Two Sigma Advisers LP Raises Stock Position in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK)

Two Sigma Advisers LP grew its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK - Free Report) by 19.8% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 201,500 shares of the bank's stock after acquiring an additional 33,300 shares during the period. Two Sigma Advisers LP owned about 0.47% of Northfield Bancorp, Inc. (Staten Island, NY) worth $2,341,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in NFBK. Quantbot Technologies LP bought a new stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) during the fourth quarter valued at approximately $74,000. Quarry LP lifted its position in Northfield Bancorp, Inc. (Staten Island, NY) by 193.1% during the fourth quarter. Quarry LP now owns 6,981 shares of the bank's stock valued at $81,000 after buying an additional 4,599 shares during the period. KLP Kapitalforvaltning AS purchased a new position in Northfield Bancorp, Inc. (Staten Island, NY) during the fourth quarter valued at $107,000. ProShare Advisors LLC bought a new stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) during the 4th quarter valued at $125,000. Finally, Jump Financial LLC bought a new stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) during the 4th quarter valued at $143,000. Institutional investors own 65.51% of the company's stock.

Northfield Bancorp, Inc. (Staten Island, NY) Stock Down 1.5%

NFBK stock traded down $0.18 on Monday, reaching $11.50. 154,965 shares of the company traded hands, compared to its average volume of 249,736. 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 1.03, a current ratio of 1.00 and a quick ratio of 1.00. The company has a market cap of $490.20 million, a P/E ratio of 15.97 and a beta of 0.75. The firm has a fifty day simple moving average of $10.79 and a 200-day simple moving average of $11.55.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK - Get Free Report) last released its earnings results on Wednesday, April 23rd. The bank reported $0.19 EPS for the quarter, topping the consensus estimate of $0.18 by $0.01. Northfield Bancorp, Inc. (Staten Island, NY) had a return on equity of 4.12% and a net margin of 11.76%. The business had revenue of $34.81 million for the quarter, compared to the consensus estimate of $29.82 million. Research analysts anticipate that Northfield Bancorp, Inc. will post 0.82 earnings per share for the current year.

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

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 21st. Investors of record on Wednesday, May 7th were paid a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 4.52%. The ex-dividend date was Wednesday, May 7th. Northfield Bancorp, Inc. (Staten Island, NY)'s payout ratio is 68.42%.

Insider Activity at Northfield Bancorp, Inc. (Staten Island, NY)

In related news, Director Frank P. Patafio sold 5,000 shares of the firm's stock in a transaction that occurred on Monday, April 28th. The shares were sold at an average price of $10.13, for a total transaction of $50,650.00. Following the completion of the sale, the director now owns 147,938 shares of the company's stock, valued at $1,498,611.94. This trade represents a 3.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 5.95% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several brokerages recently issued reports on NFBK. Keefe, Bruyette & Woods decreased their price target on shares of Northfield Bancorp, Inc. (Staten Island, NY) from $12.50 to $12.00 and set a "market perform" rating for the company in a research note on Tuesday, April 29th. Piper Sandler upgraded shares of Northfield Bancorp, Inc. (Staten Island, NY) from a "neutral" rating to an "overweight" rating and upped their price objective for the stock from $13.00 to $14.00 in a report on Friday, May 2nd.

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.