Oddo BHF Asset Management Sas purchased a new position in shares of Blue Foundry Bancorp (NASDAQ:BLFY – Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 50,964 shares of the company’s stock, valued at approximately $674,000. Oddo BHF Asset Management Sas owned about 0.25% of Blue Foundry Bancorp as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. BNP Paribas Financial Markets increased its position in shares of Blue Foundry Bancorp by 72.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 4,066 shares of the company’s stock valued at $37,000 after purchasing an additional 1,713 shares during the last quarter. Tower Research Capital LLC TRC lifted its position in Blue Foundry Bancorp by 257.8% in the 2nd quarter. Tower Research Capital LLC TRC now owns 5,156 shares of the company’s stock worth $49,000 after buying an additional 3,715 shares during the last quarter. Royal Bank of Canada boosted its stake in Blue Foundry Bancorp by 19.3% in the fourth quarter. Royal Bank of Canada now owns 4,605 shares of the company’s stock worth $57,000 after buying an additional 744 shares in the last quarter. Sei Investments Co. purchased a new stake in Blue Foundry Bancorp in the second quarter worth approximately $96,000. Finally, Two Sigma Investments LP purchased a new stake in Blue Foundry Bancorp in the third quarter worth approximately $105,000. 56.52% of the stock is currently owned by hedge funds and other institutional investors.
Blue Foundry Bancorp Stock Performance
BLFY stock opened at $13.24 on Friday. The company has a market capitalization of $274.88 million, a PE ratio of -28.78 and a beta of 0.55. Blue Foundry Bancorp has a one year low of $7.61 and a one year high of $14.74. The company’s 50 day moving average price is $13.24 and its two-hundred day moving average price is $13.26. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.17 and a current ratio of 1.17.
Blue Foundry Bancorp 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.
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