1 week Ago By Defense World Staff
Geode Capital Management LLC increased its holdings in shares of BCB Bancorp, Inc. ( NASDAQ:BCBP – Free Report ) by 0.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC).
The firm owned 369,315 shares of the bank’s stock after acquiring an additional 1,912 shares during the period. Geode Capital Management LLC owned approximately 2.17% of BCB Bancorp worth $4,373,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of the business. Jane Street Group LLC lifted its position in shares of BCB Bancorp by 5.1% during the 3rd quarter.
Jane Street Group LLC now owns 15,669 shares of the bank’s stock valued at $193,000 after acquiring an additional 767 shares during the period. Barclays PLC raised its stake in shares of BCB Bancorp by 235.3% during the 3rd quarter.
Barclays PLC now owns 22,375 shares of the bank’s stock worth $277,000 after buying an additional 15,702 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its position in shares of BCB Bancorp by 64.5% in the 4th quarter.
Arrowstreet Capital Limited Partnership now owns 23,792 shares of the bank’s stock worth $282,000 after buying an additional 9,332 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of BCB Bancorp by 6.
4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 43,673 shares of the bank’s stock worth $517,000 after buying an additional 2,631 shares in the last quarter.
Finally, JPMorgan Chase & Co. grew its stake in BCB Bancorp by 345.4% in the 3rd quarter.
JPMorgan Chase & Co. now owns 59,707 shares of the bank’s stock valued at $737,000 after acquiring an additional 46,302 shares during the last quarter. Hedge funds and other institutional investors own 36.
00% of the company’s stock. Analyst Upgrades and Downgrades A number of brokerages have issued reports on BCBP. Keefe, Bruyette & Woods cut their target price on shares of BCB Bancorp from $12.
50 to $10.50 and set a “market perform” rating for the company in a research report on Thursday. Piper Sandler cut their price objective on BCB Bancorp from $14.
00 to $13.00 and set a “neutral” rating for the company in a research report on Thursday, January 30th. BCB Bancorp Trading Down 3.
8 % BCB Bancorp stock opened at $8.46 on Friday. The stock has a 50-day moving average price of $9.
68 and a 200 day moving average price of $11.23. BCB Bancorp, Inc.
has a 52 week low of $8.41 and a 52 week high of $14.04.
The stock has a market cap of $145.20 million, a PE ratio of 8.63 and a beta of 0.
57. The company has a current ratio of 1.23, a quick ratio of 1.
23 and a debt-to-equity ratio of 1.79. BCB Bancorp ( NASDAQ:BCBP – Get Free Report ) last issued its quarterly 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). The firm had revenue of $23.80 million for the quarter, compared to analysts’ expectations of $24.
28 million. BCB Bancorp had a return on equity of 6.33% and a net margin of 9.
46%. Equities research analysts predict that BCB Bancorp, Inc. will post 1.
24 earnings per share for the current fiscal year. BCB Bancorp Announces Dividend The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 21st. Shareholders of record on Wednesday, May 7th will be paid a dividend of $0.
16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 7.
57%. The ex-dividend date is Wednesday, May 7th. BCB Bancorp’s dividend payout ratio is presently 426.
67%. About BCB Bancorp ( Free Report ) 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.
Read More Five stocks we like better than BCB Bancorp What is a Dividend Harvesting Strategy and How Can Investors Profit from it? Markets Think Robinhood Earnings Could Send the Stock Up What Are the U.K. Market Holidays? How to Invest and Trade Churchill Downs Stock: Could Tariff Fears Dampen Derby Gains? Insider Buying Explained: What Investors Need to Know AT&T: Subscriber Growth & Buybacks Signal Bullish Turnaround Want to see what other hedge funds are holding BCBP? Visit HoldingsChannel.
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