Point72 Asia Singapore Pte. Ltd. Sells 43,489 Shares of Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK)

Point72 Asia Singapore Pte. Ltd. decreased its position in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) by 65.8% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 22,632 shares of the bank’s stock after selling 43,489 shares during the period. Point72 Asia Singapore Pte. Ltd. owned about 0.05% of Northfield Bancorp, Inc. (Staten Island, NY) worth $263,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD lifted its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 3.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 38,748 shares of the bank’s stock worth $377,000 after purchasing an additional 1,165 shares in the last quarter. Signaturefd LLC lifted its position in Northfield Bancorp, Inc. (Staten Island, NY) by 227.2% during the 3rd quarter. Signaturefd LLC now owns 2,143 shares of the bank’s stock worth $25,000 after buying an additional 1,488 shares in the last quarter. nVerses Capital LLC boosted its stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 105.9% during the 2nd quarter. nVerses Capital LLC now owns 3,500 shares of the bank’s stock worth $33,000 after buying an additional 1,800 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 13.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 16,752 shares of the bank’s stock valued at $159,000 after acquiring an additional 2,030 shares in the last quarter. Finally, Point72 Asset Management L.P. acquired a new stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) in the second quarter valued at about $30,000. Institutional investors and hedge funds own 65.51% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com cut Northfield Bancorp, Inc. (Staten Island, NY) from a “hold” rating to a “sell” rating in a research report on Friday, November 22nd.

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

Shares of NFBK stock opened at $13.03 on Wednesday. The stock has a market cap of $558.99 million, a P/E ratio of 20.36 and a beta of 0.78. The company has a fifty day moving average price of $12.38 and a two-hundred day moving average price of $11.17. Northfield Bancorp, Inc. has a one year low of $6.98 and a one year high of $14.39. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.09 and a quick ratio of 1.09.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) last issued its earnings results on Wednesday, October 23rd. The bank reported $0.16 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.16. The business had revenue of $62.90 million during the quarter, compared to the consensus estimate of $32.30 million. Northfield Bancorp, Inc. (Staten Island, NY) had a net margin of 10.94% and a return on equity of 4.05%. As a group, equities analysts predict that Northfield Bancorp, Inc. will post 0.66 EPS 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 issued a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.99%. The ex-dividend date of this dividend was Wednesday, November 6th. Northfield Bancorp, Inc. (Staten Island, NY)’s payout ratio is presently 81.25%.

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