1,781 Shares in NB Bancorp, Inc. (NASDAQ:NBBK) Bought by Quarry LP

Quarry LP bought a new stake in shares of NB Bancorp, Inc. (NASDAQ:NBBK) in the third quarter, Holdings Channel reports. The fund bought 1,781 shares of the company’s stock, valued at approximately $33,000.

Other institutional investors have also recently modified their holdings of the company. nVerses Capital LLC bought a new stake in NB Bancorp in the 2nd quarter worth about $26,000. Fairfield Financial Advisors LTD bought a new position in shares of NB Bancorp during the 2nd quarter valued at approximately $30,000. Acadian Asset Management LLC purchased a new position in shares of NB Bancorp during the 2nd quarter valued at $95,000. International Assets Investment Management LLC purchased a new position in shares of NB Bancorp in the second quarter valued at about $104,000. Finally, Centiva Capital LP bought a new position in NB Bancorp in the 3rd quarter worth approximately $213,000.

NB Bancorp Stock Performance

Shares of NB Bancorp stock opened at $20.53 on Thursday. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.16. The stock has a 50 day moving average price of $19.25 and a 200-day moving average price of $17.71. NB Bancorp, Inc. has a one year low of $13.10 and a one year high of $21.05.

Wall Street Analyst Weigh In

Separately, Piper Sandler lifted their target price on NB Bancorp from $21.00 to $22.00 and gave the stock an “overweight” rating in a report on Thursday, October 31st.

NB Bancorp Company Profile

NB Bancorp, Inc focuses on operating as a bank holding company for Needham Bank that provides various banking products and services in Greater Boston metropolitan area and surrounding communities in Massachusetts, eastern Connecticut, southern New Hampshire, and Rhode Island. The company offers various deposits, including certificate of deposit, individual retirement, money market, savings, NOW, demand deposit, and interest-bearing and noninterest-bearing checking accounts; and commercial real estate and multifamily, one- to four-family residential real estate, construction and land development, commercial and industrial, and consumer loans, as well as home equity loans and lines of credit.