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Clifton Bancorp (NASDAQ:CSBK) Director Stephen Adzima purchased 7,000 shares of Clifton Bancorp stock on the open market in a transaction dated Thursday, August 7th. The stock was purchased at an average price of $12.41 per share, for a total transaction of $86,870.00. Following the completion of the transaction, the director now directly owns 17,768 shares of the company’s stock, valued at approximately $220,501. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Clifton Bancorp (NASDAQ:CSBK) traded up 0.24% on Friday, hitting $12.43. The stock had a trading volume of 53,140 shares. Clifton Bancorp has a one year low of $11.29 and a one year high of $13.6262. The stock’s 50-day moving average is $12.41 and its 200-day moving average is $12.40. The company has a market cap of $313.8 million and a price-to-earnings ratio of 51.67.

Clifton Bancorp (NASDAQ:CSBK) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.06 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.08 by $0.02. On average, analysts predict that Clifton Bancorp will post $0.21 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, September 5th. Stockholders of record on Friday, August 22nd will be given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 1.93%. The ex-dividend date of this dividend is Wednesday, August 20th.

CSBK has been the subject of a number of recent research reports. Analysts at TheStreet upgraded shares of Clifton Bancorp from a “hold” rating to a “buy” rating in a research note on Wednesday, July 9th. Analysts at Sandler O’Neill initiated coverage on shares of Clifton Bancorp in a research note on Friday, May 16th. They set a “buy” rating and a $13.50 price target on the stock.

Clifton Bancorp Inc, formerly Clifton Savings Bancorp, Inc, is a savings and loan holding company that operates through its subsidiary, Clifton Savings Bank (NASDAQ:CSBK).

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