Northfield Bancorp Inc (NASDAQ:NFBK) EVP Robin Lefkowitz sold 2,000 shares of the business’s stock in a transaction dated Monday, June 3rd. The shares were sold at an average price of $15.20, for a total value of $30,400.00. Following the completion of the transaction, the executive vice president now directly owns 20,240 shares in the company, valued at $307,648. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Robin Lefkowitz also recently made the following trade(s):
- On Thursday, June 13th, Robin Lefkowitz sold 769 shares of Northfield Bancorp stock. The stock was sold at an average price of $15.25, for a total value of $11,727.25.
NASDAQ NFBK traded up $0.10 on Friday, hitting $15.61. 75,733 shares of the stock traded hands, compared to its average volume of 92,832. Northfield Bancorp Inc has a 12 month low of $12.76 and a 12 month high of $17.27. The stock’s fifty day simple moving average is $15.17. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.98 and a quick ratio of 0.98. The company has a market cap of $750.15 million, a price-to-earnings ratio of 20.54, a price-to-earnings-growth ratio of 2.51 and a beta of 0.55.
Several hedge funds have recently modified their holdings of NFBK. FMR LLC raised its position in shares of Northfield Bancorp by 561.8% in the fourth quarter. FMR LLC now owns 2,356 shares of the bank’s stock worth $32,000 after buying an additional 2,000 shares in the last quarter. Knuff & Co LLC purchased a new stake in Northfield Bancorp during the first quarter valued at about $51,000. Acadian Asset Management LLC purchased a new stake in Northfield Bancorp during the fourth quarter valued at about $88,000. BNP Paribas Arbitrage SA raised its position in Northfield Bancorp by 183.5% during the first quarter. BNP Paribas Arbitrage SA now owns 10,090 shares of the bank’s stock valued at $140,000 after purchasing an additional 6,531 shares in the last quarter. Finally, Metropolitan Life Insurance Co. NY raised its position in Northfield Bancorp by 398.2% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 14,518 shares of the bank’s stock valued at $197,000 after purchasing an additional 11,604 shares in the last quarter. Institutional investors own 57.54% of the company’s stock.
A number of research analysts recently weighed in on NFBK shares. Zacks Investment Research raised Northfield Bancorp from a “sell” rating to a “hold” rating in a research note on Friday, June 21st. BidaskClub downgraded Northfield Bancorp from a “hold” rating to a “sell” rating in a research note on Thursday, February 28th. Finally, TheStreet raised Northfield Bancorp from a “c+” rating to a “b-” rating in a research note on Thursday, May 9th. One research analyst has rated the stock with a sell rating and three have given a hold rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $18.00.
Northfield Bancorp Company Profile
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 transaction accounts comprising negotiable orders of withdrawal accounts and non-interest bearing checking accounts; savings accounts, such as money market, passbook, and statement savings; certificates of deposit consisting of individual retirement accounts; and brokered deposits.
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