12,676 Shares in NB Bancorp, Inc. (NASDAQ:NBBK) Purchased by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in shares of NB Bancorp, Inc. (NASDAQ:NBBK) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 12,676 shares of the company’s stock, valued at approximately $235,000.

Other hedge funds have also recently modified their holdings of the company. nVerses Capital LLC bought a new stake in shares of NB Bancorp during the 2nd quarter worth approximately $26,000. Fairfield Financial Advisors LTD bought a new stake in shares of NB Bancorp during the second quarter worth $30,000. Acadian Asset Management LLC purchased a new stake in shares of NB Bancorp during the second quarter valued at $95,000. International Assets Investment Management LLC bought a new position in shares of NB Bancorp in the second quarter worth about $104,000. Finally, The Manufacturers Life Insurance Company purchased a new position in NB Bancorp in the 2nd quarter worth about $211,000.

NB Bancorp Stock Down 1.1 %

NBBK opened at $19.67 on Monday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.10 and a current ratio of 1.10. The stock’s fifty day moving average is $19.19 and its two-hundred day moving average is $17.65. NB Bancorp, Inc. has a 52 week low of $13.10 and a 52 week high of $21.05.

Analysts Set New Price Targets

Separately, Piper Sandler boosted their price objective on shares of NB Bancorp from $21.00 to $22.00 and gave the company an “overweight” rating in a research report on Thursday, October 31st.

About NB Bancorp

NB Bancorp, Inc focuses on operating as a bank holding company for Needham Bank that provides various banking products and services in Greater Boston metropolitan area and surrounding communities in Massachusetts, eastern Connecticut, southern New Hampshire, and Rhode Island. The company offers various deposits, including certificate of deposit, individual retirement, money market, savings, NOW, demand deposit, and interest-bearing and noninterest-bearing checking accounts; and commercial real estate and multifamily, one- to four-family residential real estate, construction and land development, commercial and industrial, and consumer loans, as well as home equity loans and lines of credit.