Investors Bancorp (ISBC) : Fj Capital Management scooped up 2,000 additional shares in Investors Bancorp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 6,012,000 shares of Investors Bancorp which is valued at $67,875,480.Investors Bancorp makes up approximately 12.78% of Fj Capital Management’s portfolio.
Other Hedge Funds, Including , Seven Eight Capital reduced its stake in ISBC by selling 600 shares or 0.95% in the most recent quarter. The Hedge Fund company now holds 62,500 shares of ISBC which is valued at $705,625. Investors Bancorp makes up approx 0.23% of Seven Eight Capital’s portfolio.Seidman Lawrence B reduced its stake in ISBC by selling 44,848 shares or 53.16% in the most recent quarter. The Hedge Fund company now holds 39,511 shares of ISBC which is valued at $442,523. Investors Bancorp makes up approx 0.29% of Seidman Lawrence B’s portfolio.Princeton Alpha Management Lp reduced its stake in ISBC by selling 102,549 shares or 83.17% in the most recent quarter. The Hedge Fund company now holds 20,757 shares of ISBC which is valued at $235,592. Investors Bancorp makes up approx 0.04% of Princeton Alpha Management Lp’s portfolio.Diversified Trust Co boosted its stake in ISBC in the latest quarter, The investment management firm added 3,795 additional shares and now holds a total of 48,000 shares of Investors Bancorp which is valued at $545,760. Investors Bancorp makes up approx 0.07% of Diversified Trust Co’s portfolio.
Investors Bancorp opened for trading at $11.97 and hit $12.04 on the upside on Monday, eventually ending the session at $12, with a gain of 0.42% or 0.05 points. The heightened volatility saw the trading volume jump to 20,06,823 shares. Company has a market cap of $3,725 M.
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.
Many Wall Street Analysts have commented on Investors Bancorp. Investors Bancorp was Upgraded by Piper Jaffray to ” Overweight” on Aug 19, 2016.