Driehaus Capital Management LLC decreased its holdings in shares of Clifton Bancorp Inc. (NASDAQ:CSBK) by 64.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 54,575 shares of the savings and loans company’s stock after selling 97,100 shares during the quarter. Driehaus Capital Management LLC owned about 0.25% of Clifton Bancorp worth $933,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also bought and sold shares of the company. Amundi Pioneer Asset Management Inc. acquired a new position in shares of Clifton Bancorp during the 4th quarter valued at $120,000. GSA Capital Partners LLP lifted its holdings in Clifton Bancorp by 21.8% in the 3rd quarter. GSA Capital Partners LLP now owns 17,518 shares of the savings and loans company’s stock worth $293,000 after buying an additional 3,132 shares in the last quarter. Goldman Sachs Group Inc. acquired a new position in Clifton Bancorp in the 2nd quarter worth $397,000. Chicago Capital Management LLC acquired a new position in Clifton Bancorp in the 4th quarter worth $444,000. Finally, Kassirer Asset Management Corp acquired a new position in Clifton Bancorp in the 4th quarter worth $532,000. Institutional investors and hedge funds own 58.80% of the company’s stock.
Clifton Bancorp Inc. (NASDAQ CSBK) opened at $15.70 on Thursday. Clifton Bancorp Inc. has a 1-year low of $15.20 and a 1-year high of $17.94. The company has a debt-to-equity ratio of 1.53, a current ratio of 1.32 and a quick ratio of 1.32. The company has a market cap of $351.60, a price-to-earnings ratio of 46.79 and a beta of 0.37.
Clifton Bancorp (NASDAQ:CSBK) last issued its quarterly earnings data on Friday, February 2nd. The savings and loans company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.01. Clifton Bancorp had a net margin of 9.23% and a return on equity of 2.44%. The firm had revenue of $8.56 million for the quarter.
The company also recently disclosed a quarterly dividend, which was paid on Friday, March 2nd. Shareholders of record on Friday, February 16th were issued a $0.06 dividend. The ex-dividend date was Thursday, February 15th. This represents a $0.24 dividend on an annualized basis and a yield of 1.53%. Clifton Bancorp’s dividend payout ratio is currently 109.10%.
CSBK has been the topic of a number of recent analyst reports. BidaskClub upgraded shares of Clifton Bancorp from a “strong sell” rating to a “sell” rating in a report on Saturday, February 10th. TheStreet lowered shares of Clifton Bancorp from a “b-” rating to a “c+” rating in a report on Wednesday, February 14th.
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Clifton Bancorp Company 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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