Tredje AP fonden reduced its stake in shares of New York Community Bancorp, Inc. (NYSE:NYCB) by 27.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 122,222 shares of the financial services provider’s stock after selling 45,730 shares during the period. Tredje AP fonden’s holdings in New York Community Bancorp were worth $1,575,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Shufro Rose & Co. LLC increased its stake in shares of New York Community Bancorp by 26.3% in the third quarter. Shufro Rose & Co. LLC now owns 25,900 shares of the financial services provider’s stock worth $334,000 after purchasing an additional 5,400 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of New York Community Bancorp by 6.6% in the third quarter. Dimensional Fund Advisors LP now owns 5,661,277 shares of the financial services provider’s stock worth $72,973,000 after purchasing an additional 350,267 shares during the period. Brown Advisory Inc. bought a new position in shares of New York Community Bancorp in the third quarter worth about $146,000. Schwab Charles Investment Management Inc. increased its stake in shares of New York Community Bancorp by 2.6% in the third quarter. Schwab Charles Investment Management Inc. now owns 1,609,074 shares of the financial services provider’s stock worth $20,741,000 after purchasing an additional 40,852 shares during the period. Finally, Legal & General Group Plc increased its stake in shares of New York Community Bancorp by 4.8% in the third quarter. Legal & General Group Plc now owns 2,699,577 shares of the financial services provider’s stock worth $34,801,000 after purchasing an additional 123,639 shares during the period. Institutional investors own 58.50% of the company’s stock.

A number of research firms have recently commented on NYCB. BidaskClub upgraded New York Community Bancorp from a “sell” rating to a “hold” rating in a research note on Tuesday, September 26th. Piper Jaffray Companies reiterated a “sell” rating and issued a $11.00 price objective on shares of New York Community Bancorp in a research note on Tuesday, September 19th. FBR & Co reiterated a “sell” rating on shares of New York Community Bancorp in a research note on Wednesday, October 25th. Zacks Investment Research lowered New York Community Bancorp from a “hold” rating to a “sell” rating in a research note on Thursday, November 23rd. Finally, ValuEngine upgraded New York Community Bancorp from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $12.45.

New York Community Bancorp, Inc. (NYSE:NYCB) traded up $0.03 during mid-day trading on Friday, reaching $13.36. The company had a trading volume of 4,257,300 shares, compared to its average volume of 4,038,989. New York Community Bancorp, Inc. has a fifty-two week low of $11.67 and a fifty-two week high of $17.68. The firm has a market capitalization of $6,530.00, a P/E ratio of 15.32 and a beta of 0.59. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 1.98.

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

The company also recently announced a quarterly dividend, which was paid on Tuesday, November 21st. Investors of record on Tuesday, November 7th were given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 5.09%. The ex-dividend date was Monday, November 6th. New York Community Bancorp’s dividend payout ratio (DPR) is presently 78.16%.

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About New York Community Bancorp

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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