Barclays PLC Has $277,000 Stock Holdings in BCB Bancorp, Inc. (NASDAQ:BCBP)

Barclays PLC lifted its holdings in shares of BCB Bancorp, Inc. (NASDAQ:BCBP) by 235.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 22,375 shares of the bank’s stock after buying an additional 15,702 shares during the period. Barclays PLC owned about 0.13% of BCB Bancorp worth $277,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the business. Allspring Global Investments Holdings LLC acquired a new stake in BCB Bancorp in the 2nd quarter valued at about $119,000. Segall Bryant & Hamill LLC acquired a new stake in BCB Bancorp in the 3rd quarter valued at about $1,450,000. AQR Capital Management LLC acquired a new stake in BCB Bancorp in the 2nd quarter valued at about $334,000. CWM LLC lifted its stake in BCB Bancorp by 105.3% in the 3rd quarter. CWM LLC now owns 5,116 shares of the bank’s stock valued at $63,000 after purchasing an additional 2,624 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in BCB Bancorp in the 3rd quarter valued at about $356,000. 36.00% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Keefe, Bruyette & Woods raised their price objective on shares of BCB Bancorp from $13.25 to $13.50 and gave the stock a “market perform” rating in a research report on Tuesday, October 22nd.

Insider Activity at BCB Bancorp

In other BCB Bancorp news, COO Ryan Blake sold 8,677 shares of the business’s stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $13.06, for a total transaction of $113,321.62. Following the sale, the chief operating officer now owns 39,362 shares of the company’s stock, valued at approximately $514,067.72. The trade was a 18.06 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 15.86% of the stock is currently owned by insiders.

BCB Bancorp Stock Up 1.0 %

Shares of BCBP opened at $11.62 on Monday. BCB Bancorp, Inc. has a 12 month low of $9.19 and a 12 month high of $14.04. The firm’s 50 day moving average is $12.60 and its 200-day moving average is $12.07. The stock has a market capitalization of $198.10 million, a PE ratio of 9.93 and a beta of 0.61. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 1.79.

BCB Bancorp (NASDAQ:BCBP) last announced its earnings results on Friday, October 18th. The bank reported $0.36 EPS for the quarter, topping the consensus estimate of $0.32 by $0.04. The company had revenue of $51.75 million for the quarter, compared to analysts’ expectations of $25.29 million. BCB Bancorp had a net margin of 10.59% and a return on equity of 7.31%. Equities research analysts forecast that BCB Bancorp, Inc. will post 1.27 EPS for the current year.

BCB Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Friday, November 1st were paid a $0.16 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $0.64 dividend on an annualized basis and a yield of 5.51%. BCB Bancorp’s dividend payout ratio (DPR) is 54.70%.

About BCB Bancorp

BCB Bancorp, Inc operates as a bank holding company for BCB Community Bank that engages in the provision of banking products and services to businesses and individuals in the United States. The company offers insured deposit products, including savings and club accounts, interest and non-interest-bearing demand accounts, money market accounts, certificates of deposit, and individual retirement accounts.