AlphaMark Advisors LLC boosted its position in New York Community Bancorp, Inc. (NYSE:NYCB) by 21.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 249,224 shares of the financial services provider’s stock after buying an additional 44,077 shares during the period. New York Community Bancorp makes up 1.4% of AlphaMark Advisors LLC’s investment portfolio, making the stock its 26th largest position. AlphaMark Advisors LLC owned about 0.05% of New York Community Bancorp worth $3,272,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of NYCB. Great West Life Assurance Co. Can increased its position in New York Community Bancorp by 1.8% in the first quarter. Great West Life Assurance Co. Can now owns 550,030 shares of the financial services provider’s stock worth $7,680,000 after buying an additional 9,720 shares during the period. Geneva Advisors LLC purchased a new position in New York Community Bancorp during the first quarter worth $274,000. Canada Pension Plan Investment Board increased its position in New York Community Bancorp by 299.6% in the first quarter. Canada Pension Plan Investment Board now owns 793,780 shares of the financial services provider’s stock worth $11,089,000 after buying an additional 595,138 shares during the period. Oxbow Advisors LLC purchased a new position in New York Community Bancorp during the first quarter worth $320,000. Finally, Oregon Public Employees Retirement Fund increased its position in New York Community Bancorp by 1.5% in the first quarter. Oregon Public Employees Retirement Fund now owns 170,363 shares of the financial services provider’s stock worth $2,380,000 after buying an additional 2,482 shares during the period. Hedge funds and other institutional investors own 57.50% of the company’s stock.

New York Community Bancorp, Inc. (NYCB) traded up 0.08% during trading on Wednesday, reaching $12.00. The company had a trading volume of 402,865 shares. The stock has a market capitalization of $5.87 billion, a P/E ratio of 13.06 and a beta of 0.58. New York Community Bancorp, Inc. has a 12-month low of $11.83 and a 12-month high of $17.68. The stock has a 50 day moving average of $12.70 and a 200-day moving average of $13.50.

New York Community Bancorp (NYSE:NYCB) last issued its quarterly earnings data on Wednesday, July 26th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.19 by $0.03. New York Community Bancorp had a net margin of 25.67% and a return on equity of 7.46%. The company had revenue of $338.21 million for the quarter, compared to the consensus estimate of $326.36 million. During the same period last year, the firm posted $0.26 EPS. On average, analysts forecast that New York Community Bancorp, Inc. will post $0.79 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 18th. Shareholders of record on Monday, August 7th were given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 5.67%. The ex-dividend date of this dividend was Thursday, August 3rd. New York Community Bancorp’s payout ratio is currently 73.91%.

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A number of research firms have weighed in on NYCB. BidaskClub upgraded New York Community Bancorp from a “strong sell” rating to a “sell” rating in a report on Tuesday, June 13th. Morgan Stanley restated an “equal weight” rating and issued a $13.75 price target (down previously from $14.00) on shares of New York Community Bancorp in a research note on Friday, July 7th. Zacks Investment Research upgraded New York Community Bancorp from a “sell” rating to a “hold” rating in a research note on Tuesday, August 1st. ValuEngine upgraded New York Community Bancorp from a “hold” rating to a “buy” rating in a research note on Thursday, May 11th. Finally, Piper Jaffray Companies set a $11.00 price target on New York Community Bancorp and gave the stock a “sell” rating in a research note on Thursday, August 17th. Three investment analysts have rated the stock with a sell rating and ten have given a hold rating to the company. New York Community Bancorp has an average rating of “Hold” and a consensus target price of $14.03.

New York Community Bancorp Company Profile

New York Community Bancorp, Inc is a multi-bank holding company. The Company operates through its subsidiaries, New York Community Bank (the Community Bank) and New York Commercial Bank (the Commercial Bank) (collectively, the Banks). The Company’s operations are divided into two segments: Banking Operations and Residential Mortgage Banking.

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

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