Sheaff Brock Investment Advisors LLC raised its position in shares of New York Community Bancorp, Inc. (NYSE:NYCB) by 45.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 30,253 shares of the financial services provider’s stock after acquiring an additional 9,519 shares during the quarter. Sheaff Brock Investment Advisors LLC’s holdings in New York Community Bancorp were worth $390,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of NYCB. Pacer Advisors Inc. boosted its position in New York Community Bancorp by 8.3% during the second quarter. Pacer Advisors Inc. now owns 10,168 shares of the financial services provider’s stock valued at $134,000 after acquiring an additional 779 shares during the last quarter. Sigma Planning Corp bought a new stake in New York Community Bancorp during the second quarter valued at $135,000. BB&T Securities LLC bought a new stake in New York Community Bancorp during the second quarter valued at $135,000. Hartford Investment Management Co. bought a new position in shares of New York Community Bancorp during the 2nd quarter worth about $138,000. Finally, Brown Advisory Inc. bought a new position in shares of New York Community Bancorp during the 3rd quarter worth about $146,000. 58.50% of the stock is currently owned by institutional investors and hedge funds.

A number of research firms have recently issued reports on NYCB. ValuEngine raised shares of New York Community Bancorp from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Zacks Investment Research cut shares of New York Community Bancorp from a “hold” rating to a “sell” rating in a research report on Thursday, November 23rd. BidaskClub raised shares of New York Community Bancorp from a “sell” rating to a “hold” rating in a research report on Wednesday, November 15th. FBR & Co reissued a “sell” rating on shares of New York Community Bancorp in a research report on Wednesday, October 25th. Finally, Piper Jaffray Companies reissued a “sell” rating and set a $11.00 price objective on shares of New York Community Bancorp in a research report on Tuesday, October 24th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company. New York Community Bancorp presently has a consensus rating of “Hold” and an average price target of $12.45.

New York Community Bancorp, Inc. (NYCB) traded down $0.14 during mid-day trading on Wednesday, hitting $13.49. 5,079,700 shares of the stock were exchanged, compared to its average volume of 4,044,653. The company has a market cap of $6,665.81, a PE ratio of 15.67 and a beta of 0.59. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 1.98. New York Community Bancorp, Inc. has a one year low of $11.67 and a one year high of $17.68.

New York Community Bancorp (NYSE:NYCB) last released its quarterly earnings data on Wednesday, October 25th. The financial services provider reported $0.21 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.17 by $0.04. New York Community Bancorp had a net margin of 24.22% and a return on equity of 7.17%. The company had revenue of $385.27 million for the quarter, compared to analysts’ expectations of $313.64 million. During the same quarter in the prior year, the firm earned $0.26 EPS. research analysts forecast that New York Community Bancorp, Inc. will post 0.68 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 21st. Investors of record on Tuesday, November 7th were given a $0.17 dividend. The ex-dividend date of this dividend was Monday, November 6th. This represents a $0.68 annualized dividend and a yield of 5.04%. New York Community Bancorp’s payout ratio is 78.16%.

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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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