Eii Capital Management Lowers stake in Investors Bancorp (ISBC)

Investors Bancorp (ISBC) : Eii Capital Management reduced its stake in Investors Bancorp by 21.32% during the most recent quarter end. The investment management company now holds a total of 193,550 shares of Investors Bancorp which is valued at $2,171,631 after selling 52,460 shares in Investors Bancorp , the firm said in a disclosure report filed with the SEC on Aug 2, 2016.Investors Bancorp makes up approximately 0.62% of Eii Capital Management’s portfolio.

Other Hedge Funds, Including , Quantitative Systematic Strategies boosted its stake in ISBC in the latest quarter, The investment management firm added 21,351 additional shares and now holds a total of 34,497 shares of Investors Bancorp which is valued at $391,886. Investors Bancorp makes up approx 0.17% of Quantitative Systematic Strategies’s portfolio.Strs Ohio reduced its stake in ISBC by selling 17,900 shares or 10.9% in the most recent quarter. The Hedge Fund company now holds 146,300 shares of ISBC which is valued at $1,663,431. Investors Bancorp makes up approx 0.01% of Strs Ohio’s portfolio.Reinhart Partners boosted its stake in ISBC in the latest quarter, The investment management firm added 14,976 additional shares and now holds a total of 1,618,099 shares of Investors Bancorp which is valued at $18,543,415. Investors Bancorp makes up approx 1.79% of Reinhart Partners’s portfolio.State Of Alaska Department Of Revenue boosted its stake in ISBC in the latest quarter, The investment management firm added 10,335 additional shares and now holds a total of 37,191 shares of Investors Bancorp which is valued at $425,837. Investors Bancorp makes up approx 0.04% of State Of Alaska Department Of Revenue’s portfolio.

Investors Bancorp closed down -0.02 points or -0.18% at $11.33 with 26,84,563 shares getting traded on Monday. Post opening the session at $11.43, the shares hit an intraday low of $11.305 and an intraday high of $11.43 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, Investors Bancorp reported $0.15 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Jul 27, 2016. Analyst had a consensus of $0.14.Analysts expectations of $ 164.98.During the same quarter in the previous year, the company posted $0.14 EPS.

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