Barclays PLC Increases Stake in Columbia Financial, Inc. (NASDAQ:CLBK)

Barclays PLC grew its position in Columbia Financial, Inc. (NASDAQ:CLBK) by 132.1% during the 3rd quarter, HoldingsChannel reports. The fund owned 49,452 shares of the company’s stock after purchasing an additional 28,147 shares during the period. Barclays PLC’s holdings in Columbia Financial were worth $844,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in CLBK. Blue Trust Inc. purchased a new position in Columbia Financial in the 3rd quarter worth about $33,000. Quest Partners LLC increased its stake in Columbia Financial by 6,151.2% in the 2nd quarter. Quest Partners LLC now owns 5,376 shares of the company’s stock worth $80,000 after buying an additional 5,290 shares during the period. FMR LLC increased its stake in Columbia Financial by 214.8% in the 3rd quarter. FMR LLC now owns 6,747 shares of the company’s stock worth $115,000 after buying an additional 4,604 shares during the period. Marshall Wace LLP purchased a new position in Columbia Financial in the 2nd quarter worth about $162,000. Finally, SG Americas Securities LLC increased its stake in Columbia Financial by 64.0% in the 3rd quarter. SG Americas Securities LLC now owns 13,765 shares of the company’s stock worth $235,000 after buying an additional 5,374 shares during the period. Hedge funds and other institutional investors own 12.72% of the company’s stock.

Columbia Financial Trading Up 1.0 %

CLBK stock opened at $15.87 on Thursday. The company has a market capitalization of $1.66 billion, a PE ratio of 105.81 and a beta of 0.22. Columbia Financial, Inc. has a 12 month low of $13.79 and a 12 month high of $20.46. The firm’s 50-day moving average is $17.08 and its 200 day moving average is $16.92. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.99 and a quick ratio of 0.99.

Columbia Financial (NASDAQ:CLBK) last issued its earnings results on Thursday, October 24th. The company reported $0.06 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.06. Columbia Financial had a net margin of 3.35% and a return on equity of 2.09%. The company had revenue of $124.87 million for the quarter, compared to analysts’ expectations of $54.95 million. On average, research analysts anticipate that Columbia Financial, Inc. will post 0.17 EPS for the current year.

Insiders Place Their Bets

In other Columbia Financial news, Director Noel R. Holland sold 10,000 shares of the stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $17.06, for a total transaction of $170,600.00. Following the transaction, the director now directly owns 30,501 shares in the company, valued at $520,347.06. This represents a 24.69 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 3.38% of the stock is owned by company insiders.

About Columbia Financial

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.