BCB Bancorp, Inc. (NASDAQ:BCBP) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $13.08 and traded as high as $13.41. BCB Bancorp shares last traded at $13.40, with a volume of 532 shares traded.
A number of equities analysts have recently weighed in on the stock. ValuEngine cut shares of BCB Bancorp from a “sell” rating to a “strong sell” rating in a research report on Wednesday. Zacks Investment Research cut shares of BCB Bancorp from a “buy” rating to a “strong sell” rating in a research report on Thursday, October 24th.
The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.17 and a current ratio of 1.17. The company has a 50-day moving average of $13.09 and a 200-day moving average of $12.74. The firm has a market capitalization of $221.81 million, a price-to-earnings ratio of 13.31 and a beta of 0.82.
The business also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, November 8th were given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 4.17%. The ex-dividend date of this dividend was Thursday, November 7th. BCB Bancorp’s dividend payout ratio is 55.45%.
Institutional investors and hedge funds have recently bought and sold shares of the stock. Russell Investments Group Ltd. acquired a new position in BCB Bancorp in the 2nd quarter worth $29,000. Meeder Asset Management Inc. increased its holdings in BCB Bancorp by 169.9% during the 3rd quarter. Meeder Asset Management Inc. now owns 5,052 shares of the bank’s stock worth $66,000 after purchasing an additional 3,180 shares in the last quarter. Millennium Management LLC increased its holdings in BCB Bancorp by 6.0% during the 3rd quarter. Millennium Management LLC now owns 14,884 shares of the bank’s stock worth $191,000 after purchasing an additional 848 shares in the last quarter. Parametric Portfolio Associates LLC raised its stake in shares of BCB Bancorp by 53.8% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 16,198 shares of the bank’s stock valued at $224,000 after purchasing an additional 5,668 shares during the period. Finally, JPMorgan Chase & Co. raised its stake in shares of BCB Bancorp by 77.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 16,989 shares of the bank’s stock valued at $214,000 after purchasing an additional 7,413 shares during the period. 30.76% of the stock is currently owned by institutional investors and hedge funds.
About BCB Bancorp (NASDAQ:BCBP)
BCB Bancorp, Inc operates as a bank holding company for BCB Community Bank, a state-chartered commercial bank that provides banking products and services to businesses and individuals in the United States. The company offers deposit products, including interest and non-interest bearing demand, NOW, savings and club, money market, term certificate, interest bearing checking, and individual retirement accounts.
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