New York Community Bancorp (NYCB) : Jnba Financial Advisors added new position in New York Community Bancorp during the most recent quarter end. The investment management firm now holds 167,561 shares of New York Community Bancorp which is valued at $2,603,898 , the company said in a statement filed on Nov 14, 2016 with the SEC.New York Community Bancorp makes up approximately 0.39% of Jnba Financial Advisors’s portfolio.
Other Hedge Funds, Including , Blackrock Institutional Trust Company N.a. reduced its stake in NYCB by selling 111,189 shares or 0.78% in the most recent quarter. The Hedge Fund company now holds 14,213,194 shares of NYCB which is valued at $198,700,452. New York Community Bancorp makes up approx 0.03% of Blackrock Institutional Trust Company N.a.’s portfolio.Blackrock Japan Ltd boosted its stake in NYCB in the latest quarter, The investment management firm added 27,266 additional shares and now holds a total of 717,089 shares of New York Community Bancorp which is valued at $10,024,904. New York Community Bancorp makes up approx 0.03% of Blackrock Japan Ltd’s portfolio.Hourglass Capital reduced its stake in NYCB by selling 19,333 shares or 3.26% in the most recent quarter. The Hedge Fund company now holds 573,762 shares of NYCB which is valued at $7,906,440. New York Community Bancorp makes up approx 2.05% of Hourglass Capital’s portfolio.Karpas Strategies boosted its stake in NYCB in the latest quarter, The investment management firm added 7 additional shares and now holds a total of 15,622 shares of New York Community Bancorp which is valued at $221,832. New York Community Bancorp makes up approx 0.11% of Karpas Strategies’s portfolio.
New York Community Bancorp opened for trading at $15.7 and hit $15.93 on the upside on Monday, eventually ending the session at $15.87, with a gain of 0.95% or 0.15 points. The heightened volatility saw the trading volume jump to 41,03,425 shares. Company has a market cap of $7,730 M.
On the company’s financial health, New York Community Bancorp reported $0.26 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Oct 26, 2016. Analyst had a consensus of $0.27.Analysts expectations of $ 370.53.During the same quarter in the previous year, the company posted $0.28 EPS.
Many Wall Street Analysts have commented on New York Community Bancorp. Wedbush Initiated New York Community Bancorp on Oct 7, 2016 to “Neutral”, Price Target of the shares are set at $15.
New York Community Bancorp Inc. is a multi-bank holding company and has two primary subsidiaries: New York Community Bank (Community Bank) and New York Commercial Bank (Commercial Bank). The Community Bank is a New York State-chartered savings bank with 242 branches that operates through seven local divisions. The Community Bank is a producer of multi-family loans in New York City. In addition to multi-family loans it originates commercial real estate loans (primarily in New York City as well as Long Island and New Jersey) and to a much lesser extent acquisition development and construction (ADC) loans and commercial and industrial (C&I) loans. The Commercial Bank is a New York State-chartered commercial bank with 30 branches in Manhattan Queens Brooklyn Westchester County and Long Island including 18 that operate under the name Atlantic Bank. The Commercial Bank offers 24-hour banking online and by phone.