Valley National Bancorp (NYSE:VLY) Shifting Institutional Investors Sentiment

Marco Green
April 16, 2018

About 222,691 shares traded. Its up 11.49% from 11.10 million shares previously. ValuEngine raised Valley National Bancorp from a "hold" rating to a "buy" rating in a report on Thursday, March 1st. Commercial Bank Of Mellon has invested 0.01% in Valley National Bancorp (NYSE:VLY).

Valley National Bancorp (VLY) deteriorated -1.31% to strike $12.09 in the Friday trading session. VLY underperformed the S&P 500 by 4.59%.

Analysts expect Time Warner Inc. The financial services provider reported $0.18 earnings per share for the quarter, beating analysts' consensus estimates of $0.17 by $0.01. About 957,622 shares traded. (NASDAQ:MDRX) has declined 6.63% since April 15, 2017 and is downtrending. The firm has a market cap of $4,052.51, a PE ratio of 17.52 and a beta of 0.90. The company operates through Commercial Lending, Consumer Lending, and Investment Management segments. It has a 21.1 P/E ratio. Its deposit products include non-interest bearing, savings, NOW, and money market deposits, as well as certificates of deposit. Piper Jaffray reaffirmed a "buy" rating and issued a $14.00 target price on shares of Valley National Bancorp in a report on Monday, January 29th. Traditionally, RSI readings greater than the 70 level are considered to be in overbought territory, and RSI readings lower than the 30 level are considered to be in oversold territory. NY now owns 382,669 shares of the financial services provider's stock valued at $3,490,000 after buying an additional 25,628 shares during the period. Valley National Bancorp had 24 analyst reports since August 19, 2015 according to SRatingsIntel. The company was maintained on Monday, May 29 by Keefe Bruyette & Woods. One analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company. As per Friday, March 16, the company rating was maintained by Piper Jaffray. The stock of Valley National Bancorp (NYSE:VLY) earned "Buy" rating by Piper Jaffray on Monday, January 29. Valley National Bancorp (NYSE:VLY) has risen 6.96% since April 13, 2017 and is uptrending. Valley National Bancorp earned a news sentiment score of 0.08 on Accern's scale.

Investors sentiment decreased to 0.93 in Q4 2017. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.01. The ratio is negative due to Valley National Bancorp positioning: 23 sold and 67 reduced. 84 grew stakes while 33 funds amassed stakes. 165.19 million shares or 1.26% less from 167.29 million shares in 2017Q3 were reported. Lenox Wealth Management reported 1,100 shares. Sprucegrove Inv Management Limited holds 0.54% of its portfolio in Valley National Bancorp (NYSE:VLY) for 840,400 shares. Another trade for 15,000 shares valued at $213,840 was sold by Poulton Richard J. The insider Black Paul sold $215,292. Thrivent For Lutherans reported 57,675 shares. Wellington Group Incorporated Ltd Liability Partnership owns 18.87M shares or 0.06% of their U.S. portfolio. Nationwide Fund Advisors now owns 687,027 shares of the financial services provider's stock valued at $8,279,000 after acquiring an additional 11,747 shares in the last quarter. Raymond James Financial Services Advisors Inc.'s holdings in Valley National Bancorp were worth $533,000 at the end of the most recent quarter. Brown Advisory accumulated 26,100 shares. Snow Cap Management Lp invested in 12,758 shares or 0.01% of the stock. California Public Employees Retirement System increased its position in Valley National Bancorp by 1.3% during the 3rd quarter. The stock trades on a P/S of 1.68, which suggests that the shares are attractive compared with peers.

Among 40 analysts covering Time Warner Inc. Additionally, VLY had a day price range of $12.04 to $12.37. Therefore 45% are positive.

WARNING: This report was first reported by and is owned by of On Thursday, August 27 the stock rating was downgraded by Zacks to "Hold". Needham maintained the stock with "Hold" rating in Monday, September 25 report. The stock of Allscripts Healthcare Solutions, Inc. The firm earned "Buy" rating on Tuesday, June 6 by Robert W. Baird. The company was maintained on Thursday, September 29 by Jefferies. They just need to take the company's market capitalization and divide it by the company's total sales over the past 12 months. Its up 0.15, from 0.76 in 2017Q3. It dived, as 31 investors sold WOR shares while 71 reduced holdings. 122 funds opened positions while 265 raised stakes. Geode Capital Limited Co has invested 0.01% in Worthington Industries, Inc. During the same period in the previous year, the firm posted $0.01 earnings per share. Sg Americas Lc invested in 0.01% or 122,344 shs. (NYSE:WOR). 737,696 are owned by Aqr Mgmt Ltd Limited Liability Company. Barrett Asset Mngmt Limited Liability Corp holds 27,855 shares or 0.18% of its portfolio. Tower Research Ltd Liability Co (Trc) has invested 0% in Worthington Industries, Inc. Royal State Bank Of Canada invested in 0% or 18,260 shs. (NYSE:WOR) for 6,746 shares. Gemmer Asset Mngmt Llc reported 0% stake. The Oklahoma-based Capital Advisors Inc Ok has invested 0.69% in the stock. (NYSE:TWX). Adage Capital Prtn Ltd holds 0.4% or 1.96M shares in its portfolio. The insider BARR WILLIAM P sold $390,647. Farley Brian also sold $68,629 worth of Allscripts Healthcare Solutions, Inc. (NYSE:TWX) on Thursday, December 14. The classification of companies into different caps also allows investors to gauge the growth versus risk potential. It operates through three divisions: Turner, Home Box Office, and Warner Bros.

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