Columbia Financial, Inc. (NASDAQ:CLBK - Get Free Report) Director Noel R. Holland sold 10,000 shares of the stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $17.06, for a total value of $170,600.00. Following the sale, the director now directly owns 30,501 shares in the company, valued at $520,347.06. This trade represents a 24.69 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Columbia Financial Stock Performance
NASDAQ CLBK opened at $17.11 on Friday. The company's 50 day simple moving average is $17.54 and its two-hundred day simple moving average is $16.65. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.99 and a quick ratio of 0.99. Columbia Financial, Inc. has a 1 year low of $13.79 and a 1 year high of $20.46. The stock has a market capitalization of $1.79 billion, a PE ratio of 114.07 and a beta of 0.19.
Columbia Financial (NASDAQ:CLBK - Get Free Report) last issued its quarterly earnings data on Thursday, October 24th. The company reported $0.06 EPS for the quarter, hitting the consensus estimate of $0.06. Columbia Financial had a return on equity of 2.09% and a net margin of 3.35%. The company had revenue of $124.87 million during the quarter, compared to analyst estimates of $54.95 million. Analysts predict that Columbia Financial, Inc. will post 0.17 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Columbia Financial
Media Humiliated: Demo of Elon’s Tech Proves They’re Wrong
From Brownstone Research | Ad
Elon Musk believes his new AI product will be worth an incredible $9 trillion.
But the mainstream media is not buying it.
Click here to watch this demo and decide for yourself.
A number of large investors have recently modified their holdings of the company. Blue Trust Inc. bought a new position in shares of Columbia Financial in the third quarter worth approximately $33,000. Quest Partners LLC boosted its position in Columbia Financial by 6,151.2% during the 2nd quarter. Quest Partners LLC now owns 5,376 shares of the company's stock valued at $80,000 after buying an additional 5,290 shares during the period. FMR LLC grew its holdings in Columbia Financial by 214.8% in the 3rd quarter. FMR LLC now owns 6,747 shares of the company's stock worth $115,000 after acquiring an additional 4,604 shares during the last quarter. SG Americas Securities LLC purchased a new position in shares of Columbia Financial in the second quarter valued at about $126,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Columbia Financial by 20.9% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,699 shares of the company's stock valued at $160,000 after acquiring an additional 1,848 shares during the last quarter. 12.72% of the stock is owned by hedge funds and other institutional investors.
Columbia Financial Company Profile
(
Get Free Report)
Columbia Financial, Inc, a bank holding company, provides various financial services to businesses and consumers in the United States. Its deposit products include checking, interest-earning checking products and municipal, savings and club deposits, and money market accounts, as well as certificates of deposit.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
