Crossmark Global Holdings Inc. Sells 1,410 Shares of New York Community Bancorp, Inc. (NYSE:NYCB)

Crossmark Global Holdings Inc. lowered its holdings in New York Community Bancorp, Inc. (NYSE:NYCB) by 2.8% in the 3rd quarter, HoldingsChannel reports. The firm owned 49,150 shares of the financial services provider’s stock after selling 1,410 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in New York Community Bancorp were worth $617,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Captrust Financial Advisors raised its holdings in shares of New York Community Bancorp by 57.8% in the 2nd quarter. Captrust Financial Advisors now owns 2,730 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 1,000 shares in the last quarter. TCI Wealth Advisors Inc. raised its stake in shares of New York Community Bancorp by 52.0% during the 2nd quarter. TCI Wealth Advisors Inc. now owns 4,259 shares of the financial services provider’s stock worth $43,000 after acquiring an additional 1,457 shares in the last quarter. Quantamental Technologies LLC bought a new position in shares of New York Community Bancorp during the 2nd quarter worth approximately $61,000. Advisory Services Network LLC raised its stake in shares of New York Community Bancorp by 18.1% during the 2nd quarter. Advisory Services Network LLC now owns 6,933 shares of the financial services provider’s stock worth $69,000 after acquiring an additional 1,063 shares in the last quarter. Finally, TRUE Private Wealth Advisors bought a new position in shares of New York Community Bancorp during the 2nd quarter worth approximately $85,000. Institutional investors and hedge funds own 64.02% of the company’s stock.

Shares of New York Community Bancorp stock opened at $13.02 on Thursday. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 2.17. New York Community Bancorp, Inc. has a 12-month low of $8.61 and a 12-month high of $13.39. The firm has a market capitalization of $6.10 billion, a price-to-earnings ratio of 16.48, a PEG ratio of 1.67 and a beta of 1.00. The firm’s 50 day simple moving average is $12.47 and its two-hundred day simple moving average is $11.25.

New York Community Bancorp (NYSE:NYCB) last issued its quarterly earnings results on Wednesday, July 31st. The financial services provider reported $0.19 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.19. New York Community Bancorp had a net margin of 21.73% and a return on equity of 6.52%. The business had revenue of $255.29 million for the quarter, compared to analyst estimates of $255.49 million. During the same quarter in the prior year, the business posted $0.20 EPS. On average, sell-side analysts predict that New York Community Bancorp, Inc. will post 0.78 EPS for the current fiscal year.

Several research analysts recently commented on NYCB shares. TheStreet upgraded shares of New York Community Bancorp from a “c+” rating to a “b-” rating in a research note on Thursday, August 15th. JPMorgan Chase & Co. upgraded shares of New York Community Bancorp from an “underweight” rating to a “neutral” rating and boosted their price objective for the stock from $9.50 to $11.50 in a research note on Thursday, August 1st. Bank of America set a $13.00 price objective on shares of New York Community Bancorp and gave the stock a “buy” rating in a research note on Wednesday, July 31st. Royal Bank of Canada started coverage on shares of New York Community Bancorp in a research note on Friday, July 12th. They set an “outperform” rating and a $12.00 price objective for the company. Finally, B. Riley set a $13.00 price objective on shares of New York Community Bancorp and gave the stock a “buy” rating in a research note on Wednesday, July 31st. Two research analysts have rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company’s stock. New York Community Bancorp currently has an average rating of “Hold” and an average price target of $12.20.

New York Community Bancorp Profile

New York Community Bancorp, Inc operates as a bank holding company for New York Community Bank that provides banking products and services in Metro New York, New Jersey, Ohio, Florida, and Arizona. The company offers various deposit products, including interest-bearing checking and money market, savings, non-interest-bearing, and individual retirement accounts, as well as certificates of deposit.

Read More: Market Capitalization – What it Means for Investors

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

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