Columbia Financial, Inc. (NASDAQ:CLBK) Stake Boosted by SG Americas Securities LLC

SG Americas Securities LLC raised its holdings in shares of Columbia Financial, Inc. (NASDAQ:CLBK) by 64.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,765 shares of the company’s stock after acquiring an additional 5,374 shares during the quarter. SG Americas Securities LLC’s holdings in Columbia Financial were worth $235,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. BNP Paribas Financial Markets lifted its holdings in shares of Columbia Financial by 101.0% during the 1st quarter. BNP Paribas Financial Markets now owns 16,350 shares of the company’s stock valued at $281,000 after buying an additional 8,216 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of Columbia Financial by 6.5% in the second quarter. Bank of New York Mellon Corp now owns 139,048 shares of the company’s stock valued at $2,082,000 after purchasing an additional 8,521 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Columbia Financial by 20.9% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,699 shares of the company’s stock worth $160,000 after acquiring an additional 1,848 shares in the last quarter. Quest Partners LLC raised its stake in Columbia Financial by 6,151.2% during the second quarter. Quest Partners LLC now owns 5,376 shares of the company’s stock worth $80,000 after acquiring an additional 5,290 shares in the last quarter. Finally, American Century Companies Inc. increased its stake in shares of 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 buying an additional 5,150 shares in the last quarter. Hedge funds and other institutional investors own 12.72% of the company’s stock.

Columbia Financial Stock Performance

Shares of NASDAQ:CLBK opened at $16.81 on Tuesday. The business has a fifty day moving average of $17.06 and a 200-day moving average of $16.21. The firm has a market cap of $1.76 billion, a PE ratio of 105.06 and a beta of 0.18. Columbia Financial, Inc. has a twelve month low of $13.79 and a twelve month high of $20.46. The company has a debt-to-equity ratio of 1.61, a quick ratio of 1.02 and a current ratio of 1.02.

Columbia Financial (NASDAQ:CLBK) last released its quarterly earnings results on Wednesday, July 31st. The company reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.01. Columbia Financial had a return on equity of 2.42% and a net margin of 4.11%. The company had revenue of $53.26 million for the quarter, compared to analyst estimates of $51.80 million. On average, equities research analysts predict that Columbia Financial, Inc. will post 0.17 EPS for the current fiscal year.

Columbia Financial 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.