fifaxa

AE Wealth Administration LLC diminished its stake in shares of New York Neighborhood Bancorp, Inc. (NYSE:NYCB – Get Score ) by 30.1% through the 4th quarter, in line with its most up-to-date 13F submitting with the Securities and Change Fee. The fund owned 28,809 shares of the monetary companies supplier’s inventory after promoting 12,386 shares through the quarter. AE Wealth Administration LLC’s holdings in New York Neighborhood Bancorp had been price $248,000 on the finish of the newest quarter.

Purchase THIS inventory earlier than Taiwan is attacked (From behind the markets)

Quite a lot of different institutional buyers and hedge funds additionally just lately made modifications to their positions in NYCB. Bessemer Group Inc. acquired a brand new place in New York Neighborhood Bancorp through the third quarter valued at $25,000. TFC Monetary Administration bought a brand new place in shares of New York Neighborhood Bancorp through the third quarter valued at roughly $26,000. Point72 Hong Kong Ltd acquired a brand new place in shares of New York Neighborhood Bancorp through the 2nd quarter valued at roughly $27,000. Quadrant Capital Group LLC raised its stake in New York Neighborhood Bancorp by 181.0% within the third quarter. Quadrant Capital Group LLC now owns 3,347 shares of the monetary companies supplier’s inventory valued at $29,000 after buying an extra 2,156 shares through the interval. Lastly, TCI Wealth Advisors Inc. raised its holdings in New York Neighborhood Bancorp by 48.4% through the third quarter. TCI Wealth Advisors Inc. now owns 5,752 shares of the monetary companies supplier’s inventory valued at $49,000 after shopping for an extra 1,877 shares over the past quarter. Institutional buyers personal 63.17% of the corporate’s inventory.

New York Neighborhood Bancorp Buying and selling Up 2.8%

Shares of New York Neighborhood Bancorp inventory traded up $0.24 throughout noon buying and selling on Friday, reaching $8.85. The corporate had a buying and selling quantity of 9,387,024 shares, in comparison with a median quantity of 14,622,949. The corporate has a market cap of $6.04 billion, a PE ratio of 6.89, a P/E/G ratio of 0.82 and a beta of 1.06. The inventory has a fifty day transferring common of $9.04 and a 200 day transferring common of $9.03. The corporate has a debt-to-equity ratio of two.56, a present ratio of 1.22, and a fast ratio of 1.20. New York Neighborhood Bancorp, Inc. it has a fifty-two week low of $5.81 and a fifty-two week excessive of $11.18.

New York Neighborhood Bancorp (NYSE:NYCB – Get Score ) final issued its earnings outcomes on Tuesday, January thirty first. The monetary companies supplier reported $0.25 earnings per share for the quarter, lacking analysts’ consensus estimates of $0.27 by ($0.02). The enterprise had income of $577.00 million through the quarter, in comparison with the consensus estimate of $410.71 million. New York Neighborhood Bancorp had a return on fairness of 9.32% and a web margin of 27.79%. On common, equities analysts count on that New York Neighborhood Bancorp, Inc. will put up 1.14 earnings per share for the present yr.

New York Neighborhood Bancorp proclaims dividend

The enterprise additionally just lately introduced a quarterly dividend, which was paid on Thursday, February sixteenth. Buyers of file on Monday, February sixth got a dividend of $0.17 per share. The ex-dividend date was Friday, February third. This represents an annualized dividend of $0.68 and a dividend yield of seven.68%. New York Neighborhood Bancorp’s payout ratio is at present 54.40%.

Insider Shopping for and Promoting

In different New York Neighborhood Bancorp information, EVP Reginald E. Davis bought 4,600 shares of New York Neighborhood Bancorp inventory in a transaction on Tuesday, February seventh. The shares had been bought at a median worth of $9.97, for a complete worth of $45,862.00. Following the completion of the sale, the chief vp now instantly owns 123,033 shares within the firm, valued at $1,226,639.01. The transaction was disclosed in a authorized submitting with the SEC, which is on the market on the SEC’s web site. In associated information, EVP Reginald E. Davis bought 4,600 shares of New York Neighborhood Bancorp inventory in a transaction on Tuesday, February seventh. The shares had been bought at a median worth of $9.97, for a complete worth of $45,862.00. Following the completion of the sale, the chief vp now owns 123,033 shares within the firm, valued at roughly $1,226,639.01. The transaction was disclosed in a authorized submitting with the SEC, which is accessible by the SEC’s web site. Additionally, Director Marshall Lux acquired 5,000 shares of the inventory in a transaction on Friday, February third. The shares had been acquired at a median worth of $10.05 per share, for a complete transaction of $50,250.00. Following the acquisition, the director now owns 17,000 shares within the firm, valued at roughly $170,850. Disclosure for this buy may be discovered right here. 1.58% of the share belongs to non-public people.

Analysts set new worth targets

Quite a lot of brokerages just lately weighed in on NYCB. StockNews.com assumed protection on New York Neighborhood Bancorp in a analysis word on Thursday, March sixteenth. They set a “maintain” ranking on the inventory. UBS Group boosted their worth goal on shares of New York Neighborhood Bancorp from $10.00 to $11.50 and gave the inventory a “purchase” ranking in a analysis report on Tuesday. Credit score Suisse Group boosted their goal worth on shares of New York Neighborhood Bancorp from $10.00 to $11.00 and gave the corporate a “impartial” ranking in a analysis report on Tuesday. Stephens upgraded shares of New York Neighborhood Bancorp from an “underweight” ranking to an “equal weight” ranking and set a $8.50 worth goal on the inventory in a analysis report on Friday, December ninth. Lastly, Piper Sandler minimize their worth goal on New York Neighborhood Bancorp from $14.00 to $11.00 and set an “chubby” ranking for the corporate in a analysis report on Monday, December fifth. Six funding analysts have rated the inventory with a maintain ranking, 5 have issued a purchase ranking and one has issued a powerful purchase ranking to the inventory. New York Neighborhood Bancorp at present has a consensus ranking of “Average Purchase” and a consensus goal worth of $10.50, based mostly on knowledge from MarketBeat.

New York Neighborhood Bancorp Profile

(Get Score)

New York Neighborhood Bancorp, Inc is a financial institution holding firm engaged in offering multifamily loans in non-luxury rent-regulated buildings with below-market rents. It additionally gives monetary services to people and companies. The corporate was based on July 20, 1993 and is headquartered in Westbury, New York.

learn extra

Wish to see what different hedge funds are holding NYCB? Go to HoldingsChannel.com to get the newest 13F filings and insider buying and selling data for New York Neighborhood Bancorp, Inc. (NYSE:NYCB – Get Score ).

This immediate information alert is powered by narrative science expertise and monetary knowledge from MarketBeat to supply readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial group previous to publication. Ship any questions or feedback about this story to contact@marketbeat.com.

Earlier than you contemplate New York Neighborhood Bancorp, you will need to hear.

MarketBeat tracks Wall Avenue’s high and finest performing analysis analysts every day and the shares they suggest to their purchasers. MarketBeat recognized the 5 shares high analysts are quietly whispering to their purchasers to purchase now earlier than the broader market catches on … and New York Neighborhood Bancorp wasn’t on the record.

Whereas New York Neighborhood Bancorp at present has a “Average Purchase” ranking amongst analysts, high analysts imagine these 5 shares are higher buys.

See the 5 shares right here