Fmr LLC Purchases 132,016 Shares of Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK)

Fmr LLC lifted its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) by 226.1% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 190,416 shares of the bank’s stock after purchasing an additional 132,016 shares during the quarter. Fmr LLC owned about 0.44% of Northfield Bancorp, Inc. (Staten Island, NY) worth $2,209,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Signaturefd LLC raised its stake in Northfield Bancorp, Inc. (Staten Island, NY) by 227.2% during the third quarter. Signaturefd LLC now owns 2,143 shares of the bank’s stock valued at $25,000 after buying an additional 1,488 shares during the last quarter. Point72 Asset Management L.P. purchased a new position in Northfield Bancorp, Inc. (Staten Island, NY) during the second quarter valued at $30,000. nVerses Capital LLC raised its stake in Northfield Bancorp, Inc. (Staten Island, NY) by 105.9% during the second quarter. nVerses Capital LLC now owns 3,500 shares of the bank’s stock valued at $33,000 after buying an additional 1,800 shares during the last quarter. Point72 DIFC Ltd purchased a new position in Northfield Bancorp, Inc. (Staten Island, NY) during the second quarter valued at $47,000. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in Northfield Bancorp, Inc. (Staten Island, NY) during the third quarter valued at $138,000. Hedge funds and other institutional investors own 65.51% of the company’s stock.

Analyst Upgrades and Downgrades

NFBK has been the subject of a number of recent research reports. StockNews.com upgraded Northfield Bancorp, Inc. (Staten Island, NY) from a “sell” rating to a “hold” rating in a research note on Thursday, December 5th. Keefe, Bruyette & Woods boosted their price target on Northfield Bancorp, Inc. (Staten Island, NY) from $12.50 to $14.25 and gave the stock a “market perform” rating in a research note on Wednesday, December 4th.

Northfield Bancorp, Inc. (Staten Island, NY) Stock Down 0.1 %

NFBK stock opened at $12.90 on Friday. Northfield Bancorp, Inc. has a 1-year low of $6.98 and a 1-year high of $14.39. The business has a fifty day moving average price of $12.66 and a 200-day moving average price of $11.37. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.09 and a quick ratio of 1.09. The stock has a market capitalization of $553.41 million, a P/E ratio of 20.16 and a beta of 0.78.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) last posted its quarterly earnings data on Wednesday, October 23rd. The bank reported $0.16 EPS for the quarter, meeting analysts’ consensus estimates of $0.16. The company had revenue of $62.90 million during the quarter, compared to analysts’ expectations of $32.30 million. Northfield Bancorp, Inc. (Staten Island, NY) had a return on equity of 4.05% and a net margin of 10.94%. Equities analysts forecast that Northfield Bancorp, Inc. will post 0.66 earnings per share for the current fiscal year.

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

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 20th. Investors of record on Wednesday, November 6th were given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 4.03%. The ex-dividend date was Wednesday, November 6th. Northfield Bancorp, Inc. (Staten Island, NY)’s dividend payout ratio (DPR) is presently 81.25%.

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.