Invesco Ltd. Has $598,000 Stock Position in Columbia Financial $CLBK

Invesco Ltd. lowered its stake in Columbia Financial (NASDAQ:CLBK) by 6.9% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 39,871 shares of the company’s stock after selling 2,968 shares during the quarter. Invesco Ltd.’s holdings in Columbia Financial were worth $598,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of CLBK. Signaturefd LLC lifted its stake in Columbia Financial by 79.1% in the first quarter. Signaturefd LLC now owns 1,637 shares of the company’s stock valued at $25,000 after buying an additional 723 shares in the last quarter. GAMMA Investing LLC lifted its stake in Columbia Financial by 4,061.3% in the first quarter. GAMMA Investing LLC now owns 2,580 shares of the company’s stock valued at $39,000 after buying an additional 2,518 shares in the last quarter. OneDigital Investment Advisors LLC bought a new position in Columbia Financial in the first quarter valued at approximately $152,000. Price T Rowe Associates Inc. MD bought a new position in Columbia Financial in the fourth quarter valued at approximately $168,000. Finally, Two Sigma Advisers LP lifted its stake in Columbia Financial by 22.5% in the fourth quarter. Two Sigma Advisers LP now owns 12,500 shares of the company’s stock valued at $198,000 after buying an additional 2,300 shares in the last quarter. Institutional investors own 12.72% of the company’s stock.

Columbia Financial Price Performance

NASDAQ CLBK opened at $15.00 on Friday. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.14. Columbia Financial has a 12-month low of $12.64 and a 12-month high of $19.28. The company has a market capitalization of $1.57 billion, a PE ratio of 250.00 and a beta of 0.32. The firm’s 50 day moving average is $14.74 and its 200-day moving average is $14.63.

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