Dimensional Fund Advisors Lp Marginally Increases Its Stake in First of Long Isla (FLIC) Last Quarter

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First of Long Isla (NASDAQ:FLIC).

Dimensional Fund Advisors Lp bought 34,381 shares in quarter ending 09/30/2017 increasing its holdings in First of Long Isla by 9.3%. Its stake was worth $12,268,000 an increase of $1,729,000 as of quarter end.

Dimensional Fund Advisors Lp isn’t the only one who has changed their investment in FLIC. As of quarter end Wasatch Advisors Inc had acquired 68,262 shares growing its stake by 12.4%. The value of the investment in First of Long Isla went from $15,682,000 to $18,775,000 a change of $3,093,000 quarter to quarter. As of the end of the quarter Citigroup Inc had sold a total of 1,292 shares trimming its position 98.6%. The value of the investment in FLIC decreased from $37,000 to $1,000 a change of 97.3% for the reporting period.

As of the end of the quarter California State Teachers Retirement System had sold a total of 4,188 shares trimming its holdings by 10.1%. The value of the company’s investment in First of Long Isla went from $1,183,000 to $1,132,000 decreasing 4.3% quarter over quarter.

The company is trading up by 1.40% since yesterday’s close of 28.6. The P/E ratio is 19.34 and market cap is 714.30M. As of the last earnings report the EPS was $1.50 with 24.63M shares outstanding.

Short traders are feeling a little more bullish on shares of First of Long Isla as evidenced by the fall in short interest. The firm recorded a fall in short interest of -2.43% between September 29, 2017 and October 13, 2017. Short shares decreased 5,168 over that timeframe. Days to cover increased from 4.0 to 6.0 and the short interest percentage is 0.01% as of October 13.

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