People's Utah Bancorp (PUB) Forms $31.75 Double Top; Kempen Capital Management Has Decreased New York Cmnty Bancorp Com (NYCB) Stake By $2.55 Million

March 9, 2018 - By Annabelle Johnson

People's Utah Bancorp (PUB) formed double top with $33.34 target or 5.00% above today’s $31.75 share price. People's Utah Bancorp (PUB) has $587.75M valuation. The stock decreased 0.16% or $0.05 during the last trading session, reaching $31.75. About 24,173 shares traded. People's Utah Bancorp (NASDAQ:PUB) has risen 52.17% since March 9, 2017 and is uptrending. It has outperformed by 35.47% the S&P500.

Kempen Capital Management decreased New York Cmnty Bancorp Inc Com (NYCB) stake by 10.54% reported in 2017Q3 SEC filing. Kempen Capital Management sold 212,850 shares as New York Cmnty Bancorp Inc Com (NYCB)’s stock declined 14.48%. The Kempen Capital Management holds 1.81 million shares with $23.30 million value, down from 2.02 million last quarter. New York Cmnty Bancorp Inc Com now has $6.98 billion valuation. The stock decreased 0.97% or $0.14 during the last trading session, reaching $14.28. About 2.97M shares traded. New York Community Bancorp, Inc. (NYSE:NYCB) has declined 13.57% since March 9, 2017 and is downtrending. It has underperformed by 30.27% the S&P500.

Kempen Capital Management increased Cbl & Assoc Pptys Inc Com (NYSE:CBL) stake by 42,549 shares to 390,165 valued at $3.27 million in 2017Q3. It also upped Brixmor Ppty Group Inc Com (NYSE:BRX) stake by 63,131 shares and now owns 232,354 shares. Tenneco Inc Com (NYSE:TEN) was raised too.

Among 14 analysts covering New York Community Bancorp Inc. (NYSE:NYCB), 4 have Buy rating, 1 Sell and 9 Hold. Therefore 29% are positive. New York Community Bancorp Inc. had 39 analyst reports since August 20, 2015 according to SRatingsIntel. The firm earned “Sell” rating on Tuesday, September 19 by Piper Jaffray. The rating was downgraded by FBR Capital to “Underperform” on Wednesday, December 21. The stock has “Mkt Perform” rating by Keefe Bruyette & Woods on Friday, October 30. The rating was upgraded by Bank of America to “Buy” on Monday, November 30. The stock of New York Community Bancorp, Inc. (NYSE:NYCB) earned “Hold” rating by RBC Capital Markets on Thursday, February 1. Sandler O’Neill upgraded New York Community Bancorp, Inc. (NYSE:NYCB) on Monday, November 2 to “Buy” rating. FBR Capital upgraded New York Community Bancorp, Inc. (NYSE:NYCB) rating on Monday, February 12. FBR Capital has “Hold” rating and $13.0 target. The rating was downgraded by Raymond James on Wednesday, December 21 to “Mkt Perform”. The rating was upgraded by Sterne Agee CRT to “Buy” on Tuesday, January 5. The firm has “Equal-Weight” rating given on Wednesday, October 11 by Barclays Capital.

Analysts await New York Community Bancorp, Inc. (NYSE:NYCB) to report earnings on April, 25. They expect $0.20 EPS, down 4.76% or $0.01 from last year’s $0.21 per share. NYCB’s profit will be $97.70 million for 17.85 P/E if the $0.20 EPS becomes a reality. After $0.17 actual EPS reported by New York Community Bancorp, Inc. for the previous quarter, Wall Street now forecasts 17.65% EPS growth.

Investors sentiment decreased to 0.99 in 2017 Q3. Its down 0.05, from 1.04 in 2017Q2. It fall, as 37 investors sold NYCB shares while 97 reduced holdings. 30 funds opened positions while 109 raised stakes. 278.63 million shares or 0.22% more from 278.04 million shares in 2017Q2 were reported. Shufro Rose & Communications Ltd Liability has 0.03% invested in New York Community Bancorp, Inc. (NYSE:NYCB) for 25,900 shares. Endeavour Capital invested in 1.55% or 319,084 shares. Dekabank Deutsche Girozentrale accumulated 37,262 shares. Toronto Dominion Bancshares invested in 0% or 20,654 shares. Rafferty Asset Mngmt Limited Liability Company holds 79,423 shares. Financial Corp stated it has 341 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv Mgmt Corporation, a Alberta – Canada-based fund reported 383,200 shares. Cadence Capital Limited Liability Corp reported 66,424 shares stake. State Street reported 0.03% of its portfolio in New York Community Bancorp, Inc. (NYSE:NYCB). Gamco Invsts Et Al holds 0% of its portfolio in New York Community Bancorp, Inc. (NYSE:NYCB) for 12,286 shares. Schwab Charles Inv Management stated it has 0.02% in New York Community Bancorp, Inc. (NYSE:NYCB). Barrow Hanley Mewhinney Strauss holds 0.54% or 27.83M shares in its portfolio. Gulf Intll Fincl Bank (Uk), United Kingdom-based fund reported 138,557 shares. Tortoise Investment Mgmt Lc reported 0% stake. 80,340 are held by Boston Private Wealth Ltd.

Among 2 analysts covering People’s Utah Bancorp (NASDAQ:PUB), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. People’s Utah Bancorp had 3 analyst reports since October 9, 2015 according to SRatingsIntel. Raymond James initiated it with “Buy” rating and $35.0 target in Wednesday, January 17 report. On Friday, October 9 the stock rating was initiated by Sandler O’Neill with “Buy”. The rating was maintained by Sandler O’Neill with “Hold” on Thursday, January 25.

Analysts await People's Utah Bancorp (NASDAQ:PUB) to report earnings on April, 25. They expect $0.48 earnings per share, up 33.33% or $0.12 from last year’s $0.36 per share. PUB’s profit will be $8.89 million for 16.54 P/E if the $0.48 EPS becomes a reality. After $0.43 actual earnings per share reported by People's Utah Bancorp for the previous quarter, Wall Street now forecasts 11.63% EPS growth.