Wealth Enhancement Advisory Services LLC Acquires New Shares in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK)

Wealth Enhancement Advisory Services LLC acquired a new position in Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 11,917 shares of the bank’s stock, valued at approximately $138,000.

A number of other hedge funds have also bought and sold shares of the business. PFG Investments LLC bought a new stake in shares of Northfield Bancorp, Inc. (Staten Island, NY) in the third quarter worth approximately $236,000. Signaturefd LLC grew its position in Northfield Bancorp, Inc. (Staten Island, NY) by 227.2% in the 3rd quarter. Signaturefd LLC now owns 2,143 shares of the bank’s stock worth $25,000 after purchasing an additional 1,488 shares during the period. Creative Planning grew its position in Northfield Bancorp, Inc. (Staten Island, NY) by 89.4% in the 3rd quarter. Creative Planning now owns 55,993 shares of the bank’s stock worth $650,000 after purchasing an additional 26,427 shares during the period. Inspire Investing LLC purchased a new stake in Northfield Bancorp, Inc. (Staten Island, NY) during the 3rd quarter valued at $890,000. Finally, CWM LLC lifted its holdings in shares of Northfield Bancorp, Inc. (Staten Island, NY) by 90.4% during the 3rd quarter. CWM LLC now owns 27,057 shares of the bank’s stock valued at $314,000 after buying an additional 12,846 shares during the period. Hedge funds and other institutional investors own 65.51% of the company’s stock.

Northfield Bancorp, Inc. (Staten Island, NY) Stock Down 2.6 %

NFBK stock opened at $13.74 on Wednesday. The business’s 50-day moving average price is $11.88 and its 200-day moving average price is $10.71. The stock has a market cap of $593.43 million, a P/E ratio of 21.47 and a beta of 0.74. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.50. Northfield Bancorp, Inc. has a twelve month low of $6.98 and a twelve month high of $14.28.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) last issued its quarterly earnings results on Wednesday, October 23rd. The bank reported $0.16 earnings per share for the quarter, meeting the consensus estimate of $0.16. The business had revenue of $62.90 million for the quarter, compared to the consensus estimate of $32.30 million. Northfield Bancorp, Inc. (Staten Island, NY) had a net margin of 10.94% and a return on equity of 4.05%. On average, equities research analysts forecast that Northfield Bancorp, Inc. will post 0.67 EPS for the current year.

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

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 20th. Investors of record on Wednesday, November 6th will be issued a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 3.78%. The ex-dividend date is Wednesday, November 6th. Northfield Bancorp, Inc. (Staten Island, NY)’s dividend payout ratio is currently 81.25%.

Analyst Ratings Changes

Several analysts recently commented on the company. StockNews.com raised Northfield Bancorp, Inc. (Staten Island, NY) from a “sell” rating to a “hold” rating in a report on Tuesday. Keefe, Bruyette & Woods upped their price target on shares of Northfield Bancorp, Inc. (Staten Island, NY) from $9.50 to $11.25 and gave the company a “market perform” rating in a research report on Tuesday, July 30th.

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

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.