(NYSE:NYCB) by 42.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 36,027 shares of the financial services provider's stock at the end of the second quarter.
Many other investment firms and many large funds also modified to their stake in NYCB.
Shares of New York Community Bancorp (NYSE NYCB) traded down 0.73% during midday trading on Friday, reaching $12.22. Vanguard Group Inc. now owns 39,860,379 shares of the financial services provider's stock worth $556,850,000 after buying an additional 1,759,241 shares during the last quarter. Sigma Planning Corp bought a new stake in shares of New York Community Bancorp during the second quarter valued at approximately $135,000. Nationwide Fund Advisors claims 854,595 shares worth $11,221,000. DnB Asset Management AS raised its position in New York Community Bancorp by 25.4% in the first quarter. BlackRock Inc. now owns 51,206,275 shares of the financial services provider's stock worth $715,351,000 after buying an additional 50,446,961 shares during the last quarter. Finally, Capstone Asset Management Co. raised its position in shares of New York Community Bancorp by 2.3% in the first quarter. Nationwide Fund Advisors augmented its position by buying 30,487 shares an increase of 3.7% from 03/31/2017 to 06/30/2017. Forte Capital LLC ADV now owns 27,765 shares of the financial services provider's stock worth $388,000 after buying an additional 1,050 shares during the period. New England Rech & Mngmt Inc invested in 16,000 shares. To cut down amount of noise on price chart, shares of firm has 20 days moving average price of -4.95% from last close price of 12.31 and act as support or resistance of price limit. The company has market cap of $6.02 billion.
In recent trade, New York Community Bancorp, Inc.
New York Community Bancorp (NYSE:NYCB) last issued its quarterly earnings data on Wednesday, July 26th. 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. Hartford Investment Management acquired a new position in New York Community Bancorp through out the Fiscal Q2 valued about $138,000. The business had revenue of $338.21 million for the quarter, compared to analysts' expectations of $326.36 million. During the same quarter past year, the company earned $0.26 earnings per share. In the latest earnings report the EPS was $0.92 and is expected to be $0.83 for the current year with 489,023,000 shares presently outstanding.
The company also recently declared a quarterly dividend, which will be paid on Friday, August 18th. Stockholders of record on Monday, August 7th will be paid a $0.17 dividend. The dividend payment will be $0.170 per share for the quarter or $0.68 annualized. The firm has "Neutral" rating given on Thursday, August 20 by Sterne Agee CRT.
World Asset Management Inc raised its position in New York Community Bancorp, Inc. FBR & Co reduced their target price on the stock of New York Community Bancorp from $13.00 to $12.00 and fixed an "underperform" recommendation for The corporation in a study analysis published on early Thur, Apr 27th. "(NYCB) Stake Boosted by Benjamin F. Edwards & Company Inc." was first posted by StockNewsTimes and is the sole property of of StockNewsTimes. If you are reading this story on another site, it was copied illegally and reposted in violation of USA and global copyright law. Louisiana State Employees Retirement System raised its position in New York Community Bancorp by 2.4% in the first quarter.
NYCB has been the subject of a number of research analyst reports. Finally, BidaskClub raised shares of New York Community Bancorp from a "strong sell" rating to a "sell" rating in a research report on Tuesday, June 13th. Miles holds 0.61% of its portfolio in New York Community Bancorp, Inc. The stock has a 50 day moving average price of $12.97 and a 200 day moving average price of $13.74. Keefe, Bruyette & Woods reiterated a "hold" rating and set a $13.50 price target on shares of New York Community Bancorp in a report on Wednesday, April 26th.
04/05/2017 - Stephens began new coverage on New York Community Bancorp, Inc. giving the company a "equal-weight" rating. Two equities research analysts have rated the stock with a sell rating and ten have issued a hold rating to the company. The stock now has an average rating of "Hold" and a consensus price target of $14.46. The Company operates through its subsidiaries, New York Community Bank (the Community Bank) and New York Commercial Bank (the Commercial Bank) (collectively, the Banks).