Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) Director Annette Catino Sells 22,000 Shares

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) Director Annette Catino sold 22,000 shares of the firm’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $13.12, for a total value of $288,640.00. Following the completion of the sale, the director now owns 225,653 shares of the company’s stock, valued at approximately $2,960,567.36. This represents a 8.88 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Northfield Bancorp, Inc. (Staten Island, NY) Stock Performance

NFBK stock traded down $0.45 during midday trading on Tuesday, reaching $12.79. 232,856 shares of the company’s stock traded hands, compared to its average volume of 263,878. The company has a 50-day moving average price of $12.70 and a two-hundred day moving average price of $11.42. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.09 and a current ratio of 1.09. Northfield Bancorp, Inc. has a 52 week low of $6.98 and a 52 week high of $14.39. The firm has a market capitalization of $548.74 million, a PE ratio of 20.00 and a beta of 0.78.

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) last released its quarterly earnings results on Wednesday, October 23rd. The bank reported $0.16 EPS for the quarter, meeting analysts’ consensus estimates of $0.16. The firm had revenue of $62.90 million during the quarter, compared to analyst estimates 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%. As a group, equities analysts anticipate that Northfield Bancorp, Inc. will post 0.66 EPS for the current year.

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

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 20th. Investors of record on Wednesday, November 6th were given a $0.13 dividend. The ex-dividend date of this dividend was Wednesday, November 6th. This represents a $0.52 annualized dividend and a yield of 4.07%. Northfield Bancorp, Inc. (Staten Island, NY)’s dividend payout ratio (DPR) is presently 81.25%.

Wall Street Analyst Weigh In

NFBK has been the subject of a number of analyst reports. Keefe, Bruyette & Woods lifted their price target on Northfield Bancorp, Inc. (Staten Island, NY) from $12.50 to $14.25 and gave the company a “market perform” rating in a research note on Wednesday, December 4th. StockNews.com raised shares of Northfield Bancorp, Inc. (Staten Island, NY) from a “sell” rating to a “hold” rating in a research report on Thursday, December 5th.

Institutional Trading of Northfield Bancorp, Inc. (Staten Island, NY)

Several hedge funds have recently added to or reduced their stakes in the business. Sanctuary Advisors LLC purchased a new position in shares of Northfield Bancorp, Inc. (Staten Island, NY) during the third quarter valued at approximately $547,000. Barclays PLC grew its stake in Northfield Bancorp, Inc. (Staten Island, NY) by 526.2% in the third quarter. Barclays PLC now owns 89,471 shares of the bank’s stock worth $1,038,000 after purchasing an additional 75,182 shares during the period. Public Employees Retirement System of Ohio grew its stake in Northfield Bancorp, Inc. (Staten Island, NY) by 59.4% in the third quarter. Public Employees Retirement System of Ohio now owns 35,544 shares of the bank’s stock worth $412,000 after purchasing an additional 13,250 shares during the period. State Street Corp grew its stake in Northfield Bancorp, Inc. (Staten Island, NY) by 36.5% in the third quarter. State Street Corp now owns 1,442,937 shares of the bank’s stock worth $16,738,000 after purchasing an additional 385,711 shares during the period. Finally, Quarry LP purchased a new stake in Northfield Bancorp, Inc. (Staten Island, NY) in the third quarter worth $28,000. 65.51% of the stock is owned by institutional investors.

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.