Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) Director Sells $130,790.00 in Stock

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) Director Gil Chapman sold 11,000 shares of the stock in a transaction 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 directly owns 48,005 shares in the company, valued at $570,779.45. The trade was a 18.64 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

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

Shares of Northfield Bancorp, Inc. (Staten Island, NY) stock opened at $11.38 on Friday. Northfield Bancorp, Inc. has a one year low of $6.98 and a one year high of $14.39. The stock’s fifty day moving average is $11.72 and its 200 day moving average is $12.02. The stock has a market cap of $488.20 million, a P/E ratio of 15.81 and a beta of 0.80. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.00 and a current ratio of 1.00.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) last announced its 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 return on equity of 4.12% and a net margin of 11.76%. Sell-side analysts anticipate that Northfield Bancorp, Inc. will post 0.82 earnings per share for the current year.

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

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Wednesday, February 5th were issued a $0.13 dividend. The ex-dividend date was Wednesday, February 5th. This represents a $0.52 dividend on an annualized basis and a yield of 4.57%. Northfield Bancorp, Inc. (Staten Island, NY)’s dividend payout ratio is currently 72.22%.

Hedge Funds Weigh In On Northfield Bancorp, Inc. (Staten Island, NY)

A number of institutional investors have recently bought and sold shares of NFBK. State Street Corp raised its holdings in Northfield Bancorp, Inc. (Staten Island, NY) by 36.5% in the 3rd quarter. State Street Corp now owns 1,442,937 shares of the bank’s stock worth $16,738,000 after purchasing an additional 385,711 shares during the period. JPMorgan Chase & Co. increased its stake in 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. GSA Capital Partners LLP increased its stake in Northfield Bancorp, Inc. (Staten Island, NY) by 367.8% in the 3rd quarter. GSA Capital Partners LLP now owns 197,895 shares of the bank’s stock worth $2,296,000 after buying an additional 155,592 shares in the last quarter. FMR LLC increased its stake in Northfield Bancorp, Inc. (Staten Island, NY) by 226.1% in the 3rd quarter. FMR LLC now owns 190,416 shares of the bank’s stock worth $2,209,000 after buying an additional 132,016 shares in the last quarter. Finally, CWA Asset Management Group LLC purchased a new stake in Northfield Bancorp, Inc. (Staten Island, NY) in the 3rd quarter worth $1,084,000. 65.51% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently weighed in on NFBK. Keefe, Bruyette & Woods lowered their price target on Northfield Bancorp, Inc. (Staten Island, NY) from $14.25 to $13.00 and set a “market perform” rating on the stock in a report on Monday, January 27th. StockNews.com raised Northfield Bancorp, Inc. (Staten Island, NY) from a “sell” rating to a “hold” rating in a report on Thursday, December 5th.

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.