Northfield Bancorp Inc. (NASDAQ:NFBK) saw unusually-high trading volume on Friday . Approximately 269,668 shares changed hands during mid-day trading, an increase of 77% from the previous session’s volume of 152,045 shares.The stock last traded at $14.77 and had previously closed at $14.61.

NFBK has been the topic of several analyst reports. Zacks Investment Research downgraded shares of Northfield Bancorp from a “buy” rating to a “hold” rating in a research note on Wednesday, April 20th. Piper Jaffray Cos. initiated coverage on shares of Northfield Bancorp in a research note on Thursday, April 14th. They issued a “neutral” rating and a $15.00 target price on the stock.

The stock’s 50-day moving average price is $15.05 and its 200 day moving average price is $15.59. The company has a market cap of $648.68 million and a price-to-earnings ratio of 35.25.

Northfield Bancorp (NASDAQ:NFBK) last posted its quarterly earnings results on Wednesday, April 27th. The company reported $0.08 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.13 by $0.05. The business earned $24.73 million during the quarter, compared to analyst estimates of $24.44 million. During the same period last year, the firm earned $0.11 EPS. Northfield Bancorp’s revenue for the quarter was up 23.8% compared to the same quarter last year. On average, analysts predict that Northfield Bancorp Inc. will post $0.55 earnings per share for the current year.

In other Northfield Bancorp news, Director Patrick E. Scura, Jr. sold 2,500 shares of the company’s stock in a transaction that occurred on Monday, June 13th. The stock was sold at an average price of $15.23, for a total value of $38,075.00. Following the completion of the transaction, the director now directly owns 84,346 shares in the company, valued at approximately $1,284,589.58. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Other hedge funds and institutional investors have bought and sold shares of the company. California State Teachers Retirement System increased its position in Northfield Bancorp by 1.5% in the fourth quarter. California State Teachers Retirement System now owns 86,870 shares of the company’s stock valued at $1,383,000 after buying an additional 1,308 shares during the last quarter. Rhumbline Advisers increased its position in Northfield Bancorp by 2.6% in the fourth quarter. Rhumbline Advisers now owns 107,201 shares of the company’s stock valued at $1,707,000 after buying an additional 2,740 shares during the last quarter. TD Asset Management Inc. increased its position in Northfield Bancorp by 31.0% in the fourth quarter. TD Asset Management Inc. now owns 79,900 shares of the company’s stock valued at $1,272,000 after buying an additional 18,900 shares during the last quarter. Mutual of America Capital Management LLC increased its position in Northfield Bancorp by 9.3% in the fourth quarter. Mutual of America Capital Management LLC now owns 320,985 shares of the company’s stock valued at $5,110,000 after buying an additional 27,384 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. increased its position in Northfield Bancorp by 4,710.3% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 81,005 shares of the company’s stock valued at $1,290,000 after buying an additional 79,321 shares during the last quarter.

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.

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