BCB Bancorp, Inc. (NJ) (NASDAQ:BCBP) insider Thomas Michael Coughlin purchased 20,000 shares of the stock in a transaction dated Tuesday, September 12th. The stock was purchased at an average cost of $12.25 per share, for a total transaction of $245,000.00. Following the completion of the purchase, the insider now directly owns 175,604 shares of the company’s stock, valued at $2,151,149. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Shares of BCB Bancorp, Inc. (NASDAQ BCBP) opened at 12.70 on Friday. The stock has a 50 day moving average price of $13.91 and a 200-day moving average price of $15.23. BCB Bancorp, Inc. has a 52 week low of $10.91 and a 52 week high of $17.05. The firm has a market capitalization of $143.51 million, a price-to-earnings ratio of 15.88 and a beta of 0.47.

BCB Bancorp, Inc. (NJ) (NASDAQ:BCBP) last posted its quarterly earnings data on Monday, July 17th. The bank reported $0.26 earnings per share (EPS) for the quarter. BCB Bancorp, Inc. (NJ) had a return on equity of 8.85% and a net margin of 12.89%. The business had revenue of $17.09 million for the quarter. On average, analysts anticipate that BCB Bancorp, Inc. will post $0.85 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 21st. Stockholders of record on Monday, August 7th were issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 4.41%. The ex-dividend date was Thursday, August 3rd. BCB Bancorp, Inc. (NJ)’s dividend payout ratio (DPR) is 65.12%.

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Several hedge funds have recently bought and sold shares of the company. Rhumbline Advisers acquired a new stake in shares of BCB Bancorp, Inc. (NJ) during the second quarter worth $153,000. New York State Common Retirement Fund acquired a new stake in shares of BCB Bancorp, Inc. (NJ) during the second quarter worth $155,000. Dimensional Fund Advisors LP boosted its holdings in shares of BCB Bancorp, Inc. (NJ) by 5.0% during the second quarter. Dimensional Fund Advisors LP now owns 265,111 shares of the bank’s stock worth $4,056,000 after purchasing an additional 12,636 shares during the last quarter. Schwab Charles Investment Management Inc. acquired a new stake in shares of BCB Bancorp, Inc. (NJ) during the second quarter worth $250,000. Finally, California State Teachers Retirement System acquired a new stake in shares of BCB Bancorp, Inc. (NJ) during the second quarter worth $257,000. Institutional investors and hedge funds own 23.97% of the company’s stock.

A number of brokerages have recently issued reports on BCBP. ValuEngine lowered BCB Bancorp, Inc. (NJ) from a “buy” rating to a “hold” rating in a research note on Friday, September 8th. DA Davidson began coverage on BCB Bancorp, Inc. (NJ) in a research note on Thursday. They issued a “buy” rating and a $15.00 price target on the stock. Finally, Keefe, Bruyette & Woods began coverage on BCB Bancorp, Inc. (NJ) in a research note on Thursday. They issued an “outperform” rating and a $14.00 price target on the stock.

About BCB Bancorp, Inc. (NJ)

BCB Bancorp, Inc is the holding company parent of BCB Community Bank (the Bank). The Bank is a community-oriented financial institution. Its business is to offer Federal Deposit Insurance Corporation (FDIC)-insured deposit products and to invest funds held in deposit accounts at the Bank, together with funds generated from operations, in loans and investment securities.

Insider Buying and Selling by Quarter for BCB Bancorp, Inc. (NJ) (NASDAQ:BCBP)

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