Investors Bancorp (ISBC) : Fuller Thaler Asset Management reduced its stake in Investors Bancorp by 0.47% during the most recent quarter end. The investment management company now holds a total of 18,926,159 shares of Investors Bancorp which is valued at $257,585,024 after selling 89,507 shares in Investors Bancorp , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Investors Bancorp makes up approximately 4.15% of Fuller Thaler Asset Management’s portfolio.
Other Hedge Funds, Including , Perritt Capital Management Inc boosted its stake in ISBC in the latest quarter, The investment management firm added 1,200 additional shares and now holds a total of 13,800 shares of Investors Bancorp which is valued at $190,026. Investors Bancorp makes up approx 0.05% of Perritt Capital Management Inc’s portfolio.Profund Advisors boosted its stake in ISBC in the latest quarter, The investment management firm added 3,319 additional shares and now holds a total of 18,267 shares of Investors Bancorp which is valued at $242,951. Investors Bancorp makes up approx 0.01% of Profund Advisors’s portfolio.Commonwealth Equity Services Inc reduced its stake in ISBC by selling 87 shares or 0.2% in the most recent quarter. The Hedge Fund company now holds 43,562 shares of ISBC which is valued at $526,229.
Investors Bancorp opened for trading at $13.76 and hit $13.85 on the upside on Monday, eventually ending the session at $13.79, with a gain of 0.44% or 0.06 points. The heightened volatility saw the trading volume jump to 18,95,122 shares. Company has a market cap of $4,265 M.
On the company’s financial health, Investors Bancorp reported $0.15 EPS for the quarter, based on the information available during the earnings call on Oct 27, 2016. Analyst had a consensus estimate of $0.15. The company had revenue of $168.13 million for the quarter, compared to analysts expectations of $168.74 million. The company’s revenue was up 3.4% compared to the same quarter last year. 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.