SG Americas Securities LLC Grows Stock Holdings in Columbia Financial, Inc. (NASDAQ:CLBK)

SG Americas Securities LLC lifted its position in shares of Columbia Financial, Inc. (NASDAQ:CLBK) by 9.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,106 shares of the company’s stock after purchasing an additional 1,341 shares during the period. SG Americas Securities LLC’s holdings in Columbia Financial were worth $239,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Blue Trust Inc. bought a new position in Columbia Financial in the 3rd 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 valued at $115,000 after buying an additional 4,604 shares during the period. 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 valued at $270,000 after buying an additional 9,374 shares during the period. JPMorgan Chase & Co. raised its stake in Columbia Financial by 43.3% in the third quarter. JPMorgan Chase & Co. now owns 31,961 shares of the company’s stock worth $546,000 after buying an additional 9,663 shares in the last quarter. Finally, Creative Planning lifted its holdings in Columbia Financial by 58.9% in the third quarter. Creative Planning now owns 27,715 shares of the company’s stock worth $473,000 after buying an additional 10,270 shares during the period. 12.72% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Noel R. Holland sold 10,000 shares of Columbia Financial stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $17.06, for a total transaction of $170,600.00. Following the completion of the transaction, the director now directly owns 30,501 shares in the company, 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 the SEC website. Company insiders own 3.38% of the company’s stock.

Columbia Financial Stock Up 4.6 %

CLBK stock opened at $16.27 on Friday. Columbia Financial, Inc. has a fifty-two week low of $13.79 and a fifty-two week high of $19.28. The company has a market capitalization of $1.70 billion, a price-to-earnings ratio of -135.58 and a beta of 0.21. The business’s 50 day moving average price is $16.14 and its two-hundred day moving average price is $16.91. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.99 and a current ratio of 0.99.

Columbia Financial (NASDAQ:CLBK) last released its quarterly earnings results on Tuesday, January 28th. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.04. Columbia Financial had a positive return on equity of 2.20% and a negative net margin of 2.39%. As a group, analysts forecast that Columbia Financial, Inc. will post 0.44 earnings per share for the current fiscal year.

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.