Barclays PLC Has $1.04 Million Stock Position in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK)

Barclays PLC increased its stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) by 526.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 89,471 shares of the bank’s stock after acquiring an additional 75,182 shares during the quarter. Barclays PLC’s holdings in Northfield Bancorp, Inc. (Staten Island, NY) were worth $1,038,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Signaturefd LLC increased its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 227.2% during the 3rd quarter. Signaturefd LLC now owns 2,143 shares of the bank’s stock worth $25,000 after purchasing an additional 1,488 shares during the period. Quarry LP bought a new stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) in the third quarter valued at about $28,000. Point72 Asset Management L.P. acquired a new stake in Northfield Bancorp, Inc. (Staten Island, NY) during the second quarter worth about $30,000. Point72 DIFC Ltd bought a new position in Northfield Bancorp, Inc. (Staten Island, NY) during the second quarter valued at about $47,000. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in Northfield Bancorp, Inc. (Staten Island, NY) in the 3rd quarter valued at approximately $138,000. 65.51% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Northfield Bancorp, Inc. (Staten Island, NY)

In other Northfield Bancorp, Inc. (Staten Island, NY) news, Director Annette Catino sold 22,000 shares of the business’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $13.12, for a total value of $288,640.00. Following the transaction, the director now directly owns 225,653 shares in the company, valued at $2,960,567.36. The trade was a 8.88 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 6.48% of the stock is owned by insiders.

Northfield Bancorp, Inc. (Staten Island, NY) Stock Up 2.2 %

Shares of NFBK opened at $11.37 on Wednesday. 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 50-day moving average price of $12.61 and a two-hundred day moving average price of $11.90. The stock has a market cap of $487.82 million, a price-to-earnings ratio of 17.77 and a beta of 0.80. Northfield Bancorp, Inc. has a 12 month low of $6.98 and a 12 month high of $14.39.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) last posted its earnings results on Wednesday, October 23rd. The bank reported $0.16 EPS for the quarter, hitting the consensus estimate 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 business had revenue of $62.90 million during the quarter, compared to the consensus estimate of $32.30 million. Equities analysts predict that Northfield Bancorp, Inc. will post 0.66 EPS for the current fiscal year.

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

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 20th. Stockholders of record on Wednesday, November 6th were issued a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 4.57%. The ex-dividend date was Wednesday, November 6th. Northfield Bancorp, Inc. (Staten Island, NY)’s payout ratio is 81.25%.

Wall Street Analyst Weigh In

NFBK has been the topic of several recent research reports. StockNews.com raised Northfield Bancorp, Inc. (Staten Island, NY) from a “sell” rating to a “hold” rating in a report on Thursday, December 5th. Keefe, Bruyette & Woods lifted their price target 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 research note on Wednesday, December 4th.

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.