Aperio Group LLC decreased its holdings in Dime Community Bancshares, Inc. (NASDAQ:DCOM) by 18.4% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 25,797 shares of the savings and loans company’s stock after selling 5,835 shares during the period. Aperio Group LLC owned approximately 0.07% of Dime Community Bancshares worth $555,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Mutual of America Capital Management LLC boosted its stake in shares of Dime Community Bancshares by 1.0% in the 3rd quarter. Mutual of America Capital Management LLC now owns 224,254 shares of the savings and loans company’s stock valued at $4,821,000 after purchasing an additional 2,298 shares in the last quarter. Dynamic Technology Lab Private Ltd boosted its stake in shares of Dime Community Bancshares by 24.1% in the 2nd quarter. Dynamic Technology Lab Private Ltd now owns 15,822 shares of the savings and loans company’s stock valued at $310,000 after purchasing an additional 3,069 shares in the last quarter. Polaris Capital Management LLC boosted its stake in shares of Dime Community Bancshares by 0.9% in the 2nd quarter. Polaris Capital Management LLC now owns 896,889 shares of the savings and loans company’s stock valued at $17,579,000 after purchasing an additional 7,800 shares in the last quarter. Cornerstone Capital Management Holdings LLC. boosted its stake in shares of Dime Community Bancshares by 10.0% in the 2nd quarter. Cornerstone Capital Management Holdings LLC. now owns 198,235 shares of the savings and loans company’s stock valued at $3,885,000 after purchasing an additional 18,100 shares in the last quarter. Finally, Ulysses Management LLC boosted its stake in shares of Dime Community Bancshares by 241.1% in the 2nd quarter. Ulysses Management LLC now owns 100,000 shares of the savings and loans company’s stock valued at $1,960,000 after purchasing an additional 70,679 shares in the last quarter. 68.47% of the stock is owned by institutional investors.

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Shares of Dime Community Bancshares, Inc. (NASDAQ:DCOM) opened at $21.05 on Friday. The firm has a market cap of $787.75, a price-to-earnings ratio of 16.44 and a beta of 0.83. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 2.27. Dime Community Bancshares, Inc. has a 12-month low of $18.00 and a 12-month high of $22.65.

Dime Community Bancshares (NASDAQ:DCOM) last announced its quarterly earnings results on Thursday, October 26th. The savings and loans company reported $0.33 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.32 by $0.01. The business had revenue of $42.74 million during the quarter. Dime Community Bancshares had a net margin of 16.99% and a return on equity of 8.28%. equities research analysts expect that Dime Community Bancshares, Inc. will post 1.29 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Monday, November 13th. Shareholders of record on Monday, November 6th were given a dividend of $0.14 per share. The ex-dividend date was Friday, November 3rd. This represents a $0.56 annualized dividend and a yield of 2.66%. Dime Community Bancshares’s payout ratio is currently 56.00%.

DCOM has been the subject of several analyst reports. ValuEngine raised shares of Dime Community Bancshares from a “hold” rating to a “buy” rating in a research report on Friday, September 22nd. BidaskClub cut shares of Dime Community Bancshares from a “sell” rating to a “strong sell” rating in a research report on Monday, August 14th. Keefe, Bruyette & Woods reissued a “hold” rating and set a $23.00 price target on shares of Dime Community Bancshares in a research report on Tuesday, October 3rd. Piper Jaffray Companies cut shares of Dime Community Bancshares from an “overweight” rating to a “neutral” rating in a research report on Friday, November 3rd. Finally, Barclays PLC increased their price target on shares of Dime Community Bancshares from $20.00 to $21.00 and gave the company an “underweight” rating in a research report on Wednesday, October 11th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $22.17.

About Dime Community Bancshares

Dime Community Bancshares, Inc operates as a holding company for Dime Community Bank (the Bank), a chartered savings bank. The Company is a unitary savings and loan holding company. The Company operates through Community Banking segment. The Bank’s principal business is gathering retail deposits, and lending them primarily in multifamily residential, commercial real estate and mixed use loans, as well as investing in mortgage-backed securities (MBS), obligations of the United States Government and Government Sponsored Entities (GSEs), and corporate debt and equity securities.

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

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