Moody Aldrich Partners adds Investors Bancorp (ISBC) to its portfolio

Investors Bancorp (ISBC) : Moody Aldrich Partners added new position in Investors Bancorp during the most recent quarter end. The investment management firm now holds 75,660 shares of Investors Bancorp which is valued at $873,873 , the company said in a statement filed on Apr 25, 2016 with the SEC.Investors Bancorp makes up approximately 1.86% of Moody Aldrich Partners’s portfolio.

Investors Bancorp opened for trading at $11.62 and hit $11.64 on the upside on Monday, eventually ending the session at $11.58, with a gain of 0.26% or 0.03 points. The heightened volatility saw the trading volume jump to 28,12,513 shares. Company has a market cap of $3,798 M.

Other Hedge Funds, Including , Metlife Securities Inc reduced its stake in ISBC by selling 125 shares or 0.68% in the most recent quarter. The Hedge Fund company now holds 18,248 shares of ISBC which is valued at $213,502. Investors Bancorp makes up approx 0.01% of Metlife Securities Inc’s portfolio. Quantitative Systematic Strategies added ISBC to its portfolio by purchasing 13,146 company shares during the most recent quarter which is valued at $153,808. Investors Bancorp makes up approx 0.06% of Quantitative Systematic Strategies’s portfolio.Santa Fe Partners reduced its stake in ISBC by selling 2,927 shares or 22.09% in the most recent quarter. The Hedge Fund company now holds 10,325 shares of ISBC which is valued at $119,873. Investors Bancorp makes up approx 0.02% of Santa Fe Partners’s portfolio.

On the company’s financial health, Investors Bancorp reported $0.14 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Apr 28, 2016. Analyst had a consensus of $0.13.Analysts expectations of $ 162.65.During the same quarter in the previous year, the company posted $0.12 EPS.

Many Wall Street Analysts have commented on Investors Bancorp. Shares were Downgraded by Compass Point on Jan 29, 2016 to ” Sell” and Lowered the Price Target to $ 10.50 from a previous price target of $14 .

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