Texas Permanent School Fund Sells 2,379 Shares of Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK)

Texas Permanent School Fund reduced its holdings in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK – Get Rating) by 7.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 28,262 shares of the bank’s stock after selling 2,379 shares during the period. Texas Permanent School Fund owned approximately 0.06% of Northfield Bancorp, Inc. (Staten Island, NY) worth $445,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Captrust Financial Advisors lifted its stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 171.8% during the 1st quarter. Captrust Financial Advisors now owns 2,264 shares of the bank’s stock worth $33,000 after buying an additional 1,431 shares during the last quarter. Mutual of America Capital Management LLC lifted its position in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 17.3% in the 3rd quarter. Mutual of America Capital Management LLC now owns 8,476 shares of the bank’s stock worth $121,000 after purchasing an additional 1,249 shares during the period. Teacher Retirement System of Texas bought a new position in Northfield Bancorp, Inc. (Staten Island, NY) during the third quarter worth $150,000. Legato Capital Management LLC bought a new position in shares of Northfield Bancorp, Inc. (Staten Island, NY) in the fourth quarter valued at $166,000. Finally, Hennion & Walsh Asset Management Inc. bought a new position in shares of Northfield Bancorp, Inc. (Staten Island, NY) during the third quarter valued at about $170,000. 57.47% of the stock is currently owned by institutional investors and hedge funds.

Northfield Bancorp, Inc. (Staten Island, NY) Trading Up 1.2 %

Shares of NASDAQ:NFBK opened at $10.05 on Friday. Northfield Bancorp, Inc. has a 12-month low of $9.13 and a 12-month high of $16.13. The company has a market capitalization of $467.63 million, a PE ratio of 7.85 and a beta of 0.61. The business has a 50 day moving average of $11.10 and a two-hundred day moving average of $13.84. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 1.41.

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

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 24th. Investors of record on Wednesday, May 10th will be paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 5.17%. The ex-dividend date is Tuesday, May 9th. Northfield Bancorp, Inc. (Staten Island, NY)’s payout ratio is 40.63%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on NFBK shares. StockNews.com assumed coverage on shares of Northfield Bancorp, Inc. (Staten Island, NY) in a research report on Thursday. They issued a “sell” rating for the company. Keefe, Bruyette & Woods lowered their target price on shares of Northfield Bancorp, Inc. (Staten Island, NY) from $15.00 to $12.50 and set a “market perform” rating on the stock in a research note on Thursday, April 6th. Finally, TheStreet lowered shares of Northfield Bancorp, Inc. (Staten Island, NY) from a “b-” rating to a “c+” rating in a report on Monday, May 1st. One analyst has rated the stock with a sell rating and three have assigned a hold rating to the stock. According to MarketBeat.com, Northfield Bancorp, Inc. (Staten Island, NY) currently has a consensus rating of “Hold” and an average target price of $14.75.

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

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Northfield Bancorp, Inc is a holding company which engages in the provision of banking and financial services. Through its subsidiary, Northfield Bank, its business consists of originating multifamily and other commercial real estate loans, purchasing investment securities, including mortgage-backed securities and corporate bonds, and, to a lesser extent, depositing funds in other financial institutions.