Jane Street Group LLC Has $779,000 Stock Holdings in Columbia Financial, Inc. (NASDAQ:CLBK)

Jane Street Group LLC lifted its stake in Columbia Financial, Inc. (NASDAQ:CLBK) by 36.9% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 45,630 shares of the company’s stock after purchasing an additional 12,291 shares during the quarter. Jane Street Group LLC’s holdings in Columbia Financial were worth $779,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Blue Trust Inc. purchased a new stake in Columbia Financial during the third quarter valued at about $33,000. Quest Partners LLC lifted its position in shares of 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 acquiring an additional 5,290 shares in the last quarter. FMR LLC lifted its position in shares of Columbia Financial by 214.8% in the 3rd quarter. FMR LLC now owns 6,747 shares of the company’s stock valued at $115,000 after acquiring an additional 4,604 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Columbia Financial by 20.9% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,699 shares of the company’s stock worth $160,000 after purchasing an additional 1,848 shares during the period. Finally, Marshall Wace LLP purchased a new position in Columbia Financial during the 2nd quarter worth approximately $162,000. Institutional investors and hedge funds own 12.72% of the company’s stock.

Insider Activity

In other news, Director Noel R. Holland sold 10,000 shares of the business’s stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $17.06, for a total transaction of $170,600.00. Following the transaction, the director now directly owns 30,501 shares in the company, valued at $520,347.06. The trade was a 24.69 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 3.38% of the stock is owned by corporate insiders.

Columbia Financial Price Performance

Shares of NASDAQ:CLBK opened at $15.58 on Friday. The company’s fifty day moving average is $17.34 and its two-hundred day moving average is $16.82. The company has a market cap of $1.63 billion, a P/E ratio of 103.87 and a beta of 0.19. Columbia Financial, Inc. has a 12-month low of $13.79 and a 12-month high of $20.46. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.32.

Columbia Financial (NASDAQ:CLBK) last posted its quarterly earnings results on Thursday, October 24th. The company reported $0.06 earnings per share for the quarter, meeting the consensus estimate of $0.06. Columbia Financial had a return on equity of 2.09% and a net margin of 3.35%. The firm had revenue of $124.87 million for the quarter, compared to analyst estimates of $54.95 million. Equities analysts expect that Columbia Financial, Inc. will post 0.17 earnings per share for the current fiscal year.

Columbia Financial Company Profile

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.