New York Community Bancorp, Inc. (NYSE:NYCB) saw some unusual options trading on Wednesday. Stock traders bought 3,892 call options on the stock. This is an increase of 1,762% compared to the typical daily volume of 209 call options.

New York Community Bancorp (NYSE:NYCB) opened at $13.64 on Friday. New York Community Bancorp has a 1-year low of $11.67 and a 1-year high of $16.18. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.41 and a quick ratio of 1.41. The firm has a market capitalization of $6,670.00, a PE ratio of 15.68 and a beta of 0.59.

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

NYCB has been the topic of several recent analyst reports. Bank of America raised New York Community Bancorp from a “neutral” rating to a “buy” rating in a research report on Wednesday. FBR & Co reaffirmed a “sell” rating on shares of New York Community Bancorp in a research report on Wednesday, October 25th. Piper Jaffray Companies reaffirmed a “sell” rating and set a $11.00 price objective on shares of New York Community Bancorp in a research report on Tuesday, September 19th. BidaskClub raised New York Community Bancorp from a “sell” rating to a “hold” rating in a research report on Wednesday, November 15th. Finally, Zacks Investment Research raised New York Community Bancorp from a “hold” rating to a “buy” rating and set a $15.00 price objective on the stock in a research report on Friday. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the stock. New York Community Bancorp presently has an average rating of “Hold” and a consensus price target of $13.11.

A number of hedge funds have recently bought and sold shares of NYCB. Schwab Charles Investment Management Inc. lifted its holdings in New York Community Bancorp by 4.7% in the second quarter. Schwab Charles Investment Management Inc. now owns 1,568,222 shares of the financial services provider’s stock valued at $20,591,000 after acquiring an additional 70,973 shares during the period. Prudential Financial Inc. lifted its holdings in New York Community Bancorp by 0.4% in the second quarter. Prudential Financial Inc. now owns 606,768 shares of the financial services provider’s stock valued at $7,967,000 after acquiring an additional 2,150 shares during the period. Pacer Advisors Inc. lifted its holdings in New York Community Bancorp by 8.3% in 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 period. Pacad Investment Ltd. bought a new position in shares of New York Community Bancorp in the second quarter worth about $251,000. Finally, Commonwealth Bank of Australia raised its stake in shares of New York Community Bancorp by 1.5% in the second quarter. Commonwealth Bank of Australia now owns 65,949 shares of the financial services provider’s stock worth $865,000 after buying an additional 1,000 shares during the period. 58.44% of the stock is currently owned by institutional investors.

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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.

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