Wells Fargo & Company MN Sells 19,647 Shares of Clifton Bancorp Inc. (CSBK)

Wells Fargo & Company MN lessened its holdings in shares of Clifton Bancorp Inc. (NASDAQ:CSBK) by 15.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 106,824 shares of the savings and loans company’s stock after selling 19,647 shares during the period. Wells Fargo & Company MN owned approximately 0.48% of Clifton Bancorp worth $1,827,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Dimensional Fund Advisors LP increased its holdings in Clifton Bancorp by 3.3% in the third quarter. Dimensional Fund Advisors LP now owns 1,341,986 shares of the savings and loans company’s stock valued at $22,438,000 after buying an additional 42,525 shares in the last quarter. Schwab Charles Investment Management Inc. increased its holdings in Clifton Bancorp by 13.2% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 98,745 shares of the savings and loans company’s stock valued at $1,689,000 after buying an additional 11,537 shares in the last quarter. SG Americas Securities LLC purchased a new position in Clifton Bancorp in the fourth quarter valued at $728,000. Hudson Capital Management LLC purchased a new position in Clifton Bancorp in the fourth quarter valued at $672,000. Finally, Nationwide Fund Advisors increased its holdings in 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 valued at $563,000 after buying an additional 16,775 shares in the last quarter. 58.73% of the stock is owned by hedge funds and other institutional investors.

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CSBK opened at $15.65 on Monday. Clifton Bancorp Inc. has a fifty-two week low of $15.20 and a fifty-two week 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 firm has a market capitalization of $345.85, a price-to-earnings ratio of 46.03 and a beta of 0.30.

Clifton Bancorp (NASDAQ:CSBK) last released its quarterly earnings data on Friday, February 2nd. The savings and loans company reported $0.10 earnings per share for the quarter, beating 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 company had revenue of $8.56 million during the quarter.

A number of research firms have weighed in on CSBK. BidaskClub raised shares of Clifton Bancorp from a “strong sell” rating to a “sell” rating in a report on Saturday, February 10th. TheStreet cut 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 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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Institutional Ownership by Quarter for Clifton Bancorp (NASDAQ:CSBK)

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