Signaturefd LLC Sells 104,858 Shares of New York Community Bancorp, Inc. (NYSE:NYCB)

Signaturefd LLC reduced its position in New York Community Bancorp, Inc. (NYSE:NYCB - Free Report) by 67.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 51,063 shares of the financial services provider's stock after selling 104,858 shares during the period. Signaturefd LLC's holdings in New York Community Bancorp were worth $573,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. AlphaMark Advisors LLC raised its stake in shares of New York Community Bancorp by 26.0% in the second quarter. AlphaMark Advisors LLC now owns 8,734 shares of the financial services provider's stock worth $28,000 after purchasing an additional 1,803 shares during the last quarter. Hantz Financial Services Inc. bought a new position in New York Community Bancorp during the 2nd quarter valued at $28,000. Carmichael Hill & Associates Inc. boosted its holdings in New York Community Bancorp by 201.0% during the 2nd quarter. Carmichael Hill & Associates Inc. now owns 9,029 shares of the financial services provider's stock worth $29,000 after acquiring an additional 6,029 shares during the last quarter. FinTrust Capital Advisors LLC grew its stake in shares of New York Community Bancorp by 66.9% in the 1st quarter. FinTrust Capital Advisors LLC now owns 9,673 shares of the financial services provider's stock worth $31,000 after acquiring an additional 3,876 shares in the last quarter. Finally, Nisa Investment Advisors LLC grew its stake in shares of New York Community Bancorp by 4,665.0% in the 2nd quarter. Nisa Investment Advisors LLC now owns 9,530 shares of the financial services provider's stock worth $31,000 after acquiring an additional 9,330 shares in the last quarter. Institutional investors and hedge funds own 67.88% of the company's stock.

New York Community Bancorp Stock Performance

Shares of New York Community Bancorp stock traded down $0.93 during trading hours on Friday, reaching $10.57. The company had a trading volume of 18,525,262 shares, compared to its average volume of 8,349,230. The firm has a market cap of $4.39 billion, a PE ratio of -3.83 and a beta of 1.00. New York Community Bancorp, Inc. has a one year low of $5.10 and a one year high of $34.47. The company has a debt-to-equity ratio of 3.66, a current ratio of 1.27 and a quick ratio of 1.17. The business has a fifty day simple moving average of $11.11 and a 200 day simple moving average of $12.17.

New York Community Bancorp (NYSE:NYCB - Get Free Report) last posted its earnings results on Thursday, July 25th. The financial services provider reported ($3.15) earnings per share for the quarter, missing analysts' consensus estimates of ($1.26) by ($1.89). New York Community Bancorp had a negative net margin of 10.78% and a negative return on equity of 4.49%. The company had revenue of $671.00 million for the quarter, compared to analysts' expectations of $722.47 million. During the same period in the previous year, the firm earned $4.23 EPS. The firm's quarterly revenue was down 44.2% compared to the same quarter last year. On average, analysts anticipate that New York Community Bancorp, Inc. will post -2.41 earnings per share for the current fiscal year.

New York Community Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 17th. Investors of record on Saturday, December 7th will be issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.38%. New York Community Bancorp's dividend payout ratio (DPR) is presently -1.45%.

Analyst Ratings Changes

Several research firms recently weighed in on NYCB. Raymond James upgraded shares of New York Community Bancorp from an "underperform" rating to a "market perform" rating in a report on Tuesday, September 17th. Wedbush reaffirmed a "neutral" rating and issued a $31.50 target price on shares of New York Community Bancorp in a report on Friday, July 26th. JPMorgan Chase & Co. lifted their price target on New York Community Bancorp from $11.50 to $12.50 and gave the stock a "neutral" rating in a report on Wednesday, October 9th. Citigroup upped their price objective on New York Community Bancorp from $10.50 to $12.00 and gave the company a "neutral" rating in a research note on Wednesday, July 3rd. Finally, StockNews.com upgraded New York Community Bancorp to a "sell" rating in a research note on Friday, July 19th. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $17.48.

New York Community Bancorp Profile

New York Community Bancorp, Inc operates as the bank holding company for Flagstar Bank, N.A. that provides banking products and services in the United States. The company's deposit products include interest-bearing checking and money market, savings, non-interest-bearing, and retirement accounts, as well as certificates of deposit.