Prudential Bancorp Inc Of Pennsylvania Q2 2018 Institutional Investor Sentiment Better Than Expected

September 16, 2018 - By Nadine Davis

Prudential Bancorp, Inc. (NASDAQ:PBIP) Logo

Sentiment for Prudential Bancorp Inc Of Pennsylvania (NASDAQ:PBIP)

Prudential Bancorp Inc Of Pennsylvania (NASDAQ:PBIP) institutional sentiment increased to 1.91 in 2018 Q2. Its up 0.91, from 1 in 2018Q1. The ratio increased, as 21 institutional investors started new and increased equity positions, while 11 reduced and sold their stakes in Prudential Bancorp Inc Of Pennsylvania. The institutional investors in our partner’s database now hold: 3.38 million shares, up from 3.34 million shares in 2018Q1. Also, the number of institutional investors holding Prudential Bancorp Inc Of Pennsylvania in their top 10 equity positions was flat from 1 to 1 for the same number . Sold All: 2 Reduced: 9 Increased: 16 New Position: 5.

Prudential Bancorp, Inc. operates as the bank holding firm for Prudential Bank that provides various banking and financial products or services in Pennsylvania. The company has market cap of $158.11 million. The companyÂ’s deposit products include interest-bearing and non-interest-bearing checking, money market, savings, and certificates of deposit accounts. It has a 23.65 P/E ratio. The Company’s loan portfolio comprises single-family residential mortgage loans, construction and land development loans, non-residential or commercial real estate mortgage loans, home equity loans and lines of credit, and commercial business loans, as well as consumer loans, such as loans secured by deposit accounts and unsecured personal loans.

The stock decreased 1.85% or $0.33 during the last trading session, reaching $17.55. About 11,655 shares traded or 22.59% up from the average. Prudential Bancorp, Inc. (NASDAQ:PBIP) has declined 1.14% since September 16, 2017 and is downtrending. It has underperformed by 16.76% the S&P500.

Seidman Lawrence B holds 11.61% of its portfolio in Prudential Bancorp, Inc. for 788,298 shares. Firefly Value Partners Lp owns 475,250 shares or 0.64% of their US portfolio. Moreover, Raffles Associates Lp has 0.55% invested in the company for 33,040 shares. The New York-based Price Michael F has invested 0.3% in the stock. Corbyn Investment Management Inc Md, a Maryland-based fund reported 23,073 shares.

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