Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) Stock Holdings Lessened by Trexquant Investment LP

Trexquant Investment LP reduced its holdings in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) by 11.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 90,566 shares of the bank’s stock after selling 12,171 shares during the quarter. Trexquant Investment LP’s holdings in Northfield Bancorp, Inc. (Staten Island, NY) were worth $1,052,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the company. Point72 Asset Management L.P. lifted its position in Northfield Bancorp, Inc. (Staten Island, NY) by 57.9% in the 3rd quarter. Point72 Asset Management L.P. now owns 5,054 shares of the bank’s stock valued at $59,000 after purchasing an additional 1,854 shares during the last quarter. Quarry LP bought a new stake in Northfield Bancorp, Inc. (Staten Island, NY) in the 3rd quarter valued at about $28,000. Empowered Funds LLC lifted its position in Northfield Bancorp, Inc. (Staten Island, NY) by 5.0% in the 4th quarter. Empowered Funds LLC now owns 129,082 shares of the bank’s stock valued at $1,500,000 after purchasing an additional 6,135 shares during the last quarter. Quantbot Technologies LP bought a new stake in Northfield Bancorp, Inc. (Staten Island, NY) in the 4th quarter valued at about $74,000. Finally, KLP Kapitalforvaltning AS bought a new stake in Northfield Bancorp, Inc. (Staten Island, NY) in the 4th quarter valued at about $107,000. 65.51% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

Northfield Bancorp, Inc. (Staten Island, NY) Stock Down 5.2 %

NFBK stock opened at $9.76 on Friday. Northfield Bancorp, Inc. has a 52 week low of $6.98 and a 52 week high of $14.39. The company has a market capitalization of $420.81 million, a price-to-earnings ratio of 13.56 and a beta of 0.68. The firm’s 50-day moving average is $11.25 and its two-hundred day moving average is $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 released its quarterly earnings results on Wednesday, January 22nd. The bank reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.03. Northfield Bancorp, Inc. (Staten Island, NY) had a net margin of 11.76% and a return on equity of 4.12%. On average, analysts forecast that Northfield Bancorp, Inc. will post 0.82 earnings per share for the current fiscal year.

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

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

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

In other news, Director Gil Chapman sold 11,000 shares of Northfield Bancorp, Inc. (Staten Island, NY) stock in a transaction that occurred on 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 owns 48,005 shares of the company’s stock, valued at $570,779.45. The trade was a 18.64 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 6.48% of the company’s stock.

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