New York Community Bancorp Inc (NYSE:NYCB) Quarterly Sentiment Change Report

Marco Green
June 25, 2017

I.G. Investment Management LTD. now owns 973,800 shares of the financial services provider's stock worth $15,493,000 after buying an additional 35,000 shares during the period. The firm has a market capitalization of $6.21 billion, a PE ratio of 13.37 and a beta of 0.58. The stock traded at a volume of 3.36 million shares.

The stock decreased 1.05% or $0.05 on June 22, reaching $4.7. It has underperformed by 27.12% the S&P500. However, if the MS shares go below $44.13 then it would indicate a much weaker market for the company. First Tru Advsr LP holds 0.01% of its portfolio in New York Community Bancorp, Inc. Volume in the last session has decreased compared with MS's average trading volume. Rhumbline Advisers invested in 1.03M shares.

Among 11 analysts covering New York Community Bancorp Inc.

The Target Price for New York Community Bancorp (NYSE:NYCB) is $13.9/share according to the consensus analysis of analysts working on the stock. It has underperformed by 30.27% the S&P500. Equities research analysts forecast that New York Community Bancorp will post $0.82 EPS for the current year. While in the same Quarter Previous year, the Actual EPS was $0.26. This translates into $97.08 million profit for NYCB giving the stock a 15.86 P/E. Morgan Stanley upped their price objective on shares of New York Community Bancorp from $13.50 to $14.00 and gave the stock an "equal weight" rating in a report on Tuesday, June 6th. Grimes & Communication Incorporated reported 0.05% in New York Community Bancorp, Inc.

09/10/2015 - New York Community Bancorp, Inc. had its "hold" rating reiterated by analysts at Deutsche Bank. Therefore 27% are positive. Panagora Asset reported 0% of its portfolio in New York Community Bancorp, Inc.

COPYRIGHT VIOLATION WARNING: "New York Community Bancorp, Inc". Keefe Bruyette & Woods maintained the shares of NYCB in report on Friday, May 26 with "Hold" rating. (NYSE:NYCB) earned "Sector Perform" rating by RBC Capital Markets on Thursday, January 28.

Investors wait New York Community Bancorp, Inc. The rating was upgraded by Sandler O'Neill to "Buy" on Monday, November 2.

Insider Trades for New York Community Bancorp Inc. show that the latest trade was made on 21 May 2017 where Wann (Robert), the Chief Operating Officer completed a transaction type "Buy" in which 4362 shares were traded at a price of $13.12. (NYSE:NYCB) has "Neutral" rating given on Friday, October 7 by Wedbush. The rating was downgraded by FBR Capital to "Underperform" on Friday, October 30. They use historic price data to observe stock price patterns to predict the direction of that price going forward. Peel Hunt maintained it with "Hold" rating and GBX 3100 target in Thursday, January 7 report. The firm has "Underperform" rating by FBR Capital given on Friday, April 7.

Investors sentiment increased to 1.13 in 2016 Q4. Its up 0.05, from 1.08 in 2016Q3. 40 funds opened positions while 125 raised stakes. Kempner Management Inc has invested 0.13% in New York Community Bancorp, Inc. Finally, Capital International Inc. Federated Pa holds 233,015 shares. Fmr Ltd Com reported 0.02% in Dillard's, Inc. Alecta Pensionsforsakring Omsesidigt purchased a new position in New York Community Bancorp during the first quarter valued at $53,086,000. (NYSE:NYCB). M&T National Bank Corporation reported 0.02% of its portfolio in New York Community Bancorp, Inc. New York Community Bancorp Inc now has $6.18 billion valuation. (NYSE:NYCB). Shell Asset Mngmt reported 32,344 shares stake. The New York-based Dalton Greiner Hartman Maher & Co has invested 1.08% in the stock.

12/20/2016 - New York Community Bancorp, Inc. was downgraded to "neutral" by analysts at Bank of America Merrill Lynch. (NYSE:NYCB). Whittier has invested 0% in New York Community Bancorp, Inc. The share price is now down -8.85% for the past three months. It also increased its holding in Mts Sys Corp (NASDAQ:MTSC) by 19,955 shares in the quarter, for a total of 169,395 shares, and has risen its stake in Merck & Co Inc (NYSE:MRK). Kempen Capital Management N.V. owns 1.37 million shares or 2.73% of their U.S. portfolio. Ftb Advisors Inc reported 4,614 shares.

Weighted Alpha is used to calculate how much a share has gone up or down over a certain period, normally a year. The ex-dividend date was set for Thursday the 4th of May 2017. Its down 0.16, from 1.09 in 2016Q3. Fjarde Ap reported 133,604 shares. Kbc Grp Nv stated it has 5,111 shares or 0% of all its holdings. Kanaly Tru holds 1,107 shares. (NYSE:DDS). Northwestern Mutual Wealth Communication invested in 0% or 558 shares.

Revenue per share is 2.88. Dreman Value Mgmt L L C reported 7,490 shares. (NYSE:NYCB) for 62,302 shares. Payden Rygel accumulated 600 shares.

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