AQR Capital Management LLC Acquires 379,695 Shares of Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK)

AQR Capital Management LLC grew its holdings in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) by 69.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 924,716 shares of the bank’s stock after purchasing an additional 379,695 shares during the quarter. AQR Capital Management LLC owned about 2.09% of Northfield Bancorp, Inc. (Staten Island, NY) worth $8,766,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in NFBK. Vanguard Group Inc. grew its holdings in Northfield Bancorp, Inc. (Staten Island, NY) by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 2,811,707 shares of the bank’s stock worth $27,330,000 after acquiring an additional 17,267 shares during the last quarter. Renaissance Technologies LLC increased its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 3.0% in the second quarter. Renaissance Technologies LLC now owns 1,437,149 shares of the bank’s stock valued at $13,624,000 after purchasing an additional 41,500 shares in the last quarter. American Century Companies Inc. increased its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 11.6% in the second quarter. American Century Companies Inc. now owns 602,688 shares of the bank’s stock valued at $5,713,000 after purchasing an additional 62,473 shares in the last quarter. BHZ Capital Management LP raised its position in Northfield Bancorp, Inc. (Staten Island, NY) by 23.8% in the 4th quarter. BHZ Capital Management LP now owns 234,429 shares of the bank’s stock worth $2,949,000 after purchasing an additional 45,093 shares during the last quarter. Finally, Marshall Wace LLP acquired a new position in Northfield Bancorp, Inc. (Staten Island, NY) during the 2nd quarter worth $2,180,000. Institutional investors own 65.51% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods lifted 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 research note on Tuesday, July 30th.

Northfield Bancorp, Inc. (Staten Island, NY) Stock Down 1.2 %

Shares of NASDAQ NFBK opened at $11.03 on Thursday. Northfield Bancorp, Inc. has a 1 year low of $6.98 and a 1 year high of $13.48. The firm’s 50-day moving average is $11.77 and its 200-day moving average is $10.08. 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 firm has a market capitalization of $489.11 million, a PE ratio of 14.71 and a beta of 0.75.

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

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

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 21st. Stockholders of record on Wednesday, August 7th were given a $0.13 dividend. The ex-dividend date was Wednesday, August 7th. This represents a $0.52 annualized dividend and a dividend yield of 4.71%. Northfield Bancorp, Inc. (Staten Island, NY)’s dividend payout ratio is currently 69.33%.

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.