Thrivent Financial for Lutherans Sells 22,514 Shares of Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK)

Thrivent Financial for Lutherans reduced its stake in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) by 28.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 55,766 shares of the bank’s stock after selling 22,514 shares during the period. Thrivent Financial for Lutherans owned approximately 0.13% of Northfield Bancorp, Inc. (Staten Island, NY) worth $648,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. State Street Corp grew its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 36.5% during the third quarter. State Street Corp now owns 1,442,937 shares of the bank’s stock valued at $16,738,000 after purchasing an additional 385,711 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Northfield Bancorp, Inc. (Staten Island, NY) by 221.4% during the third quarter. JPMorgan Chase & Co. now owns 280,119 shares of the bank’s stock valued at $3,249,000 after buying an additional 192,963 shares during the last quarter. FMR LLC grew its holdings in Northfield Bancorp, Inc. (Staten Island, NY) by 226.1% during the 3rd quarter. FMR LLC now owns 190,416 shares of the bank’s stock valued at $2,209,000 after buying an additional 132,016 shares in the last quarter. Assenagon Asset Management S.A. increased its stake in Northfield Bancorp, Inc. (Staten Island, NY) by 134.0% in the 4th quarter. Assenagon Asset Management S.A. now owns 146,596 shares of the bank’s stock worth $1,703,000 after acquiring an additional 83,960 shares during the last quarter. Finally, Barclays PLC increased its stake in Northfield Bancorp, Inc. (Staten Island, NY) by 526.2% in the 3rd quarter. Barclays PLC now owns 89,471 shares of the bank’s stock worth $1,038,000 after acquiring an additional 75,182 shares during the last quarter. Hedge funds and other institutional investors own 65.51% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Keefe, Bruyette & Woods cut their target price on shares of Northfield Bancorp, Inc. (Staten Island, NY) from $14.25 to $13.00 and set a “market perform” rating for the company in a report on Monday, January 27th. StockNews.com upgraded shares of Northfield Bancorp, Inc. (Staten Island, NY) from a “sell” rating to a “hold” rating in a research report on Thursday, December 5th.

Northfield Bancorp, Inc. (Staten Island, NY) Trading Up 0.6 %

Shares of NFBK stock opened at $11.01 on Thursday. The company has a market cap of $474.71 million, a PE ratio of 15.29 and a beta of 0.68. Northfield Bancorp, Inc. has a 1 year low of $6.98 and a 1 year high of $14.39. The stock’s 50 day simple moving average is $11.53 and its two-hundred day simple moving average is $11.95. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.00 and a quick ratio of 1.00.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) last announced its earnings results on Wednesday, January 22nd. The bank reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.03. Northfield Bancorp, Inc. (Staten Island, NY) had a net margin of 11.76% and a return on equity of 4.12%. Research analysts predict that Northfield Bancorp, Inc. will post 0.82 earnings per share for the current year.

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

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Stockholders of record on Wednesday, February 5th were paid a dividend of $0.13 per share. The ex-dividend date of this dividend was Wednesday, February 5th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 4.72%. Northfield Bancorp, Inc. (Staten Island, NY)’s dividend payout ratio is 72.22%.

Insider Transactions at Northfield Bancorp, Inc. (Staten Island, NY)

In other Northfield Bancorp, Inc. (Staten Island, NY) news, Director Gil Chapman sold 11,000 shares of the firm’s stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $11.89, for a total transaction of $130,790.00. Following the transaction, the director now owns 48,005 shares of the company’s stock, valued at approximately $570,779.45. This trade represents a 18.64 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 6.48% of the company’s stock.

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.