Vanguard Group Inc. Has $33.70 Million Position in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK)

Vanguard Group Inc. lessened its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK - Free Report) by 24.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,566,406 shares of the bank's stock after selling 1,143,559 shares during the quarter. Vanguard Group Inc. owned approximately 7.93% of Northfield Bancorp, Inc. (Staten Island, NY) worth $33,703,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. American Century Companies Inc. lifted its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 29.1% during the 1st quarter. American Century Companies Inc. now owns 60,554 shares of the bank's stock worth $870,000 after buying an additional 13,644 shares during the period. Citigroup Inc. lifted its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 12.2% during the 1st quarter. Citigroup Inc. now owns 37,664 shares of the bank's stock worth $541,000 after buying an additional 4,106 shares during the period. MetLife Investment Management LLC lifted its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 52.9% during the 1st quarter. MetLife Investment Management LLC now owns 24,262 shares of the bank's stock worth $348,000 after buying an additional 8,392 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 13.4% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 37,376 shares of the bank's stock worth $537,000 after buying an additional 4,416 shares during the period. Finally, Great West Life Assurance Co. Can lifted its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 3.6% during the 1st quarter. Great West Life Assurance Co. Can now owns 40,147 shares of the bank's stock worth $591,000 after buying an additional 1,412 shares during the period. Institutional investors and hedge funds own 65.51% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on NFBK shares. TheStreet downgraded Northfield Bancorp, Inc. (Staten Island, NY) from a "b-" rating to a "c+" rating in a research report on Friday, March 1st. Keefe, Bruyette & Woods cut their target price on Northfield Bancorp, Inc. (Staten Island, NY) from $12.00 to $11.00 and set a "market perform" rating for the company in a research report on Friday, April 5th.

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

NFBK traded down $0.11 during trading on Friday, hitting $8.37. The company's stock had a trading volume of 128,639 shares, compared to its average volume of 207,755. The firm's 50 day moving average price is $9.89 and its two-hundred day moving average price is $10.40. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 1.28. Northfield Bancorp, Inc. has a 12 month low of $8.24 and a 12 month high of $13.48. The stock has a market capitalization of $372.21 million, a price-to-earnings ratio of 9.73 and a beta of 0.68.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK - Get Free Report) last issued its quarterly earnings data on Wednesday, January 24th. The bank reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.03. Northfield Bancorp, Inc. (Staten Island, NY) had a return on equity of 5.44% and a net margin of 17.07%. The firm had revenue of $58.09 million during the quarter, compared to the consensus estimate of $31.65 million. Sell-side analysts forecast that Northfield Bancorp, Inc. will post 0.71 earnings per share for the current fiscal year.

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

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 21st. Shareholders of record on Wednesday, February 7th were given a $0.13 dividend. The ex-dividend date was Tuesday, February 6th. This represents a $0.52 annualized dividend and a yield of 6.21%. Northfield Bancorp, Inc. (Staten Island, NY)'s payout ratio is 60.47%.

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.