Shares of BCB Bancorp, Inc. (NASDAQ:BCBP) have been assigned a consensus broker rating score of 1.50 (Buy) from the two brokers that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a buy rating and one has issued a strong buy rating on the company.

Brokerages have set a twelve-month consensus price target of $15.00 for the company and are forecasting that the company will post $0.21 earnings per share for the current quarter, according to Zacks. Zacks has also given BCB Bancorp an industry rank of 17 out of 265 based on the ratings given to related companies.

Several brokerages have issued reports on BCBP. Zacks Investment Research cut shares of BCB Bancorp from a “buy” rating to a “hold” rating in a research note on Tuesday, December 26th. ValuEngine raised shares of BCB Bancorp from a “hold” rating to a “buy” rating in a research note on Monday, September 18th.

Shares of BCB Bancorp (NASDAQ BCBP) traded up $0.15 on Monday, reaching $15.60. 27,400 shares of the company’s stock traded hands, compared to its average volume of 38,333. BCB Bancorp has a 52 week low of $12.05 and a 52 week high of $17.05. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.11 and a current ratio of 1.12. The firm has a market cap of $234.49, a PE ratio of 17.33, a PEG ratio of 1.49 and a beta of 0.43.

BCB Bancorp (NASDAQ:BCBP) last announced its earnings results on Thursday, October 19th. The bank reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.02. BCB Bancorp had a net margin of 14.19% and a return on equity of 9.04%. The company had revenue of $17.21 million for the quarter, compared to analysts’ expectations of $17.70 million. sell-side analysts predict that BCB Bancorp will post 0.92 EPS for the current year.

In other news, Director Gary S. Stetz purchased 1,750 shares of the stock in a transaction dated Wednesday, October 25th. The shares were purchased at an average price of $14.59 per share, with a total value of $25,532.50. Following the transaction, the director now owns 11,500 shares in the company, valued at approximately $167,785. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In the last three months, insiders have bought 5,180 shares of company stock worth $74,309. Corporate insiders own 16.76% of the company’s stock.

Several hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of BCB Bancorp by 21.4% during the 2nd quarter. Vanguard Group Inc. now owns 303,932 shares of the bank’s stock valued at $4,650,000 after acquiring an additional 53,474 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of BCB Bancorp by 5.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 265,111 shares of the bank’s stock valued at $4,056,000 after acquiring an additional 12,636 shares during the last quarter. State Street Corp boosted its position in shares of BCB Bancorp by 389.6% during the 2nd quarter. State Street Corp now owns 126,807 shares of the bank’s stock valued at $1,940,000 after acquiring an additional 100,907 shares during the last quarter. Northern Trust Corp boosted its position in shares of BCB Bancorp by 334.4% during the 2nd quarter. Northern Trust Corp now owns 106,720 shares of the bank’s stock valued at $1,633,000 after acquiring an additional 82,153 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of BCB Bancorp by 142.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 41,236 shares of the bank’s stock valued at $631,000 after acquiring an additional 24,224 shares during the last quarter. 32.45% of the stock is currently owned by hedge funds and other institutional investors.

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About BCB Bancorp

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.

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