Oregon Public Employees Retirement Fund Has $194,000 Holdings in New York Community Bancorp, Inc. (NYCB)

Oregon Public Employees Retirement Fund lifted its holdings in New York Community Bancorp, Inc. (NYSE:NYCB) by 841.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,826,839 shares of the financial services provider’s stock after buying an additional 1,632,701 shares during the quarter. Oregon Public Employees Retirement Fund owned 0.37% of New York Community Bancorp worth $194,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. First Mercantile Trust Co. boosted its stake in New York Community Bancorp by 129.6% during the 4th quarter. First Mercantile Trust Co. now owns 3,100 shares of the financial services provider’s stock valued at $29,000 after purchasing an additional 1,750 shares in the last quarter. ETF Managers Group LLC raised its stake in shares of New York Community Bancorp by 21.4% in the fourth quarter. ETF Managers Group LLC now owns 10,492 shares of the financial services provider’s stock valued at $99,000 after acquiring an additional 1,847 shares during the last quarter. Steward Partners Investment Advisory LLC raised its position in New York Community Bancorp by 13.8% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 15,861 shares of the financial services provider’s stock worth $149,000 after purchasing an additional 1,925 shares during the last quarter. Retirement Systems of Alabama grew its holdings in New York Community Bancorp by 0.3% during the 4th quarter. Retirement Systems of Alabama now owns 635,756 shares of the financial services provider’s stock worth $5,982,000 after acquiring an additional 2,058 shares during the period. Finally, Arizona State Retirement System grew its holdings in shares of New York Community Bancorp by 1.1% in the 4th quarter. Arizona State Retirement System now owns 351,936 shares of the financial services provider’s stock valued at $3,312,000 after buying an additional 3,755 shares during the period. 67.40% of the stock is owned by institutional investors.

NYSE:NYCB opened at $12.04 on Wednesday. New York Community Bancorp, Inc. has a twelve month low of $8.61 and a twelve month high of $14.53. The firm has a market cap of $5.90 billion, a PE ratio of 15.24, a price-to-earnings-growth ratio of 1.50 and a beta of 0.95. The company has a quick ratio of 1.37, a current ratio of 1.35 and a debt-to-equity ratio of 2.31.

New York Community Bancorp (NYSE:NYCB) last released its quarterly earnings data on Wednesday, January 30th. The financial services provider reported $0.19 earnings per share for the quarter, meeting the consensus estimate of $0.19. The firm had revenue of $270.31 million during the quarter, compared to the consensus estimate of $270.24 million. New York Community Bancorp had a return on equity of 6.76% and a net margin of 23.72%. During the same period in the previous year, the company posted $0.26 earnings per share. On average, sell-side analysts anticipate that New York Community Bancorp, Inc. will post 0.8 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 26th. Investors of record on Tuesday, February 12th will be issued a $0.17 dividend. The ex-dividend date is Monday, February 11th. This represents a $0.68 annualized dividend and a dividend yield of 5.65%. New York Community Bancorp’s payout ratio is currently 86.08%.

A number of brokerages have issued reports on NYCB. Piper Jaffray Companies upgraded shares of New York Community Bancorp from an “underweight” rating to a “neutral” rating and decreased their target price for the stock from $10.00 to $9.00 in a research report on Friday, October 26th. Zacks Investment Research restated a “sell” rating on shares of New York Community Bancorp in a report on Wednesday, November 14th. Credit Suisse Group reiterated a “hold” rating and set a $11.00 price objective on shares of New York Community Bancorp in a report on Monday, January 7th. UBS Group raised shares of New York Community Bancorp from a “sell” rating to a “neutral” rating and boosted their price target for the company from $9.50 to $10.00 in a research report on Tuesday, January 8th. Finally, Barclays lowered shares of New York Community Bancorp from an “equal weight” rating to an “underweight” rating in a report on Thursday, January 10th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company. New York Community Bancorp currently has a consensus rating of “Hold” and an average target price of $12.05.

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New York Community Bancorp Profile

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

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

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