BCB Bancorp, Inc. (NASDAQ:BCBP) Shares Bought by Barclays PLC

Barclays PLC grew its position in BCB Bancorp, Inc. (NASDAQ:BCBP) by 235.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 22,375 shares of the bank’s stock after acquiring an additional 15,702 shares during the quarter. Barclays PLC’s holdings in BCB Bancorp were worth $277,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Geode Capital Management LLC raised its holdings in BCB Bancorp by 2.1% in the third quarter. Geode Capital Management LLC now owns 367,403 shares of the bank’s stock valued at $4,534,000 after buying an additional 7,631 shares during the period. Jane Street Group LLC increased its position in shares of BCB Bancorp by 5.1% in the third quarter. Jane Street Group LLC now owns 15,669 shares of the bank’s stock worth $193,000 after acquiring an additional 767 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of BCB Bancorp in the 3rd quarter valued at $356,000. Segall Bryant & Hamill LLC acquired a new position in shares of BCB Bancorp during the 3rd quarter valued at $1,450,000. Finally, Empowered Funds LLC lifted its holdings in shares of BCB Bancorp by 5.2% during the 3rd quarter. Empowered Funds LLC now owns 73,121 shares of the bank’s stock valued at $902,000 after acquiring an additional 3,618 shares in the last quarter. Hedge funds and other institutional investors own 36.00% of the company’s stock.

Insider Buying and Selling

In related news, COO Ryan Blake sold 8,677 shares of the stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $13.06, for a total value of $113,321.62. Following the completion of the transaction, the chief operating officer now owns 39,362 shares of the company’s stock, valued at approximately $514,067.72. This represents a 18.06 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 28.70% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Separately, Keefe, Bruyette & Woods increased their price target on BCB Bancorp from $13.25 to $13.50 and gave the company a “market perform” rating in a report on Tuesday, October 22nd.

BCB Bancorp Stock Down 0.2 %

NASDAQ BCBP opened at $11.61 on Tuesday. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 1.79. BCB Bancorp, Inc. has a fifty-two week low of $9.19 and a fifty-two week high of $14.04. The business has a 50 day moving average price of $12.37 and a two-hundred day moving average price of $12.16. The stock has a market cap of $197.95 million, a PE ratio of 9.92 and a beta of 0.61.

BCB Bancorp (NASDAQ:BCBP) last posted its earnings results on Friday, October 18th. The bank reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.04. The business had revenue of $51.75 million for the quarter, compared to analysts’ expectations of $25.29 million. BCB Bancorp had a net margin of 10.59% and a return on equity of 7.31%. As a group, sell-side analysts predict that BCB Bancorp, Inc. will post 1.27 EPS for the current fiscal year.

About BCB Bancorp

BCB Bancorp, Inc operates as a bank holding company for BCB Community Bank that engages in the provision of banking products and services to businesses and individuals in the United States. The company offers insured deposit products, including savings and club accounts, interest and non-interest-bearing demand accounts, money market accounts, certificates of deposit, and individual retirement accounts.