BCB Bancorp, Inc. (NASDAQ:BCBP) Director James G. Rizzo Acquires 1,250 Shares of Stock

BCB Bancorp, Inc. (NASDAQ:BCBPGet Free Report) Director James G. Rizzo acquired 1,250 shares of BCB Bancorp stock in a transaction dated Wednesday, February 7th. The stock was purchased at an average price of $10.96 per share, with a total value of $13,700.00. Following the completion of the purchase, the director now directly owns 69,554 shares of the company’s stock, valued at approximately $762,311.84. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

BCB Bancorp Price Performance

NASDAQ:BCBP opened at $10.29 on Friday. The stock has a market cap of $173.39 million, a P/E ratio of 6.05 and a beta of 0.64. BCB Bancorp, Inc. has a one year low of $9.40 and a one year high of $17.68. The company has a fifty day moving average price of $12.51 and a 200 day moving average price of $11.81. The company has a debt-to-equity ratio of 2.33, a current ratio of 1.26 and a quick ratio of 1.26.

BCB Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 16th. Stockholders of record on Monday, February 5th will be issued a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 6.22%. The ex-dividend date is Friday, February 2nd. BCB Bancorp’s payout ratio is 37.65%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Strs Ohio acquired a new position in BCB Bancorp during the 2nd quarter valued at about $89,000. LSV Asset Management lifted its holdings in shares of BCB Bancorp by 10.2% during the third quarter. LSV Asset Management now owns 146,391 shares of the bank’s stock worth $1,631,000 after buying an additional 13,500 shares in the last quarter. Bailard Inc. bought a new position in shares of BCB Bancorp in the third quarter worth $267,000. Trexquant Investment LP increased its position in shares of BCB Bancorp by 23.8% in the second quarter. Trexquant Investment LP now owns 47,366 shares of the bank’s stock worth $556,000 after purchasing an additional 9,102 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC grew its position in BCB Bancorp by 37.9% in the second quarter. Hotchkis & Wiley Capital Management LLC now owns 212,210 shares of the bank’s stock valued at $2,491,000 after acquiring an additional 58,370 shares during the last quarter. Institutional investors and hedge funds own 37.45% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Piper Sandler boosted their price objective on shares of BCB Bancorp from $13.00 to $13.50 and gave the stock a “neutral” rating in a research note on Tuesday, January 30th.

Check Out Our Latest Analysis on BCB Bancorp

BCB Bancorp Company Profile

(Get Free Report)

BCB Bancorp, Inc operates as a bank holding company for BCB Community Bank that provides banking products and services to businesses and individuals in the United States. The company offers insured deposit products, including savings and club accounts; interest and non-interest-bearing demand accounts; and money market accounts, certificates of deposit, and individual retirement accounts.

Featured Stories

Insider Buying and Selling by Quarter for BCB Bancorp (NASDAQ:BCBP)

Receive News & Ratings for BCB Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BCB Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.