Brokers Opinions on: Valley National Bancorp (VLY)

Brokers Opinions on: Valley National Bancorp (VLY)

The firm has "Hold" rating given on Monday, November 14 by Sandler O'Neill. The rating was maintained by Jefferies with "Buy" on Friday, April 7.

Valley National Bancorp (VLY) closed -2.36% below its 200-day moving average and is -1.3% below another chart threshold, its 50-day moving average. Valley National Bancorp's payout ratio is now 64.71%. Barrick Gold Corp now has $17.68B valuation. The stock increased 1.41% or $0.16 during the last trading session, reaching $11.49. Mendon Capital Advisors Corp owns 1.40 million shares or 1.41% of their United States portfolio. Valley National Bancorp (NYSE:VLY) has risen 24.84% since January 5, 2017 and is uptrending. It has outperformed by 8.14% the S&P500.The move comes after 9 months positive chart setup for the $3.04 billion company. Valley National Bancorp's revenue for the quarter was up 6.5% compared to the same quarter previous year. Advisor Group Inc. now owns 9,795 shares of the financial services provider's stock worth $115,000 after purchasing an additional 2,031 shares during the period. It has underperformed by 24.96% the S&P500. The company has market cap of $3.04 billion. CVR GP, LLC serves as the general partner of the company. Shareholders of record on Wednesday, March 15th will be issued a dividend of $0.11 per share. Its up 0.05, from 0.91 in 2017Q2. 9 funds opened positions while 11 raised stakes. Overbrook invested in 0.09% or 34,113 shares. Goldman Sachs Grp Inc holds 0% or 3.63 million shares. American Century holds 160,872 shares or 0.01% of its portfolio. Fca Tx has 2,000 shares for 0.16% of their portfolio. Bluecrest Capital Limited reported 0.04% of its portfolio in KB Home (NYSE:KBH). America First Lc owns 255 shares. (NYSE:TMO). Channing Limited invested in 26,040 shares. Private Limited Liability invested in 0.85% or 464,350 shares. North Star Investment Management invested in 2,000 shares or 0% of the stock. Zurcher Kantonalbank (Zurich Cantonalbank) reported 18,647 shares. 5,000 were reported by Eulav Asset Management. Cna reported 502,664 shares. Commonwealth of Pennsylvania Public School Empls Retrmt SYS's holdings in Valley National Bancorp were worth $439,000 at the end of the most recent reporting period. Therefore 44% are positive. Valley National Bancorp had 18 analyst reports since August 19, 2015 according to SRatingsIntel. Finally, Sei Investments Co. grew its position in Valley National Bancorp by 8.2% in the 2nd quarter. The stock of Valley National Bancorp (NYSE:VLY) earned "Buy" rating by Sandler O'Neill on Friday, January 29. Evercore downgraded the stock to "Sell" rating in Thursday, January 12 report. The company was maintained on Monday, August 28 by Keefe Bruyette & Woods. As per Wednesday, October 25, the company rating was maintained by Cowen & Co. Keefe Bruyette & Woods maintained Valley National Bancorp (NYSE:VLY) rating on Thursday, September 28. On Tuesday, July 25 the stock rating was maintained by Piper Jaffray with "Hold". Currently, the stock has a 1 Year Price Target of $13.06. It also upped Tyson Foods Inc (NYSE:TSN) stake by 369,988 shares and now owns 2.93M shares. Fagan Assoc invested in 0.23% or 7,925 shares. Cvs Health Corp (NYSE:CVS) was reduced too.

Analysts expect Valley National Bancorp (NYSE:VLY) to report $0.17 EPS on January, 25 before the open.They anticipate $0.02 EPS change or 10.53 % from last quarter's $0.19 EPS. VLY's profit would be $44.94 million giving it 16.66 P/E if the $0.17 EPS is correct.

For the Current Quarter, the growth estimate for Valley National Bancorp is -10.5%, while for the Next Quarter the stock growth estimate is 11.8%. The firm earned "Buy" rating on Thursday, September 28 by Keefe Bruyette & Woods.

Investors sentiment increased to 1.66 in Q3 2017. The stock is now -0.60% away from its 50-day simple moving average and -1.75% away from the 200 day average.

