According to the most recent 13F filing that KBC Group NV submitted to the Securities and Exchange Commission, the company decreased its holdings in Northfield Bancorp, INC (Staten Island, NY) (NASDAQ: NFBK) during the third quarter by a total of 65.8 percent. Following the transaction during the prior quarter in which 8,923 shares of the bank’s stock were sold, the institutional investor owned 4,644 shares of the bank’s stock.
The most recent disclosure that KBC Group NV provided to the Securities and Exchange Commission indicated that the company owned a stake in Northfield Bancorp, INC, valued at $66,000. (Staten Island, NY)
Other institutional investors and hedge funds have recently increased or decreased the amount of NFBK stock they currently hold.
This may be due to market conditions or other factors.
A 4.4% increase in the proportion of Northfield Bancorp, INC (Staten Island, NY) common stock that Vanguard Group INC owned as of the end of the first quarter was reflected in the company’s ownership percentage.
As a result of the company’s acquisition of 214,541 additional shares during the most recent quarter, Vanguard Group INC now holds a total of 5,091,893 shares of the bank’s stock, which have an estimated market value of $73,119,000.
In the first three months of the year, Invesco Ltd made a 17.6% investment increase in Northfield Bancorp, INC (located in Staten Island, New York).
Invesco Ltd now holds 1,040,007 shares of the bank’s stock, which has a value of $14,934,000, after purchasing an additional 156,014 shares during the period in question.
These newly acquired shares bring the company’s total number to 1,040,007; Charles Schwab Investment Management INC increased the proportion of its holdings in Northfield Bancorp, INC (Staten Island, NY) by 50.1% during the first three months of the current year. Charles Schwab Investment Management INC now has 466,041 shares of the bank’s stock, valued at $6,693,000, after purchasing an additional 155,484 shares during the most recent period.
AE Wealth Management, LLC made a new investment of $1,050,000 in Northfield Bancorp, INC during the third quarter of 2018. (New York, Staten Island) Last but not least, during the third quarter, the Great West Life Assurance Company of Canada purchased a new investment in Northfield Bancorp, INC, which has its headquarters in Staten Island, New York, and is currently valued at approximately $686,000.
Institutional investors and hedge funds own 57.47% of the total number of shares that are issued and outstanding in the company.
Thursday was the first day that NASDAQ: NFBK was available for trading, and the opening price was $14.68.
The moving average for the company over the past 200 days is $15.19, and the moving average over the last 50 days is $15.45.
The lowest point during the past year for Northfield Bancorp, INC was $11.87, while the highest point during the past year for the company was $16.13.
The stock currently holds a market capitalization of 701.26 million dollars, while the earnings-to-price ratio stands at 11.12, and the beta value sits at 0.65. However, the current ratio comes in at 1.01, and the quick ratio comes in at 0.96.
The debt-to-equity ratio, the current ratio, and the quick ratio all come in at 0.88.
The most recent financial results of Northfield Bancorp, INC (Staten Island, NY) (NASDAQ: NFBKmost)’s fiscal quarter were made public on Wednesday, January 25.
The bank reported quarterly earnings per share of $0.31, which was $0.05 less than the consensus forecast of $0.36.
The earnings were reported every quarter.
The financial results for Northfield Bancorp, INC, which has its corporate headquarters in Staten Island, New York, were as follows: return on equity of 8.65%; net margin of 32.57%.
The company’s most recent quarter’s revenue came in at $42.56 million, which is significantly lower than the consensus projection of $43.79 million in revenue for the quarter. Sell-side analysts anticipate that Northfield Bancorp, INC will generate earnings of $1.14 per share in 2018, and this projection is based on the company’s current performance.
In addition, the company has just recently disclosed that it will be implementing a quarterly dividend scheduled to take place on February 22. On February 8, shareholders registered as owning the company will be eligible to receive a dividend payment of $0.13 per share.
This translates into a yield of 3.54% and a dividend payment of 0.52 dollars yearly for the shareholder.
The counting period for this dividend officially started on February 7, marking the date it was distributed.
The Northfield Bancorp, INC, a financial institution with its headquarters in Staten Island, New York, has a payout ratio of 39.39%.
In addition, on January 30, Northfield Bancorp, INC director Gil Chapman, located in Staten Island, New York, sold 4,800 shares of the company’s stock.
The sale of the shares resulted in a total profit of $69,696.00, which comes to $14.52 for each share.
After the deal’s completion, the director now possesses 50,317 shares of the company, each worth $730,602.84 in total value. You can view the legal documentation sent to the Securities and Exchange Commission in response to the transaction if you follow the link provided in the previous sentence.
In addition, on January 30, Northfield Bancorp, INC director Gil Chapman, located in Staten Island, New York, sold 4,800 shares of the company’s stock.
The sale of the shares resulted in a total profit of $69,696.00, which comes to $14.52 for each share.
After the deal’s completion, the director now possesses 50,317 shares of the company, each worth $730,602.84 in total value.
The Securities and Exchange Commission was given legal documentation about the transaction, which can be viewed entirely by following the link provided in the previous sentence.
The documentation was provided to the SEC.
In addition, Steven M. Klein, Chief Executive Officer of Northfield Bancorp, INC (Staten Island, NY), sold 2,158 shares on February 1.
The shares were sold on the open market for a total price of $14.55 per share, equivalent to a total price of $31,398.90 for all of the shares.
As a result of the transaction, the CEO now has direct ownership of 436,918 shares, which are estimated to be worth approximately $6,357,156.90.
Disclosures that are related to the sale might be found in this section of the website.
Insiders have sold 14,222 shares of company stock for a total price of $216,146 over the past ninety days, and insiders currently hold 6.00% of the total number of outstanding shares held by the company.
The stock of NFBK has recently been the subject of commentary from various industry professionals with expertise in equity research. On February 3, StockNews.com changed its recommendation for Northfield Bancorp, INC (Staten Island, NY) shares from a “hold” rating to a “sell” rating.
Previously, the website had suggested investors keep their current position in the company’s stock.
In a research note published on November 1, the financial services firm Piper Jaffray announced that they were increasing their price objective on Northfield Bancorp, INC shares to $17.00 (Staten Island, NY).
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