Sentiment for Flushing Financial Corp (NASDAQ:FFIC)
Flushing Financial Corp (NASDAQ:FFIC) institutional sentiment increased to 1.06 in Q2 2019. Its up 0.03, from 1.03 in 2019Q1. The ratio improved, as 38 hedge funds increased and opened new positions, while 36 sold and decreased holdings in Flushing Financial Corp. The hedge funds in our partner’s database reported: 21.33 million shares, down from 21.55 million shares in 2019Q1. Also, the number of hedge funds holding Flushing Financial Corp in their top 10 positions was flat from 1 to 1 for the same number . Sold All: 1 Reduced: 35 Increased: 29 New Position: 9.
Flushing Financial Corporation operates as the bank holding firm for Flushing Bank that provides banking services and products primarily to consumers, businesses, and governmental units. The company has market cap of $590.18 million. The firm offers various deposit products, including checking and savings accounts, money market accounts, demand accounts, NOW accounts, and certificates of deposit. It has a 14.72 P/E ratio. The Company’s loan portfolio comprises mortgage loans secured by multi-family residential, commercial real estate, one-to-four family mixed-use property, one-to-four family residential property, and commercial business loans; construction loans; small business administration loans and other small business loans; mortgage loan surrogates, such as mortgage-backed securities; the United States government securities, corporate fixed-income securities, and other marketable securities; and consumer loans, including overdraft lines of credit.
The stock increased 0.82% or $0.17 during the last trading session, reaching $20.96. About 34,385 shares traded. Flushing Financial Corporation (NASDAQ:FFIC) has declined 19.94% since December 4, 2018 and is downtrending. It has underperformed by 19.94% the S&P500.
Teton Advisors Inc. holds 1.43% of its portfolio in Flushing Financial Corporation for 665,572 shares. Kestrel Investment Management Corp owns 107,775 shares or 1.13% of their US portfolio. Moreover, Alphaone Investment Services Llc has 0.41% invested in the company for 23,833 shares. The Massachusetts-based Frontier Capital Management Co Llc has invested 0.4% in the stock. Martin & Co Inc Tn, a Tennessee-based fund reported 60,818 shares.
Since January 1, 0001, it had 2 buys, and 0 insider sales for $7,654 activity.
More notable recent Flushing Financial Corporation (NASDAQ:FFIC) news were published by: Globenewswire.com which released: “Flushing Financial Corporation to Host First Quarter 2019 Earnings Call – GlobeNewswire” on March 29, 2019, also Globenewswire.com with their article: “Flushing Financial Corporation to Acquire Empire Bancorp, Inc. – GlobeNewswire” published on October 25, 2019, Globenewswire.com published: “Flushing Bank Investment Grade Ratings Affirmed by Kroll Bond Rating Agency, Inc. – GlobeNewswire” on November 07, 2018. More interesting news about Flushing Financial Corporation (NASDAQ:FFIC) were released by: Globenewswire.com and their article: “SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Sale of Empire Bancorp, Inc. to Flushing Financial Corporation is Fair to Shareholders – GlobeNewswire” published on October 28, 2019 as well as Finance.Yahoo.com‘s news article titled: “Do You Like Flushing Financial Corporation (NASDAQ:FFIC) At This P/E Ratio? – Yahoo Finance” with publication date: August 22, 2019.
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