Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) Director Gil Chapman Sells 11,000 Shares

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) Director Gil Chapman sold 11,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $11.89, for a total transaction of $130,790.00. Following the sale, the director now directly owns 48,005 shares in the company, valued at approximately $570,779.45. The trade was a 18.64 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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

Shares of NFBK stock opened at $11.64 on Friday. The stock has a fifty day moving average price of $11.75 and a 200 day moving average price of $12.02. 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 $499.36 million, a PE ratio of 16.17 and a beta of 0.80. Northfield Bancorp, Inc. has a 1 year low of $6.98 and a 1 year high of $14.39.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) last released its quarterly earnings results on Wednesday, January 22nd. The bank reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.03. Northfield Bancorp, Inc. (Staten Island, NY) had a return on equity of 4.12% and a net margin of 11.76%. Sell-side analysts forecast that Northfield Bancorp, Inc. will post 0.82 earnings per share for the current fiscal year.

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

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 19th. Stockholders of record on Wednesday, February 5th were given a $0.13 dividend. The ex-dividend date of this dividend was Wednesday, February 5th. This represents a $0.52 annualized dividend and a dividend yield of 4.47%. Northfield Bancorp, Inc. (Staten Island, NY)’s dividend payout ratio is presently 72.22%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on NFBK shares. Keefe, Bruyette & Woods lowered their target price on shares of Northfield Bancorp, Inc. (Staten Island, NY) from $14.25 to $13.00 and set a “market perform” rating on the stock in a research report on Monday, January 27th. StockNews.com raised shares of Northfield Bancorp, Inc. (Staten Island, NY) from a “sell” rating to a “hold” rating in a research report on Thursday, December 5th.

Hedge Funds Weigh In On Northfield Bancorp, Inc. (Staten Island, NY)

A number of institutional investors have recently made changes to their positions in the stock. Sanctuary Advisors LLC purchased a new stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) during the third quarter worth about $547,000. Barclays PLC grew its stake in Northfield Bancorp, Inc. (Staten Island, NY) by 526.2% in the 3rd quarter. Barclays PLC now owns 89,471 shares of the bank’s stock worth $1,038,000 after acquiring an additional 75,182 shares during the period. State Street Corp raised its holdings in Northfield Bancorp, Inc. (Staten Island, NY) by 36.5% in the 3rd quarter. State Street Corp now owns 1,442,937 shares of the bank’s stock valued at $16,738,000 after acquiring an additional 385,711 shares during the last quarter. FMR LLC lifted its stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 226.1% during the 3rd quarter. FMR LLC now owns 190,416 shares of the bank’s stock worth $2,209,000 after purchasing an additional 132,016 shares during the period. Finally, Assenagon Asset Management S.A. boosted its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 134.0% during the fourth quarter. Assenagon Asset Management S.A. now owns 146,596 shares of the bank’s stock worth $1,703,000 after purchasing an additional 83,960 shares during the last quarter. 65.51% of the stock is owned by institutional investors and hedge funds.

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.