OMERS ADMINISTRATION Corp Purchases 43,100 Shares of Blue Foundry Bancorp $BLFY

OMERS ADMINISTRATION Corp grew its position in Blue Foundry Bancorp (NASDAQ:BLFY) by 198.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 64,800 shares of the company’s stock after acquiring an additional 43,100 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Blue Foundry Bancorp were worth $858,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. Glazer Capital LLC bought a new stake in shares of Blue Foundry Bancorp in the 4th quarter valued at about $11,945,000. First Trust Capital Management L.P. bought a new position in Blue Foundry Bancorp during the fourth quarter worth about $7,486,000. ABC Arbitrage SA acquired a new position in Blue Foundry Bancorp during the fourth quarter worth approximately $2,496,000. Arrowstreet Capital Limited Partnership increased its position in Blue Foundry Bancorp by 71.2% during the first quarter. Arrowstreet Capital Limited Partnership now owns 358,672 shares of the company’s stock worth $4,749,000 after buying an additional 149,123 shares during the last quarter. Finally, Chicago Capital Management LLC raised its stake in Blue Foundry Bancorp by 639.9% in the first quarter. Chicago Capital Management LLC now owns 146,012 shares of the company’s stock valued at $1,933,000 after buying an additional 126,278 shares during the period. 56.52% of the stock is currently owned by institutional investors and hedge funds.

Blue Foundry Bancorp Stock Performance

BLFY opened at $13.24 on Friday. Blue Foundry Bancorp has a 12-month low of $7.61 and a 12-month high of $14.74. The stock has a market cap of $274.88 million, a price-to-earnings ratio of -28.78 and a beta of 0.55. The business has a 50 day moving average of $13.24 and a 200-day moving average of $13.26. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.96.

Blue Foundry Bancorp Company Profile

Blue Foundry Bancorp, Inc (NASDAQ: BLFY) is a bank holding company headquartered in Paramus, New Jersey, serving the Greater New York metropolitan area. Through its wholly owned subsidiary, Blue Foundry Bank, the company offers a full suite of deposit products, including personal and business checking and savings accounts, certificates of deposit, and a robust online and mobile banking platform.

In addition to deposit accounts, Blue Foundry Bancorp provides a range of lending solutions designed for both individual and commercial clients.