A J. Fanelli Acquires 1,000 Shares of Prudential Bancorp Inc (NASDAQ:PBIP) Stock

Share on StockTwits

Prudential Bancorp Inc (NASDAQ:PBIP) Director A J. Fanelli purchased 1,000 shares of the company’s stock in a transaction on Monday, May 20th. The shares were bought at an average price of $17.24 per share, with a total value of $17,240.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Shares of PBIP opened at $16.10 on Thursday. Prudential Bancorp Inc has a 1-year low of $13.92 and a 1-year high of $19.57. The stock has a market cap of $148.44 million, a PE ratio of 16.06 and a beta of -0.01. The firm has a 50-day simple moving average of $17.62 and a two-hundred day simple moving average of $17.63.

Prudential Bancorp (NASDAQ:PBIP) last announced its quarterly earnings results on Friday, July 19th. The savings and loans company reported $0.29 earnings per share for the quarter. Prudential Bancorp had a net margin of 21.04% and a return on equity of 7.16%. The business had revenue of $7.40 million during the quarter.

Institutional investors and hedge funds have recently made changes to their positions in the business. BlackRock Inc. increased its position in shares of Prudential Bancorp by 3.4% during the fourth quarter. BlackRock Inc. now owns 448,649 shares of the savings and loans company’s stock valued at $7,896,000 after acquiring an additional 14,961 shares during the last quarter. BNP Paribas Arbitrage SA increased its position in shares of Prudential Bancorp by 542.3% during the first quarter. BNP Paribas Arbitrage SA now owns 1,869 shares of the savings and loans company’s stock valued at $32,000 after acquiring an additional 1,578 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Prudential Bancorp by 8.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 209,597 shares of the savings and loans company’s stock valued at $3,689,000 after acquiring an additional 16,903 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Prudential Bancorp by 1.5% during the fourth quarter. Geode Capital Management LLC now owns 155,669 shares of the savings and loans company’s stock valued at $2,739,000 after acquiring an additional 2,361 shares during the last quarter. Finally, Bank of America Corp DE increased its position in shares of Prudential Bancorp by 30.7% during the fourth quarter. Bank of America Corp DE now owns 10,473 shares of the savings and loans company’s stock valued at $185,000 after acquiring an additional 2,462 shares during the last quarter. Institutional investors and hedge funds own 39.98% of the company’s stock.

About Prudential Bancorp

Prudential Bancorp, Inc operates as the bank holding company for Prudential Bank that provides various banking products or services. The company accepts interest-bearing and non-interest-bearing checking, money market, savings, and certificates of deposit accounts. Its 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.

Featured Story: Trade War

Receive News & Ratings for Prudential Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prudential Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


 
© 2006-2019 BBNS.