Quantcast
Channel: Bill Collins – Everything HUDSON
Viewing all articles
Browse latest Browse all 180

Fuller Thaler Asset Management buys $173.3 Million stake in Investors Bancorp (ISBC)

$
0
0

Investors Bancorp (ISBC) : Fuller Thaler Asset Management scooped up 3,572,919 additional shares in Investors Bancorp during the Q4 period, according to a recent disclosure to the SEC. The investment management firm now holds a total of 15,122,994 shares of Investors Bancorp which is valued at $173.3 Million.Investors Bancorp makes up approximately 3.76% of Fuller Thaler Asset Management’s portfolio.

Other Hedge Funds, Including , Segall Bryant Hamill reduced its stake in ISBC by selling 13,217 shares or 0.72% during the fourth quarter. The Hedge Fund company now holds 1,828,661 shares of ISBC which is valued at $21 Million. Investors Bancorp makes up approx 0.51% of Segall Bryant Hamill’s portfolio.Calvert Investment Management boosted its stake in ISBC during the Q4 period, The investment management firm added 6,581 additional shares and now holds a total of 22,325 shares of Investors Bancorp which is valued at $255,845. Investors Bancorp makes up approx 0.01% of Calvert Investment Management’s portfolio.Napier Park Global Capital (us) Lp boosted its stake in ISBC during the Q4 period, The investment management firm added 47,000 additional shares and now holds a total of 151,480 shares of Investors Bancorp which is valued at $1.7 Million. Investors Bancorp makes up approx 1.01% of Napier Park Global Capital (us) Lp’s portfolio.Norges Bank boosted its stake in ISBC during the Q4 period, The investment management firm added 1,558,746 additional shares and now holds a total of 2,947,438 shares of Investors Bancorp which is valued at $33.8 Million. Investors Bancorp makes up approx 0.02% of Norges Bank’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 Oct 29, 2015. Analyst had a consensus of $0.13.Analysts expectations of $ 159.77.During the same quarter in the previous year, the company posted $0.11 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 .

Investors Bancorp closed down -0.01 points or -0.09% at $11.45 with 20,90,823 shares getting traded on Monday. Post opening the session at $11.41, the shares hit an intraday low of $11.375 and an intraday high of $11.51 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.


Viewing all articles
Browse latest Browse all 180

Trending Articles