Crossmark Global Holdings Inc. Purchases 12,757 Shares of New York Community Bancorp, Inc. (NYCB)

Crossmark Global Holdings Inc. increased its position in New York Community Bancorp, Inc. (NYSE:NYCB) by 28.8% in the 4th quarter, Holdings Channel reports. The fund owned 57,074 shares of the financial services provider’s stock after purchasing an additional 12,757 shares during the period. Crossmark Global Holdings Inc.’s holdings in New York Community Bancorp were worth $743,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently made changes to their positions in NYCB. Barrow Hanley Mewhinney & Strauss LLC increased its holdings in New York Community Bancorp by 33.8% in the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 27,831,006 shares of the financial services provider’s stock worth $358,742,000 after acquiring an additional 7,036,258 shares during the last quarter. Russell Investments Group Ltd. increased its holdings in New York Community Bancorp by 364.4% in the 3rd quarter. Russell Investments Group Ltd. now owns 5,127,649 shares of the financial services provider’s stock worth $66,095,000 after acquiring an additional 4,023,388 shares during the last quarter. Mondrian Investment Partners LTD purchased a new stake in New York Community Bancorp in the 4th quarter worth about $47,004,000. Alecta Pensionsforsakring Omsesidigt increased its holdings in New York Community Bancorp by 8.6% in the 3rd quarter. Alecta Pensionsforsakring Omsesidigt now owns 11,400,000 shares of the financial services provider’s stock worth $146,946,000 after acquiring an additional 900,000 shares during the last quarter. Finally, SeaCrest Wealth Management LLC purchased a new position in New York Community Bancorp during the 4th quarter valued at about $5,117,000. 59.13% of the stock is owned by institutional investors.

A number of research firms have weighed in on NYCB. Zacks Investment Research lowered New York Community Bancorp from a “hold” rating to a “sell” rating in a report on Wednesday, December 20th. ValuEngine raised New York Community Bancorp from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Barclays lifted their target price on New York Community Bancorp from $12.00 to $13.00 and gave the company an “equal weight” rating in a report on Tuesday, January 2nd. TheStreet lowered New York Community Bancorp from a “b-” rating to a “c+” rating in a report on Tuesday, January 16th. Finally, Royal Bank of Canada began coverage on New York Community Bancorp in a report on Thursday, December 21st. They set a “sector perform” rating and a $13.00 target price for the company. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $13.22.

New York Community Bancorp, Inc. (NYCB) opened at $14.17 on Friday. The firm has a market capitalization of $6,930.00, a PE ratio of 15.74, a price-to-earnings-growth ratio of 1.64 and a beta of 0.65. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 2.05. New York Community Bancorp, Inc. has a twelve month low of $11.67 and a twelve month high of $15.59.

New York Community Bancorp (NYSE:NYCB) last issued its quarterly earnings results on Wednesday, January 31st. The financial services provider reported $0.17 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.17. The firm had revenue of $296.32 million during the quarter, compared to the consensus estimate of $300.29 million. New York Community Bancorp had a return on equity of 6.81% and a net margin of 25.91%. equities research 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. Stockholders of record on Tuesday, February 13th will be given a dividend of $0.17 per share. The ex-dividend date of this dividend is Monday, February 12th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 4.80%. New York Community Bancorp’s dividend payout ratio (DPR) is presently 75.56%.

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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.

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Institutional Ownership by Quarter for New York Community Bancorp (NYSE:NYCB)

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