Northfield Bancorp Inc (NASDAQ:NFBK) Director John P. Connors, Jr. sold 2,500 shares of the stock in a transaction on Monday, September 10th. The stock was sold at an average price of $16.05, for a total value of $40,125.00. Following the transaction, the director now owns 104,603 shares of the company’s stock, valued at $1,678,878.15. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Shares of NASDAQ:NFBK opened at $15.92 on Thursday. The firm has a market capitalization of $795.35 million, a PE ratio of 20.34, a price-to-earnings-growth ratio of 2.42 and a beta of 0.40. Northfield Bancorp Inc has a twelve month low of $15.14 and a twelve month high of $18.39. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.09 and a quick ratio of 1.09.

Northfield Bancorp (NASDAQ:NFBK) last posted its quarterly earnings results on Friday, July 27th. The bank reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.02. The business had revenue of $30.22 million for the quarter, compared to analysts’ expectations of $30.37 million. Northfield Bancorp had a return on equity of 5.75% and a net margin of 18.48%. equities analysts anticipate that Northfield Bancorp Inc will post 0.83 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 22nd. Investors of record on Wednesday, August 8th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 2.51%. The ex-dividend date was Tuesday, August 7th. Northfield Bancorp’s dividend payout ratio is 54.79%.

A number of brokerages have recently weighed in on NFBK. Zacks Investment Research upgraded Northfield Bancorp from a “sell” rating to a “hold” rating in a research note on Tuesday, July 10th. BidaskClub upgraded Northfield Bancorp from a “hold” rating to a “buy” rating in a research note on Saturday, June 23rd. Finally, ValuEngine upgraded Northfield Bancorp from a “sell” rating to a “hold” rating in a research note on Monday, June 18th. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the company’s stock. Northfield Bancorp presently has an average rating of “Hold” and a consensus price target of $17.75.

A number of institutional investors have recently bought and sold shares of NFBK. Rhumbline Advisers boosted its holdings in Northfield Bancorp by 3.6% in the first quarter. Rhumbline Advisers now owns 135,439 shares of the bank’s stock valued at $2,114,000 after acquiring an additional 4,745 shares during the last quarter. SG Americas Securities LLC bought a new position in Northfield Bancorp in the first quarter valued at about $126,000. Swiss National Bank boosted its holdings in Northfield Bancorp by 7.1% in the first quarter. Swiss National Bank now owns 76,600 shares of the bank’s stock valued at $1,196,000 after acquiring an additional 5,100 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its holdings in Northfield Bancorp by 3.2% in the first quarter. Schwab Charles Investment Management Inc. now owns 235,206 shares of the bank’s stock valued at $3,672,000 after acquiring an additional 7,341 shares during the last quarter. Finally, Aperio Group LLC boosted its holdings in Northfield Bancorp by 29.1% in the first quarter. Aperio Group LLC now owns 17,563 shares of the bank’s stock valued at $274,000 after acquiring an additional 3,957 shares during the last quarter. Institutional investors and hedge funds own 55.17% of the company’s stock.

About Northfield Bancorp

Northfield Bancorp, Inc 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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