Strs Ohio Decreases Holdings in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK)

Strs Ohio cut its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) by 9.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 51,200 shares of the bank’s stock after selling 5,500 shares during the quarter. Strs Ohio owned approximately 0.11% of Northfield Bancorp, Inc. (Staten Island, NY) worth $644,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Quantbot Technologies LP bought a new stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) during the 3rd quarter valued at about $48,000. PNC Financial Services Group Inc. boosted its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 41.1% during the 3rd quarter. PNC Financial Services Group Inc. now owns 5,572 shares of the bank’s stock valued at $53,000 after acquiring an additional 1,622 shares during the last quarter. Caxton Associates LP bought a new stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) during the 3rd quarter valued at about $106,000. Nisa Investment Advisors LLC raised its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 21,750.0% during the 4th quarter. Nisa Investment Advisors LLC now owns 8,740 shares of the bank’s stock valued at $110,000 after buying an additional 8,700 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 118.3% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,832 shares of the bank’s stock valued at $150,000 after buying an additional 8,579 shares in the last quarter. 65.51% of the stock is owned by hedge funds and other institutional investors.

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

Shares of Northfield Bancorp, Inc. (Staten Island, NY) stock opened at $8.52 on Friday. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.12 and a quick ratio of 1.12. The business’s 50 day simple moving average is $9.46 and its two-hundred day simple moving average is $10.35. The stock has a market capitalization of $378.80 million, a P/E ratio of 11.29 and a beta of 0.68. Northfield Bancorp, Inc. has a one year low of $7.99 and a one year high of $13.48.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) last announced its quarterly earnings results on Wednesday, April 24th. The bank reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.01). The company had revenue of $62.03 million during the quarter, compared to analysts’ expectations of $30.93 million. Northfield Bancorp, Inc. (Staten Island, NY) had a return on equity of 4.66% and a net margin of 14.02%. Analysts forecast that Northfield Bancorp, Inc. will post 0.71 EPS for the current year.

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

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 22nd. Shareholders of record on Wednesday, May 8th will be paid a $0.13 dividend. The ex-dividend date of this dividend is Tuesday, May 7th. This represents a $0.52 dividend on an annualized basis and a yield of 6.10%. Northfield Bancorp, Inc. (Staten Island, NY)’s dividend payout ratio (DPR) is currently 69.33%.

Wall Street Analyst Weigh In

NFBK has been the topic of a number of research reports. Keefe, Bruyette & Woods decreased their price objective on Northfield Bancorp, Inc. (Staten Island, NY) from $12.00 to $11.00 and set a “market perform” rating on the stock in a report on Friday, April 5th. TheStreet cut Northfield Bancorp, Inc. (Staten Island, NY) from a “b-” rating to a “c+” rating in a report on Friday, March 1st.

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.