Blue Foundry Bancorp $BLFY Shares Purchased by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp increased its stake in shares of Blue Foundry Bancorp (NASDAQ:BLFY) by 198.6% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 64,800 shares of the company’s stock after buying an additional 43,100 shares during the quarter. OMERS ADMINISTRATION Corp owned about 0.31% of Blue Foundry Bancorp worth $858,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Chicago Capital Management LLC boosted its holdings in shares of Blue Foundry Bancorp by 639.9% in the first quarter. Chicago Capital Management LLC now owns 146,012 shares of the company’s stock valued at $1,933,000 after buying an additional 126,278 shares during the period. ABC Arbitrage SA acquired a new stake in shares of Blue Foundry Bancorp during the fourth quarter worth $2,496,000. Two Sigma Investments LP acquired a new stake in shares of Blue Foundry Bancorp during the third quarter worth $105,000. Squarepoint Ops LLC lifted its position in Blue Foundry Bancorp by 19.5% in the 3rd quarter. Squarepoint Ops LLC now owns 54,074 shares of the company’s stock valued at $492,000 after acquiring an additional 8,830 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its position in Blue Foundry Bancorp by 72.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 4,066 shares of the company’s stock valued at $37,000 after acquiring an additional 1,713 shares in the last quarter. Institutional investors and hedge funds own 56.52% of the company’s stock.

Blue Foundry Bancorp Price Performance

Shares of NASDAQ BLFY opened at $13.24 on Friday. The company has a fifty day moving average price of $13.24 and a 200 day moving average price of $13.26. The firm has a market cap of $274.88 million, a PE ratio of -28.78 and a beta of 0.55. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.96. Blue Foundry Bancorp has a 1-year low of $7.61 and a 1-year high of $14.74.

About Blue Foundry Bancorp

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.