Dimensional Fund Advisors LP lifted its position in New York Community Bancorp, Inc. (NYSE:NYCB) by 2.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 13,246,393 shares of the financial services provider’s stock after purchasing an additional 266,956 shares during the quarter. Dimensional Fund Advisors LP’s holdings in New York Community Bancorp were worth $139,748,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Advisor Partners LLC boosted its holdings in shares of New York Community Bancorp by 83.9% in the 3rd quarter. Advisor Partners LLC now owns 19,721 shares of the financial services provider’s stock worth $163,000 after purchasing an additional 8,998 shares during the period. California State Teachers Retirement System increased its stake in shares of New York Community Bancorp by 1.9% during the third quarter. California State Teachers Retirement System now owns 788,132 shares of the financial services provider’s stock valued at $6,518,000 after buying an additional 14,694 shares during the period. First Trust Advisors LP increased its position in New York Community Bancorp by 175.7% during the 4th quarter. First Trust Advisors LP now owns 1,598,477 shares of the financial services provider’s stock valued at $16,864,000 after purchasing an additional 1,018,731 shares during the period. Credit Suisse AG increased its holdings in New York Community Bancorp by 2.2% during the fourth quarter. Credit Suisse AG now owns 621,763 shares of the financial services provider’s stock valued at $6,559,000 after buying an additional 13,546 shares during the period. Finally, AQR Capital Management LLC raised its position in shares of New York Community Bancorp by 299.5% in the 3rd quarter. AQR Capital Management LLC now owns 68,200 shares of the financial services provider’s stock worth $564,000 after acquiring an additional 51,128 shares in the last quarter. Hedge funds and other institutional investors own 50.77% of the company’s stock.

NYCB stock opened at $12.54 on Thursday. The company has a debt-to-equity ratio of 2.52, a quick ratio of 1.39 and a current ratio of 1.39. The firm has a market cap of $5.84 billion, a P/E ratio of 14.93, a PEG ratio of 1.03 and a beta of 1.07. New York Community Bancorp, Inc. has a 1 year low of $7.72 and a 1 year high of $13.23. The stock’s 50 day moving average price is $12.25 and its 200 day moving average price is $10.29.

New York Community Bancorp (NYSE:NYCB) last released its earnings results on Tuesday, January 26th. The financial services provider reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.26 by $0.13. New York Community Bancorp had a net margin of 23.07% and a return on equity of 6.69%. The firm had revenue of $322.95 million during the quarter, compared to the consensus estimate of $313.05 million. During the same period in the previous year, the firm earned $0.20 earnings per share. On average, research analysts predict that New York Community Bancorp, Inc. will post 0.89 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 16th. Stockholders of record on Saturday, February 6th were paid a $0.17 dividend. The ex-dividend date was Thursday, February 4th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 5.42%. New York Community Bancorp’s dividend payout ratio (DPR) is presently 88.31%.

In related news, Director Ronald A. Rosenfeld acquired 5,000 shares of New York Community Bancorp stock in a transaction that occurred on Tuesday, February 9th. The stock was acquired at an average price of $10.63 per share, for a total transaction of $53,150.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 3.31% of the company’s stock.

A number of research analysts have issued reports on NYCB shares. Morgan Stanley upped their price target on shares of New York Community Bancorp from $13.00 to $14.00 and gave the company an “equal weight” rating in a research note on Wednesday, March 24th. Compass Point upgraded shares of New York Community Bancorp from a “neutral” rating to a “buy” rating and set a $13.00 price objective for the company in a research report on Friday, January 15th. B. Riley upped their price target on shares of New York Community Bancorp from $15.00 to $16.00 and gave the stock a “buy” rating in a research report on Monday, March 29th. TheStreet raised shares of New York Community Bancorp from a “c+” rating to a “b” rating in a research note on Tuesday, December 15th. Finally, UBS Group cut New York Community Bancorp from a “buy” rating to a “neutral” rating and cut their price target for the company from $13.00 to $11.00 in a report on Friday, February 5th. Six analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company has an average rating of “Buy” and an average target price of $12.04.

About New York Community Bancorp

New York Community Bancorp, Inc operates as a bank holding company for New York Community Bank that provides banking products and services in Metro New York, New Jersey, Ohio, Florida, and Arizona. The company offers various deposit products, including interest-bearing checking and money market, savings, non-interest-bearing, and individual retirement accounts, as well as certificates of deposit.

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

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