Creative Planning Purchases Shares of 29,566 Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK)

Creative Planning acquired a new position in shares of Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 29,566 shares of the bank’s stock, valued at approximately $280,000. Creative Planning owned approximately 0.07% of Northfield Bancorp, Inc. (Staten Island, NY) as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Illinois Municipal Retirement Fund boosted its holdings in Northfield Bancorp, Inc. (Staten Island, NY) by 5.0% during the first quarter. Illinois Municipal Retirement Fund now owns 23,503 shares of the bank’s stock worth $228,000 after purchasing an additional 1,123 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 3.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 38,748 shares of the bank’s stock worth $377,000 after buying an additional 1,165 shares during the last quarter. nVerses Capital LLC grew its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 105.9% in the second quarter. nVerses Capital LLC now owns 3,500 shares of the bank’s stock valued at $33,000 after acquiring an additional 1,800 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 13.8% during the second quarter. The Manufacturers Life Insurance Company now owns 16,752 shares of the bank’s stock valued at $159,000 after acquiring an additional 2,030 shares during the last quarter. Finally, Caxton Associates LP lifted its holdings in Northfield Bancorp, Inc. (Staten Island, NY) by 31.8% during the first quarter. Caxton Associates LP now owns 14,718 shares of the bank’s stock worth $143,000 after acquiring an additional 3,550 shares during the period. 65.51% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Northfield Bancorp, Inc. (Staten Island, NY) Stock Down 1.7 %

NFBK opened at $12.45 on Friday. Northfield Bancorp, Inc. has a twelve month low of $6.98 and a twelve month high of $13.48. The company’s 50-day moving average price is $11.69 and its two-hundred day moving average price is $10.26. The stock has a market cap of $552.08 million, a price-to-earnings ratio of 16.60 and a beta of 0.75. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.66.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) last posted its quarterly earnings data on Wednesday, July 24th. The bank reported $0.17 EPS for the quarter, beating the consensus estimate of $0.14 by $0.03. Northfield Bancorp, Inc. (Staten Island, NY) had a return on equity of 4.31% and a net margin of 12.00%. The business had revenue of $31.55 million for the quarter, compared to the consensus estimate of $30.96 million. As a group, equities analysts expect that Northfield Bancorp, Inc. will post 0.67 earnings per share for the current year.

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

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 21st. Stockholders of record on Wednesday, August 7th were given a dividend of $0.13 per share. The ex-dividend date was Wednesday, August 7th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 4.18%. Northfield Bancorp, Inc. (Staten Island, NY)’s dividend payout ratio is presently 69.33%.

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.