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 company’s stock in a transaction that occurred on Wednesday, February 19th. The stock was 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 in the company, valued at $570,779.45. This trade represents a 18.64 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

Northfield Bancorp, Inc. (Staten Island, NY) stock opened at $11.38 on Friday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.03. The company has a market capitalization of $488.20 million, a P/E ratio of 15.81 and a beta of 0.80. The stock’s 50 day moving average is $11.72 and its 200 day moving average is $12.02. Northfield Bancorp, Inc. has a twelve month low of $6.98 and a twelve month high of $14.39.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) last posted its quarterly earnings results on Wednesday, January 22nd. The bank reported $0.21 earnings per share for the quarter, topping 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%. On average, equities research analysts predict that Northfield Bancorp, Inc. will post 0.82 earnings per share for the current fiscal year.

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

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

Wall Street Analyst Weigh In

A number of research firms have weighed in on NFBK. StockNews.com upgraded Northfield Bancorp, Inc. (Staten Island, NY) from a “sell” rating to a “hold” rating in a report on Thursday, December 5th. Keefe, Bruyette & Woods reduced their target price 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.

Institutional Trading of Northfield Bancorp, Inc. (Staten Island, NY)

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Signaturefd LLC lifted its position in Northfield Bancorp, Inc. (Staten Island, NY) by 227.2% in the 3rd quarter. Signaturefd LLC now owns 2,143 shares of the bank’s stock valued at $25,000 after acquiring an additional 1,488 shares in the last quarter. Quarry LP bought a new position in Northfield Bancorp, Inc. (Staten Island, NY) in the 3rd quarter valued at approximately $28,000. 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 acquiring an additional 1,854 shares in the last quarter. Quantbot Technologies LP bought a new position in Northfield Bancorp, Inc. (Staten Island, NY) in the 4th quarter valued at approximately $74,000. Finally, KLP Kapitalforvaltning AS bought a new position in Northfield Bancorp, Inc. (Staten Island, NY) in the 4th quarter valued at approximately $107,000. Hedge funds and other institutional investors own 65.51% 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.