Wilmington Savings Fund Society FSB Acquires New Position in Columbia Financial, Inc. (NASDAQ:CLBK)

Wilmington Savings Fund Society FSB acquired a new stake in shares of Columbia Financial, Inc. (NASDAQ:CLBK) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 17,577 shares of the company’s stock, valued at approximately $300,000.

A number of other large investors also recently bought and sold shares of CLBK. Edgestream Partners L.P. purchased a new position in Columbia Financial during the second quarter worth approximately $1,659,000. Dimensional Fund Advisors LP raised its stake in Columbia Financial by 2.7% during the second quarter. Dimensional Fund Advisors LP now owns 1,765,900 shares of the company’s stock worth $26,433,000 after purchasing an additional 46,813 shares during the period. Barclays PLC raised its stake in Columbia Financial by 132.1% during the third quarter. Barclays PLC now owns 49,452 shares of the company’s stock worth $844,000 after purchasing an additional 28,147 shares during the period. Jane Street Group LLC increased its position in shares of Columbia Financial by 36.9% in the third quarter. Jane Street Group LLC now owns 45,630 shares of the company’s stock worth $779,000 after acquiring an additional 12,291 shares in the last quarter. Finally, Marshall Wace LLP acquired a new stake in shares of Columbia Financial in the second quarter worth $162,000. Hedge funds and other institutional investors own 12.72% of the company’s stock.

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 transaction of $170,600.00. Following the completion of the sale, the director now directly owns 30,501 shares of the company’s stock, valued at approximately $520,347.06. This trade represents a 24.69 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 3.38% of the company’s stock.

Columbia Financial Price Performance

Columbia Financial stock opened at $16.64 on Wednesday. Columbia Financial, Inc. has a 52-week low of $13.79 and a 52-week high of $20.46. The firm has a fifty day moving average of $17.60 and a 200-day moving average of $16.73. The firm has a market capitalization of $1.74 billion, a P/E ratio of 110.93 and a beta of 0.19. 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 (NASDAQ:CLBK) last released its quarterly earnings data on Thursday, October 24th. The company reported $0.06 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.06. The company had revenue of $124.87 million during the quarter, compared to analyst estimates of $54.95 million. Columbia Financial had a net margin of 3.35% and a return on equity of 2.09%. As a group, analysts predict that Columbia Financial, Inc. will post 0.17 EPS for the current 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.