Empowered Funds LLC Has $1.43 Million Stock Position in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK)

Empowered Funds LLC raised its position in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) by 5.3% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 122,947 shares of the bank’s stock after acquiring an additional 6,164 shares during the period. Empowered Funds LLC owned approximately 0.28% of Northfield Bancorp, Inc. (Staten Island, NY) worth $1,426,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. CWA Asset Management Group LLC bought a new position in shares of Northfield Bancorp, Inc. (Staten Island, NY) in the 3rd quarter worth $1,084,000. American Century Companies Inc. lifted its stake 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 buying an additional 62,473 shares in the last quarter. Inspire Investing LLC acquired a new position in shares of Northfield Bancorp, Inc. (Staten Island, NY) during the third quarter valued at about $890,000. GSA Capital Partners LLP increased its position in shares of 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, Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) in the 3rd quarter worth about $138,000. Institutional investors and hedge funds own 65.51% of the company’s stock.

Northfield Bancorp, Inc. (Staten Island, NY) Trading Up 1.9 %

Shares of NFBK stock opened at $13.30 on Friday. Northfield Bancorp, Inc. has a 52-week low of $6.98 and a 52-week high of $14.28. The company has a 50-day simple moving average of $12.09 and a two-hundred day simple moving average of $10.89. 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 $570.62 million, a price-to-earnings ratio of 20.78 and a beta of 0.74.

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

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

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 20th. Investors of record on Wednesday, November 6th were issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.91%. The ex-dividend date of this dividend was Wednesday, November 6th. Northfield Bancorp, Inc. (Staten Island, NY)’s dividend payout ratio (DPR) is currently 81.25%.

Analyst Upgrades and Downgrades

NFBK has been the subject of a number of recent research reports. Keefe, Bruyette & Woods boosted their price objective on Northfield Bancorp, Inc. (Staten Island, NY) from $9.50 to $11.25 and gave the stock a “market perform” rating in a report on Tuesday, July 30th. StockNews.com upgraded Northfield Bancorp, Inc. (Staten Island, NY) from a “sell” rating to a “hold” rating in a report on Tuesday, November 12th.

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.