First Bancorp (NYSE:FBP) Shares Bought by Millennium Management LLC

Millennium Management LLC grew its holdings in shares of First Bancorp (NYSE:FBP) by 35.4% during the 4th quarter, according to its most recent …

First Bancorp logoMillennium Management LLC grew its holdings in shares of First Bancorp (NYSE:FBP) by 35.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,998,527 shares of the bank’s stock after buying an additional 522,774 shares during the period. Millennium Management LLC owned 0.92% of First Bancorp worth $17,187,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Oppenheimer Asset Management Inc. purchased a new stake in First Bancorp in the fourth quarter worth about $65,000. First Citizens Bank & Trust Co. acquired a new stake in shares of First Bancorp in the 4th quarter worth $101,000. WINTON GROUP Ltd acquired a new stake in shares of First Bancorp in the 4th quarter worth $112,000. Cigna Investments Inc. New acquired a new stake in shares of First Bancorp in the 4th quarter worth $115,000. Finally, Squarepoint Ops LLC acquired a new stake in shares of First Bancorp in the 4th quarter worth $127,000. 91.50% of the stock is currently owned by hedge funds and other institutional investors.

FBP opened at $11.47 on Thursday. First Bancorp has a fifty-two week low of $6.32 and a fifty-two week high of $11.94. The stock has a market cap of $2.49 billion, a P/E ratio of 18.50, a price-to-earnings-growth ratio of 0.96 and a beta of 1.56. The company has a current ratio of 1.01, a quick ratio of 1.00 and a debt-to-equity ratio of 0.46.

First Bancorp (NYSE:FBP) last announced its quarterly earnings results on Tuesday, January 29th. The bank reported $0.20 EPS for the quarter, beating the consensus estimate of $0.16 by $0.04. The company had revenue of $158.23 million for the quarter, compared to analyst estimates of $158.30 million. First Bancorp had a net margin of 28.13% and a return on equity of 7.36%. During the same quarter last year, the business earned $0.11 earnings per share. Sell-side analysts predict that First Bancorp will post 0.76 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Thursday, February 28th were issued a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 1.05%. The ex-dividend date of this dividend was Wednesday, February 27th. First Bancorp’s dividend payout ratio (DPR) is presently 19.35%.

A number of research firms have recently weighed in on FBP. Zacks Investment Research cut First Bancorp from a “buy” rating to a “hold” rating in a research report on Tuesday, April 2nd. ValuEngine upgraded First Bancorp from a “hold” rating to a “buy” rating in a research note on Wednesday, December 12th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. First Bancorp presently has an average rating of “Buy” and a consensus price target of $10.50.

TRADEMARK VIOLATION NOTICE: “First Bancorp (NYSE:FBP) Shares Bought by Millennium Management LLC” was originally published by Modern Readers and is owned by of Modern Readers. If you are reading this article on another website, it was stolen and republished in violation of US & international trademark & copyright legislation. The legal version of this article can be viewed at https://www.modernreaders.com/news/2019/04/11/millennium-management-llc-increases-position-in-first-bancorp-fbp.html.

First Bancorp Profile

First BanCorp. operates as the bank holding company for FirstBank Puerto Rico that provides a range of financial products and services to retail, commercial, and institutional clients. The company operates in six segments: Commercial and Corporate Banking, Consumer (Retail) Banking, Mortgage Banking, Treasury and Investments, United States Operations, and Virgin Islands Operations.

Further Reading: Compound Interest

Institutional Ownership by Quarter for First Bancorp (NYSE:FBP)

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Welch Group Upped 3M Company (MMM) Position By $639730; Kentucky First Federal Bancorp …

N SETS QUARTERLY DIVIDEND OF $1.36/SHR; 24/04/2018 – 3M 1Q EPS 98c; 04/04/2018 – 3M Selects C3 IoT As Strategic Al Software Platform; …

