Stifel Financial Corp Has $731,000 Stake in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK)

Stifel Financial Corp reduced its stake in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) by 4.4% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 63,009 shares of the bank’s stock after selling 2,900 shares during the quarter. Stifel Financial Corp’s holdings in Northfield Bancorp, Inc. (Staten Island, NY) were worth $731,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in NFBK. Signaturefd LLC grew its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 227.2% in the third quarter. Signaturefd LLC now owns 2,143 shares of the bank’s stock valued at $25,000 after purchasing an additional 1,488 shares during the last quarter. Quarry LP acquired a new position in shares of Northfield Bancorp, Inc. (Staten Island, NY) during the 3rd quarter worth about $28,000. Point72 Asset Management L.P. bought a new stake in Northfield Bancorp, Inc. (Staten Island, NY) during the 2nd quarter valued at approximately $30,000. nVerses Capital LLC grew its holdings in Northfield Bancorp, Inc. (Staten Island, NY) by 105.9% in the 2nd quarter. nVerses Capital LLC now owns 3,500 shares of the bank’s stock valued at $33,000 after buying an additional 1,800 shares during the last quarter. Finally, Point72 DIFC Ltd acquired a new stake in Northfield Bancorp, Inc. (Staten Island, NY) in the 2nd quarter valued at approximately $47,000. Institutional investors and hedge funds own 65.51% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on NFBK shares. Keefe, Bruyette & Woods upped their price target on 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. StockNews.com raised shares of Northfield Bancorp, Inc. (Staten Island, NY) from a “sell” rating to a “hold” rating in a research report on Thursday, December 5th.

Northfield Bancorp, Inc. (Staten Island, NY) Stock Up 0.3 %

NFBK stock opened at $11.85 on Thursday. Northfield Bancorp, Inc. has a twelve month low of $6.98 and a twelve month high of $14.39. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.50. The company has a market cap of $508.41 million, a PE ratio of 18.52 and a beta of 0.78. The business’s 50-day simple moving average is $12.77 and its 200 day simple moving average is $11.57.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) last announced its quarterly earnings data on Wednesday, October 23rd. The bank reported $0.16 earnings per share for the quarter, hitting the consensus estimate of $0.16. The company had revenue of $62.90 million for the quarter, compared to analyst estimates 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%. On average, research analysts anticipate 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. Stockholders of record on Wednesday, November 6th were paid a $0.13 dividend. The ex-dividend date of this dividend was Wednesday, November 6th. This represents a $0.52 annualized dividend and a dividend yield of 4.39%. Northfield Bancorp, Inc. (Staten Island, NY)’s dividend payout ratio is currently 81.25%.

Insider Buying and Selling

In related news, Director Annette Catino sold 22,000 shares of Northfield Bancorp, Inc. (Staten Island, NY) stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $13.12, for a total transaction of $288,640.00. Following the completion of the transaction, the director now directly owns 225,653 shares of the company’s stock, valued at $2,960,567.36. This trade represents a 8.88 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 6.48% of the stock is owned by corporate insiders.

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.