Nisa Investment Advisors LLC Grows Position in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK)

Nisa Investment Advisors LLC boosted its stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) by 21,750.0% during the 4th quarter, Holdings Channel reports. The firm owned 8,740 shares of the bank’s stock after acquiring an additional 8,700 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Northfield Bancorp, Inc. (Staten Island, NY) were worth $110,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of NFBK. American Century Companies Inc. grew its position in Northfield Bancorp, Inc. (Staten Island, NY) by 29.1% during the 1st quarter. American Century Companies Inc. now owns 60,554 shares of the bank’s stock worth $870,000 after purchasing an additional 13,644 shares during the last quarter. Citigroup Inc. boosted its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 12.2% in the 1st quarter. Citigroup Inc. now owns 37,664 shares of the bank’s stock valued at $541,000 after acquiring an additional 4,106 shares during the last quarter. MetLife Investment Management LLC boosted its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 52.9% in the 1st quarter. MetLife Investment Management LLC now owns 24,262 shares of the bank’s stock valued at $348,000 after acquiring an additional 8,392 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 13.4% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 37,376 shares of the bank’s stock valued at $537,000 after acquiring an additional 4,416 shares during the last quarter. Finally, Great West Life Assurance Co. Can boosted its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 3.6% in the 1st quarter. Great West Life Assurance Co. Can now owns 40,147 shares of the bank’s stock valued at $591,000 after acquiring an additional 1,412 shares during the last quarter. Hedge funds and other institutional investors own 65.51% of the company’s stock.

Northfield Bancorp, Inc. (Staten Island, NY) Stock Up 4.7 %

NFBK stock opened at $8.51 on Friday. The firm’s fifty day simple moving average is $9.63 and its 200-day simple moving average is $10.36. The company has a market capitalization of $378.35 million, a P/E ratio of 9.90 and a beta of 0.68. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.12 and a quick ratio of 1.12. Northfield Bancorp, Inc. has a 12 month low of $7.99 and a 12 month high of $13.48.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) last posted its earnings results on Wednesday, January 24th. The bank reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.03. Northfield Bancorp, Inc. (Staten Island, NY) had a net margin of 17.07% and a return on equity of 5.44%. The firm had revenue of $58.09 million during the quarter, compared to analysts’ expectations of $31.65 million. As a group, equities research analysts forecast that Northfield Bancorp, Inc. will post 0.71 earnings per share for the current year.

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

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 21st. Investors of record on Wednesday, February 7th were paid a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 6.11%. The ex-dividend date was Tuesday, February 6th. Northfield Bancorp, Inc. (Staten Island, NY)’s dividend payout ratio is currently 60.47%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on NFBK. TheStreet downgraded shares of Northfield Bancorp, Inc. (Staten Island, NY) from a “b-” rating to a “c+” rating in a report on Friday, March 1st. Keefe, Bruyette & Woods dropped their price objective on shares of Northfield Bancorp, Inc. (Staten Island, NY) from $12.00 to $11.00 and set a “market perform” rating on the stock in a report on Friday, April 5th.

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

Northfield Bancorp, Inc (Staten Island, NY) operates as the bank holding company for Northfield Bank that provides various banking products and services primarily to individuals and corporate customers. It accepts various deposits products, including certificates of deposit, passbook, statement, and money market savings accounts; transaction deposit accounts comprising negotiable orders of withdrawal accounts, and interest and non-interest-bearing checking accounts; and brokered deposits.