Jane Street Group LLC Buys 43,814 Shares of Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK)

Jane Street Group LLC raised its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK - Free Report) by 33.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 174,424 shares of the bank's stock after purchasing an additional 43,814 shares during the period. Jane Street Group LLC owned approximately 0.41% of Northfield Bancorp, Inc. (Staten Island, NY) worth $2,027,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Quantbot Technologies LP purchased a new position in shares of Northfield Bancorp, Inc. (Staten Island, NY) in the fourth quarter worth about $74,000. Quarry LP increased its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 193.1% in the fourth quarter. Quarry LP now owns 6,981 shares of the bank's stock worth $81,000 after buying an additional 4,599 shares during the period. KLP Kapitalforvaltning AS purchased a new position in shares of Northfield Bancorp, Inc. (Staten Island, NY) in the fourth quarter worth about $107,000. Jump Financial LLC purchased a new position in shares of Northfield Bancorp, Inc. (Staten Island, NY) in the fourth quarter worth about $143,000. Finally, Marshall Financial Group LLC purchased a new position in shares of Northfield Bancorp, Inc. (Staten Island, NY) in the fourth quarter worth about $163,000. Hedge funds and other institutional investors own 65.51% of the company's stock.

Northfield Bancorp, Inc. (Staten Island, NY) Trading Down 0.5%

Shares of NASDAQ NFBK traded down $0.06 during trading hours on Thursday, hitting $11.48. The company's stock had a trading volume of 163,212 shares, compared to its average volume of 249,227. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.00 and a current ratio of 1.00. The stock has a market cap of $489.35 million, a price-to-earnings ratio of 15.94 and a beta of 0.75. Northfield Bancorp, Inc. has a 12 month low of $6.98 and a 12 month high of $14.39. The business has a 50-day simple moving average of $10.75 and a 200-day simple moving average of $11.66.

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

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

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 21st. Shareholders of record on Wednesday, May 7th were given a dividend of $0.13 per share. The ex-dividend date was Wednesday, May 7th. This represents a $0.52 annualized dividend and a yield of 4.53%. Northfield Bancorp, Inc. (Staten Island, NY)'s payout ratio is 68.42%.

Analysts Set New Price Targets

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

Insider Buying and Selling at Northfield Bancorp, Inc. (Staten Island, NY)

In other Northfield Bancorp, Inc. (Staten Island, NY) news, Director Frank P. Patafio sold 5,000 shares of Northfield Bancorp, Inc. (Staten Island, NY) stock in a transaction that occurred on Monday, April 28th. The stock was sold at an average price of $10.13, for a total transaction of $50,650.00. Following the sale, the director now directly owns 147,938 shares of the company's stock, valued at approximately $1,498,611.94. The trade was a 3.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 5.95% of the company's stock.

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.