Columbia Financial Inc (NASDAQ:CLBK) EVP Allyson Katz Schlesinger acquired 4,876 shares of Columbia Financial stock in a transaction that occurred on Thursday, November 1st. The stock was acquired at an average cost of $15.39 per share, with a total value of $75,041.64. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Shares of CLBK stock opened at $15.58 on Monday. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.07 and a quick ratio of 1.07. Columbia Financial Inc has a 12-month low of $14.01 and a 12-month high of $17.73.
Separately, Sandler O’Neill raised Columbia Financial from a “hold” rating to a “buy” rating in a research report on Tuesday, October 16th.
Several hedge funds have recently modified their holdings of CLBK. SG Americas Securities LLC acquired a new position in shares of Columbia Financial during the second quarter worth $106,000. Legal & General Group Plc acquired a new position in shares of Columbia Financial during the second quarter worth $122,000. Bank of America Corp DE acquired a new position in shares of Columbia Financial during the second quarter worth $130,000. Voya Investment Management LLC acquired a new position in shares of Columbia Financial during the second quarter worth $168,000. Finally, Janney Montgomery Scott LLC acquired a new position in shares of Columbia Financial during the second quarter worth $190,000. 11.92% of the stock is currently owned by institutional investors and hedge funds.
About Columbia Financial
Columbia Financial, Inc operates as a bank holding company for Columbia Bank that provides banking products and services in the United States. The company offers non-interest bearing demand deposits, such as individual checking and commercial checking accounts; interest-bearing demand accounts comprising interest checking accounts and municipal accounts; and savings accounts, money market accounts, and certificates of deposit.
Further Reading: What is a stock split?
Receive News & Ratings for Columbia Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Columbia Financial and related companies with MarketBeat.com's FREE daily email newsletter.