Valley National Bancorp (VLY) Receiving Positive News Coverage, Report Shows

Cornelia Mascio
Aprile 20, 2018

Wilen Investment Management Corp who had been investing in Goodyear Tire for a number of months, seems to be less bullish one the $6.78 billion market cap company. During the past three months the stock gain -1.4%, however six months performance of the stock remained at 0.93%. The Company kept a record of 319.55 million floated shares and 335.19 million shares outstanding.

Global Endowment Management Lp increased Merck & Co Inc (MRK) stake by 11.23% reported in 2017Q4 SEC filing. Capital Advisors Inc sold 116,308 shares as the company's stock rose 7.71% while stock markets declined. Capital Advisors Inc who had been investing in Valley Natl Bancorp for a number of months, seems to be less bullish one the $4.03B market cap company. About 488,334 shares traded.

Valley National Bancorp (VLY) investors sentiment decreased to 1.3 in Q4 2017. It has underperformed by 11.55% the S&P500.

Analyst's ratings determines the future of any company. Therefore 55% are positive. Lenox Wealth Inc holds 0% in Valley National Bancorp (NYSE:VLY) or 1,100 shares.

Valley National Bancorp (NYSE:VLY)'s stock on Tuesday traded at beginning with a price of $12.21 and when day-trade ended the stock finally slumped -1.80% to reach at $11.97. The rating was maintained by BMO Capital Markets with "Market Perform" on Tuesday, May 23. The rating was maintained by Piper Jaffray with "Buy" on Monday, January 29. Piper Jaffray maintained the shares of VLY in report on Tuesday, July 25 with "Hold" rating. The company rating was upgraded by PiperJaffray on Friday, January 5. The rating was maintained by Keefe Bruyette & Woods on Thursday, September 28 with "Buy".

According to 9 stock analysts, Knowles Corporation, is being kept at an average Outperform, rating, with at least 14.36% of shares outstanding that are now legally short sold. Morgan Stanley maintained Valley National Bancorp (NYSE:VLY) on Wednesday, January 31 with "Equal-Weight" rating. BMO Capital Markets upgraded the stock to "Market Perform" rating in Monday, August 24 report. That's change of 0.36, from 2017Q3's 1.66. Ramsey Quantitative Systems bought a new position in shares of Valley National Bancorp in the 4th quarter valued at $237,000. 33 funds opened positions while 84 raised stakes. Investors holded 167.29 million in 2017Q3 but now own 165.19 million shares or 1.26% less. Parametric Portfolio Associate Lc holds 0.01% or 768,702 shs in its capital. Landscape Management holds 56,542 shares. Weaver C Barksdale And Assocs holds 0.01% of its portfolio in Valley National Bancorp (NYSE:VLY) for 454 shares. Basswood Management Ltd Liability invested 0.05% in Valley National Bancorp (NYSE:VLY). It also upped Eagle Bancorp Inc Md (NASDAQ:EGBN) stake by 74,063 shares and now owns 120,077 shares.

Cra International Inc (CRAI) investors sentiment decreased to 0.91 in Q4 2017.

In other Valley National Bancorp news, Director Peter J. Baum acquired 3,433 shares of the business's stock in a transaction dated Monday, January 29th. Ubs Asset Americas reported 193,590 shares. Rhumbline Advisers holds 501,916 shares. 61,144 were reported by Barclays Public Lc. First Advsr Lp has 143,090 shares. As Valley National Bancorp has a P/S, P/E and P/B values of 4.76, 18.53 and 1.36 respectively. Millennium Mngmt Limited Liability invested in 0.01% or 500,918 shares. Aperio Grp Incorporated Ltd Liability Corporation stated it has 47,832 shares. It also increased its holding in Schwab Strategic Tr (SCHB) by 41,471 shares in the quarter, for a total of 732,637 shares, and has risen its stake in Flexshares Tr (TLTD).

Valley National Bancorp had 0 sales and 2 insider buys since January 29, 2018. On Monday, February 5 LENNER MARC J bought $24,945 worth of Valley National Bancorp (NYSE:VLY) or 2,040 shares. Valley National Bancorp has a 1-year low of $10.61 and a 1-year high of $13.38. If earnings per share of $0.20 is announced the profit of VLY could hit $66.17 million giving it 15.04 P/E. During the same period in the previous year, the firm earned $0.01 EPS.

Analysts await The Goodyear Tire & Rubber Company (NASDAQ:GT) to report earnings on April, 25 before the open. They expect $0.20 EPS, up 17.65% or $0.03 from last year's $0.17 per share. CRAI's profit will be $4.19M for 28.50 P/E if the $0.50 EPS becomes a reality.

Analysts expect Valley National Bancorp (NYSE:VLY) to report $0.20 EPS on April, 26 before the open.They anticipate $0.03 EPS change or 17.65% from last quarter's $0.17 EPS. Schwab Charles Investment Management Inc. now owns 1,590,724 shares of the financial services provider's stock valued at $19,169,000 after acquiring an additional 78,778 shares in the last quarter.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Altre relazioniGrafFiotech

Discuti questo articolo

Segui i nostri GIORNALE