Clifton Bancorp CFO Sells $252,600 in Stock (CSBK)
Clifton Bancorp (NASDAQ:CSBK) CFO Christine R. Piano sold 20,000 shares of Clifton Bancorp stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $12.63, for a total value of $252,600.00. Following the sale, the chief financial officer now directly owns 34,956 shares of the company’s stock, valued at approximately $441,494. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Separately, analysts at TheStreet upgraded shares of Clifton Bancorp from a “hold” rating to a “buy” rating in a research note on Wednesday, July 9th.
Clifton Bancorp (NASDAQ:CSBK) traded down 0.64% on Wednesday, hitting $12.5099. The stock had a trading volume of 83,745 shares. Clifton Bancorp has a 52-week low of $11.29 and a 52-week high of $13.6262. The stock has a 50-day moving average of $12.42 and a 200-day moving average of $12.. The company has a market cap of $315.8 million and a P/E ratio of 52.46.
Clifton Bancorp (NASDAQ:CSBK) last announced its earnings results 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. Analysts expect that Clifton Bancorp will post $0.21 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, September 5th. Investors of record on Friday, August 22nd will be paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 1.91%. The ex-dividend date is Wednesday, August 20th.
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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