American National Registered Investment Advisor Inc. continued to hold its position in New York Community Bancorp, Inc. (NYSE:NYCB) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,600 shares of the financial services provider’s stock at the end of the second quarter. American National Registered Investment Advisor Inc.’s holdings in New York Community Bancorp were worth $218,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. BlackRock Inc. boosted its position in New York Community Bancorp by 6,643.8% in the first quarter. BlackRock Inc. now owns 51,206,275 shares of the financial services provider’s stock valued at $715,351,000 after buying an additional 50,446,961 shares during the last quarter. Vanguard Group Inc. boosted its position in New York Community Bancorp by 4.6% in the first quarter. Vanguard Group Inc. now owns 39,860,379 shares of the financial services provider’s stock valued at $556,850,000 after buying an additional 1,759,241 shares during the last quarter. Alecta Pensionsforsakring Omsesidigt boosted its position in New York Community Bancorp by 176.3% in the second quarter. Alecta Pensionsforsakring Omsesidigt now owns 10,500,000 shares of the financial services provider’s stock valued at $137,865,000 after buying an additional 6,700,000 shares during the last quarter. Renaissance Technologies LLC boosted its position in New York Community Bancorp by 8.0% in the first quarter. Renaissance Technologies LLC now owns 9,646,677 shares of the financial services provider’s stock valued at $134,764,000 after buying an additional 711,895 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its position in New York Community Bancorp by 4.2% in the first quarter. Bank of New York Mellon Corp now owns 6,164,092 shares of the financial services provider’s stock valued at $86,111,000 after buying an additional 248,015 shares during the last quarter. Hedge funds and other institutional investors own 58.56% of the company’s stock.

New York Community Bancorp, Inc. (NYSE:NYCB) opened at 13.01 on Friday. New York Community Bancorp, Inc. has a 12-month low of $12.61 and a 12-month high of $17.68. The stock has a market capitalization of $6.36 billion, a PE ratio of 13.69 and a beta of 0.59. The stock’s 50 day moving average is $13.12 and its 200 day moving average is $14.03.

New York Community Bancorp (NYSE:NYCB) last issued its quarterly earnings data on Wednesday, April 26th. The financial services provider reported $0.21 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.23 by $0.02. New York Community Bancorp had a return on equity of 7.72% and a net margin of 26.19%. The company had revenue of $327.09 million for the quarter, compared to the consensus estimate of $342.04 million. During the same period in the prior year, the company earned $0.27 EPS. Analysts forecast that New York Community Bancorp, Inc. will post $0.81 EPS for the current year.

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Several equities analysts have weighed in on the stock. BidaskClub cut shares of New York Community Bancorp from a “sell” rating to a “strong sell” rating in a research report on Wednesday. Morgan Stanley reiterated an “equal weight” rating and set a $13.75 price objective (down from $14.00) on shares of New York Community Bancorp in a research report on Friday, July 7th. ValuEngine cut shares of New York Community Bancorp from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. FBR & Co lowered their price objective on shares of New York Community Bancorp from $13.00 to $12.00 and set an “underperform” rating on the stock in a research report on Thursday, April 27th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and set a $13.50 price objective on shares of New York Community Bancorp in a research report on Wednesday, April 26th. Two analysts have rated the stock with a sell rating and ten have issued a hold rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $14.46.

New York Community Bancorp Company 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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