SG Americas Securities LLC Trims Stock Position in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK)

SG Americas Securities LLC trimmed its stake in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) by 6.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 25,380 shares of the bank’s stock after selling 1,889 shares during the period. SG Americas Securities LLC’s holdings in Northfield Bancorp, Inc. (Staten Island, NY) were worth $295,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. Signaturefd LLC boosted its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 227.2% during the 3rd quarter. Signaturefd LLC now owns 2,143 shares of the bank’s stock valued at $25,000 after buying an additional 1,488 shares in the last quarter. Quarry LP bought a new stake in Northfield Bancorp, Inc. (Staten Island, NY) during the third quarter worth about $28,000. Point72 Asset Management L.P. grew its holdings in Northfield Bancorp, Inc. (Staten Island, NY) by 57.9% in the third quarter. Point72 Asset Management L.P. now owns 5,054 shares of the bank’s stock worth $59,000 after purchasing an additional 1,854 shares during the period. Wealth Enhancement Advisory Services LLC bought a new position in shares of Northfield Bancorp, Inc. (Staten Island, NY) during the third quarter valued at approximately $138,000. Finally, The Manufacturers Life Insurance Company lifted its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 13.8% during the second quarter. The Manufacturers Life Insurance Company now owns 16,752 shares of the bank’s stock valued at $159,000 after purchasing an additional 2,030 shares during the last quarter. Institutional investors own 65.51% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on NFBK shares. StockNews.com upgraded Northfield Bancorp, Inc. (Staten Island, NY) from a “sell” rating to a “hold” rating in a research note on Thursday, December 5th. Keefe, Bruyette & Woods cut their target price on Northfield Bancorp, Inc. (Staten Island, NY) from $14.25 to $13.00 and set a “market perform” rating on the stock in a research note on Monday, January 27th.

Insider Buying and Selling at Northfield Bancorp, Inc. (Staten Island, NY)

In related news, Director Annette Catino sold 22,000 shares of the company’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $13.12, for a total transaction of $288,640.00. Following the completion of the sale, the director now owns 225,653 shares in the company, valued at approximately $2,960,567.36. This represents a 8.88 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 6.48% of the company’s stock.

Northfield Bancorp, Inc. (Staten Island, NY) Trading Up 1.4 %

NASDAQ:NFBK opened at $12.07 on Thursday. The stock has a market cap of $517.80 million, a price-to-earnings ratio of 16.76 and a beta of 0.80. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.03. The company’s 50 day moving average price is $12.02 and its 200-day moving average price is $12.05. Northfield Bancorp, Inc. has a 52 week low of $6.98 and a 52 week high of $14.39.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) last issued its earnings results on Wednesday, January 22nd. The bank reported $0.21 EPS for the quarter, beating 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%. On average, equities research analysts forecast that Northfield Bancorp, Inc. will post 0.94 earnings per share for the current fiscal year.

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

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 19th. Shareholders of record on Wednesday, February 5th will be given a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 4.31%. The ex-dividend date is Wednesday, February 5th. Northfield Bancorp, Inc. (Staten Island, NY)’s dividend payout ratio (DPR) is 72.22%.

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