Tdam USA Inc. held its stake in New York Community Bancorp, Inc. (NYSE:NYCB) during the second quarter, according to its most recent disclosure with the SEC. The firm owned 19,712 shares of the financial services provider’s stock at the end of the second quarter. Tdam USA Inc.’s holdings in New York Community Bancorp were worth $259,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in NYCB. John G Ullman & Associates Inc. increased its stake in shares of New York Community Bancorp by 49.2% in the first quarter. John G Ullman & Associates Inc. now owns 261,950 shares of the financial services provider’s stock worth $3,659,000 after buying an additional 86,350 shares during the period. Lesa Sroufe & Co increased its stake in shares of New York Community Bancorp by 0.8% in the first quarter. Lesa Sroufe & Co now owns 288,175 shares of the financial services provider’s stock worth $4,026,000 after buying an additional 2,330 shares during the period. Mn Services Vermogensbeheer B.V. increased its stake in shares of New York Community Bancorp by 4.1% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 12,989 shares of the financial services provider’s stock worth $170,000 after buying an additional 506 shares during the period. Nationwide Fund Advisors increased its stake in shares of New York Community Bancorp by 0.6% in the first quarter. Nationwide Fund Advisors now owns 824,108 shares of the financial services provider’s stock worth $11,513,000 after buying an additional 5,155 shares during the period. Finally, State of Alaska Department of Revenue increased its stake in shares of New York Community Bancorp by 53.6% in the first quarter. State of Alaska Department of Revenue now owns 166,761 shares of the financial services provider’s stock worth $2,329,000 after buying an additional 58,205 shares during the period. Hedge funds and other institutional investors own 58.67% of the company’s stock.

New York Community Bancorp, Inc. (NYSE:NYCB) opened at 12.31 on Friday. The firm’s 50-day moving average is $12.97 and its 200 day moving average is $13.74. New York Community Bancorp, Inc. has a 12-month low of $12.30 and a 12-month high of $17.68. The stock has a market capitalization of $6.02 billion, a P/E ratio of 13.41 and a beta of 0.58.

New York Community Bancorp (NYSE:NYCB) last posted its quarterly earnings results on Wednesday, July 26th. The financial services provider reported $0.22 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.19 by $0.03. New York Community Bancorp had a net margin of 25.67% and a return on equity of 7.46%. The business had revenue of $338.21 million for the quarter, compared to analysts’ expectations of $326.36 million. During the same period in the prior year, the company posted $0.26 EPS. Equities analysts expect that New York Community Bancorp, Inc. will post $0.83 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, August 18th. Stockholders of record on Monday, August 7th will be paid a dividend of $0.17 per share. The ex-dividend date is Thursday, August 3rd. This represents a $0.68 dividend on an annualized basis and a dividend yield of 5.52%. New York Community Bancorp’s dividend payout ratio (DPR) is presently 73.91%.

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A number of analysts recently issued reports on the stock. BidaskClub raised shares of New York Community Bancorp from a “strong sell” rating to a “sell” rating in a report on Tuesday, June 13th. FBR & Co lowered their price target on shares of New York Community Bancorp from $13.00 to $12.00 and set an “underperform” rating on the stock in a report on Thursday, April 27th. Keefe, Bruyette & Woods reissued a “hold” rating and set a $13.50 price target on shares of New York Community Bancorp in a report on Wednesday, April 26th. Morgan Stanley reissued an “equal weight” rating and set a $13.75 price target (down from $14.00) on shares of New York Community Bancorp in a report on Friday, July 7th. Finally, Zacks Investment Research raised shares of New York Community Bancorp from a “sell” rating to a “hold” rating in a report on Tuesday, August 1st. Two equities research analysts have rated the stock with a sell rating and ten have given a hold rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $14.46.

About New York Community Bancorp

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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