Columbia Financial Inc (NASDAQ:CLBK) Holdings Cut by Vanguard Group Inc.

Share on StockTwits

Vanguard Group Inc. decreased its stake in Columbia Financial Inc (NASDAQ:CLBK) by 1.1% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,107,442 shares of the company’s stock after selling 47,003 shares during the quarter. Vanguard Group Inc. owned approximately 3.54% of Columbia Financial worth $62,022,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bank of Montreal Can increased its stake in shares of Columbia Financial by 971.5% during the 2nd quarter. Bank of Montreal Can now owns 4,404 shares of the company’s stock worth $67,000 after purchasing an additional 3,993 shares during the last quarter. Skandinaviska Enskilda Banken AB publ acquired a new position in shares of Columbia Financial during the 2nd quarter worth $220,000. Raymond James Trust N.A. acquired a new position in shares of Columbia Financial during the 2nd quarter worth $221,000. Oppenheimer Asset Management Inc. increased its stake in shares of Columbia Financial by 127.1% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 18,787 shares of the company’s stock worth $284,000 after purchasing an additional 10,513 shares during the last quarter. Finally, Virginia Retirement Systems ET AL increased its stake in shares of Columbia Financial by 48.6% during the 2nd quarter. Virginia Retirement Systems ET AL now owns 41,000 shares of the company’s stock worth $619,000 after purchasing an additional 13,400 shares during the last quarter. Institutional investors own 15.16% of the company’s stock.

Shares of CLBK opened at $15.87 on Friday. The company’s fifty day moving average is $15.55 and its 200-day moving average is $15.41. Columbia Financial Inc has a 12 month low of $14.25 and a 12 month high of $16.13. The firm has a market cap of $1.85 billion, a price-to-earnings ratio of 33.77 and a beta of 0.46. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 1.15.

Columbia Financial (NASDAQ:CLBK) last announced its quarterly earnings results on Wednesday, July 24th. The company reported $0.11 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.12 by ($0.01). Columbia Financial had a return on equity of 5.31% and a net margin of 19.53%. The business had revenue of $47.62 million for the quarter.

Columbia Financial Profile

Columbia Financial, Inc operates as the bank holding company for Columbia Bank that provides financial services to businesses and consumers 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 earning checking accounts and municipal accounts; and savings and club accounts, money market accounts, and certificates of deposit.

Featured Article: What is a dead cat bounce?

Institutional Ownership by Quarter for Columbia Financial (NASDAQ:CLBK)

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.



Latest News

LIQUEFIED NAT G/S  Share Price Passes Below 50 Day Moving Average of $0.58
LIQUEFIED NAT G/S Share Price Passes Below 50 Day Moving Average of $0.58
Two Harbors Investment  Reaches New 12-Month High at $14.75
Two Harbors Investment Reaches New 12-Month High at $14.75
ASTELLAS PHARMA/ADR  Reaches New 52-Week High at $17.41
ASTELLAS PHARMA/ADR Reaches New 52-Week High at $17.41
Univar  Sees Unusually-High Trading Volume
Univar Sees Unusually-High Trading Volume
KION GRP AG/ADR  Reaches New 52-Week High at $17.42
KION GRP AG/ADR Reaches New 52-Week High at $17.42
U.S. Physical Therapy  Lowered to “Sell” at Zacks Investment Research
U.S. Physical Therapy Lowered to “Sell” at Zacks Investment Research


© 2006-2019 Ticker Report