3M Company (NYSE:MMM) Logo

Welch Group Llc increased 3M Company (MMM) stake by 2.86% reported in 2018Q4 SEC filing. Welch Group Llc acquired 3,367 shares as 3M Company (MMM)’s stock rose 1.23%. The Welch Group Llc holds 121,094 shares with $23.07M value, up from 117,727 last quarter. 3M Company now has $122.15 billion valuation. The stock increased 0.07% or $0.15 during the last trading session, reaching $212.11. About 1.25 million shares traded. 3M Company (NYSE:MMM) has declined 10.58% since April 11, 2018 and is downtrending. It has underperformed by 14.95% the S&P500. Some Historical MMM News: 24/04/2018 – CORNING – FOR 2018, OPTICAL COMMUNICATIONS SALES EXPECTED TO INCREASE BY ABOUT 10%, EXCLUDING CONTRIBUTION FROM PENDING ACQUISITION OF A 3M DIVISION; 04/04/2018 – 3M Names Sarah Grauze Treasurer and Vice President, Finance; 21/03/2018 – MOMENT GROUP AB MOMENT.ST – ISSUES BONDS WITH TOTAL FRAME OF SEK 400 MLN, BONDS RUN FOR 3 YEARS WITH FLOATING RATE OF STIBOR 3M + 6.0 PCT; 08/05/2018 – 3M CO MMM.N SETS QUARTERLY DIVIDEND OF $1.36/SHR; 24/04/2018 – 3M 1Q EPS 98c; 04/04/2018 – 3M Selects C3 IoT As Strategic Al Software Platform; 19/04/2018 – Mexico 3M TIIE Rate Seen at 7.86% by End-3Q (Survey); 21/05/2018 – ALJ REGIONAL HOLDINGS INC – REAFFIRMS GUIDANCE RANGE FOR FULL FISCAL YEAR ENDING SEPT 30, 2018 – SEC FILING; 30/05/2018 – 3M INDIA 4Q NET INCOME 930.5M RUPEES; 09/05/2018 – 3M: EVP, SAFETY-GRAPHICS GROUP FRANK LITTLE TO RETIRE JULY 1

Kentucky First Federal Bancorp (KFFB) investors sentiment decreased to 1 in 2018 Q4. It’s down -Infinity, from Infinity in 2018Q3. The ratio has dropped, as 4 funds increased and opened new equity positions, while 4 sold and reduced holdings in Kentucky First Federal Bancorp. The funds in our database now have: 208,776 shares, down from 431,196 shares in 2018Q3. Also, the number of funds holding Kentucky First Federal Bancorp in top ten equity positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 2 Increased: 2 New Position: 2.

Kentucky First Federal Bancorp operates as the holding firm for First Federal Savings and Loan Association of Hazard, and Frankfort First Bancorp, Inc. that provide various banking services and products in the United States. The company has market cap of $62.89 million. The Company’s deposit products include passbook savings and certificate accounts, checking accounts, and individual retirement accounts. It has a 131.75 P/E ratio. The companyÂ’s loan portfolio comprises one- to four-family residential mortgage loans; construction loans; mortgage loans secured by multi-family property; nonresidential loans that are secured by commercial office buildings, churches, condominiums, and properties used for other purposes; commercial non-mortgage loans; and consumer loans, such as home equity lines of credit, loans secured by savings deposits, automobile loans, and unsecured or personal loans.

The stock decreased 1.83% or $0.14 during the last trading session, reaching $7.51. About 1,211 shares traded. Kentucky First Federal Bancorp (KFFB) has declined 9.08% since April 11, 2018 and is downtrending. It has underperformed by 13.45% the S&P500. Some Historical KFFB News: 08/05/2018 – KENTUCKY FIRST FEDERAL BANCORP KFFB.O QUARTERLY SHR $0.02; 04/04/2018 Kentucky First Federal Bancorp Announces Payment of Quarterly Dividend; 19/04/2018 – DJ Kentucky First Federal Bancorp, Inst Holders, 1Q 2018 (KFFB); 08/05/2018 – Kentucky First Federal Bancorp Releases Earnings; 08/05/2018 – Kentucky First Federal 3Q EPS 2c

More important recent Kentucky First Federal Bancorp (NASDAQ:KFFB) news were published by: Globenewswire.com which released: “Kentucky First Federal Bancorp Announces Initiation of New Stock Repurchase Plan – GlobeNewswire” on December 19, 2018, also Globenewswire.com published article titled: “Kentucky First Federal Bancorp Announces Payment of Quarterly Dividend – GlobeNewswire”, Nasdaq.com published: “Kentucky First Federal Bancorp (KFFB) Ex-Dividend Date Scheduled for April 26, 2013 – NASDAQ” on April 25, 2013. More interesting news about Kentucky First Federal Bancorp (NASDAQ:KFFB) was released by: Nasdaq.com and their article: “Dividend Stocks: Highest Dividend Stocks by Yield – Nasdaq” with publication date: September 21, 2016.

