9,200 Shares in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) Purchased by KLP Kapitalforvaltning AS

KLP Kapitalforvaltning AS purchased a new stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) in the 4th quarter, Holdings Channel.com reports. The firm purchased 9,200 shares of the bank’s stock, valued at approximately $107,000.

A number of other large investors have also added to or reduced their stakes in the company. State Street Corp grew its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 36.5% in the third quarter. State Street Corp now owns 1,442,937 shares of the bank’s stock valued at $16,738,000 after purchasing an additional 385,711 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 221.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 280,119 shares of the bank’s stock worth $3,249,000 after buying an additional 192,963 shares in the last quarter. FMR LLC raised its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 226.1% during the 3rd quarter. FMR LLC now owns 190,416 shares of the bank’s stock valued at $2,209,000 after buying an additional 132,016 shares in the last quarter. Assenagon Asset Management S.A. grew its position in Northfield Bancorp, Inc. (Staten Island, NY) by 134.0% in the fourth quarter. Assenagon Asset Management S.A. now owns 146,596 shares of the bank’s stock worth $1,703,000 after acquiring an additional 83,960 shares in the last quarter. Finally, Barclays PLC increased its stake in Northfield Bancorp, Inc. (Staten Island, NY) by 526.2% during the third quarter. Barclays PLC now owns 89,471 shares of the bank’s stock worth $1,038,000 after acquiring an additional 75,182 shares during the last quarter. Institutional investors own 65.51% of the company’s stock.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods dropped their target price on Northfield Bancorp, Inc. (Staten Island, NY) from $14.25 to $13.00 and set a “market perform” rating for the company in a report on Monday, January 27th.

Insider Buying and Selling

In other Northfield Bancorp, Inc. (Staten Island, NY) news, Director Gil Chapman sold 11,000 shares of the company’s stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $11.89, for a total value of $130,790.00. Following the transaction, the director now directly owns 48,005 shares in the company, valued at $570,779.45. This represents a 18.64 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 6.48% of the stock is currently owned by insiders.

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

NFBK stock opened at $9.76 on Friday. The stock has a market cap of $420.81 million, a PE ratio of 13.56 and a beta of 0.68. Northfield Bancorp, Inc. has a 12 month low of $6.98 and a 12 month high of $14.39. The company has a 50-day moving average price of $11.25 and a 200 day moving average price of $11.85. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.03.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) last announced its earnings results on Wednesday, January 22nd. The bank reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.03. Northfield Bancorp, Inc. (Staten Island, NY) had a return on equity of 4.12% and a net margin of 11.76%. Equities research analysts anticipate that Northfield Bancorp, Inc. will post 0.82 earnings per share for the current year.

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

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Stockholders of record on Wednesday, February 5th were paid a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 5.33%. The ex-dividend date was Wednesday, February 5th. Northfield Bancorp, Inc. (Staten Island, NY)’s dividend payout ratio is currently 72.22%.

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.