Oritani Financial Corp (NASDAQ:ORIT) Institutional Investors 2019 Q1 Sentiment

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Sentiment for Oritani Financial Corp (NASDAQ:ORIT)

Oritani Financial Corp (NASDAQ:ORIT) institutional sentiment increased to 1.23 in 2019 Q1. Its up 0.13, from 1.1 in 2018Q4. The ratio increased, as 58 hedge funds opened new or increased holdings, while 47 sold and reduced their stock positions in Oritani Financial Corp. The hedge funds in our partner’s database now have: 29.70 million shares, up from 28.73 million shares in 2018Q4. Also, the number of hedge funds holding Oritani Financial Corp in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 10 Reduced: 37 Increased: 39 New Position: 19.

Oritani Financial Corp. operates as a savings and loan holding firm for Oritani Bank that provides various banking services for individual and corporate clients in the United States. The company has market cap of $743.20 million. It accepts a range of deposit products, including non-interest and interest-bearing demand and NOW checking accounts, money market deposit accounts, savings accounts, retirement accounts, and time deposits. It has a 13.97 P/E ratio. The firm also provides residential commercial real estate loans comprising mortgage loans secured by apartment buildings; commercial real estate loans, including mortgage loans secured by retail anchor shopping centers, commercial offices, retail space, warehouses, and mixed-use buildings; and residential real estate loans, such as one to four family residential real property and home equity loans.

The stock decreased 1.73% or $0.29 during the last trading session, reaching $16.48. About 171,351 shares traded. Oritani Financial Corp. (NASDAQ:ORIT) has risen 12.86% since August 16, 2018 and is uptrending. It has outperformed by 12.86% the S&P500.

Analysts await Oritani Financial Corp. (NASDAQ:ORIT) to report earnings on November, 4. They expect $0.26 EPS, down 13.33 % or $0.04 from last year’s $0.3 per share. ORIT’s profit will be $11.73M for 15.85 P/E if the $0.26 EPS becomes a reality. After $0.29 actual EPS reported by Oritani Financial Corp. for the previous quarter, Wall Street now forecasts -10.34 % negative EPS growth.

Rbo & Co Llc holds 0.83% of its portfolio in Oritani Financial Corp. for 208,013 shares. Systematic Financial Management Lp owns 237,555 shares or 0.14% of their US portfolio. Moreover, Oberweis Asset Management Inc has 0.12% invested in the company for 37,120 shares. The New York-based Teton Advisors Inc. has invested 0.1% in the stock. Bokf Na, a Oklahoma-based fund reported 225,270 shares.

More notable recent Oritani Financial Corp. (NASDAQ:ORIT) news were published by: Finance.Yahoo.com which released: “SHAREHOLDER ALERT: Rigrodsky & Long, PA Reminds Investors of Investigations of the Following Mergers – Yahoo Finance” on July 16, 2019, also Globenewswire.com with their article: “Shareholder Investigation Alert: Halper Sadeh LLP is Investigating Whether the Sale of These Companies is Fair to Shareholders – CZR, RTEC, ORIT, GWR – GlobeNewswire” published on August 14, 2019, Nasdaq.com published: “TowerJazz, Cadence and Lumerical Deliver Silicon-Photonics and SiGe- Integrated PDK with a Complete Optical Transceiver Design Environment – Nasdaq” on July 10, 2019. More interesting news about Oritani Financial Corp. (NASDAQ:ORIT) were released by: Benzinga.com and their article: “Companies That Achieved 52-Week Highs Friday – Benzinga” published on July 26, 2019 as well as Finance.Yahoo.com‘s news article titled: “ORITANI FINANCIAL CORP. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Merger – Yahoo Finance” with publication date: June 26, 2019.

Oritani Financial Corp. (NASDAQ:ORIT) Institutional Positions Chart

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