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.
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.
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.
TRADEMARK VIOLATION WARNING: This piece was posted by Week Herald and is the sole property of of Week Herald. If you are viewing this piece on another site, it was illegally copied and reposted in violation of U.S. & international copyright and trademark laws. The correct version of this piece can be read at https://weekherald.com/2018/04/16/wells-fargo-company-mn-sells-19647-shares-of-clifton-bancorp-inc-csbk.html.
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.
Want to see what other hedge funds are holding CSBK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Clifton Bancorp Inc. (NASDAQ:CSBK).
Receive News & Ratings for Clifton Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clifton Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.