Clifton Bancorp (CSBK) Rating Lowered to Strong Sell at BidaskClub

BidaskClub downgraded shares of Clifton Bancorp (NASDAQ:CSBK) from a sell rating to a strong sell rating in a research report released on Tuesday morning.

Clifton Bancorp (CSBK) opened at $17.08 on Tuesday. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 1.19. The company has a market capitalization of $374.66, a PE ratio of 56.93 and a beta of 0.40. Clifton Bancorp has a 1 year low of $15.21 and a 1 year high of $17.94.

Institutional investors have recently made changes to their positions in the company. Alliancebernstein L.P. increased its position in shares of Clifton Bancorp by 28.8% during the 2nd quarter. Alliancebernstein L.P. now owns 14,304 shares of the savings and loans company’s stock valued at $236,000 after purchasing an additional 3,200 shares during the last quarter. GSA Capital Partners LLP purchased a new stake in Clifton Bancorp during the 2nd quarter valued at about $238,000. Nine Chapters Capital Management LLC purchased a new stake in Clifton Bancorp during the 3rd quarter valued at about $257,000. Goldman Sachs Group Inc. purchased a new stake in Clifton Bancorp during the 2nd quarter valued at about $397,000. Finally, Los Angeles Capital Management & Equity Research Inc. boosted its holdings in Clifton Bancorp by 73.3% during the 2nd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 26,724 shares of the savings and loans company’s stock valued at $442,000 after acquiring an additional 11,300 shares during the period. Hedge funds and other institutional investors own 61.85% of the company’s stock.

WARNING: This report was first published by Community Financial News and is the sole property of of Community Financial News. If you are viewing this report on another domain, it was stolen and reposted in violation of US & international trademark and copyright law. The original version of this report can be accessed at https://www.com-unik.info/2018/01/13/clifton-bancorp-csbk-rating-lowered-to-strong-sell-at-bidaskclub.html.

About Clifton Bancorp

Clifton Bancorp Inc, formerly Clifton Savings Bancorp, Inc, is a savings and loan holding company that operates through its subsidiary, Clifton Savings Bank (Clifton Savings). Clifton Savings is a federally chartered savings bank. Clifton Savings operate as a community-oriented financial institution offering traditional financial services to consumers and businesses in the market area.

What are top analysts saying about Clifton Bancorp? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Clifton Bancorp and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit