AE Wealth Administration LLC diminished its stake in shares of New York Group Bancorp, Inc. (NYSE:NYCB – Get Ranking ) by 30.1% through the 4th quarter, in response to the corporate in its most up-to-date 13F submitting with the Securities & Trade Fee. The fund owned 28,809 shares of the monetary providers supplier’s inventory after promoting 12,386 shares through the quarter. AE Wealth Administration LLC’s holdings in New York Group Bancorp have been price $248,000 on the finish of the newest quarter.

“King of Quants” Sees 10X Potential… (From Investor Place Media)

A lot of different institutional buyers and hedge funds have additionally just lately made adjustments to their positions in NYCB. Bessemer Group Inc. acquired a brand new place in New York Group Bancorp through the third quarter valued at $25,000. TFC Monetary Administration bought a brand new place in shares of New York Group Bancorp within the third quarter valued at roughly $26,000. Point72 Hong Kong Ltd acquired a brand new place in shares of New York Group Bancorp through the 2nd quarter valued at roughly $27,000. Quadrant Capital Group LLC raised its stake in New York Group Bancorp by 181.0% within the third quarter. Quadrant Capital Group LLC now owns 3,347 shares of the monetary providers supplier’s inventory valued at $29,000 after buying a further 2,156 shares through the interval. Lastly, TCI Wealth Advisors Inc. raised its holdings in New York Group Bancorp by 48.4% through the third quarter. TCI Wealth Advisors Inc. now owns 5,752 shares of the monetary providers supplier’s inventory valued at $49,000 after buying a further 1,877 shares over the past quarter. Institutional buyers personal 63.17% of the corporate’s shares.

New York Group Bancorp trades up 2.8%

Shares of New York Group Bancorp inventory traded up $0.24 throughout noon buying and selling on Friday, reaching $8.85. The corporate had a turnover of 9,387,024 shares in comparison with its common quantity of 14,622,949. The agency has a market cap of $6.04 billion, a PE ratio of 6.89, a P/E/G ratio of 0.82 and a beta of 1.06. The inventory has a 50 day transferring common value of $9.04 and a 200 day transferring common value of $9.03. The corporate has a debt ratio of two.56, a present ratio of 1.22 and a fast ratio of 1.20. New York Group Bancorp, Inc. has a 52-week low of $5.81 and a 52-week excessive of $11.18.

New York Group Bancorp (NYSE:NYCB – Get Ranking ) final launched its earnings outcomes on Tuesday, January thirty first. The monetary providers supplier reported earnings of $0.25 per share. per share for the quarter, lacking analysts’ consensus estimates of $0.27 by ($0.02). The corporate had income of $577.00 million for the quarter, in comparison with the consensus estimate of $410.71 million. New York Group Bancorp had a return on fairness of 9.32% and a internet margin of 27.79%. On common, equities analysis analysts count on that New York Group Bancorp, Inc. will ship 1.14 earnings per share for the present yr.

New York Group Bancorp proclaims dividend

The corporate additionally just lately introduced a quarterly dividend, which was paid on Thursday, February sixteenth. Buyers of report on Monday, February sixth got a dividend of $0.17 per share. inventory. The ex-dividend date was Friday, February third. This represents an annualized dividend of $0.68 and a yield of seven.68%. New York Group Bancorp’s payout ratio is at present 54.40%.

Insider shopping for and promoting

In different New York Group Bancorp information, EVP Reginald E. Davis offered 4,600 shares of New York Group Bancorp inventory in a transaction on Tuesday, February seventh. The shares have been offered at a median value of $9.97, for a complete worth of $45,862.00. Following the completion of the sale, the chief vp now instantly owns 123,033 shares of the corporate’s inventory, valued at $1,226,639.01. The transaction was disclosed in a authorized submitting with the SEC, which is on the market on the SEC web site. In associated information, EVP Reginald E. Davis offered 4,600 shares of New York Group Bancorp inventory in a transaction on Tuesday, February seventh. The shares have been offered at a median value of $9.97, for a complete worth of $45,862.00. Following the completion of the sale, the chief vp now owns 123,033 shares of the corporate’s inventory, valued at roughly $1,226,639.01. The transaction was disclosed in a authorized submitting with the SEC, which is on the market by the SEC web site. Additionally, Director Marshall Lux acquired 5,000 shares of the inventory in a transaction on Friday, February third. The shares have been acquired at a median value of $10.05 per share. inventory, for a complete transaction of $50,250.00. Following the acquisition, the director now owns 17,000 shares of the corporate’s inventory, valued at roughly $170,850. The details about this buy may be discovered right here. 1.58% of the inventory is owned by insiders.

Analysts set new value targets

A lot of brokerages have just lately weighed in on NYCB. StockNews.com assumed protection on New York Group Bancorp in a analysis notice on Thursday, March sixteenth. They put a “maintain” score on the inventory. UBS Group boosted their value goal on shares of New York Group Bancorp from $10.00 to $11.50 and gave the inventory a “purchase” score in a analysis report on Tuesday. Credit score Suisse Group boosted their goal value on shares of New York Group Bancorp from $10.00 to $11.00 and gave the corporate a “impartial” score in a analysis report on Tuesday. Stephens upgraded shares of New York Group Bancorp from an “underweight” score to an “equal weight” score and set a $8.50 value goal on the inventory in a analysis report on Friday, December ninth. Lastly, Piper Sandler dropped their value goal on New York Group Bancorp from $14.00 to $11.00 and set an “obese” score for the corporate in a analysis report on Monday, December fifth. Six funding analysts have rated the inventory with a maintain score, 5 have issued a purchase score and one has issued a robust purchase score to the inventory. Based mostly on knowledge from MarketBeat, New York Group Bancorp presently has a consensus score of “Average Purchase” and a consensus goal value of $10.50.

New York Group Bancorp Profile

(Get score)

New York Group Bancorp, Inc. is a financial institution holding firm engaged within the provision of multifamily loans for non-luxury rent-regulated buildings which have below-market rents. It additionally provides monetary services to people and companies. The corporate was based on July 20, 1993 and is headquartered in Westbury, NY.

Learn extra

Wish to see what different hedge funds maintain NYCB? Go to HoldingsChannel.com for the most recent 13F filings and insider trades for New York Group Bancorp, Inc. (NYSE:NYCB – Get Ranking).

This prompt information alert was generated by narrative science know-how and monetary knowledge from MarketBeat to supply readers with the quickest and most correct reporting. This story was reviewed by MarketBeat editorial employees previous to publication. Please ship questions or feedback about this story to contact@marketbeat.com.

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