Arbiter Partners Capital Management Llc holds 0.05% of its portfolio in Kentucky First Federal Bancorp for 68,283 shares. Bank Of America Corp De owns 1,864 shares or 0% of their US portfolio. Moreover, Blackrock Inc. has 0% invested in the company for 1,597 shares. The Tennessee-based Delta Asset Management Llc Tn has invested 0% in the stock. Dimensional Fund Advisors Lp, a Texas-based fund reported 111,099 shares.

Welch Group Llc decreased Microsoft Corp (NASDAQ:MSFT) stake by 9,600 shares to 286,261 valued at $29.08M in 2018Q4. It also reduced General Mills Inc (NYSE:GIS) stake by 58,922 shares and now owns 425,915 shares. A T & T Inc New (NYSE:T) was reduced too.

Among 7 analysts covering 3M (NYSE:MMM), 3 have Buy rating, 1 Sell and 3 Hold. Therefore 43% are positive. 3M had 12 analyst reports since October 12, 2018 according to SRatingsIntel. Credit Suisse maintained the shares of MMM in report on Wednesday, October 24 with “Outperform” rating. Deutsche Bank maintained 3M Company (NYSE:MMM) rating on Friday, November 16. Deutsche Bank has “Hold” rating and $210 target. Barclays Capital maintained the shares of MMM in report on Monday, November 19 with “Underweight” rating. The rating was maintained by Deutsche Bank on Monday, March 25 with “Hold”. Barclays Capital maintained 3M Company (NYSE:MMM) on Wednesday, April 3 with “Underweight” rating. As per Wednesday, October 24, the company rating was maintained by UBS. As per Friday, March 22, the company rating was maintained by Morgan Stanley. On Thursday, January 3 the stock rating was maintained by Barclays Capital with “Underweight”. The stock of 3M Company (NYSE:MMM) earned “Buy” rating by Citigroup on Wednesday, October 24. The stock has “Underweight” rating by Barclays Capital on Wednesday, October 24.

Investors sentiment decreased to 0.8 in 2018 Q4. Its down 0.23, from 1.03 in 2018Q3. It worsened, as 70 investors sold MMM shares while 588 reduced holdings. 122 funds opened positions while 407 raised stakes. 398.67 million shares or 7.34% more from 371.40 million shares in 2018Q3 were reported. 253,208 are held by Commerce State Bank. Cwm Ltd Liability holds 0.02% or 4,394 shares in its portfolio. Johnson Finance Gp Inc stated it has 15,197 shares or 0.3% of all its holdings. Ami Asset Management stated it has 1.48% of its portfolio in 3M Company (NYSE:MMM). Court Place Advsrs Lc invested 0.12% of its portfolio in 3M Company (NYSE:MMM). Congress Asset Management Ma has invested 0.09% in 3M Company (NYSE:MMM). North Star Asset stated it has 0.55% in 3M Company (NYSE:MMM). Fruth Investment Mngmt reported 9,010 shares. Crawford Inv Counsel Inc holds 170,466 shares or 1.1% of its portfolio. Martin & Inc Tn reported 0.39% stake. Keystone Fin Planning Inc has 0.18% invested in 3M Company (NYSE:MMM). Royal London Asset Management Ltd accumulated 0.4% or 241,014 shares. Inverness Counsel holds 0.11% or 8,917 shares in its portfolio. Moreover, Annex Advisory Services Ltd has 0.04% invested in 3M Company (NYSE:MMM) for 1,245 shares. Exchange Capital Management owns 6,617 shares.

More notable recent 3M Company (NYSE:MMM) news were published by: Investorplace.com which released: “Here’s Where You Buy 3M Stock for Capital Gains – Investorplace.com” on April 09, 2019, also Investorplace.com with their article: “MMM Might Head Lower, But it Has Support at $198 – Investorplace.com” published on April 02, 2019, Fool.com published: “What 3M Management’s Plans Mean for Investors – Motley Fool” on March 12, 2019. More interesting news about 3M Company (NYSE:MMM) were released by: Nasdaq.com and their article: “What 3M’s Big Changes Mean for Investors – Nasdaq” published on April 09, 2019 as well as Investorplace.com‘s news article titled: “8 Risky Stocks to Watch as Earnings Season Kicks Off – Investorplace.com” with publication date: April 08, 2019.

