New York Com Bk (NYCB) Holding Has Raised by Mondrian Investment Partners Ltd

July 27, 2018 - By Palma Niemeyer

Investors sentiment increased to 1.22 in Q1 2018. Its up 0.23, from 0.99 in 2017Q4. It is positive, as 26 investors sold NYCB shares while 101 reduced holdings. 39 funds opened positions while 116 raised stakes. 305.17 million shares or 8.40% more from 281.53 million shares in 2017Q4 were reported. Legal General Public Lc reported 0.03% of its portfolio in New York Community Bancorp, Inc. (NYSE:NYCB). 583,984 are owned by Great West Life Assurance Can. Tortoise Invest Management Ltd Liability holds 0.01% or 1,799 shares in its portfolio. Pub Employees Retirement System Of Ohio owns 196,542 shares. Balyasny Asset Mngmt Limited Liability Corporation accumulated 0.03% or 530,204 shares. Proshare Advisors Limited reported 113,514 shares or 0.01% of all its holdings. Rafferty Asset Limited Liability Co reported 0.02% in New York Community Bancorp, Inc. (NYSE:NYCB). Gam Hldg Ag invested 0.04% of its portfolio in New York Community Bancorp, Inc. (NYSE:NYCB). 1.72 million are held by Ubs Asset Management Americas. Smith Salley & Associate has 0.47% invested in New York Community Bancorp, Inc. (NYSE:NYCB) for 201,673 shares. Suntrust Banks, a Georgia-based fund reported 191,003 shares. Brinker Incorporated has 59,135 shares. Nomura Asset Mngmt Company Limited owns 76,071 shares for 0.01% of their portfolio. Hightower Ltd owns 42,619 shares. Bnp Paribas Arbitrage Sa, a New York-based fund reported 161,383 shares.

Mondrian Investment Partners Ltd increased its stake in New York Com Bk (NYCB) by 51.36% based on its latest 2018Q1 regulatory filing with the SEC. Mondrian Investment Partners Ltd bought 1.85 million shares as the company’s stock declined 15.49% with the market. The institutional investor held 5.46 million shares of the finance company at the end of 2018Q1, valued at $64.92 million, up from 3.61M at the end of the previous reported quarter. Mondrian Investment Partners Ltd who had been investing in New York Com Bk for a number of months, seems to be bullish on the $5.17B market cap company. The stock increased 0.29% or $0.03 during the last trading session, reaching $10.55. About 6.60M shares traded or 43.88% up from the average. New York Community Bancorp, Inc. (NYSE:NYCB) has declined 8.26% since July 27, 2017 and is downtrending. It has underperformed by 20.83% the S&P500.

Mondrian Investment Partners Ltd, which manages about $70.36 billion and $3.67B US Long portfolio, decreased its stake in Vedanta Adr by 220,472 shares to 2.03 million shares, valued at $36.02M in 2018Q1, according to the filing. It also reduced its holding in Canon Adr (NYSE:CAJ) by 522,002 shares in the quarter, leaving it with 716,590 shares, and cut its stake in Monsanto (NYSE:MON).

More recent New York Community Bancorp, Inc. (NYSE:NYCB) news were published by: 247Wallst.com which released: “Ford, AT&T Plunge into Wednesday’s 52-Week Low Club” on July 25, 2018. Also Seekingalpha.com published the news titled: “Fed’s Quarles calls for eased bank regulation on regional players” on July 18, 2018. Seekingalpha.com‘s news article titled: “New York Community Bancorp falls as Q2 misses estimates; sees loan growth ahead” with publication date: July 25, 2018 was also an interesting one.

New York Community Bancorp, Inc. (NYSE:NYCB) Ratings Coverage

Among 9 analysts covering NY Community (NYSE:NYCB), 1 have Buy rating, 2 Sell and 6 Hold. Therefore 11% are positive. NY Community had 13 analyst reports since January 31, 2018 according to SRatingsIntel. Morgan Stanley maintained it with “Equal-Weight” rating and $14.75 target in Thursday, February 1 report. The firm has “Hold” rating given on Monday, February 12 by FBR Capital. On Wednesday, April 25 the stock rating was maintained by RBC Capital Markets with “Hold”. The stock of New York Community Bancorp, Inc. (NYSE:NYCB) earned “Neutral” rating by Wedbush on Thursday, April 26. Sandler O’Neill maintained New York Community Bancorp, Inc. (NYSE:NYCB) on Wednesday, January 31 with “Buy” rating. The stock has “Equal-Weight” rating by Barclays Capital on Thursday, April 26. B. Riley & Co upgraded the shares of NYCB in report on Monday, February 12 to “Neutral” rating. The stock of New York Community Bancorp, Inc. (NYSE:NYCB) has “Neutral” rating given on Tuesday, June 19 by FBR Capital. The firm earned “Equal-Weight” rating on Friday, April 27 by Morgan Stanley. Piper Jaffray maintained the shares of NYCB in report on Wednesday, January 31 with “Sell” rating.

New York Community Bancorp, Inc. (NYSE:NYCB) Institutional Positions Chart

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