11,472 Shares in Northfield Bancorp, Inc. (NFBK) Acquired by SG Americas Securities LLC

SG Americas Securities LLC acquired a new stake in shares of Northfield Bancorp, Inc. (NASDAQ:NFBK) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 11,472 shares of the bank’s stock, valued at approximately $199,000.

A number of other large investors have also recently modified their holdings of the stock. BlackRock Inc. grew its stake in Northfield Bancorp by 0.5% during the second quarter. BlackRock Inc. now owns 5,519,013 shares of the bank’s stock valued at $94,653,000 after acquiring an additional 24,921 shares in the last quarter. Vanguard Group Inc. grew its stake in Northfield Bancorp by 1.9% in the 2nd quarter. Vanguard Group Inc. now owns 3,919,386 shares of the bank’s stock worth $67,218,000 after buying an additional 72,692 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Northfield Bancorp by 3.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,194,954 shares of the bank’s stock worth $54,794,000 after buying an additional 108,637 shares in the last quarter. Renaissance Technologies LLC grew its stake in Northfield Bancorp by 3.2% in the 2nd quarter. Renaissance Technologies LLC now owns 1,964,618 shares of the bank’s stock worth $33,693,000 after buying an additional 61,350 shares in the last quarter. Finally, State Street Corp grew its stake in Northfield Bancorp by 3.1% in the 2nd quarter. State Street Corp now owns 1,193,509 shares of the bank’s stock worth $20,467,000 after buying an additional 36,329 shares in the last quarter. 53.07% of the stock is owned by institutional investors.

A number of equities analysts have commented on NFBK shares. DA Davidson started coverage on shares of Northfield Bancorp in a research note on Friday, September 1st. They issued a “neutral” rating and a $17.00 price target for the company. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $17.00 price target on shares of Northfield Bancorp in a research note on Tuesday, October 3rd. Finally, Piper Jaffray Companies reissued a “hold” rating on shares of Northfield Bancorp in a research note on Friday, November 10th.

Northfield Bancorp, Inc. (NFBK) opened at $17.59 on Friday. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.90. Northfield Bancorp, Inc. has a 12 month low of $15.35 and a 12 month high of $20.36. The company has a market cap of $851.97, a P/E ratio of 23.77, a price-to-earnings-growth ratio of 2.39 and a beta of 0.34.

Northfield Bancorp (NASDAQ:NFBK) last released its quarterly earnings results on Wednesday, October 25th. The bank reported $0.17 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.17. Northfield Bancorp had a net margin of 24.39% and a return on equity of 4.97%. The business had revenue of $29.97 million during the quarter, compared to analysts’ expectations of $29.66 million. sell-side analysts expect that Northfield Bancorp, Inc. will post 0.73 earnings per share for the current year.

In other news, EVP Robin Lefkowitz sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $17.00, for a total value of $34,000.00. Following the completion of the sale, the executive vice president now directly owns 30,433 shares in the company, valued at approximately $517,361. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 9.34% of the company’s stock.

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Northfield Bancorp Profile

Northfield Bancorp, Inc is a holding company for Northfield Bank (the Bank). Northfield Bank’s principal business consists of originating commercial real estate loans and multifamily real estate loans, purchasing investment securities including mortgage-backed securities and corporate bonds, as well as depositing funds in other financial institutions.

Institutional Ownership by Quarter for Northfield Bancorp (NASDAQ:NFBK)

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