BCB Bancorp, Inc. (NJ) (NASDAQ:BCBP) Director Acquires $15,400.00 in Stock

BCB Bancorp, Inc. (NJ) (NASDAQ:BCBP) Director James G. Rizzo purchased 2,000 shares of the company’s stock in a transaction that occurred on Friday, June 13th. The shares were acquired at an average cost of $7.70 per share, for a total transaction of $15,400.00. Following the completion of the transaction, the director now directly owns 62,708 shares of the company’s stock, valued at $482,851.60. This trade represents a 3.29% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link.

BCB Bancorp, Inc. (NJ) Stock Performance

Shares of NASDAQ BCBP opened at $7.80 on Thursday. The business’s 50-day moving average price is $8.37 and its two-hundred day moving average price is $10.04. The company has a debt-to-equity ratio of 1.55, a current ratio of 1.19 and a quick ratio of 1.19. BCB Bancorp, Inc. has a one year low of $7.54 and a one year high of $14.04. The company has a market capitalization of $133.85 million, a P/E ratio of 52.00 and a beta of 0.70.

BCB Bancorp, Inc. (NJ) (NASDAQ:BCBP) last issued its earnings results on Tuesday, April 22nd. The bank reported ($0.51) EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.74). BCB Bancorp, Inc. (NJ) had a net margin of 2.31% and a return on equity of 1.50%. The firm had revenue of $23.80 million during the quarter, compared to analysts’ expectations of $24.28 million. Analysts anticipate that BCB Bancorp, Inc. will post 1.24 earnings per share for the current fiscal year.

BCB Bancorp, Inc. (NJ) Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 21st. Shareholders of record on Wednesday, May 7th were paid a $0.16 dividend. The ex-dividend date was Wednesday, May 7th. This represents a $0.64 dividend on an annualized basis and a yield of 8.21%. BCB Bancorp, Inc. (NJ)’s dividend payout ratio (DPR) is currently 426.67%.

Institutional Trading of BCB Bancorp, Inc. (NJ)

Several large investors have recently made changes to their positions in the stock. Strs Ohio bought a new stake in shares of BCB Bancorp, Inc. (NJ) during the 1st quarter worth about $477,000. Jane Street Group LLC bought a new stake in shares of BCB Bancorp, Inc. (NJ) during the 1st quarter worth about $146,000. Empowered Funds LLC boosted its stake in shares of BCB Bancorp, Inc. (NJ) by 3.9% during the 1st quarter. Empowered Funds LLC now owns 62,609 shares of the bank’s stock worth $617,000 after acquiring an additional 2,365 shares in the last quarter. Trexquant Investment LP boosted its stake in shares of BCB Bancorp, Inc. (NJ) by 46.3% during the 1st quarter. Trexquant Investment LP now owns 20,798 shares of the bank’s stock worth $205,000 after acquiring an additional 6,582 shares in the last quarter. Finally, Hsbc Holdings PLC bought a new stake in BCB Bancorp, Inc. (NJ) during the 1st quarter valued at approximately $125,000. Institutional investors own 36.00% of the company’s stock.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods dropped their price target on BCB Bancorp, Inc. (NJ) from $12.50 to $10.50 and set a “market perform” rating on the stock in a research report on Thursday, April 24th.

BCB Bancorp, Inc. (NJ) Company Profile

BCB Bancorp, Inc operates as a bank holding company for BCB Community Bank that engages in the provision of banking products and services to businesses and individuals in the United States. The company offers insured deposit products, including savings and club accounts, interest and non-interest-bearing demand accounts, money market accounts, certificates of deposit, and individual retirement accounts.