Since October 26, 2018, it had 1 buy, and 10 insider sales for $17.26 million activity. THULIN INGE G sold $2.70 million worth of 3M Company (NYSE:MMM) on Wednesday, January 30. $1.19 million worth of stock was sold by Lindekugel Jon T on Thursday, February 7. 4,681 shares valued at $942,450 were sold by Gangestad Nicholas C on Thursday, February 7. 16,065 shares were sold by Bauman James L, worth $3.22M on Monday, February 11. Bushman Julie L sold $624,295 worth of stock or 3,123 shares. PAGE GREGORY R had bought 1,000 shares worth $184,500 on Friday, October 26. $1.63 million worth of 3M Company (NYSE:MMM) shares were sold by Vrohidis Ippocratis.

Kentucky First Federal Bancorp (NASDAQ:KFFB) Institutional Positions Chart

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Origin Bancorp Inc (OBNK) Stake Boosted by BlackRock Inc.

BlackRock Inc. grew its position in Origin Bancorp Inc (NASDAQ:OBNK) by 7.6% in the 4th quarter, according to its most recent filing with the …

Origin Bancorp logoBlackRock Inc. grew its position in Origin Bancorp Inc (NASDAQ:OBNK) by 7.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,032,328 shares of the company’s stock after buying an additional 73,289 shares during the period. BlackRock Inc. owned approximately 4.37% of Origin Bancorp worth $35,181,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the company. Scott & Selber Inc. acquired a new stake in Origin Bancorp during the 4th quarter worth $232,000. Marshall Wace LLP bought a new stake in shares of Origin Bancorp in the third quarter worth about $1,401,000. Clearbridge Investments LLC increased its holdings in shares of Origin Bancorp by 1,295,490.9% in the third quarter. Clearbridge Investments LLC now owns 142,515 shares of the company’s stock worth $5,366,000 after acquiring an additional 142,504 shares in the last quarter. Vanguard Group Inc raised its position in shares of Origin Bancorp by 141.8% during the third quarter. Vanguard Group Inc now owns 196,943 shares of the company’s stock worth $7,415,000 after purchasing an additional 115,478 shares during the period. Finally, Vanguard Group Inc. raised its position in shares of Origin Bancorp by 141.8% during the third quarter. Vanguard Group Inc. now owns 196,943 shares of the company’s stock worth $7,415,000 after purchasing an additional 115,478 shares during the period. 47.49% of the stock is owned by institutional investors.

Several equities analysts recently issued reports on OBNK shares. Stephens set a $44.00 price objective on Origin Bancorp and gave the company a “buy” rating in a research report on Monday, December 10th. Zacks Investment Research downgraded shares of Origin Bancorp from a “buy” rating to a “hold” rating in a report on Tuesday, January 22nd.

Shares of NASDAQ:OBNK opened at $34.61 on Tuesday. Origin Bancorp Inc has a 12 month low of $27.41 and a 12 month high of $42.31. The company has a current ratio of 1.05, a quick ratio of 1.04 and a debt-to-equity ratio of 0.83. The firm has a market cap of $836.86 million and a P/E ratio of 15.74.

Origin Bancorp (NASDAQ:OBNK) last posted its quarterly earnings data on Wednesday, January 23rd. The company reported $0.55 EPS for the quarter, beating the consensus estimate of $0.54 by $0.01. The business had revenue of $52.65 million for the quarter, compared to analysts’ expectations of $52.09 million. Origin Bancorp had a net margin of 22.50% and a return on equity of 10.51%. Research analysts predict that Origin Bancorp Inc will post 2.49 earnings per share for the current fiscal year.

WARNING: “Origin Bancorp Inc (OBNK) Stake Boosted by BlackRock Inc.” was posted by Fairfield Current and is the property of of Fairfield Current. If you are accessing this report on another publication, it was illegally stolen and republished in violation of United States & international copyright law. The correct version of this report can be accessed at https://www.fairfieldcurrent.com/news/2019/04/09/origin-bancorp-inc-obnk-stake-boosted-by-blackrock-inc.html.

