Were Analysts Bearish Investors Bancorp, Inc. (NASDAQ:ISBC) This Week?

September 16, 2018 - By Ellis Scott

Investors Bancorp, Inc. (NASDAQ:ISBC) LogoInvestors sentiment increased to 1.16 in Q2 2018. Its up 0.26, from 0.9 in 2018Q1. It improved, as 13 investors sold Investors Bancorp, Inc. shares while 64 reduced holdings. 35 funds opened positions while 54 raised stakes. 212.27 million shares or 5.48% less from 224.58 million shares in 2018Q1 were reported.
Boston Prtn invested in 0% or 172,136 shares. American Rech & Mgmt holds 2,550 shares or 0.01% of its portfolio. 2,904 were reported by Northwestern Mutual Wealth Mgmt Com. Scotia has 0.01% invested in Investors Bancorp, Inc. (NASDAQ:ISBC) for 45,057 shares. Impax Asset Ltd Llc holds 1.17M shares. Art Advisors Ltd Llc, New York-based fund reported 337,700 shares. Bridgeway Inc has invested 0.03% of its portfolio in Investors Bancorp, Inc. (NASDAQ:ISBC). Advisory, a Illinois-based fund reported 48,973 shares. Moreover, Comerica Natl Bank has 0.01% invested in Investors Bancorp, Inc. (NASDAQ:ISBC). California Employees Retirement holds 0.02% or 856,432 shares. 4,347 are owned by Piedmont Invest Advisors Limited Company. Amalgamated Bankshares owns 0.01% invested in Investors Bancorp, Inc. (NASDAQ:ISBC) for 34,156 shares. Tiaa Cref Invest Mngmt Ltd Llc owns 1.21M shares. Hbk Investments L P reported 0% in Investors Bancorp, Inc. (NASDAQ:ISBC). Teton Advsr holds 103,046 shares.

Investors Bancorp, Inc. (NASDAQ:ISBC) Ratings Coverage

Among 2 analysts covering Investors Bancorp (NASDAQ:ISBC), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Investors Bancorp had 2 analyst reports since April 5, 2018 according to SRatingsIntel. Sandler O’Neill upgraded the shares of ISBC in report on Thursday, April 5 to “Buy” rating. The rating was upgraded by Barclays Capital on Friday, May 4 to “Equal-Weight”. Below is a list of Investors Bancorp, Inc. (NASDAQ:ISBC) latest ratings and price target changes.

04/05/2018 Broker: Barclays Capital Old Rating: Underweight New Rating: Equal-Weight Old Target: $14 Upgrade
05/04/2018 Broker: Sandler O’Neill Rating: Buy Upgrade

The stock increased 0.24% or $0.03 during the last trading session, reaching $12.65. About 1.35M shares traded. Investors Bancorp, Inc. (NASDAQ:ISBC) has declined 3.85% since September 16, 2017 and is downtrending. It has underperformed by 19.47% the S&P500.

Investors Bancorp, Inc. operates as the holding firm for Investors Bank that provides various banking services and products to individuals and businesses in the United States. The company has market cap of $3.63 billion. It offers deposit products, such as savings, checking, and money market accounts, as well as certificates of deposit. It has a 23.51 P/E ratio. The companyÂ’s loan portfolio includes multi-family, commercial real estate, commercial and industrial, and construction loans; consumer and other loans primarily consisting of home equity loans and home equity lines of credit; and one-to four-family residential mortgage loans secured by one-to four-family residential real estate.

Investors Bancorp, Inc. (NASDAQ:ISBC) Ratings Chart

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