Sanctuary Advisors LLC Buys New Shares in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK)

Sanctuary Advisors LLC purchased a new stake in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 47,164 shares of the bank’s stock, valued at approximately $547,000. Sanctuary Advisors LLC owned 0.11% of Northfield Bancorp, Inc. (Staten Island, NY) at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of NFBK. Signaturefd LLC increased its position in shares of 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 purchasing an additional 1,488 shares during the period. Quarry LP bought a new position in Northfield Bancorp, Inc. (Staten Island, NY) in the third quarter worth $28,000. Point72 Asset Management L.P. acquired a new stake in Northfield Bancorp, Inc. (Staten Island, NY) during the second quarter worth $30,000. nVerses Capital LLC increased its holdings in Northfield Bancorp, Inc. (Staten Island, NY) by 105.9% in the 2nd 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 period. Finally, Point72 DIFC Ltd acquired a new position in shares of Northfield Bancorp, Inc. (Staten Island, NY) in the 2nd quarter valued at $47,000. 65.51% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Northfield Bancorp, Inc. (Staten Island, NY) news, Director Annette Catino sold 22,000 shares of Northfield Bancorp, Inc. (Staten Island, NY) stock in a transaction on Monday, December 16th. The shares were sold at an average price of $13.12, for a total value of $288,640.00. Following the sale, the director now directly owns 225,653 shares in the company, valued at approximately $2,960,567.36. The trade was a 8.88 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 6.48% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on NFBK shares. StockNews.com raised shares of Northfield Bancorp, Inc. (Staten Island, NY) from a “sell” rating to a “hold” rating in a research report on Thursday, December 5th. Keefe, Bruyette & Woods upped their target price on shares of Northfield Bancorp, Inc. (Staten Island, NY) from $12.50 to $14.25 and gave the stock a “market perform” rating in a research report on Wednesday, December 4th.

Northfield Bancorp, Inc. (Staten Island, NY) Stock Up 0.3 %

NASDAQ:NFBK opened at $11.85 on Thursday. Northfield Bancorp, Inc. has a 1 year low of $6.98 and a 1 year high of $14.39. The stock has a 50-day moving average price of $12.77 and a two-hundred day moving average price of $11.57. The stock has a market cap of $508.41 million, a price-to-earnings ratio of 18.52 and a beta of 0.78. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.50.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) last released its quarterly earnings results on Wednesday, October 23rd. The bank reported $0.16 earnings per share for the quarter, meeting the consensus estimate 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 net margin of 10.94% and a return on equity of 4.05%. As a group, equities analysts expect that Northfield Bancorp, Inc. will post 0.66 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, November 20th. Shareholders 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 4.39%. The ex-dividend date was Wednesday, November 6th. Northfield Bancorp, Inc. (Staten Island, NY)’s dividend payout ratio (DPR) is currently 81.25%.

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