Magyar Bancorp Inc (NASDAQ:MGYR) Move as Institutional Investors’ Sentiment Improved

Magyar Bancorp, Inc. (NASDAQ:MGYR) Logo

Sentiment for Magyar Bancorp Inc (NASDAQ:MGYR)

Magyar Bancorp Inc (NASDAQ:MGYR) institutional sentiment increased to 2 in Q2 2019. Its up 1.00, from 1 in 2019Q1. The ratio is positive, as 4 hedge funds increased and opened new positions, while 2 sold and decreased positions in Magyar Bancorp Inc. The hedge funds in our partner’s database now hold: 710,220 shares, up from 707,592 shares in 2019Q1. Also, the number of hedge funds holding Magyar Bancorp Inc in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 1 Increased: 3 New Position: 1.

Magyar Bancorp, Inc. operates as the bank holding firm for Magyar Bank that provides various banking services and products for families and businesses in Central New Jersey. The company has market cap of $69.85 million. The Company’s product portfolio includes various deposit products, such as demand, NOW, money market, savings, and retirement accounts, as well as certificates of deposit; and loan products comprising one-to four-family residential mortgage loans, multi-family and commercial real estate mortgage loans, home equity loans and lines of credit, commercial business loans, small business administration loans, and construction loans, as well as consumer loans, which primarily include secured demand loans. It has a 24.64 P/E ratio. The firm also provides non-deposit investment products and financial planning services, including insurance products, fixed and variable annuities, and retirement planning for individual and commercial customers; and investment securities.

The stock decreased 1.48% or $0.18 during the last trading session, reaching $12. About 202 shares traded. Magyar Bancorp, Inc. (NASDAQ:MGYR) has 0.00% since September 13, 2018 and is . It has by 0.00% the S&P500.

Pl Capital Advisors Llc holds 1.92% of its portfolio in Magyar Bancorp, Inc. for 539,833 shares. Bank Of America Corp De owns 7 shares or 0% of their US portfolio. Moreover, Blackrock Inc. has 0% invested in the company for 714 shares. The Texas-based Dimensional Fund Advisors Lp has invested 0% in the stock. First Manhattan Co, a New York-based fund reported 22,939 shares.

More important recent Magyar Bancorp, Inc. (NASDAQ:MGYR) news were published by: which released: “Magyar Bancorp, Inc. Announces First Quarter Financial Results – PRNewswire” on January 24, 2019, also published article titled: “Magyar Bancorp (NASDAQ:MGYR) Shareholders Have Enjoyed A 49% Share Price Gain – Yahoo Finance”, published: “Do Magyar Bancorp’s (NASDAQ:MGYR) Earnings Warrant Your Attention? – Yahoo Finance” on July 17, 2019. More interesting news about Magyar Bancorp, Inc. (NASDAQ:MGYR) was released by: and their article: “Magyar Bancorp, Inc. Announces Second Quarter Financial Results – PRNewswire” with publication date: April 23, 2019.

Magyar Bancorp, Inc. (NASDAQ:MGYR) Institutional Positions Chart

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