Mixed Analyst Attention: New York Community Bancorp, Inc. (NYCB), Starwood Property Trust, Inc. (STWD)

    The shares of New York Community Bancorp, Inc. (NYSE:NYCB) has been pegged with a rating of Neutral by JP Morgan in its latest research note that was published on August 1st, 2019. The research company has also assigned a $11.50 price target. JP Morgan wasn’t the only research firm that published a report of New York Community Bancorp, Inc., with other equities research analysts also giving their opinion on the stock. Sandler O’Neill advised investors in its research note published on July 31st, 2019, to Hold the NYCB stock. The stock had earned Outperform rating from RBC Capital Mkts when it published its report on July 12th, 2019. That day the RBC Capital Mkts set price target on the stock to $12. The stock was given Buy rating by B. Riley FBR in its report released on July 11th, 2019, the day when the price target on the stock was placed at $12. Jefferies was of a view that NYCB is Hold in its latest report on April 8th, 2019 while giving it a price target of $12. Morgan Stanley thinks that NYCB is worth Underweight rating. This was contained in the firm’s report on March 11th, 2019 in which the stock’s price target was also moved to $11.50.

    The consensus currently stands at a Hold while its average price target is $11.90. The price of the stock the last time has raised by 34.49% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 59.36.

    The shares of the company added by 1.05% during the trading session on Thursday, reaching a low of $11.48 while ending the day at $11.58. During the trading session, a total of 2.6 million shares were traded which represents a 46% incline from the average session volume which is 4.82M shares. NYCB had ended its last session trading at 11.46. New York Community Bancorp, Inc. currently has a market cap of $5.33B, while its P/E ratio stands at 15.06, while its P/E earnings growth sits at 3.02, with a beta of 0.98. New York Community Bancorp, Inc. debt-to-equity ratio currently stands at 0.11, while its quick ratio hovers at . NYCB 52-week low price stands at $8.61 while its 52-week high price is $12.72.

    Investment analysts at JP Morgan published a research note on September 21st, 2018 where it informed investors and clients that Starwood Property Trust, Inc. (NYSE:STWD) is now rated as Overweight. Their price target on the stock stands at $23. Sandler O’Neill also rated STWD as Downgrade on July 31st, 2019, with its price target of $35 suggesting that STWD could surge by 3.24% from its current share price. Even though the stock has been trading at $23.70/share, analysts expect it to surge higher by 0.72% to reach $24.67/share. It started the day trading at $23.93 and traded between $23.72 and $23.87 throughout the trading session.

    A look at its technical shows that STWD’s 50-day SMA is 23.23 while its 200-day SMA stands at 22.39. The stock has a high of $23.89 for the year while the low is $19.16. The company’s P/E ratio currently sits at 17.92, while the P/B ratio is 1.44. At the moment, only of Starwood Property Trust, Inc. shares were sold short. The company’s average trading volume currently stands at 1.45M shares, which means that the short-interest ratio is just 4.82 days. Over the past seven days, the company moved, with its shift of 1.92%. Looking further, the stock has raised 6.66% over the past 90 days while it gained 6.94% over the last six months.

    The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more STWD shares, increasing its portfolio by +1.17% during the last quarter. This move now sees The Vanguard Group Inc purchasing 302,558 shares in the last quarter, thus it now holds 26,195,633 shares of STWD, with a total valuation of $608,524,555. BlackRock Fund Advisors meanwhile bought more STWD shares in the recently filed quarter, changing its stake to $381,261,655 worth of shares. Nan Shan Life Insurance Co Ltd followed the path by decreasing its STWD portfolio by -19.55% in the quarter. This means that Nan Shan Life Insurance Co Ltd sold -1,604,102 shares in the last quarter and now controls 6,600,069 shares of the STWD stock, with the valuation hitting $153,319,603.

    Similarly, Acadian Asset Management LLC decreased its Starwood Property Trust, Inc. shares by -1.77% during the recently filed quarter. After selling -92,791 shares in the last quarter, the firm now controls 5,158,637 shares of Starwood Property Trust, Inc. which are valued at $119,835,138. In the same vein, LSV Asset Management decreased its Starwood Property Trust, Inc. shares by during the most recent reported quarter. The firm sold -1,249,908 shares during the quarter which decreased its stakes to 4,087,214 shares and is now valued at $94,945,981. Following these latest developments, around 2.70% of Starwood Property Trust, Inc. stocks are owned by institutional investors and hedge funds.