BCB Bancorp, Inc. (NJ) (BCBP) Director James G. Rizzo Buys 2,750 Shares of Stock

BCB Bancorp, Inc. (NJ) (NASDAQ:BCBP) Director James G. Rizzo bought 2,750 shares of BCB Bancorp, Inc. (NJ) stock in a transaction dated Wednesday, September 13th. The shares were purchased at an average cost of $12.42 per share, for a total transaction of $34,155.00. Following the completion of the transaction, the director now owns 48,500 shares of the company’s stock, valued at approximately $602,370. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink.

BCB Bancorp, Inc. (BCBP) traded up 2.42% during mid-day trading on Friday, reaching $12.70. 178,817 shares of the company traded hands. BCB Bancorp, Inc. has a 52-week low of $10.91 and a 52-week high of $17.05. The stock has a 50 day moving average price of $13.91 and a 200-day moving average price of $15.23. The company has a market capitalization of $143.51 million, a P/E ratio of 15.88 and a beta of 0.47.

BCB Bancorp, Inc. (NJ) (NASDAQ:BCBP) last announced its quarterly earnings results on Monday, July 17th. The bank reported $0.26 EPS for the quarter. BCB Bancorp, Inc. (NJ) had a return on equity of 8.85% and a net margin of 12.89%. The company had revenue of $17.09 million for the quarter. Analysts expect that BCB Bancorp, Inc. will post $0.85 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Monday, August 21st. Shareholders of record on Monday, August 7th were issued a dividend of $0.14 per share. The ex-dividend date was Thursday, August 3rd. This represents a $0.56 annualized dividend and a yield of 4.41%. BCB Bancorp, Inc. (NJ)’s dividend payout ratio (DPR) is presently 65.12%.

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BCBP has been the topic of a number of recent research reports. DA Davidson initiated coverage on shares of BCB Bancorp, Inc. (NJ) in a research report on Thursday. They set a “buy” rating and a $15.00 target price on the stock. ValuEngine cut shares of BCB Bancorp, Inc. (NJ) from a “buy” rating to a “hold” rating in a research report on Friday, September 8th. Finally, Keefe, Bruyette & Woods initiated coverage on shares of BCB Bancorp, Inc. (NJ) in a research report on Thursday. They set an “outperform” rating and a $14.00 target price on the stock.

Several institutional investors have recently made changes to their positions in BCBP. Rhumbline Advisers acquired a new stake in shares of BCB Bancorp, Inc. (NJ) in the second quarter worth $153,000. New York State Common Retirement Fund acquired a new stake in shares of BCB Bancorp, Inc. (NJ) in the second quarter worth $155,000. Schwab Charles Investment Management Inc. acquired a new stake in shares of BCB Bancorp, Inc. (NJ) in the second quarter worth $250,000. California State Teachers Retirement System acquired a new stake in shares of BCB Bancorp, Inc. (NJ) in the second quarter worth $257,000. Finally, Teachers Advisors LLC acquired a new stake in shares of BCB Bancorp, Inc. (NJ) in the second quarter worth $280,000. Institutional investors and hedge funds own 23.97% of the company’s stock.

About BCB Bancorp, Inc. (NJ)

BCB Bancorp, Inc is the holding company parent of BCB Community Bank (the Bank). The Bank is a community-oriented financial institution. Its business is to offer Federal Deposit Insurance Corporation (FDIC)-insured deposit products and to invest funds held in deposit accounts at the Bank, together with funds generated from operations, in loans and investment securities.

Insider Buying and Selling by Quarter for BCB Bancorp, Inc. (NJ) (NASDAQ:BCBP)

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