New York Community Bancorp, Inc. (NYCB) Shares Sold by Sheaff Brock Investment Advisors LLC

Sheaff Brock Investment Advisors LLC trimmed its position in New York Community Bancorp, Inc. (NYSE:NYCB) by 36.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,270 shares of the financial services provider’s stock after selling 10,983 shares during the quarter. Sheaff Brock Investment Advisors LLC’s holdings in New York Community Bancorp were worth $251,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Comerica Bank boosted its position in New York Community Bancorp by 1.0% during the 4th quarter. Comerica Bank now owns 431,082 shares of the financial services provider’s stock valued at $5,983,000 after purchasing an additional 4,154 shares during the period. National Planning Corp boosted its position in New York Community Bancorp by 32.8% during the 3rd quarter. National Planning Corp now owns 17,253 shares of the financial services provider’s stock valued at $223,000 after purchasing an additional 4,266 shares during the period. Ladenburg Thalmann Financial Services Inc. boosted its position in New York Community Bancorp by 3.0% during the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 146,687 shares of the financial services provider’s stock valued at $1,891,000 after purchasing an additional 4,271 shares during the period. Brookstone Capital Management boosted its position in New York Community Bancorp by 20.5% during the 3rd quarter. Brookstone Capital Management now owns 26,428 shares of the financial services provider’s stock valued at $341,000 after purchasing an additional 4,505 shares during the period. Finally, Sigma Planning Corp boosted its position in New York Community Bancorp by 46.8% during the 3rd quarter. Sigma Planning Corp now owns 15,083 shares of the financial services provider’s stock valued at $194,000 after purchasing an additional 4,808 shares during the period. Institutional investors and hedge funds own 59.01% of the company’s stock.

New York Community Bancorp, Inc. (NYCB) opened at $14.07 on Friday. The company has a debt-to-equity ratio of 2.05, a quick ratio of 1.40 and a current ratio of 1.40. New York Community Bancorp, Inc. has a 12-month low of $11.67 and a 12-month high of $15.59. The stock has a market capitalization of $6,873.05, a price-to-earnings ratio of 15.63, a price-to-earnings-growth ratio of 1.64 and a beta of 0.65.

New York Community Bancorp (NYSE:NYCB) last announced its quarterly earnings results on Wednesday, January 31st. The financial services provider reported $0.17 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.17. New York Community Bancorp had a return on equity of 6.81% and a net margin of 25.91%. The company had revenue of $296.32 million during the quarter, compared to analyst estimates of $300.29 million. sell-side analysts expect that New York Community Bancorp, Inc. will post 0.86 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 27th. Shareholders of record on Tuesday, February 13th will be given a dividend of $0.17 per share. The ex-dividend date is Monday, February 12th. This represents a $0.68 dividend on an annualized basis and a yield of 4.83%. New York Community Bancorp’s dividend payout ratio (DPR) is presently 75.56%.

A number of research firms recently issued reports on NYCB. Zacks Investment Research lowered New York Community Bancorp from a “hold” rating to a “sell” rating in a research report on Thursday, December 14th. BidaskClub upgraded New York Community Bancorp from a “sell” rating to a “hold” rating in a research report on Wednesday, November 15th. TheStreet lowered New York Community Bancorp from a “b-” rating to a “c+” rating in a research report on Tuesday, January 16th. ValuEngine lowered New York Community Bancorp from a “buy” rating to a “hold” rating in a research report on Saturday, February 3rd. Finally, B. Riley upgraded New York Community Bancorp from a “sell” rating to a “neutral” rating and boosted their price objective for the company from $12.00 to $13.00 in a research report on Monday, February 12th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and one has issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $13.34.

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New York Community Bancorp 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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