Clifton Bancorp (NASDAQ:CSBK) was downgraded by research analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research note issued on Wednesday.

Separately, TheStreet cut Clifton Bancorp from a “b-” rating to a “c+” rating in a report on Wednesday, February 14th.

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Clifton Bancorp (CSBK) traded down $0.11 on Wednesday, reaching $15.80. The company’s stock had a trading volume of 11,881 shares, compared to its average volume of 62,465. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 1.53. The stock has a market cap of $354.03, a PE ratio of 71.91 and a beta of 0.37. Clifton Bancorp has a 52 week low of $15.20 and a 52 week high of $17.94.

Clifton Bancorp (NASDAQ:CSBK) last posted its quarterly earnings results on Friday, February 2nd. The savings and loans company reported $0.10 EPS for the quarter, beating the consensus estimate of $0.09 by $0.01. The company had revenue of $8.56 million during the quarter. Clifton Bancorp had a return on equity of 2.44% and a net margin of 9.23%.

Large investors have recently modified their holdings of the company. Kassirer Asset Management Corp purchased a new stake in shares of Clifton Bancorp during the 4th quarter worth about $532,000. Chicago Capital Management LLC purchased a new stake in shares of Clifton Bancorp during the 4th quarter worth about $444,000. Dimensional Fund Advisors LP grew its holdings in shares of Clifton Bancorp by 3.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,341,986 shares of the savings and loans company’s stock worth $22,438,000 after purchasing an additional 42,525 shares during the period. Goldman Sachs Group Inc. purchased a new stake in shares of Clifton Bancorp during the 2nd quarter worth about $397,000. Finally, State Street Corp grew its holdings in shares of Clifton Bancorp by 5.8% during the 2nd quarter. State Street Corp now owns 561,297 shares of the savings and loans company’s stock worth $9,280,000 after purchasing an additional 30,917 shares during the period. Institutional investors and hedge funds own 58.80% of the company’s stock.

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Clifton Bancorp Company Profile

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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