Origin Bancorp Company Profile

Origin Bancorp, Inc operates as the holding company for Origin Bank that provides banking and financial services to small and medium-sized businesses, municipalities, high net worth individuals, and retail clients in Louisiana, Texas, and Mississippi. It accepts noninterest and interest-bearing checking accounts, savings deposits, money market accounts, and time deposits; and offers single and multi-family real estate, residential construction, commercial building, and consumer loans, as well as loans to small and medium-sized businesses.

Further Reading: Why is the LIBOR significant?

Institutional Ownership by Quarter for Origin Bancorp (NASDAQ:OBNK)

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BlackRock Inc. Has $35.73 Million Holdings in Horizon Bancorp Inc (HBNC)

BlackRock Inc. lifted its position in shares of Horizon Bancorp Inc (NASDAQ:HBNC) by 3.1% during the fourth quarter, according to the company in its …

Horizon Bancorp logoBlackRock Inc. lifted its position in shares of Horizon Bancorp Inc (NASDAQ:HBNC) by 3.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,264,359 shares of the financial services provider’s stock after purchasing an additional 68,067 shares during the quarter. BlackRock Inc. owned 5.90% of Horizon Bancorp worth $35,732,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in HBNC. Bank of Montreal Can increased its position in shares of Horizon Bancorp by 1,727.7% in the 4th quarter. Bank of Montreal Can now owns 4,679 shares of the financial services provider’s stock valued at $74,000 after buying an additional 4,423 shares in the last quarter. Capital Asset Advisory Services LLC acquired a new position in Horizon Bancorp in the fourth quarter valued at about $261,000. Paloma Partners Management Co acquired a new position in Horizon Bancorp in the third quarter valued at about $270,000. Citadel Advisors LLC bought a new stake in shares of Horizon Bancorp in the third quarter worth about $377,000. Finally, Prudential Financial Inc. increased its holdings in shares of Horizon Bancorp by 3.3% in the fourth quarter. Prudential Financial Inc. now owns 30,226 shares of the financial services provider’s stock worth $477,000 after acquiring an additional 956 shares in the last quarter. 45.59% of the stock is currently owned by institutional investors.

Several research firms have recently weighed in on HBNC. ValuEngine cut Horizon Bancorp from a “sell” rating to a “strong sell” rating in a report on Friday, March 15th. BidaskClub cut Horizon Bancorp from a “hold” rating to a “sell” rating in a research note on Tuesday, March 19th. Zacks Investment Research cut Horizon Bancorp from a “hold” rating to a “sell” rating in a research note on Wednesday, January 2nd. Finally, Stephens restated a “buy” rating and set a $20.00 target price on shares of Horizon Bancorp in a report on Wednesday, December 19th. Three investment analysts have rated the stock with a sell rating and two have assigned a buy rating to the company’s stock. Horizon Bancorp has a consensus rating of “Hold” and an average target price of $21.00.

Shares of NASDAQ HBNC opened at $16.38 on Tuesday. The firm has a market capitalization of $739.94 million, a P/E ratio of 12.90 and a beta of 1.01. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.98 and a quick ratio of 0.98. Horizon Bancorp Inc has a 1-year low of $14.79 and a 1-year high of $22.13.

Horizon Bancorp (NASDAQ:HBNC) last released its quarterly earnings results on Tuesday, January 29th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.37 by ($0.03). The firm had revenue of $42.31 million during the quarter, compared to analyst estimates of $43.50 million. Horizon Bancorp had a net margin of 26.48% and a return on equity of 10.59%. Sell-side analysts expect that Horizon Bancorp Inc will post 1.56 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 19th. Investors of record on Friday, April 5th will be issued a dividend of $0.10 per share. The ex-dividend date is Thursday, April 4th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.44%. Horizon Bancorp’s payout ratio is presently 31.50%.

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About Horizon Bancorp

Horizon Bancorp, Inc operates as the bank holding company for Horizon Bank that provides commercial and retail banking services. The company offers demand and time deposits. Its loan portfolio comprises commercial, residential real estate, mortgage warehouse, and consumer loans. The company also provides corporate and individual trust and agency, investment management, and real estate investment trust services; and sells various insurance products.

