13,129 Shares in Columbia Financial, Inc. (NASDAQ:CLBK) Acquired by Raymond James Financial Inc.

Raymond James Financial Inc. bought a new position in Columbia Financial, Inc. (NASDAQ:CLBK) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 13,129 shares of the company’s stock, valued at approximately $208,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Charles Schwab Investment Management Inc. boosted its stake in shares of Columbia Financial by 1.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 230,637 shares of the company’s stock valued at $3,646,000 after purchasing an additional 2,946 shares in the last quarter. Delta Financial Group Inc. bought a new stake in Columbia Financial in the fourth quarter worth $578,000. Strategic Advisors LLC bought a new stake in Columbia Financial in the fourth quarter worth $165,000. Roxbury Financial LLC purchased a new stake in Columbia Financial during the fourth quarter valued at about $332,000. Finally, Blue Trust Inc. grew its stake in shares of Columbia Financial by 183.7% during the fourth quarter. Blue Trust Inc. now owns 5,541 shares of the company’s stock valued at $95,000 after buying an additional 3,588 shares during the last quarter. 12.72% of the stock is currently owned by institutional investors.

Columbia Financial Stock Down 0.5 %

CLBK opened at $13.14 on Friday. The company has a market cap of $1.38 billion, a P/E ratio of -109.50 and a beta of 0.13. Columbia Financial, Inc. has a 12 month low of $12.64 and a 12 month high of $19.28. The business’s 50-day moving average price is $15.11 and its 200-day moving average price is $16.19. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.32.

Columbia Financial (NASDAQ:CLBK) last announced its quarterly earnings data on Tuesday, January 28th. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.04. Columbia Financial had a positive return on equity of 2.20% and a negative net margin of 2.39%. On average, equities analysts expect that Columbia Financial, Inc. will post 0.43 EPS for the current 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.