Thomas Keating Buys 1,000 Shares of BCB Bancorp, Inc. (NJ) (BCBP) Stock

BCB Bancorp, Inc. (NJ) (NASDAQ:BCBP) CFO Thomas Keating bought 1,000 shares of the business’s stock in a transaction dated Wednesday, November 8th. The stock was bought at an average cost of $13.55 per share, for a total transaction of $13,550.00. Following the completion of the purchase, the chief financial officer now owns 2,000 shares of the company’s stock, valued at approximately $27,100. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link.

Thomas Keating also recently made the following trade(s):

  • On Tuesday, September 19th, Thomas Keating acquired 2,000 shares of BCB Bancorp, Inc. (NJ) stock. The shares were acquired at an average cost of $12.75 per share, for a total transaction of $25,500.00.
  • On Tuesday, September 12th, Thomas Keating acquired 2,000 shares of BCB Bancorp, Inc. (NJ) stock. The shares were acquired at an average cost of $12.25 per share, for a total transaction of $24,500.00.

BCB Bancorp, Inc. (BCBP) traded up $0.18 during trading on Friday, hitting $14.10. The company had a trading volume of 45,400 shares, compared to its average volume of 35,988. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.12 and a quick ratio of 1.10. BCB Bancorp, Inc. has a 12 month low of $11.33 and a 12 month high of $17.05. The stock has a market capitalization of $209.32, a PE ratio of 14.51, a PEG ratio of 1.51 and a beta of 0.43.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 17th. Investors of record on Friday, November 3rd will be given a dividend of $0.14 per share. The ex-dividend date is Thursday, November 2nd. This represents a $0.56 annualized dividend and a dividend yield of 3.97%. BCB Bancorp, Inc. (NJ)’s dividend payout ratio (DPR) is presently 58.33%.

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BCBP has been the topic of several recent analyst reports. DA Davidson initiated coverage on BCB Bancorp, Inc. (NJ) in a research report on Thursday, September 14th. They set a “buy” rating and a $15.00 price objective on the stock. Keefe, Bruyette & Woods initiated coverage on BCB Bancorp, Inc. (NJ) in a research report on Thursday, September 14th. They set an “outperform” rating and a $14.00 price objective on the stock. Finally, ValuEngine raised BCB Bancorp, Inc. (NJ) from a “hold” rating to a “buy” rating in a research report on Monday, September 18th.

A number of large investors have recently made changes to their positions in BCBP. Schwab Charles Investment Management Inc. purchased a new position in BCB Bancorp, Inc. (NJ) in the second quarter worth about $250,000. Rhumbline Advisers purchased a new position in BCB Bancorp, Inc. (NJ) in the second quarter worth about $153,000. Bank of New York Mellon Corp boosted its position in BCB Bancorp, Inc. (NJ) by 142.4% in the second quarter. Bank of New York Mellon Corp now owns 41,236 shares of the bank’s stock worth $631,000 after purchasing an additional 24,224 shares during the last quarter. Teachers Advisors LLC purchased a new position in BCB Bancorp, Inc. (NJ) in the second quarter worth about $280,000. Finally, TIAA CREF Investment Management LLC purchased a new position in BCB Bancorp, Inc. (NJ) in the second quarter worth about $394,000. 18.08% of the stock is currently owned by institutional investors and hedge funds.

About BCB Bancorp, Inc. (NJ)

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.

Insider Buying and Selling by Quarter for BCB Bancorp, Inc. (NJ) (NASDAQ:BCBP)

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