Lasalle Street Capital Management adds Opus Bank (OPB) to its portfolio

Opus Bank (OPB) : Lasalle Street Capital Management added new position in Opus Bank during the most recent quarter end. The investment management firm now holds 7,783 shares of Opus Bank which is valued at $281,044 , the company said in a statement filed on Jul 19, 2016 with the SEC.Opus Bank makes up approximately 0.26% of Lasalle Street Capital Management’s portfolio.

Other Hedge Funds, Including , Lasalle Street Capital Management added OPB to its portfolio by purchasing 7,783 company shares during the most recent quarter which is valued at $281,044. Opus Bank makes up approx 0.26% of Lasalle Street Capital Management’s portfolio. Capstone Asset Management Co added OPB to its portfolio by purchasing 12,660 company shares during the most recent quarter which is valued at $454,747. Opus Bank makes up approx 0.01% of Capstone Asset Management Co’s portfolio. Creative Planning added OPB to its portfolio by purchasing 5,898 company shares during the most recent quarter which is valued at $211,856. Bnp Paribas Arbitrage Sa added OPB to its portfolio by purchasing 5,955 company shares during the most recent quarter which is valued at $204,971.

Opus Bank closed down -0.51 points or -1.39% at $36.11 with 1,76,184 shares getting traded on Wednesday. Post opening the session at $36.62, the shares hit an intraday low of $36.07 and an intraday high of $36.7 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

Many Wall Street Analysts have commented on Opus Bank. Credit Suisse Initiated Opus Bank on Jun 29, 2016 to “Outperform”, Price Target of the shares are set at $44.Hovde Group Initiated Opus Bank on Jun 3, 2016 to “Outperform”, Price Target of the shares are set at $44.

Opus Bank is a California-chartered commercial bank. The Company provides relationship-based banking products services and solutions to small and mid-sized companies entrepreneurs real estate investors professionals and individuals. It is organized into four lines of business: commercial banking operations which is referred to as Commercial Bank; retail banking operations which is referred to as Retail Bank; merchant banking operations which is referred to as Merchant Bank and correspondent banking operations which is referred to as Correspondent Bank. Through these four lines of businesses it offers a range of conventional and specialized financial products and services to its clients through divisions such as commercial real estate banking; commercial banking; healthcare banking; technology banking; institutional syndications; fiduciary banking; business banking; corporate finance; private equity group; corporate advisory and correspondent banking.

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