17,560 Shares in BCB Bancorp, Inc. (BCBP) Purchased by SG Americas Securities LLC

SG Americas Securities LLC purchased a new stake in BCB Bancorp, Inc. (NASDAQ:BCBP) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 17,560 shares of the bank’s stock, valued at approximately $245,000. SG Americas Securities LLC owned approximately 0.12% of BCB Bancorp as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. First Trust Advisors LP acquired a new position in BCB Bancorp in the third quarter valued at approximately $140,000. Rhumbline Advisers acquired a new stake in shares of BCB Bancorp in the second quarter valued at approximately $153,000. New York State Common Retirement Fund acquired a new stake in shares of BCB Bancorp in the second quarter valued at approximately $155,000. Strs Ohio boosted its holdings in shares of BCB Bancorp by 346.4% in the third quarter. Strs Ohio now owns 12,500 shares of the bank’s stock valued at $174,000 after acquiring an additional 9,700 shares during the period. Finally, Schwab Charles Investment Management Inc. acquired a new stake in shares of BCB Bancorp in the second quarter valued at approximately $250,000. 32.45% of the stock is owned by hedge funds and other institutional investors.

Shares of BCB Bancorp, Inc. (NASDAQ:BCBP) opened at $14.70 on Thursday. The firm has a market capitalization of $219.46, a P/E ratio of 15.21, a PEG ratio of 1.59 and a beta of 0.43. BCB Bancorp, Inc. has a fifty-two week low of $12.05 and a fifty-two week high of $17.05. The company has a quick ratio of 1.11, a current ratio of 1.12 and a debt-to-equity ratio of 0.86.

BCB Bancorp (NASDAQ:BCBP) last posted its quarterly earnings data on Thursday, October 19th. The bank reported $0.25 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.23 by $0.02. The business had revenue of $17.21 million during the quarter, compared to the consensus estimate of $17.70 million. BCB Bancorp had a return on equity of 9.04% and a net margin of 14.19%. sell-side analysts predict that BCB Bancorp, Inc. will post 0.92 EPS for the current fiscal year.

In other news, Director James G. Rizzo acquired 1,750 shares of the firm’s stock in a transaction dated Tuesday, November 28th. The stock was acquired at an average cost of $14.53 per share, with a total value of $25,427.50. Following the completion of the acquisition, the director now owns 48,500 shares of the company’s stock, valued at $704,705. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Insiders bought 5,180 shares of company stock valued at $74,309 over the last three months. Corporate insiders own 16.76% of the company’s stock.

Several research firms have recently weighed in on BCBP. ValuEngine downgraded BCB Bancorp from a “buy” rating to a “hold” rating in a report on Friday, September 8th. DA Davidson began coverage on BCB Bancorp in a report on Thursday, September 14th. They issued a “buy” rating and a $15.00 price objective for the company. Finally, Keefe, Bruyette & Woods began coverage on BCB Bancorp in a report on Thursday, September 14th. They issued an “outperform” rating and a $14.00 price objective for the company.

ILLEGAL ACTIVITY WARNING: “17,560 Shares in BCB Bancorp, Inc. (BCBP) Purchased by SG Americas Securities LLC” was first published by Sports Perspectives and is the property of of Sports Perspectives. If you are accessing this story on another site, it was copied illegally and republished in violation of US & international trademark & copyright law. The correct version of this story can be read at https://sportsperspectives.com/2017/12/21/17560-shares-in-bcb-bancorp-inc-bcbp-purchased-by-sg-americas-securities-llc.html.

BCB Bancorp Company Profile

BCB Bancorp, Inc is the holding company parent of BCB Community Bank (the Bank). The Bank is a community-oriented financial institution. Its business is to offer Federal Deposit Insurance Corporation (FDIC)-insured deposit products and to invest funds held in deposit accounts at the Bank, together with funds generated from operations, in loans and investment securities.

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).

Institutional Ownership by Quarter for BCB Bancorp (NASDAQ:BCBP)

Receive News & Ratings for BCB Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BCB Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply