Rhumbline Advisers reduced its position in Clifton Bancorp Inc. (NASDAQ:CSBK) by 13.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,725 shares of the savings and loans company’s stock after selling 3,788 shares during the period. Rhumbline Advisers owned about 0.11% of Clifton Bancorp worth $423,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. SG Americas Securities LLC purchased a new stake in Clifton Bancorp in the 4th quarter worth $728,000. Dimensional Fund Advisors LP increased its holdings in Clifton Bancorp by 3.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,341,986 shares of the savings and loans company’s stock worth $22,438,000 after acquiring an additional 42,525 shares in the last quarter. Hudson Capital Management LLC purchased a new stake in Clifton Bancorp in the 4th quarter worth $672,000. Kassirer Asset Management Corp purchased a new stake in Clifton Bancorp in the 4th quarter worth $532,000. Finally, Chicago Capital Management LLC purchased a new stake in Clifton Bancorp in the 4th quarter worth $444,000. Hedge funds and other institutional investors own 58.73% of the company’s stock.
CSBK has been the subject of several recent analyst reports. BidaskClub raised shares of Clifton Bancorp from a “sell” rating to a “hold” rating in a report on Monday, March 26th. TheStreet lowered shares of Clifton Bancorp from a “b-” rating to a “c+” rating in a report on Wednesday, February 14th.
Shares of NASDAQ CSBK opened at $15.65 on Friday. The firm has a market capitalization of $345.85, a P/E ratio of 46.03 and a beta of 0.30. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 1.53. Clifton Bancorp Inc. has a one year low of $15.20 and a one year high of $17.94.
Clifton Bancorp (NASDAQ:CSBK) last issued its quarterly earnings results on Friday, February 2nd. The savings and loans company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.09 by $0.01. Clifton Bancorp had a net margin of 9.23% and a return on equity of 2.44%. The company had revenue of $8.56 million during the quarter.
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Clifton Bancorp Profile
Clifton Bancorp Inc, formerly Clifton Savings Bancorp, Inc, is a savings and loan holding company that operates through its subsidiary, Clifton Savings Bank (Clifton Savings). Clifton Savings is a federally chartered savings bank. Clifton Savings operate as a community-oriented financial institution offering traditional financial services to consumers and businesses in the market area.
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