Renaissance Technologies LLC lessened its position in shares of Columbia Financial, Inc. (NASDAQ:CLBK - Free Report) by 4.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 635,432 shares of the company's stock after selling 26,600 shares during the period. Renaissance Technologies LLC owned about 0.61% of Columbia Financial worth $10,046,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. Invesco Ltd. grew its stake in shares of Columbia Financial by 2.1% during the fourth quarter. Invesco Ltd. now owns 42,839 shares of the company's stock worth $677,000 after purchasing an additional 892 shares in the last quarter. Wells Fargo & Company MN boosted its position in shares of Columbia Financial by 61.9% during the 4th quarter. Wells Fargo & Company MN now owns 22,343 shares of the company's stock worth $353,000 after acquiring an additional 8,542 shares in the last quarter. Norges Bank purchased a new position in shares of Columbia Financial in the 4th quarter valued at about $1,299,000. JPMorgan Chase & Co. raised its position in shares of Columbia Financial by 192.0% during the 4th quarter. JPMorgan Chase & Co. now owns 93,330 shares of the company's stock worth $1,476,000 after acquiring an additional 61,369 shares in the last quarter. Finally, KLP Kapitalforvaltning AS purchased a new stake in Columbia Financial during the fourth quarter worth approximately $114,000. 12.72% of the stock is owned by hedge funds and other institutional investors.
Columbia Financial Stock Up 5.0 %
Columbia Financial stock traded up $0.66 during mid-day trading on Tuesday, hitting $13.73. The company had a trading volume of 117,304 shares, compared to its average volume of 101,294. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.32. Columbia Financial, Inc. has a 1 year low of $12.64 and a 1 year high of $19.28. The business has a fifty day moving average of $14.75 and a 200 day moving average of $16.03. The stock has a market cap of $1.44 billion, a price-to-earnings ratio of -114.42 and a beta of 0.13.
Columbia Financial (NASDAQ:CLBK - Get Free Report) last posted its earnings results on Tuesday, January 28th. The company reported $0.11 EPS for the quarter, beating analysts' consensus estimates of $0.07 by $0.04. Columbia Financial had a negative net margin of 2.39% and a positive return on equity of 2.20%. On average, sell-side analysts expect that Columbia Financial, Inc. will post 0.43 earnings per share for the current fiscal year.
Columbia Financial Company Profile
(
Free Report)
Columbia Financial, Inc, a bank holding company, provides various financial services to businesses and consumers in the United States. Its deposit products include checking, interest-earning checking products and municipal, savings and club deposits, and money market accounts, as well as certificates of deposit.
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