Kempen Capital Management N.V. boosted its holdings in New York Community Bancorp, Inc. (NYSE:NYCB) by 10.7% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,020,282 shares of the financial services provider’s stock after acquiring an additional 194,800 shares during the quarter. New York Community Bancorp comprises approximately 2.5% of Kempen Capital Management N.V.’s portfolio, making the stock its 3rd biggest holding. Kempen Capital Management N.V. owned about 0.41% of New York Community Bancorp worth $26,527,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in NYCB. Pacer Advisors Inc. raised its position in New York Community Bancorp by 3.1% in the first quarter. Pacer Advisors Inc. now owns 9,389 shares of the financial services provider’s stock worth $131,000 after acquiring an additional 284 shares in the last quarter. Sigma Planning Corp purchased a new position in New York Community Bancorp in the second quarter worth $135,000. BB&T Securities LLC purchased a new position in New York Community Bancorp in the second quarter worth $135,000. Hartford Investment Management Co. purchased a new position in New York Community Bancorp in the second quarter worth $138,000. Finally, Quantbot Technologies LP purchased a new position in New York Community Bancorp in the first quarter worth $140,000. Hedge funds and other institutional investors own 57.50% of the company’s stock.

Several research firms have issued reports on NYCB. BidaskClub upgraded New York Community Bancorp from a “strong sell” rating to a “sell” rating in a research report on Wednesday. Zacks Investment Research upgraded New York Community Bancorp from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 30th. Piper Jaffray Companies set a $11.00 price objective on New York Community Bancorp and gave the stock a “sell” rating in a research report on Thursday, August 17th. Finally, Morgan Stanley reiterated an “equal weight” rating and issued a $13.75 price objective (down previously from $14.00) on shares of New York Community Bancorp in a research report on Friday, July 7th. Three research analysts have rated the stock with a sell rating and ten have assigned a hold rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $13.61.

New York Community Bancorp, Inc. (NYSE:NYCB) remained flat at $12.29 during mid-day trading on Friday. 5,014,710 shares of the company’s stock were exchanged. The company has a market capitalization of $6.01 billion, a P/E ratio of 13.37 and a beta of 0.59. New York Community Bancorp, Inc. has a 52-week low of $11.67 and a 52-week high of $17.68. The firm has a 50-day moving average of $12.30 and a 200 day moving average of $13.18.

New York Community Bancorp (NYSE:NYCB) last posted its quarterly earnings data on Wednesday, July 26th. The financial services provider reported $0.22 EPS for the quarter, topping the Zacks’ consensus estimate of $0.19 by $0.03. New York Community Bancorp had a return on equity of 7.46% and a net margin of 25.67%. The company had revenue of $338.21 million for the quarter, compared to the consensus estimate of $326.36 million. During the same quarter in the previous year, the business earned $0.26 EPS. On average, equities research analysts forecast that New York Community Bancorp, Inc. will post $0.79 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 18th. Stockholders of record on Monday, August 7th were paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 5.53%. The ex-dividend date was Thursday, August 3rd. New York Community Bancorp’s dividend payout ratio is presently 73.91%.

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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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