The Manufacturers Life Insurance Company Has $171,000 Holdings in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK)

The Manufacturers Life Insurance Company decreased its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) by 12.0% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 14,739 shares of the bank’s stock after selling 2,013 shares during the period. The Manufacturers Life Insurance Company’s holdings in Northfield Bancorp, Inc. (Staten Island, NY) were worth $171,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in NFBK. Millennium Management LLC lifted its position in Northfield Bancorp, Inc. (Staten Island, NY) by 877.7% during the 2nd quarter. Millennium Management LLC now owns 1,074,151 shares of the bank’s stock worth $10,183,000 after buying an additional 964,286 shares in the last quarter. AQR Capital Management LLC increased its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 69.7% in the second quarter. AQR Capital Management LLC now owns 924,716 shares of the bank’s stock valued at $8,766,000 after acquiring an additional 379,695 shares during the last quarter. Marshall Wace LLP acquired a new stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) in the second quarter valued at about $2,180,000. GSA Capital Partners LLP raised its holdings in Northfield Bancorp, Inc. (Staten Island, NY) by 367.8% during the third quarter. GSA Capital Partners LLP now owns 197,895 shares of the bank’s stock worth $2,296,000 after acquiring an additional 155,592 shares in the last quarter. Finally, Cubist Systematic Strategies LLC boosted its position in Northfield Bancorp, Inc. (Staten Island, NY) by 753.6% during the second quarter. Cubist Systematic Strategies LLC now owns 134,317 shares of the bank’s stock valued at $1,273,000 after purchasing an additional 118,581 shares during the last quarter. Institutional investors and hedge funds own 65.51% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. StockNews.com raised Northfield Bancorp, Inc. (Staten Island, NY) from a “sell” rating to a “hold” rating in a research report on Thursday, December 5th. Keefe, Bruyette & Woods boosted their target price on shares of Northfield Bancorp, Inc. (Staten Island, NY) from $12.50 to $14.25 and gave the stock a “market perform” rating in a report on Wednesday, December 4th.

Northfield Bancorp, Inc. (Staten Island, NY) Trading Up 2.6 %

Shares of NASDAQ:NFBK opened at $13.24 on Tuesday. Northfield Bancorp, Inc. has a 52-week low of $6.98 and a 52-week high of $14.39. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.09 and a current ratio of 1.09. The company has a market capitalization of $568.05 million, a P/E ratio of 20.69 and a beta of 0.78. The company has a 50-day simple moving average of $12.70 and a 200 day simple moving average of $11.42.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) last released its quarterly earnings data on Wednesday, October 23rd. The bank reported $0.16 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.16. The company had revenue of $62.90 million during the quarter, compared to analysts’ expectations of $32.30 million. Northfield Bancorp, Inc. (Staten Island, NY) had a return on equity of 4.05% and a net margin of 10.94%. Sell-side analysts forecast that Northfield Bancorp, Inc. will post 0.66 earnings per share for the current year.

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

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 20th. Shareholders of record on Wednesday, November 6th were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Wednesday, November 6th. This represents a $0.52 dividend on an annualized basis and a yield of 3.93%. Northfield Bancorp, Inc. (Staten Island, NY)’s dividend payout ratio (DPR) is 81.25%.

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