9 hours Ago By ABMN Staff
Geode Capital Management LLC increased its stake in BCB Bancorp, Inc. ( NASDAQ:BCBP – Free Report ) by 0.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC.
The fund owned 369,315 shares of the bank’s stock after acquiring an additional 1,912 shares during the period. Geode Capital Management LLC’s holdings in BCB Bancorp were worth $4,373,000 as of its most recent SEC filing. A number of other institutional investors have also recently bought and sold shares of BCBP.
Jane Street Group LLC increased its position in BCB Bancorp by 5.1% during the third quarter. Jane Street Group LLC now owns 15,669 shares of the bank’s stock worth $193,000 after purchasing an additional 767 shares during the last quarter.
Barclays PLC grew its stake in shares of BCB Bancorp by 235.3% during the 3rd quarter. Barclays PLC now owns 22,375 shares of the bank’s stock valued at $277,000 after buying an additional 15,702 shares during the period.
Arrowstreet Capital Limited Partnership increased its holdings in shares of BCB Bancorp by 64.5% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 23,792 shares of the bank’s stock worth $282,000 after buying an additional 9,332 shares during the last quarter.
Charles Schwab Investment Management Inc. raised its position in shares of BCB Bancorp by 6.4% in the 4th quarter.
Charles Schwab Investment Management Inc. now owns 43,673 shares of the bank’s stock worth $517,000 after buying an additional 2,631 shares during the period. Finally, JPMorgan Chase & Co.
boosted its holdings in BCB Bancorp by 345.4% in the third quarter. JPMorgan Chase & Co.
now owns 59,707 shares of the bank’s stock valued at $737,000 after acquiring an additional 46,302 shares during the last quarter. 36.00% of the stock is currently owned by hedge funds and other institutional investors.
BCB Bancorp Stock Down 3.8 % NASDAQ:BCBP opened at $8.46 on Friday.
The company has a market capitalization of $145.20 million, a price-to-earnings ratio of 8.63 and a beta of 0.
57. The stock has a 50-day simple moving average of $9.68 and a 200 day simple moving average of $11.
23. The company has a debt-to-equity ratio of 1.79, a quick ratio of 1.
23 and a current ratio of 1.23. BCB Bancorp, Inc.
has a one year low of $8.41 and a one year high of $14.04.
BCB Bancorp Announces Dividend The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 21st. Shareholders of record on Wednesday, May 7th will be given a $0.16 dividend.
This represents a $0.64 annualized dividend and a yield of 7.57%.
The ex-dividend date of this dividend is Wednesday, May 7th. BCB Bancorp’s dividend payout ratio is presently 426.67%.
Wall Street Analyst Weigh In A number of research firms have issued reports on BCBP. Keefe, Bruyette & Woods lowered their price target on BCB Bancorp from $12.50 to $10.
50 and set a “market perform” rating for the company in a research report on Thursday. Piper Sandler decreased their target price on BCB Bancorp from $14.00 to $13.
00 and set a “neutral” rating for the company in a research report on Thursday, January 30th. Check Out Our Latest Stock Analysis on BCB Bancorp About BCB Bancorp ( Free Report ) BCB Bancorp, Inc operates as a bank holding company for BCB Community Bank that engages in the provision of banking products and services to businesses and individuals in the United States. The company offers insured deposit products, including savings and club accounts, interest and non-interest-bearing demand accounts, money market accounts, certificates of deposit, and individual retirement accounts.
Read More Want to see what other hedge funds are holding BCBP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BCB Bancorp, Inc. ( NASDAQ:BCBP – Free Report ).
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