Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) Director Annette Catino Sells 22,000 Shares

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) Director Annette Catino sold 22,000 shares of the stock in a transaction on Monday, December 16th. The stock was sold at an average price of $13.12, for a total value of $288,640.00. Following the completion of the sale, the director now directly owns 225,653 shares in the company, valued at approximately $2,960,567.36. This represents a 8.88 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

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

NFBK stock traded down $0.45 during trading on Tuesday, reaching $12.79. The stock had a trading volume of 232,856 shares, compared to its average volume of 263,878. Northfield Bancorp, Inc. has a 52 week low of $6.98 and a 52 week high of $14.39. The stock’s 50 day moving average is $12.70 and its two-hundred day moving average is $11.42. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.50. The firm has a market cap of $548.74 million, a PE ratio of 20.00 and a beta of 0.78.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) last issued its quarterly earnings results on Wednesday, October 23rd. The bank reported $0.16 EPS for the quarter, hitting analysts’ consensus estimates of $0.16. The business had revenue of $62.90 million during the quarter, compared to analysts’ expectations of $32.30 million. Northfield Bancorp, Inc. (Staten Island, NY) had a return on equity of 4.05% and a net margin of 10.94%. As a group, equities analysts anticipate that Northfield Bancorp, Inc. will post 0.66 earnings per share for the current year.

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

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 20th. Investors of record on Wednesday, November 6th were given a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 4.07%. The ex-dividend date of this dividend was Wednesday, November 6th. Northfield Bancorp, Inc. (Staten Island, NY)’s dividend payout ratio is currently 81.25%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on NFBK shares. Keefe, Bruyette & Woods upped their price target on Northfield Bancorp, Inc. (Staten Island, NY) from $12.50 to $14.25 and gave the company a “market perform” rating in a report on Wednesday, December 4th. StockNews.com raised Northfield Bancorp, Inc. (Staten Island, NY) from a “sell” rating to a “hold” rating in a report on Thursday, December 5th.

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

Several institutional investors have recently made changes to their positions in NFBK. nVerses Capital LLC grew its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 105.9% during the second quarter. nVerses Capital LLC now owns 3,500 shares of the bank’s stock worth $33,000 after purchasing an additional 1,800 shares in the last quarter. American Century Companies Inc. grew its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 11.6% during the second quarter. American Century Companies Inc. now owns 602,688 shares of the bank’s stock worth $5,713,000 after purchasing an additional 62,473 shares in the last quarter. Renaissance Technologies LLC grew its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 3.0% during the second quarter. Renaissance Technologies LLC now owns 1,437,149 shares of the bank’s stock worth $13,624,000 after purchasing an additional 41,500 shares in the last quarter. Sei Investments Co. grew its holdings in Northfield Bancorp, Inc. (Staten Island, NY) by 19.6% during the 2nd quarter. Sei Investments Co. now owns 39,066 shares of the bank’s stock valued at $370,000 after buying an additional 6,393 shares in the last quarter. Finally, Thrivent Financial for Lutherans grew its holdings in Northfield Bancorp, Inc. (Staten Island, NY) by 101.8% during the 2nd quarter. Thrivent Financial for Lutherans now owns 72,843 shares of the bank’s stock valued at $691,000 after buying an additional 36,741 shares in the last quarter. 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.