Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) Stock Price Crosses Above 200 Day Moving Average of $13.89

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBKGet Rating)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $13.89 and traded as high as $15.12. Northfield Bancorp, Inc. (Staten Island, NY) shares last traded at $15.03, with a volume of 127,904 shares changing hands.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on NFBK shares. DA Davidson reaffirmed a “neutral” rating on shares of Northfield Bancorp, Inc. (Staten Island, NY) in a report on Wednesday, July 27th. Piper Sandler lowered their price target on shares of Northfield Bancorp, Inc. (Staten Island, NY) from $16.00 to $14.00 and set a “neutral” rating on the stock in a report on Tuesday, June 21st.

Northfield Bancorp, Inc. (Staten Island, NY) Price Performance

The firm’s fifty day moving average price is $14.58 and its 200 day moving average price is $13.89. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.54. The stock has a market cap of $727.59 million, a PE ratio of 11.47 and a beta of 0.69.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBKGet Rating) last released its earnings results on Wednesday, July 27th. The bank reported $0.34 EPS for the quarter, topping the consensus estimate of $0.27 by $0.07. Northfield Bancorp, Inc. (Staten Island, NY) had a net margin of 35.13% and a return on equity of 8.55%. The firm had revenue of $40.85 million for the quarter, compared to the consensus estimate of $39.00 million. As a group, equities analysts expect that Northfield Bancorp, Inc. will post 1.29 EPS for the current fiscal year.

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

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 24th. Investors of record on Wednesday, August 10th were given a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 3.46%. The ex-dividend date of this dividend was Tuesday, August 9th. Northfield Bancorp, Inc. (Staten Island, NY)’s dividend payout ratio is presently 39.69%.

Insider Buying and Selling

In related news, Director Patrick Louis Ryan sold 3,500 shares of the business’s stock in a transaction on Wednesday, August 10th. The shares were sold at an average price of $14.83, for a total value of $51,905.00. Following the sale, the director now owns 45,208 shares in the company, valued at $670,434.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 6.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Northfield Bancorp, Inc. (Staten Island, NY)

Large investors have recently bought and sold shares of the business. Captrust Financial Advisors increased its position in Northfield Bancorp, Inc. (Staten Island, NY) by 171.8% during the first quarter. Captrust Financial Advisors now owns 2,264 shares of the bank’s stock valued at $33,000 after acquiring an additional 1,431 shares during the last quarter. Herold Advisors Inc. bought a new position in Northfield Bancorp, Inc. (Staten Island, NY) during the first quarter valued at $43,000. Mutual of America Capital Management LLC increased its position in Northfield Bancorp, Inc. (Staten Island, NY) by 15.7% during the second quarter. Mutual of America Capital Management LLC now owns 7,227 shares of the bank’s stock valued at $94,000 after acquiring an additional 979 shares during the last quarter. Pinnacle Wealth Planning Services Inc. bought a new position in Northfield Bancorp, Inc. (Staten Island, NY) during the second quarter valued at $130,000. Finally, Trexquant Investment LP bought a new position in Northfield Bancorp, Inc. (Staten Island, NY) during the second quarter valued at $137,000. Institutional investors own 58.06% of the company’s stock.

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

(Get Rating)

Northfield Bancorp, Inc (Staten Island, NY) operates as the bank holding company for Northfield Bank that provides various banking 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; individual retirement accounts; and brokered deposits.

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