Fjarde AP Fonden Fourth Swedish National Pension Fund grew its position in New York Community Bancorp, Inc. (NYSE:NYCB) by 23.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 155,131 shares of the financial services provider’s stock after purchasing an additional 29,495 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in New York Community Bancorp were worth $2,037,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Pacer Advisors Inc. raised its holdings in shares of New York Community Bancorp by 3.1% in the first quarter. Pacer Advisors Inc. now owns 9,389 shares of the financial services provider’s stock valued at $131,000 after purchasing an additional 284 shares during the last quarter. Quantbot Technologies LP purchased a new stake in shares of New York Community Bancorp in the first quarter valued at about $140,000. Sigma Planning Corp purchased a new stake in shares of New York Community Bancorp in the second quarter valued at about $135,000. BB&T Securities LLC purchased a new stake in shares of New York Community Bancorp in the second quarter valued at about $135,000. Finally, Hartford Investment Management Co. purchased a new stake in shares of New York Community Bancorp in the second quarter valued at about $138,000. Institutional investors own 57.50% of the company’s stock.

Several analysts have recently commented on the stock. BidaskClub upgraded shares of New York Community Bancorp from a “strong sell” rating to a “sell” rating in a report on Tuesday, June 13th. Morgan Stanley restated an “equal weight” rating and set a $13.75 price target (down previously from $14.00) on shares of New York Community Bancorp in a research report on Friday, July 7th. Zacks Investment Research upgraded shares of New York Community Bancorp from a “sell” rating to a “hold” rating in a research report on Tuesday, August 1st. ValuEngine upgraded shares of New York Community Bancorp from a “hold” rating to a “buy” rating in a research report on Thursday, May 11th. Finally, Piper Jaffray Companies set a $11.00 price target on shares of New York Community Bancorp and gave the company a “sell” rating in a research report on Thursday, August 17th. Three analysts have rated the stock with a sell rating and ten have issued a hold rating to the company. The company presently has an average rating of “Hold” and an average price target of $14.03.

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New York Community Bancorp, Inc. (NYSE NYCB) opened at 12.12 on Monday. The firm’s 50-day moving average is $12.55 and its 200-day moving average is $13.40. New York Community Bancorp, Inc. has a 12 month low of $11.83 and a 12 month high of $17.68. The company has a market cap of $5.93 billion, a price-to-earnings ratio of 13.19 and a beta of 0.59.

New York Community Bancorp (NYSE:NYCB) last released its quarterly earnings results on Wednesday, July 26th. The financial services provider reported $0.22 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.19 by $0.03. New York Community Bancorp had a net margin of 25.67% and a return on equity of 7.46%. The firm had revenue of $338.21 million during the quarter, compared to analyst estimates of $326.36 million. During the same quarter in the prior year, the firm earned $0.26 EPS. On average, analysts anticipate that New York Community Bancorp, Inc. will post $0.79 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, August 18th. Stockholders of record on Monday, August 7th were given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 5.61%. The ex-dividend date was Thursday, August 3rd. New York Community Bancorp’s payout ratio is currently 73.91%.

New York Community Bancorp Company Profile

New York Community Bancorp, Inc is a multi-bank holding company. The Company operates through its subsidiaries, New York Community Bank (the Community Bank) and New York Commercial Bank (the Commercial Bank) (collectively, the Banks). The Company’s operations are divided into two segments: Banking Operations and Residential Mortgage Banking.

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Institutional Ownership by Quarter for New York Community Bancorp (NYSE:NYCB)

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