Park Circle Co Lowers stake in New York Community Bancorp (NYCB)

New York Community Bancorp (NYCB) : Park Circle Co reduced its stake in New York Community Bancorp by 20.87% during the most recent quarter end. The investment management company now holds a total of 91,000 shares of New York Community Bancorp which is valued at $1,344,070 after selling 24,000 shares in New York Community Bancorp , the firm said in a disclosure report filed with the SEC on Jul 21, 2016.New York Community Bancorp makes up approximately 1.00% of Park Circle Co’s portfolio.

Other Hedge Funds, Including , Ibm Retirement Fund reduced its stake in NYCB by selling 298 shares or 0.62% in the most recent quarter. The Hedge Fund company now holds 47,956 shares of NYCB which is valued at $708,310. New York Community Bancorp makes up approx 0.03% of Ibm Retirement Fund’s portfolio.Palladium Partners reduced its stake in NYCB by selling 2,000 shares or 12.5% in the most recent quarter. The Hedge Fund company now holds 14,000 shares of NYCB which is valued at $206,920. New York Community Bancorp makes up approx 0.02% of Palladium Partners’s portfolio.Nisa Investment Advisors boosted its stake in NYCB in the latest quarter, The investment management firm added 30,900 additional shares and now holds a total of 408,120 shares of New York Community Bancorp which is valued at $6,113,638. New York Community Bancorp makes up approx 0.08% of Nisa Investment Advisors’s portfolio.Capstone Asset Management Co boosted its stake in NYCB in the latest quarter, The investment management firm added 220 additional shares and now holds a total of 40,460 shares of New York Community Bancorp which is valued at $602,045. New York Community Bancorp makes up approx 0.02% of Capstone Asset Management Co’s portfolio.

New York Community Bancorp closed down -0.03 points or -0.21% at $14.24 with 65,46,139 shares getting traded on Thursday. Post opening the session at $14.22, the shares hit an intraday low of $14.1025 and an intraday high of $14.35 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, New York Community Bancorp reported $0.26 EPS for the quarter, missing the analyst consensus estimate by $ -0.02 based on the information available during the earnings call on Jul 27, 2016. Analyst had a consensus of $0.28.Analysts expectations of $ 368.16.During the same quarter in the previous year, the company posted $0.28 EPS.

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.

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