Columbia Financial Inc (CLBK) EVP Buys $46,110.00 in Stock

Columbia Financial Inc (NASDAQ:CLBK) EVP Joseph Francis Dempsey, Jr. acquired 3,000 shares of the stock in a transaction on Tuesday, October 30th. The shares were acquired at an average price of $15.37 per share, with a total value of $46,110.00. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink.

Shares of CLBK opened at $15.27 on Wednesday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.07 and a current ratio of 1.07. Columbia Financial Inc has a 52 week low of $14.01 and a 52 week high of $17.73.

Separately, Sandler O’Neill upgraded Columbia Financial from a “hold” rating to a “buy” rating in a research note on Tuesday, October 16th.



Several institutional investors and hedge funds have recently modified their holdings of CLBK. BlackRock Inc. acquired a new position in shares of Columbia Financial in the 2nd quarter worth approximately $56,847,000. Northern Trust Corp acquired a new position in shares of Columbia Financial in the 2nd quarter worth approximately $8,936,000. Seidman Lawrence B acquired a new position in shares of Columbia Financial in the 2nd quarter worth approximately $6,309,000. Hennessy Advisors Inc. acquired a new position in shares of Columbia Financial in the 2nd quarter worth approximately $5,793,000. Finally, Schwab Charles Investment Management Inc. acquired a new position in shares of Columbia Financial in the 2nd quarter worth approximately $4,077,000. Institutional investors own 11.92% of the company’s stock.

About Columbia Financial

Columbia Financial, Inc operates as a bank holding company for Columbia Bank that provides banking products and services in the United States. The company offers non-interest bearing demand deposits, such as individual checking and commercial checking accounts; interest-bearing demand accounts comprising interest checking accounts and municipal accounts; and savings accounts, money market accounts, and certificates of deposit.

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