Fmr LLC Grows Stock Holdings in Columbia Financial, Inc. (NASDAQ:CLBK)

Fmr LLC boosted its holdings in shares of Columbia Financial, Inc. (NASDAQ:CLBK) by 214.8% in the third quarter, HoldingsChannel.com reports. The fund owned 6,747 shares of the company’s stock after buying an additional 4,604 shares during the quarter. Fmr LLC’s holdings in Columbia Financial were worth $115,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in CLBK. Blue Trust Inc. purchased a new position in shares of Columbia Financial during the third quarter valued at approximately $33,000. Quest Partners LLC boosted its position in shares of Columbia Financial by 6,151.2% in the second quarter. Quest Partners LLC now owns 5,376 shares of the company’s stock worth $80,000 after acquiring an additional 5,290 shares during the last quarter. SG Americas Securities LLC acquired a new stake in shares of Columbia Financial during the 2nd quarter worth $126,000. Zurcher Kantonalbank Zurich Cantonalbank lifted 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 in the last quarter. Finally, Marshall Wace LLP acquired a new stake in shares of Columbia Financial in the second quarter worth $162,000. 12.72% of the stock is currently owned by hedge funds and other institutional investors.

Columbia Financial Stock Performance

Columbia Financial stock opened at $15.93 on Monday. Columbia Financial, Inc. has a one year low of $13.79 and a one year high of $20.46. The firm has a market capitalization of $1.67 billion, a PE ratio of 106.21 and a beta of 0.19. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.99 and a current ratio of 0.99. The stock’s 50 day moving average price is $17.57 and its 200 day moving average price is $16.76.

Columbia Financial (NASDAQ:CLBK) last posted its quarterly earnings data on Thursday, October 24th. The company reported $0.06 EPS for the quarter, meeting analysts’ consensus estimates of $0.06. Columbia Financial had a net margin of 3.35% and a return on equity of 2.09%. The firm had revenue of $124.87 million for the quarter, compared to the consensus estimate of $54.95 million. As a group, sell-side analysts expect that Columbia Financial, Inc. will post 0.17 EPS for the current fiscal year.

Insider Buying and Selling at Columbia Financial

In related news, Director Noel R. Holland sold 10,000 shares of the 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 transaction, the director now directly owns 30,501 shares of the company’s stock, valued at $520,347.06. This represents a 24.69 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 3.38% of the stock is currently owned by insiders.

Columbia Financial Profile

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.