Read More: Stop Order Uses For Individual Investors

Want to see what other hedge funds are holding HBNC?Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Horizon Bancorp Inc (NASDAQ:HBNC).

Institutional Ownership by Quarter for Horizon Bancorp (NASDAQ:HBNC)

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Wall Street Access Asset Management LLC Sells 850 Shares of Northfield Bancorp Inc (NFBK)

Other large investors have also made changes to their positions in the company. Acadian Asset Management LLC bought a new position in Northfield …

Northfield Bancorp logoWall Street Access Asset Management LLC decreased its holdings in Northfield Bancorp Inc (NASDAQ:NFBK) by 2.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,309 shares of the bank’s stock after selling 850 shares during the period. Northfield Bancorp comprises about 0.9% of Wall Street Access Asset Management LLC’s investment portfolio, making the stock its 27th biggest holding. Wall Street Access Asset Management LLC owned 0.08% of Northfield Bancorp worth $559,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Acadian Asset Management LLC bought a new position in Northfield Bancorp in the 4th quarter worth $88,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in Northfield Bancorp in the third quarter worth $179,000. Metropolitan Life Insurance Co. NY lifted its position in Northfield Bancorp by 398.2% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 14,518 shares of the bank’s stock valued at $197,000 after purchasing an additional 11,604 shares during the last quarter. Oregon Public Employees Retirement Fund bought a new stake in shares of Northfield Bancorp in the 4th quarter worth about $243,000. Finally, Magnus Financial Group LLC purchased a new stake in shares of Northfield Bancorp during the 4th quarter valued at about $264,000. 57.02% of the stock is currently owned by hedge funds and other institutional investors.

NFBK opened at $14.23 on Tuesday. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.00 and a quick ratio of 1.00. Northfield Bancorp Inc has a 12 month low of $12.76 and a 12 month high of $17.33. The firm has a market capitalization of $711.27 million, a PE ratio of 18.72, a P/E/G ratio of 2.32 and a beta of 0.58.

Northfield Bancorp (NASDAQ:NFBK) last released its quarterly earnings results on Wednesday, January 30th. The bank reported $0.14 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by ($0.06). Northfield Bancorp had a return on equity of 5.49% and a net margin of 25.79%. The firm had revenue of $28.64 million during the quarter, compared to analysts’ expectations of $30.64 million. Research analysts expect that Northfield Bancorp Inc will post 0.77 earnings per share for the current year.

A number of equities analysts have recently commented on the company. BidaskClub upgraded Northfield Bancorp from a “sell” rating to a “hold” rating in a report on Wednesday, February 20th. Zacks Investment Research lowered Northfield Bancorp from a “hold” rating to a “sell” rating in a research note on Wednesday, February 6th. Finally, ValuEngine upgraded shares of Northfield Bancorp from a “sell” rating to a “hold” rating in a report on Tuesday, December 11th. Two research analysts have rated the stock with a sell rating and two have given a hold rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $18.00.

In other news, Director Gil Chapman sold 8,000 shares of the company’s stock in a transaction on Wednesday, February 6th. The shares were sold at an average price of $14.58, for a total value of $116,640.00. Following the sale, the director now directly owns 57,397 shares of the company’s stock, valued at approximately $836,848.26. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Kenneth J. Doherty sold 10,000 shares of the firm’s stock in a transaction dated Monday, March 18th. The stock was sold at an average price of $14.56, for a total value of $145,600.00. The disclosure for this sale can be found here. Insiders have sold a total of 23,000 shares of company stock worth $335,240 in the last 90 days. 9.20% of the stock is currently owned by company insiders.

WARNING: This story was published by Modern Readers and is owned by of Modern Readers. If you are viewing this story on another site, it was illegally stolen and republished in violation of international copyright & trademark laws. The legal version of this story can be viewed at https://www.modernreaders.com/news/2019/04/09/wall-street-access-asset-management-llc-reduces-stake-in-northfield-bancorp-inc-nfbk.html.

About Northfield Bancorp

Northfield Bancorp, Inc (Staten Island, NY) 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.

Further Reading: Swap

Institutional Ownership by Quarter for Northfield Bancorp (NASDAQ:NFBK)

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