Creative Planning Has $473,000 Stock Position in Columbia Financial, Inc. (NASDAQ:CLBK)

Creative Planning grew its stake in Columbia Financial, Inc. (NASDAQ:CLBK) by 58.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 27,715 shares of the company’s stock after purchasing an additional 10,270 shares during the period. Creative Planning’s holdings in Columbia Financial were worth $473,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Quest Partners LLC boosted its position in Columbia Financial by 6,151.2% in the 2nd quarter. Quest Partners LLC now owns 5,376 shares of the company’s stock valued at $80,000 after buying an additional 5,290 shares during the last quarter. SG Americas Securities LLC acquired a new position in Columbia Financial during the second quarter valued at approximately $126,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Columbia Financial by 20.9% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,699 shares of the company’s stock valued at $160,000 after purchasing an additional 1,848 shares in the last quarter. Marshall Wace LLP bought a new stake in shares of Columbia Financial during the second quarter worth $162,000. Finally, BNP Paribas Financial Markets grew its stake in shares of Columbia Financial by 101.0% in the first quarter. BNP Paribas Financial Markets now owns 16,350 shares of the company’s stock worth $281,000 after purchasing an additional 8,216 shares during the last quarter. 12.72% of the stock is currently owned by institutional investors.

Columbia Financial Price Performance

CLBK stock opened at $18.97 on Thursday. The company’s fifty day simple moving average is $17.09 and its 200 day simple moving average is $16.28. Columbia Financial, Inc. has a 12-month low of $13.79 and a 12-month high of $20.46. The firm has a market cap of $1.99 billion, a price-to-earnings ratio of 126.47 and a beta of 0.17. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 1.61.

Columbia Financial (NASDAQ:CLBK) last posted its earnings results on Thursday, October 24th. The company reported $0.06 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.06. Columbia Financial had a net margin of 3.35% and a return on equity of 2.11%. The company had revenue of $124.87 million for the quarter, compared to analyst estimates of $54.95 million. On average, analysts expect that Columbia Financial, Inc. will post 0.18 earnings per share for the current year.

About Columbia Financial

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.