REV Group, Inc. (REVG) Reaches $19.61 52 Week Low; Fj Capital Management Has Cut Investors Bancorp New (ISBC) Stake By $37.63 Million

April 17, 2018 - By Louis Casey

Investors Bancorp, Inc. (NASDAQ:ISBC) Logo

Fj Capital Management Llc decreased Investors Bancorp Inc New (ISBC) stake by 52.39% reported in 2017Q4 SEC filing. Fj Capital Management Llc sold 2.89M shares as Investors Bancorp Inc New (ISBC)’s stock declined 4.56%. The Fj Capital Management Llc holds 2.63 million shares with $36.51 million value, down from 5.53M last quarter. Investors Bancorp Inc New now has $4.12 billion valuation. The stock decreased 0.07% or $0.01 during the last trading session, reaching $13.61. About 835,609 shares traded. Investors Bancorp, Inc. (NASDAQ:ISBC) has declined 2.97% since April 17, 2017 and is downtrending. It has underperformed by 14.52% the S&P500.

The stock of REV Group, Inc. (NYSE:REVG) hit a new 52-week low and has $18.04 target or 8.00% below today’s $19.61 share price. The 6 months bearish chart indicates high risk for the $1.27B company. The 1-year low was reported on Apr, 17 by Barchart.com. If the $18.04 price target is reached, the company will be worth $101.28M less. The stock decreased 2.94% or $0.5941 during the last trading session, reaching $19.6059. About 266,976 shares traded. REV Group, Inc. (NYSE:REVG) has declined 23.94% since April 17, 2017 and is downtrending. It has underperformed by 35.49% the S&P500.

Fj Capital Management Llc increased First Conn Bancorp Inc Md (NASDAQ:FBNK) stake by 31,800 shares to 782,800 valued at $20.47M in 2017Q4. It also upped Veritex Hldgs Inc stake by 416,700 shares and now owns 2.15M shares. First Bancshares Inc Ms (NASDAQ:FBMS) was raised too.

Among 11 analysts covering Investors Bancorp Inc (NASDAQ:ISBC), 4 have Buy rating, 2 Sell and 5 Hold. Therefore 36% are positive. Investors Bancorp Inc had 25 analyst reports since August 4, 2015 according to SRatingsIntel. Barclays Capital maintained Investors Bancorp, Inc. (NASDAQ:ISBC) rating on Monday, October 30. Barclays Capital has “Underweight” rating and $14 target. The stock of Investors Bancorp, Inc. (NASDAQ:ISBC) has “Market Perform” rating given on Monday, October 30 by Wood. On Friday, January 29 the stock rating was downgraded by Compass Point to “Sell”. Keefe Bruyette & Woods maintained Investors Bancorp, Inc. (NASDAQ:ISBC) rating on Thursday, June 1. Keefe Bruyette & Woods has “Buy” rating and $15.5000 target. Barclays Capital downgraded Investors Bancorp, Inc. (NASDAQ:ISBC) rating on Tuesday, December 6. Barclays Capital has “Underweight” rating and $13 target. Keefe Bruyette & Woods maintained the shares of ISBC in report on Thursday, August 31 with “Buy” rating. The rating was maintained by Barclays Capital on Tuesday, January 2 with “Sell”. The firm has “Hold” rating by Piper Jaffray given on Monday, January 29. On Tuesday, January 30 the stock rating was maintained by Barclays Capital with “Underweight”. The stock has “Buy” rating by Piper Jaffray on Thursday, October 26.

Analysts await Investors Bancorp, Inc. (NASDAQ:ISBC) to report earnings on April, 26 after the close. They expect $0.19 earnings per share, up 18.75% or $0.03 from last year’s $0.16 per share. ISBC’s profit will be $57.45M for 17.91 P/E if the $0.19 EPS becomes a reality. After $0.17 actual earnings per share reported by Investors Bancorp, Inc. for the previous quarter, Wall Street now forecasts 11.76% EPS growth.

Investors sentiment increased to 1.06 in 2017 Q4. Its up 0.26, from 0.8 in 2017Q3. It improved, as 22 investors sold ISBC shares while 65 reduced holdings. 30 funds opened positions while 62 raised stakes. 232.86 million shares or 0.29% more from 232.20 million shares in 2017Q3 were reported. Ahl Prns Llp reported 12,254 shares or 0% of all its holdings. Trexquant LP owns 32,083 shares. Regions Finance accumulated 2,295 shares. Stevens Cap Ltd Partnership accumulated 99,304 shares or 0.05% of the stock. Nbw Cap Limited Liability Company has invested 0.9% of its portfolio in Investors Bancorp, Inc. (NASDAQ:ISBC). Citadel Advisors Limited Com accumulated 7.03M shares or 0.06% of the stock. Canada Pension Plan Board owns 0% invested in Investors Bancorp, Inc. (NASDAQ:ISBC) for 15,500 shares. Moreover, Employees Retirement Systems Of Ohio has 0% invested in Investors Bancorp, Inc. (NASDAQ:ISBC). Bank & Trust Of America De accumulated 2.75 million shares. Panagora Asset Management owns 0% invested in Investors Bancorp, Inc. (NASDAQ:ISBC) for 9,250 shares. Federated Investors Pa accumulated 4,389 shares. Rafferty Asset Mgmt Ltd Liability invested 0.01% in Investors Bancorp, Inc. (NASDAQ:ISBC). Employees Retirement Association Of Colorado holds 8,422 shares or 0% of its portfolio. Profund Advisors Ltd Liability Com has invested 0.01% of its portfolio in Investors Bancorp, Inc. (NASDAQ:ISBC). Art Advsrs Ltd Co accumulated 0.14% or 228,600 shares.

Analysts await REV Group, Inc. (NYSE:REVG) to report earnings on June, 5. They expect $0.32 earnings per share, up 10.34% or $0.03 from last year’s $0.29 per share. REVG’s profit will be $20.66M for 15.32 P/E if the $0.32 EPS becomes a reality. After $0.13 actual earnings per share reported by REV Group, Inc. for the previous quarter, Wall Street now forecasts 146.15% EPS growth.

REV Group, Inc. designs, manufactures, and distributes specialty vehicles in the United States, Canada, Europe, Africa, the Middle East, and internationally. The company has market cap of $1.27 billion. It operates through three divisions: Fire & Emergency, Commercial, and Recreation. It has a 24.09 P/E ratio. The Fire & Emergency segment offers a range of fire apparatus and ambulance products for municipal fire departments, EMS providers, and private fleets through dealers.

REV Group, Inc. (NYSE:REVG) Ratings Chart

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