Strategic Advisors LLC Buys Shares of 10,459 Columbia Financial, Inc. (NASDAQ:CLBK)

Strategic Advisors LLC acquired a new position in shares of Columbia Financial, Inc. (NASDAQ:CLBK) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,459 shares of the company’s stock, valued at approximately $165,000.

Other large investors also recently made changes to their positions in the company. Blue Trust Inc. bought a new stake in shares of Columbia Financial during the third quarter worth $33,000. FMR LLC increased its position in shares of Columbia Financial by 214.8% during the third quarter. FMR LLC now owns 6,747 shares of the company’s stock worth $115,000 after acquiring an additional 4,604 shares in the last quarter. SG Americas Securities LLC increased its position in shares of Columbia Financial by 64.0% during the third quarter. SG Americas Securities LLC now owns 13,765 shares of the company’s stock worth $235,000 after acquiring an additional 5,374 shares in the last quarter. BNP Paribas Financial Markets increased its position in shares of Columbia Financial by 146.0% during the third quarter. BNP Paribas Financial Markets now owns 15,796 shares of the company’s stock worth $270,000 after acquiring an additional 9,374 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of Columbia Financial during the third quarter worth $300,000. Institutional investors own 12.72% of the company’s stock.

Columbia Financial Stock Down 1.1 %

Shares of CLBK stock opened at $15.93 on Tuesday. The firm has a fifty day moving average of $15.87 and a 200-day moving average of $16.82. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.32. Columbia Financial, Inc. has a 12-month low of $13.79 and a 12-month high of $19.28. The company has a market capitalization of $1.67 billion, a price-to-earnings ratio of -132.75 and a beta of 0.21.

Columbia Financial (NASDAQ:CLBK) last released its earnings results on Tuesday, January 28th. The company reported $0.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.04. Columbia Financial had a negative net margin of 2.39% and a positive return on equity of 2.20%. As a group, equities research analysts predict that Columbia Financial, Inc. will post 0.43 earnings per share for the current fiscal year.

Insider Activity at Columbia Financial

In related news, Director Noel R. Holland sold 10,000 shares of the firm’s stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $17.06, for a total value of $170,600.00. Following the completion of the transaction, the director now owns 30,501 shares of the company’s stock, valued at approximately $520,347.06. This trade represents a 24.69 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 3.38% of the stock is owned by insiders.

Columbia Financial Company Profile

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.