Clifton Bancorp Inc. (CSBK) Shares Sold by New York State Common Retirement Fund

New York State Common Retirement Fund decreased its stake in Clifton Bancorp Inc. (NASDAQ:CSBK) by 4.4% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 23,700 shares of the savings and loans company’s stock after selling 1,101 shares during the quarter. New York State Common Retirement Fund owned approximately 0.11% of Clifton Bancorp worth $392,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in CSBK. Foundry Partners LLC lifted its position in Clifton Bancorp by 89.4% in the 2nd quarter. Foundry Partners LLC now owns 296,972 shares of the savings and loans company’s stock worth $4,909,000 after buying an additional 140,216 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in Clifton Bancorp by 6.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,203,843 shares of the savings and loans company’s stock worth $19,490,000 after buying an additional 71,749 shares in the last quarter. Vanguard Group Inc. lifted its position in Clifton Bancorp by 7.9% in the 1st quarter. Vanguard Group Inc. now owns 958,207 shares of the savings and loans company’s stock worth $15,513,000 after buying an additional 70,207 shares in the last quarter. Aperio Group LLC lifted its position in Clifton Bancorp by 83.7% in the 2nd quarter. Aperio Group LLC now owns 30,724 shares of the savings and loans company’s stock worth $508,000 after buying an additional 14,002 shares in the last quarter. Finally, Los Angeles Capital Management & Equity Research Inc. lifted its position in Clifton Bancorp by 73.3% in the 2nd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 26,724 shares of the savings and loans company’s stock worth $442,000 after buying an additional 11,300 shares in the last quarter. Institutional investors own 61.90% of the company’s stock.

TRADEMARK VIOLATION NOTICE: This story was first posted by Markets Daily and is the property of of Markets Daily. If you are reading this story on another website, it was illegally stolen and republished in violation of U.S. and international copyright & trademark legislation. The original version of this story can be viewed at https://www.themarketsdaily.com/2017/11/16/clifton-bancorp-inc-csbk-shares-sold-by-new-york-state-common-retirement-fund.html.

CSBK has been the subject of a number of research analyst reports. Compass Point upgraded shares of Clifton Bancorp from a “neutral” rating to a “buy” rating and set a $17.00 target price for the company in a research report on Friday, August 25th. BidaskClub upgraded shares of Clifton Bancorp from a “hold” rating to a “buy” rating in a research report on Thursday, August 3rd.

In other news, Director Charles J. Pivirotto sold 46,675 shares of the firm’s stock in a transaction on Friday, August 25th. The shares were sold at an average price of $15.54, for a total transaction of $725,329.50. Following the transaction, the director now owns 32,434 shares in the company, valued at approximately $504,024.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Charles J. Pivirotto sold 24,778 shares of the firm’s stock in a transaction on Wednesday, August 23rd. The shares were sold at an average price of $15.56, for a total transaction of $385,545.68. Following the transaction, the director now owns 21,164 shares in the company, valued at approximately $329,311.84. The disclosure for this sale can be found here. 6.30% of the stock is currently owned by company insiders.

Clifton Bancorp Inc. (NASDAQ CSBK) opened at $16.99 on Thursday. The firm has a market cap of $377.31, a price-to-earnings ratio of 57.00 and a beta of 0.40. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.27 and a current ratio of 1.27. Clifton Bancorp Inc. has a twelve month low of $15.21 and a twelve month high of $17.70.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Friday, November 17th will be issued a dividend of $0.06 per share. The ex-dividend date is Thursday, November 16th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.41%. Clifton Bancorp’s dividend payout ratio is currently 80.00%.

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.

Institutional Ownership by Quarter for Clifton Bancorp (NASDAQ:CSBK)

Receive News & Ratings for Clifton Bancorp Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clifton Bancorp Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply