Quadrature Capital Ltd Acquires 14,204 Shares of BCB Bancorp, Inc. (NASDAQ:BCBP)

Quadrature Capital Ltd raised its holdings in BCB Bancorp, Inc. (NASDAQ:BCBP – Get Rating) by 102.4% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 28,077 shares of the bank’s stock after buying an additional 14,204 shares during the quarter. Quadrature Capital Ltd owned 0.17% of BCB Bancorp worth $473,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP grew its stake in shares of BCB Bancorp by 7.4% in the third quarter. Dimensional Fund Advisors LP now owns 949,374 shares of the bank’s stock worth $15,979,000 after acquiring an additional 65,201 shares during the last quarter. BlackRock Inc. boosted its holdings in BCB Bancorp by 3.4% in the 3rd quarter. BlackRock Inc. now owns 731,949 shares of the bank’s stock valued at $12,319,000 after purchasing an additional 24,119 shares during the period. Renaissance Technologies LLC grew its position in BCB Bancorp by 6.2% in the 2nd quarter. Renaissance Technologies LLC now owns 498,279 shares of the bank’s stock worth $8,486,000 after purchasing an additional 29,201 shares during the last quarter. State Street Corp increased its holdings in shares of BCB Bancorp by 115.7% during the 2nd quarter. State Street Corp now owns 197,734 shares of the bank’s stock worth $3,367,000 after purchasing an additional 106,074 shares during the period. Finally, Bank of New York Mellon Corp raised its position in shares of BCB Bancorp by 7.4% during the third quarter. Bank of New York Mellon Corp now owns 151,510 shares of the bank’s stock valued at $2,549,000 after buying an additional 10,396 shares during the last quarter. 39.78% of the stock is owned by institutional investors.

BCB Bancorp Stock Down 4.0 %

Shares of BCBP stock opened at $15.02 on Friday. The stock has a market cap of $253.69 million, a P/E ratio of 5.80 and a beta of 0.64. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.11 and a quick ratio of 1.11. The stock has a fifty day moving average price of $17.57 and a 200 day moving average price of $18.17. BCB Bancorp, Inc. has a one year low of $14.80 and a one year high of $20.71.

BCB Bancorp (NASDAQ:BCBP – Get Rating) last released its quarterly earnings data on Thursday, January 26th. The bank reported $0.69 EPS for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.06). The business had revenue of $31.24 million for the quarter, compared to the consensus estimate of $35.70 million. BCB Bancorp had a return on equity of 17.83% and a net margin of 34.26%. Analysts predict that BCB Bancorp, Inc. will post 2.6 earnings per share for the current year.

BCB Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 17th. Shareholders of record on Friday, February 3rd were issued a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 4.26%. The ex-dividend date was Thursday, February 2nd. BCB Bancorp’s payout ratio is 24.71%.

Analysts Set New Price Targets

Separately, StockNews.com lowered BCB Bancorp from a “buy” rating to a “hold” rating in a research note on Friday, January 27th.

BCB Bancorp Profile

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BCB Bancorp, Inc is a holding company, which engages in the provision of financial solutions. It offers loans, deposit products, and retail and commercial banking services. The company was founded on May 1, 2003 and is headquartered in Bayonne, NJ.