Investors Bancorp (ISBC) : Ramsey Quantitative Systems scooped up 190 additional shares in Investors Bancorp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 2, 2016. The investment management firm now holds a total of 90,491 shares of Investors Bancorp which is valued at $1,037,932.Investors Bancorp makes up approximately 1.07% of Ramsey Quantitative Systems’s portfolio.
Investors Bancorp opened for trading at $11.28 and hit $11.49 on the upside on Friday, eventually ending the session at $11.47, with a gain of 0.26% or 0.03 points. The heightened volatility saw the trading volume jump to 24,59,298 shares. Company has a market cap of $3,762 M.
Other Hedge Funds, Including , Mcrae Capital Management Inc boosted its stake in ISBC in the latest quarter, The investment management firm added 11,002 additional shares and now holds a total of 31,202 shares of Investors Bancorp which is valued at $357,887. Investors Bancorp makes up approx 0.16% of Mcrae Capital Management Inc’s portfolio. Stoneridge Investment Partners sold out all of its stake in ISBC during the most recent quarter. The investment firm sold 161,728 shares of ISBC which is valued $1,867,958. Nisa Investment Advisors L.l.c. added ISBC to its portfolio by purchasing 2,400 company shares during the most recent quarter which is valued at $27,720. 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.Reinhart Partners reduced its stake in ISBC by selling 100,319 shares or 5.89% in the most recent quarter. The Hedge Fund company now holds 1,603,123 shares of ISBC which is valued at $18,756,539. Investors Bancorp makes up approx 1.89% of Reinhart 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. Company shares were Upgraded by Compass Point on May 4, 2016 to ” Neutral”, Firm has raised the Price Target to $ 11.50 from a previous price target of $10.50 .