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

Jane Street Group LLC increased its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK - Free Report) by 33.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 174,424 shares of the bank's stock after purchasing an additional 43,814 shares during the quarter. Jane Street Group LLC owned 0.41% of Northfield Bancorp, Inc. (Staten Island, NY) worth $2,027,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. Assenagon Asset Management S.A. lifted its stake in Northfield Bancorp, Inc. (Staten Island, NY) by 134.0% in the fourth quarter. Assenagon Asset Management S.A. now owns 146,596 shares of the bank's stock valued at $1,703,000 after buying an additional 83,960 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 37.1% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 87,648 shares of the bank's stock worth $1,018,000 after buying an additional 23,721 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 221.4% in the third quarter. JPMorgan Chase & Co. now owns 280,119 shares of the bank's stock valued at $3,249,000 after purchasing an additional 192,963 shares during the last quarter. Hsbc Holdings PLC lifted its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 500.9% in the fourth quarter. Hsbc Holdings PLC now owns 65,304 shares of the bank's stock worth $757,000 after purchasing an additional 54,436 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its holdings in Northfield Bancorp, Inc. (Staten Island, NY) by 7.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 42,591 shares of the bank's stock worth $495,000 after purchasing an additional 2,778 shares during the last quarter. 65.51% of the stock is owned by institutional investors.

Northfield Bancorp, Inc. (Staten Island, NY) Stock Up 0.1%

NFBK stock traded up $0.02 during mid-day trading on Thursday, reaching $11.56. The company had a trading volume of 12,084 shares, compared to its average volume of 248,116. The company has a market capitalization of $492.54 million, a price-to-earnings ratio of 16.02 and a beta of 0.75. Northfield Bancorp, Inc. has a 52 week low of $6.98 and a 52 week high of $14.39. The stock has a 50 day simple moving average of $10.75 and a two-hundred day simple moving average of $11.66. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.00 and a quick ratio of 1.00.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The bank reported $0.19 EPS for the quarter, beating 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 company had revenue of $34.81 million during the quarter, compared to the consensus estimate of $29.82 million. As a group, equities analysts predict 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 declared a quarterly dividend, which was paid on Wednesday, May 21st. Shareholders 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 4.50%. The ex-dividend date was Wednesday, May 7th. Northfield Bancorp, Inc. (Staten Island, NY)'s dividend payout ratio is currently 68.42%.

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

In other news, Director Frank P. Patafio sold 5,000 shares of the business's stock in a transaction dated Monday, April 28th. The shares were sold at an average price of $10.13, for a total transaction of $50,650.00. Following the transaction, the director now directly owns 147,938 shares in the company, valued at $1,498,611.94. The trade was a 3.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 5.95% of the company's stock.

Analyst Upgrades and Downgrades

NFBK has been the topic of several recent research reports. Piper Sandler upgraded shares of Northfield Bancorp, Inc. (Staten Island, NY) from a "neutral" rating to an "overweight" rating and lifted their price target for the company from $13.00 to $14.00 in a research note on Friday, May 2nd. Keefe, Bruyette & Woods reduced their price objective 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.

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.