Quantbot Technologies LP Purchases Shares of 6,336 Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK)

Quantbot Technologies LP acquired a new position in shares of Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 6,336 shares of the bank’s stock, valued at approximately $74,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Thrivent Financial for Lutherans boosted its stake in Northfield Bancorp, Inc. (Staten Island, NY) by 7.5% during the third quarter. Thrivent Financial for Lutherans now owns 78,280 shares of the bank’s stock worth $908,000 after buying an additional 5,437 shares in the last quarter. FMR LLC boosted its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 226.1% during the 3rd quarter. FMR LLC now owns 190,416 shares of the bank’s stock valued at $2,209,000 after acquiring an additional 132,016 shares in the last quarter. BNP Paribas Financial Markets increased its stake in Northfield Bancorp, Inc. (Staten Island, NY) by 443.7% in the third quarter. BNP Paribas Financial Markets now owns 43,809 shares of the bank’s stock valued at $508,000 after acquiring an additional 35,751 shares during the period. Jacobs Levy Equity Management Inc. raised its position in Northfield Bancorp, Inc. (Staten Island, NY) by 48.9% in the third quarter. Jacobs Levy Equity Management Inc. now owns 201,067 shares of the bank’s stock worth $2,332,000 after purchasing an additional 66,003 shares in the last quarter. Finally, Point72 Asset Management L.P. lifted its stake in Northfield Bancorp, Inc. (Staten Island, NY) by 57.9% during the third quarter. Point72 Asset Management L.P. now owns 5,054 shares of the bank’s stock worth $59,000 after purchasing an additional 1,854 shares during the period. 65.51% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on NFBK shares. StockNews.com upgraded 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 cut their price objective on 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.

Insiders Place Their Bets

In other news, Director Gil Chapman sold 11,000 shares of the business’s stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $11.89, for a total transaction of $130,790.00. Following the completion of the sale, the director now owns 48,005 shares in the company, valued at $570,779.45. The trade was a 18.64 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 6.48% of the company’s stock.

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

NASDAQ:NFBK opened at $10.91 on Tuesday. The stock has a market capitalization of $470.40 million, a P/E ratio of 15.15 and a beta of 0.77. 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 1 year low of $6.98 and a 1 year high of $14.39. The firm has a 50 day moving average of $11.55 and a 200-day moving average of $11.96.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) last issued its quarterly earnings data on Wednesday, January 22nd. The bank reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.03. Northfield Bancorp, Inc. (Staten Island, NY) had a return on equity of 4.12% and a net margin of 11.76%. As a group, sell-side analysts anticipate that Northfield Bancorp, Inc. will post 0.82 EPS for the current fiscal year.

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

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Wednesday, February 5th were given a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 4.77%. The ex-dividend date of this dividend was Wednesday, February 5th. Northfield Bancorp, Inc. (Staten Island, NY)’s dividend payout ratio (DPR) is presently 72.22%.

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