Virtu KCG Holdings LLC raised its position in shares of New York Community Bancorp, Inc. (NYSE:NYCB) by 42.0% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 66,252 shares of the financial services provider’s stock after purchasing an additional 19,587 shares during the quarter. Virtu KCG Holdings LLC’s holdings in New York Community Bancorp were worth $870,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. World Asset Management Inc increased its stake in shares of New York Community Bancorp by 0.7% in the second quarter. World Asset Management Inc now owns 33,448 shares of the financial services provider’s stock worth $439,000 after acquiring an additional 246 shares during the period. Pacer Advisors Inc. raised its holdings in shares of New York Community Bancorp by 3.1% during the first quarter. Pacer Advisors Inc. now owns 9,389 shares of the financial services provider’s stock worth $131,000 after purchasing an additional 284 shares during the last quarter. Private Asset Management Inc. raised its holdings in shares of New York Community Bancorp by 0.7% during the second quarter. Private Asset Management Inc. now owns 46,425 shares of the financial services provider’s stock worth $610,000 after purchasing an additional 300 shares during the last quarter. New England Research & Management Inc. raised its holdings in shares of New York Community Bancorp by 1.5% during the second quarter. New England Research & Management Inc. now owns 23,600 shares of the financial services provider’s stock worth $310,000 after purchasing an additional 350 shares during the last quarter. Finally, Utah Retirement Systems raised its holdings in shares of New York Community Bancorp by 0.5% during the second quarter. Utah Retirement Systems now owns 86,959 shares of the financial services provider’s stock worth $1,142,000 after purchasing an additional 400 shares during the last quarter. 57.51% of the stock is currently owned by institutional investors and hedge funds.

Shares of New York Community Bancorp, Inc. (NYSE:NYCB) opened at 12.95 on Wednesday. New York Community Bancorp, Inc. has a one year low of $11.67 and a one year high of $17.68. The stock has a market capitalization of $6.33 billion, a P/E ratio of 14.09 and a beta of 0.58. The company’s 50-day moving average is $12.27 and its 200-day moving average is $12.99.

New York Community Bancorp (NYSE:NYCB) last announced its earnings results on Wednesday, July 26th. The financial services provider reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.03. The company had revenue of $338.21 million for the quarter, compared to the consensus estimate of $326.36 million. New York Community Bancorp had a return on equity of 7.46% and a net margin of 25.67%. During the same period last year, the business posted $0.26 EPS. On average, equities research analysts anticipate that New York Community Bancorp, Inc. will post $0.79 earnings per share for the current year.

NYCB has been the subject of a number of research reports. Zacks Investment Research downgraded shares of New York Community Bancorp from a “hold” rating to a “sell” rating in a research report on Wednesday, September 27th. BidaskClub raised shares of New York Community Bancorp from a “sell” rating to a “hold” rating in a report on Tuesday, September 26th. Piper Jaffray Companies reaffirmed a “sell” rating and set a $11.00 price target on shares of New York Community Bancorp in a research report on Tuesday, September 19th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and set a $13.75 price target (down from $14.00) on shares of New York Community Bancorp in a research report on Friday, July 7th. Three research analysts have rated the stock with a sell rating and ten have issued a hold rating to the stock. The company presently has an average rating of “Hold” and an average price target of $13.61.

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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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