Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) Shares Sold by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D cut its position in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) by 21.7% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 216,387 shares of the bank’s stock after selling 59,937 shares during the quarter. State of New Jersey Common Pension Fund D owned approximately 0.49% of Northfield Bancorp, Inc. (Staten Island, NY) worth $2,051,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in Northfield Bancorp, Inc. (Staten Island, NY) by 0.6% in the first quarter. Vanguard Group Inc. now owns 2,811,707 shares of the bank’s stock valued at $27,330,000 after purchasing an additional 17,267 shares during the period. rhino investment partners Inc acquired a new position in Northfield Bancorp, Inc. (Staten Island, NY) in the 4th quarter valued at about $3,519,000. BHZ Capital Management LP raised its stake in Northfield Bancorp, Inc. (Staten Island, NY) by 23.8% during the 4th quarter. BHZ Capital Management LP now owns 234,429 shares of the bank’s stock valued at $2,949,000 after acquiring an additional 45,093 shares during the last quarter. Empowered Funds LLC lifted its position in Northfield Bancorp, Inc. (Staten Island, NY) by 8.2% during the 1st quarter. Empowered Funds LLC now owns 138,901 shares of the bank’s stock worth $1,350,000 after acquiring an additional 10,500 shares during the period. Finally, CANADA LIFE ASSURANCE Co lifted its position in Northfield Bancorp, Inc. (Staten Island, NY) by 18.4% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 39,801 shares of the bank’s stock worth $386,000 after acquiring an additional 6,174 shares during the period. Hedge funds and other institutional investors own 65.51% of the company’s stock.

Northfield Bancorp, Inc. (Staten Island, NY) Stock Down 2.0 %

Shares of NASDAQ:NFBK opened at $12.00 on Friday. Northfield Bancorp, Inc. has a fifty-two week low of $6.98 and a fifty-two week high of $13.48. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.66. The firm’s 50-day simple moving average is $11.80 and its 200-day simple moving average is $9.99. The company has a market cap of $532.13 million, a price-to-earnings ratio of 16.00 and a beta of 0.75.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) last announced its quarterly earnings data on Wednesday, July 24th. The bank reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.03. The company had revenue of $31.55 million for the quarter, compared to analyst estimates of $30.96 million. Northfield Bancorp, Inc. (Staten Island, NY) had a return on equity of 4.31% and a net margin of 12.00%. As a group, equities research 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, August 21st. Shareholders of record on Wednesday, August 7th were given a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 4.33%. The ex-dividend date of this dividend was Wednesday, August 7th. Northfield Bancorp, Inc. (Staten Island, NY)’s payout ratio is 69.33%.

Analyst Upgrades and Downgrades

Separately, Keefe, Bruyette & Woods upped their price target on Northfield Bancorp, Inc. (Staten Island, NY) from $9.50 to $11.25 and gave the stock a “market perform” rating in a research note on Tuesday, July 30th.

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.