BNP Paribas Financial Markets Grows Holdings in Columbia Financial, Inc. (NASDAQ:CLBK)

BNP Paribas Financial Markets increased its holdings in shares of Columbia Financial, Inc. (NASDAQ:CLBK) by 146.0% in the third quarter, Holdings Channel reports. The firm owned 15,796 shares of the company’s stock after buying an additional 9,374 shares during the quarter. BNP Paribas Financial Markets’ holdings in Columbia Financial were worth $270,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of CLBK. Blue Trust Inc. purchased a new stake in shares of Columbia Financial in the third quarter valued at about $33,000. Quest Partners LLC increased its position in Columbia Financial by 6,151.2% in the 2nd quarter. Quest Partners LLC now owns 5,376 shares of the company’s stock valued at $80,000 after acquiring an additional 5,290 shares during the period. FMR LLC raised its stake in Columbia Financial by 214.8% during the 3rd quarter. FMR LLC now owns 6,747 shares of the company’s stock valued at $115,000 after acquiring an additional 4,604 shares during the last quarter. SG Americas Securities LLC acquired a new stake in Columbia Financial during the 2nd quarter worth approximately $126,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Columbia Financial by 20.9% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,699 shares of the company’s stock valued at $160,000 after purchasing an additional 1,848 shares during the last quarter. 12.72% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Columbia Financial

In other news, Director Noel R. Holland sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $17.06, for a total value of $170,600.00. Following the completion of the sale, the director now directly owns 30,501 shares of the company’s stock, valued at $520,347.06. This trade represents a 24.69 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 3.38% of the company’s stock.

Columbia Financial Trading Down 1.1 %

NASDAQ:CLBK opened at $16.93 on Monday. Columbia Financial, Inc. has a 12-month low of $13.79 and a 12-month high of $20.46. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.32. The stock’s 50 day simple moving average is $17.58 and its 200-day simple moving average is $16.69. The firm has a market cap of $1.77 billion, a P/E ratio of 112.87 and a beta of 0.19.

Columbia Financial (NASDAQ:CLBK) last announced its quarterly earnings data on Thursday, October 24th. The company reported $0.06 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.06. Columbia Financial had a net margin of 3.35% and a return on equity of 2.09%. The company had revenue of $124.87 million for the quarter, compared to analysts’ expectations of $54.95 million. Equities analysts anticipate that Columbia Financial, Inc. will post 0.17 EPS for the current year.

About Columbia Financial

Columbia Financial, Inc, a bank holding company, provides various financial services to businesses and consumers in the United States. Its deposit products include checking, interest-earning checking products and municipal, savings and club deposits, and money market accounts, as well as certificates of deposit.