Moody Aldrich Partners buys $2,595,828 stake in Investors Bancorp (ISBC)

Investors Bancorp (ISBC) : Moody Aldrich Partners scooped up 152,645 additional shares in Investors Bancorp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 26, 2016. The investment management firm now holds a total of 228,305 shares of Investors Bancorp which is valued at $2,595,828.Investors Bancorp makes up approximately 2.06% of Moody Aldrich Partners’s portfolio.

Other Hedge Funds, Including , Strs Ohio reduced its stake in ISBC by selling 17,900 shares or 10.9% in the most recent quarter. The Hedge Fund company now holds 146,300 shares of ISBC which is valued at $1,663,431. Investors Bancorp makes up approx 0.01% of Strs Ohio’s portfolio.

Investors Bancorp closed down -0.05 points or -0.44% at $11.36 with 23,63,788 shares getting traded on Friday. Post opening the session at $11.41, the shares hit an intraday low of $11.34 and an intraday high of $11.48 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

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. 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 .

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