $2,209,000 after acquiring an additional 132,016 shares in the last quarter. Finally, Assenagon Asset Management S.A. grew its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 134.0% during the fourth quarter. Assenagon Asset Management S.A. now owns 146,596 shares of the bank’s stock worth $1,703,000 after buying an additional 83,960 shares in the last quarter. Hedge funds and other institutional investors own 65.51% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. StockNews.com raised shares of Northfield Bancorp, Inc. (Staten Island, NY) from a “sell” rating to a “hold” rating in a report on Thursday, December 5th. Keefe, Bruyette & Woods dropped their target price on shares of Northfield Bancorp, Inc. (Staten Island, NY) from $14.25 to $13.00 and set a “market perform” rating for the company in a report on Monday, January 27th.

Insider Buying and Selling at Northfield Bancorp, Inc. (Staten Island, NY)

In other Northfield Bancorp, Inc. (Staten Island, NY) news, Director Annette Catino sold 22,000 shares of the company’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $13.12, for a total value of $288,640.00. Following the transaction, the director now owns 225,653 shares of the company’s stock, valued at $2,960,567.36. This represents a 8.88 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 6.48% of the stock is currently owned by corporate insiders.

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

Shares of NFBK opened at $11.82 on Friday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.03. Northfield Bancorp, Inc. has a 12-month low of $6.98 and a 12-month high of $14.39. The firm has a 50-day moving average price of $11.83 and a 200 day moving average price of $12.02. The firm has a market capitalization of $507.08 million, a P/E ratio of 16.42 and a beta of 0.80.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) last announced its quarterly earnings data on Wednesday, January 22nd. The bank reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.03. Northfield Bancorp, Inc. (Staten Island, NY) had a net margin of 11.76% and a return on equity of 4.12%. Sell-side analysts forecast that Northfield Bancorp, Inc. will post 0.94 EPS for the current year.

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

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 19th. Shareholders of record on Wednesday, February 5th will be given a $0.13 dividend. The ex-dividend date of this dividend is Wednesday, February 5th. This represents a $0.52 dividend on an annualized basis and a yield of 4.40%. Northfield Bancorp, Inc. (Staten Island, NY)’s payout ratio is currently 72.22%.

About Northfield Bancorp, Inc. (Staten Island, NY)

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.