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Sentiment for Oritani Financial Corp (NASDAQ:ORIT)

Oritani Financial Corp (NASDAQ:ORIT) institutional sentiment increased to 1.23 in Q1 2019. Its up 0.13, from 1.1 in 2018Q4. The ratio has improved, as 58 investment professionals increased or opened new stock positions, while 47 cut down and sold holdings in Oritani Financial Corp. The investment professionals in our partner’s database now hold: 29.70 million shares, up from 28.73 million shares in 2018Q4. Also, the number of investment professionals holding Oritani Financial Corp in their top 10 stock positions 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 $781.98 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 14.57 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 increased 0.35% or $0.06 during the last trading session, reaching $17.34. About 168,993 shares traded. Oritani Financial Corp. (NASDAQ:ORIT) has risen 11.01% since July 21, 2018 and is uptrending. It has outperformed by 6.58% the S&P500.

Analysts await Oritani Financial Corp. (NASDAQ:ORIT) to report earnings on July, 23. They expect $0.27 earnings per share, down 10.00 % or $0.03 from last year’s $0.3 per share. ORIT’s profit will be $12.18 million for 16.06 P/E if the $0.27 EPS becomes a reality. After $0.28 actual earnings per share reported by Oritani Financial Corp. for the previous quarter, Wall Street now forecasts -3.57 % 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: Nasdaq.com which released: “Earnings Preview: Oritani Financial (ORIT) Q4 Earnings Expected to Decline – Nasdaq” on July 16, 2019, also Nasdaq.com with their article: “TowerJazz Expands its Leading-Edge High Voltage Low RDSON Power Platform – Nasdaq” published on June 17, 2019, Finance.Yahoo.com published: “Hedge Funds Have Never Been More Bullish On Ameresco Inc (AMRC) – Yahoo Finance” on June 29, 2019. More interesting news about Oritani Financial Corp. (NASDAQ:ORIT) were released by: Prnewswire.com and their article: “Shareholder Alert: Ademi & O’Reilly, LLP Investigates whether Oritani Financial Corp. has obtained a Fair Price in its sale to Valley National Bancorp – PRNewswire” published on June 26, 2019 as well as Globenewswire.com‘s news article titled: “Oritani Financial Corp. Announces Dividend and 2nd Quarter Results – GlobeNewswire” with publication date: January 24, 2019.

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

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