Clifton Bancorp (NASDAQ:CSBK) was downgraded by equities researchers at BidaskClub from a “sell” rating to a “strong sell” rating in a research report issued to clients and investors on Tuesday.

Shares of Clifton Bancorp (CSBK) opened at $16.63 on Tuesday. Clifton Bancorp has a twelve month low of $15.21 and a twelve month high of $17.94. The firm has a market capitalization of $371.13, a price-to-earnings ratio of 55.43 and a beta of 0.40. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 1.19.

A number of institutional investors have recently made changes to their positions in the business. Renaissance Technologies LLC grew its position in Clifton Bancorp by 1.0% in the 2nd quarter. Renaissance Technologies LLC now owns 1,532,562 shares of the savings and loans company’s stock valued at $25,333,000 after acquiring an additional 14,800 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Clifton Bancorp by 3.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,341,986 shares of the savings and loans company’s stock valued at $22,438,000 after acquiring an additional 42,525 shares during the last quarter. State Street Corp grew its position in Clifton Bancorp by 5.8% in the 2nd quarter. State Street Corp now owns 561,297 shares of the savings and loans company’s stock valued at $9,280,000 after acquiring an additional 30,917 shares during the last quarter. Foundry Partners LLC grew its position in Clifton Bancorp by 8.0% in the 3rd quarter. Foundry Partners LLC now owns 320,748 shares of the savings and loans company’s stock valued at $5,363,000 after acquiring an additional 23,776 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new position in shares of Clifton Bancorp during the 2nd quarter worth $2,042,000. 61.85% of the stock is currently owned by institutional investors.

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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.

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