Cubist Systematic Strategies LLC Purchases 118,581 Shares of Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK)

Cubist Systematic Strategies LLC lifted its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) by 753.6% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 134,317 shares of the bank’s stock after buying an additional 118,581 shares during the quarter. Cubist Systematic Strategies LLC’s holdings in Northfield Bancorp, Inc. (Staten Island, NY) were worth $1,273,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Marshall Wace LLP bought a new position in shares of Northfield Bancorp, Inc. (Staten Island, NY) during the second quarter valued at $2,180,000. American Century Companies Inc. raised its position in Northfield Bancorp, Inc. (Staten Island, NY) by 11.6% during the 2nd quarter. American Century Companies Inc. now owns 602,688 shares of the bank’s stock worth $5,713,000 after purchasing an additional 62,473 shares during the last quarter. BHZ Capital Management LP lifted its holdings in Northfield Bancorp, Inc. (Staten Island, NY) by 23.8% during the 4th quarter. BHZ Capital Management LP now owns 234,429 shares of the bank’s stock worth $2,949,000 after buying an additional 45,093 shares during the period. Renaissance Technologies LLC grew its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 3.0% in the 2nd quarter. Renaissance Technologies LLC now owns 1,437,149 shares of the bank’s stock valued at $13,624,000 after buying an additional 41,500 shares during the last quarter. Finally, Thrivent Financial for Lutherans increased its stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 101.8% in the second quarter. Thrivent Financial for Lutherans now owns 72,843 shares of the bank’s stock valued at $691,000 after buying an additional 36,741 shares during the period. Institutional investors and hedge funds own 65.51% of the company’s stock.

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

Shares of Northfield Bancorp, Inc. (Staten Island, NY) stock opened at $11.16 on Wednesday. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.66. The company has a market cap of $494.88 million, a P/E ratio of 14.88 and a beta of 0.75. The business has a 50-day moving average price of $11.80 and a two-hundred day moving average price of $10.06. Northfield Bancorp, Inc. has a 1-year low of $6.98 and a 1-year high of $13.48.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) last released its quarterly earnings data on Wednesday, July 24th. The bank reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.03. The company had revenue of $31.55 million for the quarter, compared to analysts’ expectations of $30.96 million. Northfield Bancorp, Inc. (Staten Island, NY) had a net margin of 12.00% and a return on equity of 4.31%. As a group, analysts anticipate that Northfield Bancorp, Inc. will post 0.66 EPS for the current year.

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

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 21st. Shareholders of record on Wednesday, August 7th were paid a $0.13 dividend. The ex-dividend date was Wednesday, August 7th. This represents a $0.52 dividend on an annualized basis and a yield of 4.66%. Northfield Bancorp, Inc. (Staten Island, NY)’s dividend payout ratio (DPR) is presently 69.33%.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods upped their target price on Northfield Bancorp, Inc. (Staten Island, NY) from $9.50 to $11.25 and gave the company a “market perform” rating in a report on Tuesday, July 30th.

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.