SG Americas Securities LLC Takes $316,000 Position in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK)

SG Americas Securities LLC purchased a new position in shares of Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 27,269 shares of the bank’s stock, valued at approximately $316,000. SG Americas Securities LLC owned approximately 0.06% of Northfield Bancorp, Inc. (Staten Island, NY) at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Point72 Asset Management L.P. purchased a new position in shares of Northfield Bancorp, Inc. (Staten Island, NY) during the second quarter worth about $30,000. nVerses Capital LLC lifted its stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 105.9% in the second quarter. nVerses Capital LLC now owns 3,500 shares of the bank’s stock valued at $33,000 after purchasing an additional 1,800 shares during the period. Point72 DIFC Ltd acquired a new stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) in the 2nd quarter worth approximately $47,000. EntryPoint Capital LLC purchased a new position in shares of Northfield Bancorp, Inc. (Staten Island, NY) in the first quarter valued at $53,000. Finally, CWM LLC raised its position in Northfield Bancorp, Inc. (Staten Island, NY) by 518.4% during the second quarter. CWM LLC now owns 14,211 shares of the bank’s stock worth $135,000 after acquiring an additional 11,913 shares during the last quarter. 65.51% of the stock is owned by hedge funds and other institutional investors.

Northfield Bancorp, Inc. (Staten Island, NY) Stock Down 1.7 %

Shares of Northfield Bancorp, Inc. (Staten Island, NY) stock opened at $12.45 on Friday. The company has a fifty day moving average price of $11.69 and a 200 day moving average price of $10.26. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.66. Northfield Bancorp, Inc. has a twelve month low of $6.98 and a twelve month high of $13.48. The stock has a market cap of $552.08 million, a price-to-earnings ratio of 16.60 and a beta of 0.75.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) last released its quarterly earnings results on Wednesday, July 24th. The bank reported $0.17 EPS for the quarter, topping the consensus estimate of $0.14 by $0.03. Northfield Bancorp, Inc. (Staten Island, NY) had a return on equity of 4.31% and a net margin of 12.00%. The firm had revenue of $31.55 million for the quarter, compared to analyst estimates of $30.96 million. Equities research analysts forecast that Northfield Bancorp, Inc. will post 0.67 earnings per share for the current fiscal year.

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

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 21st. Shareholders of record on Wednesday, August 7th were issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 4.18%. The ex-dividend date was Wednesday, August 7th. Northfield Bancorp, Inc. (Staten Island, NY)’s dividend payout ratio is currently 69.33%.

Analyst Ratings Changes

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

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

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.