JPMorgan Chase & Co. Purchases 9,663 Shares of Columbia Financial, Inc. (NASDAQ:CLBK)

JPMorgan Chase & Co. raised its holdings in shares of Columbia Financial, Inc. (NASDAQ:CLBK) by 43.3% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 31,961 shares of the company’s stock after purchasing an additional 9,663 shares during the quarter. JPMorgan Chase & Co.’s holdings in Columbia Financial were worth $546,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of CLBK. Blue Trust Inc. bought a new position in Columbia Financial during the 3rd quarter worth about $33,000. FMR LLC boosted its holdings in shares of Columbia Financial by 214.8% in the 3rd quarter. FMR LLC now owns 6,747 shares of the company’s stock valued at $115,000 after buying an additional 4,604 shares during the last quarter. Marshall Wace LLP bought a new stake in Columbia Financial during the second quarter worth $162,000. SG Americas Securities LLC lifted its stake in Columbia Financial by 64.0% in the third quarter. SG Americas Securities LLC now owns 13,765 shares of the company’s stock valued at $235,000 after acquiring an additional 5,374 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its holdings in Columbia Financial by 146.0% during the third quarter. BNP Paribas Financial Markets now owns 15,796 shares of the company’s stock worth $270,000 after purchasing an additional 9,374 shares during the period. Institutional investors and hedge funds own 12.72% of the company’s stock.

Columbia Financial Trading Down 0.2 %

CLBK stock opened at $15.39 on Tuesday. Columbia Financial, Inc. has a one year low of $13.79 and a one year high of $19.28. The stock has a market cap of $1.61 billion, a price-to-earnings ratio of 102.61 and a beta of 0.22. The company has a fifty day moving average price of $16.64 and a two-hundred day moving average price of $16.99. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.99 and a quick ratio of 0.99.

Insider Buying and Selling

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

Columbia Financial Company Profile

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.