20,213 Shares in Prudential Bancorp, Inc. (PBIP) Purchased by ZPR Investment Management

ZPR Investment Management bought a new position in shares of Prudential Bancorp, Inc. (NASDAQ:PBIP) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 20,213 shares of the savings and loans company’s stock, valued at approximately $367,000. ZPR Investment Management owned approximately 0.24% of Prudential Bancorp as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of PBIP. State Street Corp acquired a new stake in shares of Prudential Bancorp during the second quarter worth about $1,516,000. Northern Trust Corp increased its position in shares of Prudential Bancorp by 385.1% during the second quarter. Northern Trust Corp now owns 88,339 shares of the savings and loans company’s stock worth $1,604,000 after purchasing an additional 70,128 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of Prudential Bancorp during the second quarter worth about $460,000. TIAA CREF Investment Management LLC acquired a new stake in shares of Prudential Bancorp during the second quarter worth about $402,000. Finally, Vanguard Group Inc. increased its position in shares of Prudential Bancorp by 4.6% during the second quarter. Vanguard Group Inc. now owns 435,273 shares of the savings and loans company’s stock worth $7,904,000 after purchasing an additional 19,184 shares in the last quarter. Institutional investors and hedge funds own 36.77% of the company’s stock.

Separately, TheStreet upgraded Prudential Bancorp from a “c” rating to a “b” rating in a research report on Monday, August 28th.

Prudential Bancorp, Inc. (NASDAQ:PBIP) traded up 2.39% during mid-day trading on Monday, hitting $18.45. The stock had a trading volume of 376 shares. The stock has a market cap of $166.18 million, a P/E ratio of 92.71 and a beta of -0.04. Prudential Bancorp, Inc. has a one year low of $14.40 and a one year high of $18.96. The company has a 50 day moving average price of $18.26 and a 200 day moving average price of $18.00.

Prudential Bancorp (NASDAQ:PBIP) last issued its quarterly earnings results on Friday, July 28th. The savings and loans company reported $0.25 EPS for the quarter. The company had revenue of $6.68 million for the quarter. On average, equities analysts anticipate that Prudential Bancorp, Inc. will post $0.35 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, September 21st. Stockholders of record on Thursday, September 7th were given a dividend of $0.03 per share. The ex-dividend date was Wednesday, September 6th. This represents a $0.12 annualized dividend and a dividend yield of 0.67%. Prudential Bancorp’s payout ratio is 60.00%.

TRADEMARK VIOLATION WARNING: This report was originally published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this report on another site, it was illegally stolen and republished in violation of United States and international copyright laws. The original version of this report can be read at https://ledgergazette.com/2017/10/09/20213-shares-in-prudential-bancorp-inc-pbip-purchased-by-zpr-investment-management.html.

About Prudential Banc

Several other institutional investors and hedge funds have also recently bought and sold shares of PBIP. State Street Corp acquired a new stake in shares of Prudential Bancorp during the second quarter worth about $1,516,000. Northern Trust Corp increased its position in shares of Prudential Bancorp by 385.1% during the second quarter. Northern Trust Corp now owns 88,339 shares of the savings and loans company’s stock worth $1,604,000 after purchasing an additional 70,128 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of Prudential Bancorp during the second quarter worth about $460,000. TIAA CREF Investment Management LLC acquired a new stake in shares of Prudential Bancorp during the second quarter worth about $402,000. Finally, Vanguard Group Inc. increased its position in shares of Prudential Bancorp by 4.6% during the second quarter. Vanguard Group Inc. now owns 435,273 shares of the savings and loans company’s stock worth $7,904,000 after purchasing an additional 19,184 shares in the last quarter. Institutional investors and hedge funds own 36.77% of the company’s stock.

Separately, TheStreet upgraded Prudential Bancorp from a “c” rating to a “b” rating in a research report on Monday, August 28th.

Prudential Bancorp, Inc. (NASDAQ:PBIP) traded up 2.39% during mid-day trading on Monday, hitting $18.45. The stock had a trading volume of 376 shares. The stock has a market cap of $166.18 million, a P/E ratio of 92.71 and a beta of -0.04. Prudential Bancorp, Inc. has a one year low of $14.40 and a one year high of $18.96. The company has a 50 day moving average price of $18.26 and a 200 day moving average price of $18.00.

Prudential Bancorp (NASDAQ:PBIP) last issued its quarterly earnings results on Friday, July 28th. The savings and loans company reported $0.25 EPS for the quarter. The company had revenue of $6.68 million for the quarter. On average, equities analysts anticipate that Prudential Bancorp, Inc. will post $0.35 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, September 21st. Stockholders of record on Thursday, September 7th were given a dividend of $0.03 per share. The ex-dividend date was Wednesday, September 6th. This represents a $0.12 annualized dividend and a dividend yield of 0.67%. Prudential Bancorp’s payout ratio is 60.00%.

TRADEMARK VIOLATION WARNING: This report was originally published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this report on another site, it was illegally stolen and republished in violation of United States and international copyright laws. The original version of this report can be read at https://ledgergazette.com/2017/10/09/20213-shares-in-prudential-bancorp-inc-pbip-purchased-by-zpr-investment-management.html.

About Prudential Bancorp

Prudential Bancorp, Inc of Pennsylvania is a mid-tier holding company for Prudential Savings Bank (the Bank). The Bank is a wholly owned subsidiary of the Company. Prudential Mutual Holding Company, a Pennsylvania corporation, is the mutual holding company parent of the Company. As of September 30, 2012, Prudential Mutual Holding Company owns 74.6% of the Company.

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Institutional Ownership by Quarter for Prudential Bancorp (NASDAQ:PBIP)

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