Two Sigma Advisers LP grew its holdings in Dime Community Bancshares, Inc. (NASDAQ:DCOM) by 48.9% during the 4th quarter, Holdings Channel reports. The firm owned 17,963 shares of the savings and loans company’s stock after purchasing an additional 5,900 shares during the period. Two Sigma Advisers LP’s holdings in Dime Community Bancshares were worth $376,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Deutsche Bank AG boosted its stake in shares of Dime Community Bancshares by 83.6% in the 4th quarter. Deutsche Bank AG now owns 148,330 shares of the savings and loans company’s stock valued at $3,106,000 after purchasing an additional 67,530 shares during the last quarter. BlueCrest Capital Management Ltd bought a new position in shares of Dime Community Bancshares in the 4th quarter valued at about $391,000. Amundi Pioneer Asset Management Inc. bought a new position in shares of Dime Community Bancshares in the 4th quarter valued at about $1,405,000. Kennedy Capital Management Inc. boosted its stake in shares of Dime Community Bancshares by 108.9% in the 4th quarter. Kennedy Capital Management Inc. now owns 285,798 shares of the savings and loans company’s stock valued at $5,987,000 after purchasing an additional 148,973 shares during the last quarter. Finally, Salzhauer Michael bought a new position in shares of Dime Community Bancshares in the 4th quarter valued at about $629,000. 72.86% of the stock is currently owned by institutional investors.

Dime Community Bancshares stock opened at $18.85 on Friday. Dime Community Bancshares, Inc. has a fifty-two week low of $17.75 and a fifty-two week high of $22.65. The company has a market cap of $704.72, a P/E ratio of 14.61 and a beta of 0.72. The company has a debt-to-equity ratio of 2.14, a quick ratio of 1.31 and a current ratio of 1.31.

Dime Community Bancshares (NASDAQ:DCOM) last released its quarterly earnings data on Thursday, January 25th. The savings and loans company reported $0.34 earnings per share for the quarter, hitting the consensus estimate of $0.34. Dime Community Bancshares had a net margin of 22.21% and a return on equity of 8.30%. The business had revenue of $52.44 million for the quarter. analysts expect that Dime Community Bancshares, Inc. will post 1.45 EPS for the current fiscal year.

Several research analysts recently weighed in on DCOM shares. BidaskClub raised shares of Dime Community Bancshares from a “strong sell” rating to a “sell” rating in a research note on Thursday, March 8th. Barclays lifted their price objective on shares of Dime Community Bancshares from $21.00 to $22.00 and gave the stock an “underweight” rating in a research note on Tuesday, January 2nd. Sandler O’Neill reissued a “buy” rating and set a $22.00 price objective on shares of Dime Community Bancshares in a research note on Monday, March 26th. Keefe, Bruyette & Woods reissued a “hold” rating and set a $20.00 price objective on shares of Dime Community Bancshares in a research note on Tuesday, February 27th. Finally, ValuEngine lowered shares of Dime Community Bancshares from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the stock. Dime Community Bancshares has a consensus rating of “Hold” and an average target price of $21.63.

In related news, EVP Stuart H. Lubow bought 2,300 shares of the company’s stock in a transaction on Thursday, February 1st. The shares were purchased at an average cost of $19.25 per share, for a total transaction of $44,275.00. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Steven D. Cohn sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, February 2nd. The stock was sold at an average price of $19.21, for a total transaction of $192,100.00. Following the sale, the director now owns 81,990 shares in the company, valued at $1,575,027.90. The disclosure for this sale can be found here. Insiders have purchased a total of 4,300 shares of company stock worth $81,980 in the last three months. 7.30% of the stock is owned by insiders.

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Dime Community Bancshares Profile

Dime Community Bancshares, Inc operates as the holding company for Dime Community Bank that provides commercial banking and financial services in New York. It offers deposit products, such as savings, money market, and interest bearing and non-interest bearing checking accounts, as well as certificates of deposit.

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Institutional Ownership by Quarter for Dime Community Bancshares (NASDAQ:DCOM)

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