New York Community Bancorp (NYCB) Getting Positive News Coverage, Analysis Finds

Geronimo Vena
Agosto 13, 2017

Rhumbline Advisers invested 0.04% in New York Community Bancorp, Inc. (NYSE:NYCB) by 6.3% during the second quarter, according to its most recent filing with the SEC. Institutional investors own 58.67% of the company's stock.

(NYSE:NYCB) belongs to Financial sector, other than individual factors many other macro and micro factors also effects whole sector and industries. As of quarter end Schroder Investment Management Group had sold a total of 286,174 shares trimming its holdings by 28.6%. Tcw Group Inc owns 1,319,494 shares with a value of $17,325,000.

In the latest trading session on 08/10/2017, New York Community Bancorp, Inc. Nationwide Fund Advisors owns 854,595 shares valued at $11,221,000. Nationwide Fund Advisors raised its position in New York Community Bancorp by 0.6% in the first quarter. Alecta Pensionsforsakring Omsesidigt now owns 10,500,000 shares of the financial services provider's stock worth $137,865,000 after buying an additional 6,700,000 shares during the period. Renaissance Technologies LLC boosted its stake in New York Community Bancorp by 8.0% in the first quarter.

Stocks of New York Community Bancorp, (NYCB) declined 0.853% throughout intraday market trading on early Friday, reaching $12.205. Finally, Capstone Asset Management Co. raised its position in shares of New York Community Bancorp by 2.3% in the first quarter. 4,009,117 shares of the company were exchanged. Oregon Employees Retirement Fund owns 0.06% invested in New York Community Bancorp, Inc. To sum up all these views, NYCB attains Median consensus rating in current rating pool. FBR & Co dropped their target price on shares of New York Community Bancorp from $13.00 to $12.00 and set an "underperform" rating on the stock in a report on Thursday, April 27th. Zacks Investment Research raised shares of New York Community Bancorp from a "sell" rating to a "hold" rating in a report on Tuesday, August 1st. The firm has a market cap of $5.98 billion, a PE ratio of 13.31 and a beta of 0.58. (NYSE:NYCB). Moreover, Element Capital Lc has 0.24% invested in New York Community Bancorp, Inc. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.19 by $0.03. Moreover, State Of Alaska Department Of Revenue has 0.16% invested in New York Community Bancorp, Inc. Brokerage firms anticipate that New York Community Bancorp, to post $0.83 EPS for the present financial year. Equities research analysts forecast that New York Community Bancorp, Inc. will post $0.83 earnings per share for the current fiscal year. The ex-dividend date is Thursday, August 3rd. This represents a $0.68 annualized dividend and a dividend yield of 5.56%. New York Community Bancorp has a payout ratio of 82.9% meaning its dividend is now covered by earnings, but may not be in the future if the company's earnings fall. If you are reading this story on another site, it was stolen and reposted in violation of US & global copyright and trademark law. DnB Asset Management AS's holdings in New York Community Bancorp were worth $473,000 at the end of the most recent reporting period. BidaskClub downgraded New York Community Bancorp from a "sell" rating to a "strong sell" rating in a research note on Thursday, June 22nd.

06/04/2015 - Piper Jaffray began new coverage on New York Community Bancorp, Inc. giving the company a "underweight" rating. Morgan Stanley controls 316,118 shares worth $4,151,000. ValuEngine lowered shares of New York Community Bancorp from a "buy" rating to a "hold" rating in a research note on Friday, June 2nd. Finally, Keefe, Bruyette & Woods restated a "hold" rating and issued a $13.50 target price on shares of New York Community Bancorp in a research report on Wednesday, April 26th. Two investment analysts have rated the stock with a sell rating and ten have issued a hold rating to the stock. The company has an average rating of "Hold" and a consensus price target of $14.46. The Company's News and Information Services segment consists primarily of Dow Jones, News Corp Australia, News UK, the New York Post and News America Marketing. The Firm operates through its subsidiaries, New York Community Bank and New York Commercial Bank (the Commercial Bank) (collectively, the Banks). The Company's activities are divided into two divisions: Banking Operations and Residential Mortgage Banking.

Altre relazioni OverNewsmagazine

Discuti questo articolo

SEGUI I NOSTRI GIORNALE