Chicago Capital Management LLC Purchases 126,278 Shares of Blue Foundry Bancorp $BLFY

Chicago Capital Management LLC boosted its position in shares of Blue Foundry Bancorp (NASDAQ:BLFYFree Report) by 639.9% during the 1st quarter, HoldingsChannel.com reports. The firm owned 146,012 shares of the company’s stock after purchasing an additional 126,278 shares during the period. Blue Foundry Bancorp makes up about 0.0% of Chicago Capital Management LLC’s holdings, making the stock its 25th biggest holding. Chicago Capital Management LLC’s holdings in Blue Foundry Bancorp were worth $1,933,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Glazer Capital LLC purchased a new position in Blue Foundry Bancorp in the 4th quarter worth approximately $11,945,000. First Trust Capital Management L.P. purchased a new stake in Blue Foundry Bancorp during the 4th quarter valued at $7,486,000. ABC Arbitrage SA bought a new stake in shares of Blue Foundry Bancorp in the 4th quarter worth $2,496,000. Arrowstreet Capital Limited Partnership bought a new stake in shares of Blue Foundry Bancorp in the 2nd quarter worth $1,290,000. Finally, Tudor Investment Corp ET AL purchased a new position in shares of Blue Foundry Bancorp in the fourth quarter worth $1,209,000. 56.52% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Blue Foundry Bancorp in a research note on Friday, March 27th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

Check Out Our Latest Stock Report on BLFY

Blue Foundry Bancorp Price Performance

Shares of NASDAQ:BLFY opened at $13.24 on Friday. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.96. The stock has a market capitalization of $274.88 million, a PE ratio of -28.78 and a beta of 0.55. The firm’s 50 day moving average price is $13.24 and its 200-day moving average price is $13.19. Blue Foundry Bancorp has a twelve month low of $7.61 and a twelve month high of $14.74.

Blue Foundry Bancorp Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Blue Foundry Bancorp (NASDAQ:BLFY)

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