Columbia Financial Inc (NASDAQ:CLBK) Director Elizabeth E. Randall acquired 5,975 shares of the company’s stock in a transaction dated Wednesday, December 11th. The stock was acquired at an average price of $16.85 per share, with a total value of $100,678.75.
Shares of CLBK stock traded down $0.02 during mid-day trading on Friday, reaching $16.89. The company’s stock had a trading volume of 18,966 shares, compared to its average volume of 143,626. Columbia Financial Inc has a 1-year low of $14.25 and a 1-year high of $17.10. The company has a market cap of $1.91 billion, a P/E ratio of 33.50 and a beta of 0.47. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.05 and a current ratio of 1.05. The firm’s 50-day moving average is $16.58 and its two-hundred day moving average is $15.68.
Columbia Financial (NASDAQ:CLBK) last announced its quarterly earnings data on Thursday, October 24th. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.04. Columbia Financial had a net margin of 19.93% and a return on equity of 5.62%. The company had revenue of $51.83 million during the quarter.
Hedge funds have recently made changes to their positions in the company. Bank of Montreal Can raised its stake in shares of Columbia Financial by 971.5% in the 2nd quarter. Bank of Montreal Can now owns 4,404 shares of the company’s stock valued at $67,000 after buying an additional 3,993 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Columbia Financial by 42.0% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,421 shares of the company’s stock worth $70,000 after purchasing an additional 1,307 shares during the last quarter. D. E. Shaw & Co. Inc. bought a new stake in shares of Columbia Financial in the 2nd quarter worth about $185,000. Skandinaviska Enskilda Banken AB publ bought a new stake in shares of Columbia Financial in the 2nd quarter worth about $220,000. Finally, Oppenheimer Asset Management Inc. grew its holdings in shares of Columbia Financial by 127.1% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 18,787 shares of the company’s stock worth $284,000 after purchasing an additional 10,513 shares during the last quarter. Institutional investors own 16.94% of the company’s stock.
Columbia Financial Company Profile
Columbia Financial, Inc operates as the bank holding company for Columbia Bank that provides financial services to businesses and consumers in the United States. The company offers non-interest bearing demand deposits, such as individual checking and commercial checking accounts; interest-bearing demand accounts comprising interest earning checking accounts and municipal accounts; and savings and club accounts, money market accounts, and certificates of deposit.
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