BCB Bancorp (NASDAQ:BCBP) Research Coverage Started at StockNews.com

StockNews.com started coverage on shares of BCB Bancorp (NASDAQ:BCBP – Get Rating) in a report issued on Thursday. The brokerage set a “hold” rating on the bank’s stock.

BCB Bancorp Stock Performance

BCB Bancorp stock opened at $13.78 on Thursday. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 1.55. BCB Bancorp has a 1 year low of $13.06 and a 1 year high of $20.71. The company has a market cap of $233.43 million, a PE ratio of 5.32 and a beta of 0.64. The company’s 50-day moving average is $17.16 and its two-hundred day moving average is $18.00.

BCB Bancorp (NASDAQ:BCBP – Get Rating) last released its earnings results on Thursday, January 26th. The bank reported $0.69 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.06). BCB Bancorp had a net margin of 34.26% and a return on equity of 17.58%. The business had revenue of $31.24 million for the quarter, compared to analyst estimates of $35.70 million. Equities analysts anticipate that BCB Bancorp will post 2.6 earnings per share for the current year.

Insider Activity at BCB Bancorp

In other news, insider David Roque Garcia purchased 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 15th. The shares were acquired at an average cost of $13.88 per share, for a total transaction of $27,760.00. Following the transaction, the insider now directly owns 3,000 shares of the company’s stock, valued at approximately $41,640. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders have bought 6,100 shares of company stock worth $85,181 in the last ninety days. Company insiders own 16.44% of the company’s stock.

Institutional Trading of BCB Bancorp

A number of large investors have recently bought and sold shares of BCBP. Advisor Group Holdings Inc. increased its stake in BCB Bancorp by 139.6% during the 4th quarter. Advisor Group Holdings Inc. now owns 1,756 shares of the bank’s stock worth $31,000 after purchasing an additional 1,023 shares in the last quarter. UBS Group AG increased its stake in BCB Bancorp by 188.9% during the 3rd quarter. UBS Group AG now owns 2,932 shares of the bank’s stock worth $50,000 after purchasing an additional 1,917 shares in the last quarter. Russell Investments Group Ltd. bought a new stake in BCB Bancorp during the 3rd quarter worth approximately $55,000. Denali Advisors LLC increased its stake in BCB Bancorp by 105.9% during the 3rd quarter. Denali Advisors LLC now owns 3,500 shares of the bank’s stock worth $59,000 after purchasing an additional 1,800 shares in the last quarter. Finally, Barclays PLC increased its stake in BCB Bancorp by 477.7% during the 4th quarter. Barclays PLC now owns 3,859 shares of the bank’s stock worth $69,000 after purchasing an additional 3,191 shares in the last quarter. 39.78% of the stock is owned by institutional investors.

BCB Bancorp Company Profile

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BCB Bancorp, Inc is a holding company, which engages in the provision of financial solutions. It offers loans, deposit products, and retail and commercial banking services. The company was founded on May 1, 2003 and is headquartered in Bayonne, NJ.