TIAA CREF Investment Management LLC bought a new stake in shares of BCB Bancorp, Inc. (NJ) (NASDAQ:BCBP) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 25,742 shares of the bank’s stock, valued at approximately $394,000. TIAA CREF Investment Management LLC owned approximately 0.23% of BCB Bancorp, Inc. (NJ) as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BCBP. Rhumbline Advisers purchased a new position in BCB Bancorp, Inc. (NJ) during the second quarter valued at $153,000. Schwab Charles Investment Management Inc. purchased a new position in BCB Bancorp, Inc. (NJ) during the second quarter valued at $250,000. Teachers Advisors LLC purchased a new position in BCB Bancorp, Inc. (NJ) during the second quarter valued at $280,000. Finally, Bank of New York Mellon Corp lifted its position in BCB Bancorp, Inc. (NJ) by 142.4% during the second quarter. Bank of New York Mellon Corp now owns 41,236 shares of the bank’s stock valued at $631,000 after purchasing an additional 24,224 shares in the last quarter. Institutional investors own 28.32% of the company’s stock.

In other BCB Bancorp, Inc. (NJ) news, Director Gary S. Stetz purchased 1,750 shares of the firm’s stock in a transaction on Wednesday, October 25th. The shares were acquired at an average cost of $14.59 per share, with a total value of $25,532.50. Following the completion of the acquisition, the director now directly owns 11,500 shares in the company, valued at $167,785. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Thomas Michael Coughlin purchased 20,000 shares of the firm’s stock in a transaction on Tuesday, September 12th. The shares were acquired at an average cost of $12.25 per share, for a total transaction of $245,000.00. Following the completion of the acquisition, the insider now owns 175,604 shares of the company’s stock, valued at $2,151,149. The disclosure for this purchase can be found here. Over the last three months, insiders have acquired 48,830 shares of company stock worth $607,299. Insiders own 16.76% of the company’s stock.

Shares of BCB Bancorp, Inc. (BCBP) opened at $14.50 on Tuesday. The company has a current ratio of 1.12, a quick ratio of 1.11 and a debt-to-equity ratio of 0.86. The company has a market capitalization of $217.96, a PE ratio of 15.10, a price-to-earnings-growth ratio of 1.58 and a beta of 0.43. BCB Bancorp, Inc. has a twelve month low of $12.00 and a twelve month high of $17.05.

BCB Bancorp, Inc. (NJ) (NASDAQ:BCBP) last posted its quarterly earnings results on Thursday, October 19th. The bank reported $0.25 EPS for the quarter, beating the Zacks’ consensus estimate of $0.23 by $0.02. The business had revenue of $17.21 million for the quarter, compared to analysts’ expectations of $17.70 million. BCB Bancorp, Inc. (NJ) had a return on equity of 9.04% and a net margin of 14.19%. equities research analysts predict that BCB Bancorp, Inc. will post 0.92 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, November 17th. Shareholders of record on Friday, November 3rd were issued a dividend of $0.14 per share. The ex-dividend date of this dividend was Thursday, November 2nd. This represents a $0.56 dividend on an annualized basis and a yield of 3.86%. BCB Bancorp, Inc. (NJ)’s dividend payout ratio is presently 58.33%.

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Several research firms recently weighed in on BCBP. Keefe, Bruyette & Woods began coverage on BCB Bancorp, Inc. (NJ) in a research report on Thursday, September 14th. They set an “outperform” rating and a $14.00 target price on the stock. ValuEngine downgraded BCB Bancorp, Inc. (NJ) from a “buy” rating to a “hold” rating in a research report on Friday, September 8th. Finally, DA Davidson began coverage on BCB Bancorp, Inc. (NJ) in a research report on Thursday, September 14th. They set a “buy” rating and a $15.00 target price on the stock.

BCB Bancorp, Inc. (NJ) Profile

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.

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Institutional Ownership by Quarter for BCB Bancorp, Inc. (NJ) (NASDAQ:BCBP)

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