New York Community Bancorp, (NYCB) Stake Increased by Texas Permanent School Fund

Postado Agosto 13, 2017

Pacer Advisors Inc. increased its stake in New York Community Bancorp by 3.1% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 12,989 shares of the financial services provider's stock worth $170,000 after buying an additional 506 shares during the last quarter. The correct version of this report can be read at https://baseballnewssource.com/markets/first-heartland-consultants-inc-cuts-stake-in-new-york-community-bancorp-inc-nycb-updated/1344412.html.

(NYSE:NYCB) belongs to Financial sector, other than individual factors many other macro and micro factors also effects whole sector and industries. New York Community Bancorp, Inc. Massachusetts Financial Services Co. Mn Services Vermogensbeheer B.V. increased its stake in New York Community Bancorp by 4.1% in the first quarter.

As of the end of the quarter Teachers Advisors, LLC had disposed of 18,842 shares trimming its position 2.8%. The Putnam Investments Llc holds 1.22 million shares with $39.97 million value, up from 547,175 last quarter.

New York Community Bancorp, Inc is a multi-bank holding company. The fund owned 199,452 shares of the financial services provider's stock after buying an additional 59,000 shares during the period. World Asset Management Inc's holdings in New York Community Bancorp were worth $439,000 as of its most recent filing with the SEC.

ILLEGAL ACTIVITY WARNING: "New York Community Bancorp, Inc". 4,009,044 shares of the company's stock traded hands. Capstone Asset Management Co. now owns 42,587 shares of the financial services provider's stock worth $595,000 after buying an additional 960 shares during the period. New York Community Bancorp, Inc. has a 52 week low of $12.17 and a 52 week high of $17.68.

Whereas its latest closing price kept its distance from the SMA20 at -4.95% and -5.76% from SMA 50 while it was Bearish -14.14% from the simple moving average price of 200 days. The company has market cap of $6.02 billion.

New York Community Bancorp (NYSE:NYCB) previously released its periodic earnings reports on early Wed, Jul 26th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.03. The company had revenue of $338.21 million during the quarter, compared to the consensus estimate of $326.36 million. Hartford Investment Management acquired a new position in New York Community Bancorp through out the Fiscal Q2 valued about $138,000. During the same quarter previous 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 outstanding. Additionally the company announced a dividend to be paid on Friday August 18th, 2017. Investors of record on Monday, August 7th will be given a $0.17 dividend. The ex-dividend date is set for Thursday the 3rd of August 2017. This represents a $0.68 annualized dividend and a yield of 5.56%. If you are reading this piece of content on another publication, it was copied illegally and reposted in violation of United States and worldwide copyright & trademark laws. "(NYCB) Stake Boosted by Benjamin F. Edwards & Company Inc." was first posted by StockNewsTimes and is the sole property of of StockNewsTimes.

NYCB has been the topic of a number of recent research reports. Keefe, Bruyette & Woods reissued a "hold" rating and set a $13.50 price objective on shares of New York Community Bancorp in a research note on Wednesday, April 26th. ValuEngine upgraded New York Community Bancorp from a "hold" rating to a "buy" rating in a report on Thursday, May 11th. Finally, Morgan Stanley lifted their price objective on shares of New York Community Bancorp from $13.50 to $14.00 and gave the stock an "equal weight" rating in a report on Tuesday, June 6th. New York Community Bancorp, Inc. Two investment analysts have rated the stock with a sell rating and ten have issued a hold rating to the stock.

10/07/2016 - Wedbush began new coverage on New York Community Bancorp, Inc. giving the company a "neutral" rating. The Company operates through its subsidiaries, New York Community Bank (the Community Bank) and New York Commercial Bank (the Commercial Bank) (collectively, the Banks). Bank Of New York Mellon stated it has 359,393 shares. The Company's operations are divided into two segments: Banking Operations and Residential Mortgage Banking.