Advisor Group Inc. trimmed its holdings in New York Community Bancorp, Inc. (NYSE:NYCB) by 4.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 124,785 shares of the financial services provider’s stock after selling 6,460 shares during the period. Advisor Group Inc.’s holdings in New York Community Bancorp were worth $1,607,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in NYCB. Pacer Advisors Inc. raised its position in shares of New York Community Bancorp by 8.3% in the second quarter. Pacer Advisors Inc. now owns 10,168 shares of the financial services provider’s stock valued at $134,000 after buying an additional 779 shares in the last quarter. Sigma Planning Corp acquired a new stake in shares of New York Community Bancorp in the second quarter valued at approximately $135,000. BB&T Securities LLC acquired a new stake in shares of New York Community Bancorp in the second quarter valued at approximately $135,000. Hartford Investment Management Co. acquired a new stake in shares of New York Community Bancorp in the second quarter valued at approximately $138,000. Finally, Sapphire Star Partners LP acquired a new stake in shares of New York Community Bancorp in the third quarter valued at approximately $155,000. Institutional investors own 57.88% of the company’s stock.

New York Community Bancorp, Inc. (NYCB) opened at $12.71 on Friday. New York Community Bancorp, Inc. has a 1 year low of $11.67 and a 1 year high of $17.68. The company has a market cap of $6,190.00, a P/E ratio of 14.91 and a beta of 0.57. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.41 and a current ratio of 1.41.

New York Community Bancorp (NYSE:NYCB) last announced its quarterly earnings results on Wednesday, October 25th. The financial services provider reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.04. The company had revenue of $385.27 million during the quarter, compared to the consensus estimate of $313.64 million. New York Community Bancorp had a net margin of 24.22% and a return on equity of 7.17%. During the same period in the prior year, the business earned $0.26 earnings per share. equities research analysts anticipate that New York Community Bancorp, Inc. will post 0.68 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 21st. Stockholders of record on Tuesday, November 7th will be issued a dividend of $0.17 per share. The ex-dividend date of this dividend is Monday, November 6th. This represents a $0.68 annualized dividend and a dividend yield of 5.35%. New York Community Bancorp’s dividend payout ratio (DPR) is presently 78.16%.

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A number of equities research analysts have recently weighed in on NYCB shares. 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. BidaskClub upgraded shares of New York Community Bancorp from a “strong sell” rating to a “sell” rating in a research report on Wednesday, August 2nd. Piper Jaffray Companies set a $11.00 price objective on shares of New York Community Bancorp and gave the company a “sell” rating in a research report on Thursday, August 17th. Finally, Barclays PLC lowered their price objective on shares of New York Community Bancorp from $14.00 to $12.00 and set an “equal weight” rating for the company in a research report on Wednesday, October 11th. Two equities research analysts have rated the stock with a sell rating and nine have issued a hold rating to the company’s stock. New York Community Bancorp presently has a consensus rating of “Hold” and an average target price of $12.45.

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.

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

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