Columbia Financial $CLBK Shares Purchased by Deutsche Bank AG

Deutsche Bank AG lifted its holdings in Columbia Financial (NASDAQ:CLBK) by 39.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,924 shares of the company’s stock after purchasing an additional 5,892 shares during the quarter. Deutsche Bank AG’s holdings in Columbia Financial were worth $314,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. OneDigital Investment Advisors LLC acquired a new stake in shares of Columbia Financial in the 1st quarter worth $152,000. Price T Rowe Associates Inc. MD acquired a new stake in shares of Columbia Financial in the 4th quarter worth $168,000. GAMMA Investing LLC boosted its position in shares of Columbia Financial by 4,061.3% in the 1st quarter. GAMMA Investing LLC now owns 2,580 shares of the company’s stock worth $39,000 after purchasing an additional 2,518 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Columbia Financial by 10.3% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 79,576 shares of the company’s stock worth $1,258,000 after purchasing an additional 7,421 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in shares of Columbia Financial by 35.5% in the 4th quarter. Bank of America Corp DE now owns 49,624 shares of the company’s stock worth $785,000 after purchasing an additional 12,992 shares in the last quarter. Institutional investors and hedge funds own 12.72% of the company’s stock.

Columbia Financial Stock Down 0.3%

Columbia Financial stock opened at $15.03 on Friday. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.01 and a quick ratio of 1.01. The stock has a market capitalization of $1.58 billion, a price-to-earnings ratio of 250.50 and a beta of 0.25. Columbia Financial has a 1-year low of $12.64 and a 1-year high of $19.28. The business has a fifty day moving average price of $14.70 and a 200-day moving average price of $14.66.

Columbia Financial (NASDAQ:CLBK) last posted its quarterly earnings data on Wednesday, July 30th. The company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.01. Columbia Financial had a return on equity of 3.58% and a net margin of 1.24%.The firm had revenue of $63.88 million during the quarter, compared to analysts’ expectations of $53.20 million. Equities research analysts forecast that Columbia Financial will post 0.43 EPS for the current fiscal 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.