Northfield Bancorp Inc (NASDAQ:NFBK) EVP Tara L. French acquired 2,500 shares of the business’s stock in a transaction on Friday, November 9th. The shares were bought at an average price of $13.70 per share, for a total transaction of $34,250.00. Following the acquisition, the executive vice president now owns 7,500 shares in the company, valued at approximately $102,750. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

NASDAQ:NFBK traded up $0.08 on Tuesday, hitting $13.72. 7,267 shares of the company’s stock traded hands, compared to its average volume of 98,743. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.03 and a quick ratio of 1.09. Northfield Bancorp Inc has a 1 year low of $12.92 and a 1 year high of $18.39. The stock has a market cap of $667.16 million, a PE ratio of 18.88, a price-to-earnings-growth ratio of 2.01 and a beta of 0.60.

Northfield Bancorp (NASDAQ:NFBK) last released its earnings results on Wednesday, October 24th. The bank reported $0.19 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.21 by ($0.02). Northfield Bancorp had a net margin of 18.59% and a return on equity of 5.87%. The business had revenue of $30.56 million for the quarter, compared to analysts’ expectations of $30.39 million. On average, equities research analysts anticipate that Northfield Bancorp Inc will post 0.84 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 21st. Shareholders of record on Wednesday, November 7th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Tuesday, November 6th. This represents a $0.40 annualized dividend and a yield of 2.92%. Northfield Bancorp’s dividend payout ratio (DPR) is presently 54.79%.

Several research firms have issued reports on NFBK. BidaskClub upgraded Northfield Bancorp from a “strong sell” rating to a “sell” rating in a report on Thursday, October 11th. ValuEngine raised Northfield Bancorp from a “sell” rating to a “hold” rating in a research note on Friday, August 17th. Zacks Investment Research cut Northfield Bancorp from a “hold” rating to a “sell” rating in a research note on Thursday, August 2nd. Finally, Keefe, Bruyette & Woods reaffirmed a “neutral” rating on shares of Northfield Bancorp in a research note on Thursday, August 9th. Three research analysts have rated the stock with a sell rating and three have given a hold rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $17.75.

Large investors have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP grew its stake in shares of Northfield Bancorp by 2.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,630,949 shares of the bank’s stock valued at $57,804,000 after buying an additional 88,521 shares in the last quarter. BlackRock Inc. grew its stake in shares of Northfield Bancorp by 4.1% in the 3rd quarter. BlackRock Inc. now owns 6,667,399 shares of the bank’s stock valued at $106,145,000 after buying an additional 264,939 shares in the last quarter. Bank of New York Mellon Corp grew its stake in shares of Northfield Bancorp by 1.5% in the 3rd quarter. Bank of New York Mellon Corp now owns 670,067 shares of the bank’s stock valued at $10,668,000 after buying an additional 9,694 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in shares of Northfield Bancorp in the 3rd quarter valued at approximately $179,000. Finally, Wells Fargo & Company MN grew its stake in shares of Northfield Bancorp by 6.2% in the 3rd quarter. Wells Fargo & Company MN now owns 78,567 shares of the bank’s stock valued at $1,250,000 after buying an additional 4,610 shares in the last quarter. 55.10% of the stock is currently owned by institutional investors.

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Northfield Bancorp Company Profile

Northfield Bancorp, Inc 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 transaction accounts comprising negotiable orders of withdrawal accounts and non-interest bearing checking accounts; savings accounts, such as money market, passbook, and statement savings; certificates of deposit consisting of individual retirement accounts; and brokered deposits.

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