Bank of New York Mellon Corp lessened its position in Clifton Bancorp Inc. (NASDAQ:CSBK) by 4.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 109,114 shares of the savings and loans company’s stock after selling 5,018 shares during the period. Bank of New York Mellon Corp owned about 0.49% of Clifton Bancorp worth $1,866,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. GSA Capital Partners LLP increased its holdings in Clifton Bancorp by 21.8% during the third quarter. GSA Capital Partners LLP now owns 17,518 shares of the savings and loans company’s stock valued at $293,000 after buying an additional 3,132 shares during the last quarter. Chicago Capital Management LLC purchased a new stake in shares of Clifton Bancorp in the fourth quarter worth $444,000. Kassirer Asset Management Corp purchased a new stake in shares of Clifton Bancorp in the fourth quarter worth $532,000. Nationwide Fund Advisors increased its stake in shares of Clifton Bancorp by 99.2% in the third quarter. Nationwide Fund Advisors now owns 33,681 shares of the savings and loans company’s stock worth $563,000 after purchasing an additional 16,775 shares in the last quarter. Finally, Hudson Capital Management LLC bought a new position in shares of Clifton Bancorp during the fourth quarter worth $672,000. Hedge funds and other institutional investors own 58.73% of the company’s stock.
Clifton Bancorp stock opened at $15.65 on Wednesday. The stock has a market capitalization of $345.85, a PE ratio of 46.03 and a beta of 0.30. Clifton Bancorp Inc. has a 12-month low of $15.20 and a 12-month 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.
CSBK has been the subject of a number of research reports. TheStreet lowered shares of Clifton Bancorp from a “b-” rating to a “c+” rating in a research report on Wednesday, February 14th. BidaskClub upgraded shares of Clifton Bancorp from a “sell” rating to a “hold” rating in a research report on Monday, March 26th.
About Clifton Bancorp
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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