Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) Director Gil Chapman Sells 11,000 Shares

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) Director Gil Chapman sold 11,000 shares of the firm’s stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $11.89, for a total transaction of $130,790.00. Following the transaction, the director now directly owns 48,005 shares of the company’s stock, valued at approximately $570,779.45. This represents a 18.64 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

Northfield Bancorp, Inc. (Staten Island, NY) stock opened at $11.64 on Friday. The business’s 50-day simple moving average is $11.75 and its 200 day simple moving average is $12.02. The stock has a market cap of $499.36 million, a price-to-earnings ratio of 16.17 and a beta of 0.80. Northfield Bancorp, Inc. has a 12-month low of $6.98 and a 12-month high of $14.39. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.03.

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 (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%. As a group, 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 firm also recently declared a quarterly dividend, which was paid on Wednesday, February 19th. Stockholders of record on Wednesday, February 5th were given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 4.47%. The ex-dividend date of this dividend was Wednesday, February 5th. Northfield Bancorp, Inc. (Staten Island, NY)’s dividend payout ratio is currently 72.22%.

Analysts Set New Price Targets

NFBK has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods cut their price objective 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 note on Monday, January 27th. StockNews.com raised Northfield Bancorp, Inc. (Staten Island, NY) from a “sell” rating to a “hold” rating in a research report on Thursday, December 5th.

Institutional Investors Weigh In On Northfield Bancorp, Inc. (Staten Island, NY)

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. PharVision Advisers LLC bought a new position in Northfield Bancorp, Inc. (Staten Island, NY) in the fourth quarter valued at approximately $304,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 5.4% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 61,529 shares of the bank’s stock worth $715,000 after buying an additional 3,157 shares in the last quarter. Squarepoint Ops LLC grew its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 211.2% in the 4th quarter. Squarepoint Ops LLC now owns 36,976 shares of the bank’s stock valued at $430,000 after buying an additional 25,095 shares during the last quarter. Two Sigma Advisers LP grew its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 19.8% in the 4th quarter. Two Sigma Advisers LP now owns 201,500 shares of the bank’s stock valued at $2,341,000 after buying an additional 33,300 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. grew its stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 35.8% in the 4th quarter. Point72 Asia Singapore Pte. Ltd. now owns 30,736 shares of the bank’s stock valued at $357,000 after buying an additional 8,104 shares during the period. Institutional investors and hedge funds 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.