UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 6,777 Shares of Columbia Financial, Inc. (NASDAQ:CLBK)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its stake in shares of Columbia Financial, Inc. (NASDAQ:CLBK) by 8.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 72,155 shares of the company’s stock after selling 6,777 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.07% of Columbia Financial worth $1,232,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of CLBK. Dimensional Fund Advisors LP increased its holdings in shares of Columbia Financial by 2.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,765,900 shares of the company’s stock worth $26,433,000 after purchasing an additional 46,813 shares during the period. Bank of New York Mellon Corp raised its holdings in Columbia Financial by 6.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 139,048 shares of the company’s stock valued at $2,082,000 after acquiring an additional 8,521 shares in the last quarter. Edgestream Partners L.P. bought a new stake in shares of Columbia Financial in the 2nd quarter worth approximately $1,659,000. American Century Companies Inc. grew its holdings in shares of Columbia Financial by 13.0% during the 2nd quarter. American Century Companies Inc. now owns 44,668 shares of the company’s stock worth $669,000 after purchasing an additional 5,150 shares in the last quarter. Finally, Creative Planning increased its position in shares of Columbia Financial by 58.9% during the third quarter. Creative Planning now owns 27,715 shares of the company’s stock valued at $473,000 after purchasing an additional 10,270 shares during the period. 12.72% of the stock is currently owned by institutional investors and hedge funds.

Columbia Financial Price Performance

NASDAQ:CLBK opened at $16.64 on Wednesday. Columbia Financial, Inc. has a 52 week low of $13.79 and a 52 week high of $20.46. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.99 and a current ratio of 0.99. The company has a market capitalization of $1.74 billion, a price-to-earnings ratio of 110.93 and a beta of 0.19. The company has a 50-day moving average of $17.60 and a 200-day moving average of $16.73.

Columbia Financial (NASDAQ:CLBK) last released its quarterly earnings data on Thursday, October 24th. The company reported $0.06 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.06. Columbia Financial had a return on equity of 2.09% and a net margin of 3.35%. The firm had revenue of $124.87 million during the quarter, compared to analyst estimates of $54.95 million. As a group, equities research analysts anticipate that Columbia Financial, Inc. will post 0.17 earnings per share for the current fiscal year.

Insider Activity at Columbia Financial

In other Columbia Financial news, Director Noel R. Holland sold 10,000 shares of the firm’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $17.06, for a total value of $170,600.00. Following the completion of the sale, the director now owns 30,501 shares in the company, valued at approximately $520,347.06. This trade represents a 24.69 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 3.38% of the stock is currently owned by insiders.

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.