Dimensional Fund Advisors LP sells 269,905 shares of Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK)

Dimensional Fund Advisors LP reduced its stake in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK – Free Report) by 8.5% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,890,879 shares of the bank’s stock after selling 269,905 shares during the quarter. Dimensional Fund Advisors LP owned approximately 6.52% of Northfield Bancorp, Inc. (Staten Island, NY) worth $27,404,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have recently made changes to their positions in NFBK. nVerses Capital LLC raised its stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 105.9% during the second quarter. nVerses Capital LLC now owns 3,500 shares of the bank’s stock valued at $33,000 after purchasing an additional 1,800 shares during the last quarter. EntryPoint Capital LLC acquired a new position in Northfield Bancorp, Inc. (Staten Island, NY) in the first quarter, valued at approximately $53,000. CWM LLC raised its stake in Northfield Bancorp, Inc. (Staten Island, NY) by 518.4% in the second quarter. CWM LLC now owns 14,211 shares of the bank’s stock worth $135,000 after acquiring an additional 11,913 shares during the last quarter. Caxton Associates LP raised its stake in Northfield Bancorp, Inc. (Staten Island, NY) by 31.8% in the first quarter. Caxton Associates LP now owns 14,718 shares of the bank’s stock worth $143,000 after purchasing an additional 3,550 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 76.0% in the first quarter. BNP Paribas Financial Markets now owns 19,794 shares of the bank’s stock worth $192,000 after buying an additional 8,550 shares in the last quarter. Hedge funds and other institutional investors own 65.51% of the company’s shares.

Analyst upgrades and downgrades

Separately, Keefe, Bruyette & Woods boosted their price target on shares of Northfield Bancorp, Inc. (Staten Island, NY) from $9.50 to $11.25 and gave the stock a “market perform” rating in a research note on Tuesday, July 30th.

Check out our latest report on Northfield Bancorp, Inc. (Staten Island, NY)

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

Shares of NFBK stock opened at $11.03 on Thursday. Northfield Bancorp, Inc. has a 1 year low of $6.98 and a 1 year high of $13.48. The stock has a market cap of $489.11 million, a PE ratio of 14.71 and a beta of 0.75. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.10, and a quick ratio of 1.10. The firm has a fifty day moving average price of $11.77 and a 200 day moving average price of $10.08.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK – Get Your Free Report ) last posted its quarterly earnings results on Wednesday, July 24th. The bank reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.03. Northfield Bancorp, Inc. (Staten Island, NY) had a net margin of 12.00% and a return on equity of 4.31%. The company had revenue of $31.55 million for the quarter, compared to analyst estimates of $30.96 million. As a group, sell-side analysts anticipate that Northfield Bancorp, Inc. it will post 0.66 EPS for the current year.

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

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 21st. Stockholders of record on Wednesday, August 7th were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Wednesday, August 7th. This represents an annualized dividend of $0.52 and a yield of 4.71%. Northfield Bancorp, Inc.’s payout ratio. (Staten Island, NY) is currently 69.33%.

Company Profile of Northfield Bancorp, Inc. (Staten Island, NY).

(Free Report)

Northfield Bancorp, Inc (Staten Island, NY) operates as the bank holding company for Northfield Bank, which provides various banking products and services primarily to individuals and corporate customers. Accepts various deposit products, including certificates of deposit, passbooks, bank statements and money market savings accounts; deposit accounts for transactions comprising negotiable orders of withdrawal accounts and non-interest-bearing and interest-bearing current accounts; and brokered deposits.

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