Wall Street analysts expect that Valley National Bancorp (NYSE:VLY) will announce earnings per share (EPS) of $0.17 for the current fiscal quarter, according to Zacks Investment Research. Denver Investment Advisors Llc, a Colorado-based fund reported 1.26 million shares. Riverhead Capital Mgmt Ltd Liability Company accumulated 4,402 shares. Amalgamated Fincl Bank reported 0.01% stake. 35,383 were reported by Barclays Pcl.

More news: Envestnet Asset Management Inc. Increases Position in Newmont Mining Corp (NEM)

Valley National Bancorp (NYSE:VLY) now has an average analyst recommendation of 2.60 according to analysts. About 3.81 million shares traded.

Valley National Bancorp (NYSE:VLY) soared 0.98% year-to-date.

Valley National Bancorp is the bank holding company for Valley National Bank (the Bank). Hbk Sorce Advisory Ltd Com holds 0.3% or 164,823 shares.

The stock of Valley National Bancorp (NYSE:VLY) is a huge mover today! Ifc Fl reported 0.02% of its portfolio in Valley National Bancorp (NYSE:VLY). Zacks' earnings per share averages are an average based on a survey of sell-side research analysts that follow Valley National Bancorp.

Want to see what other hedge funds are holding VLY?

  • Iran at United Nations  accuses USA  of 'grotesque' meddling

    Iran at United Nations accuses USA of 'grotesque' meddling

    After seven days of rioting involving hundreds of thousands of protesters, the terrified clerical regime has instructed Gen. Iranians have a history of public civil dissent with pictures of revolutionary figures on their streets and their mantles.

    Caterpillar INC (CAT) Position Maintained by Marietta Investment Partners Llc

    Highland Capital Ltd Liability Company holds 0.1% of its portfolio in Caterpillar Inc. 93,099 were reported by Cohen & Steers. Following the completion of the sale, the insider now directly owns 11,096 shares in the company, valued at $1,526,587.68.

    Procter & Gamble Company (The) (PG) Position Reduced by 1ST Source Bank

    The stock of Public Service Enterprise Group Incorporated (NYSE:PEG) earned "Buy" rating by Argus Research on Monday, January 11. Finally, Assenagon Asset Management S.A. grew its position in shares of Procter & Gamble by 1,094.3% in the 3rd quarter.
  • TheStreet Downgrades Blackstone Mortgage Trust Inc (BXMT) to C+

    Finally, Magnetar Financial LLC grew its stake in shares of PennyMac Mortgage Investment Trust by 197.9% in the third quarter. It is positive, as 13 investors sold BXMT shares while 59 reduced holdings. 21 funds opened positions while 49 raised stakes.

    Cubist Systematic Strategies LLC Raises Stake in QEP Resources, Inc. (QEP)

    Wall Street experts also assign a $13.39 price target on QEP Resources, Inc., pointing towards a 33.1% rally from current levels. QEP Resources, Inc . on 9/29/2017 reported its EPS as $-0.15 with the analysts projecting the EPS of the stock as $-0.22.
    Rita Ora & Liam Payne: 'For You' Stream, Lyrics, & Download!

    Rita Ora & Liam Payne: 'For You' Stream, Lyrics, & Download!

    Liam Payne and Rita Ora have teamed up for a steamy new "50 Shades" collaboration called 'For You, ' and it's a total jam. Listen to the dance track! "Wasn't looking for love 'till I found you".
  • The Blackstone Group LP (BX) Consensus Earnings Predictions

    Jefferies Group LLC reiterated a "buy" rating on shares of The Blackstone Group a report on Friday, January 20th. Finally, Neuberger Berman Group LLC grew its position in shares of Blackstone Group by 0.8% during the second quarter.

    Market seeker stock- Bed Bath & Beyond Inc. (NASDAQ:BBBY)

    The retailer reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.07. Carnegie Capital Asset Management Llc acquired 12,415 shares as Schwab Charles Corp New (SCHW)'s stock declined 7.92%.
    IPL 2018: Delhi Daredevils appoint Ricky Ponting as head coach

    IPL 2018: Delhi Daredevils appoint Ricky Ponting as head coach

    Delhi has also lost the services of India A coach Rahul Dravid, who was forced to step down due to BCCI's conflict of interest. He was also appointed as the assistant coach of Australia for the T20I series versus Sri Lanka previous year .
  • Job cuts at GoPro's aerial division

    Job cuts at GoPro's aerial division

    The job cuts are part of a bigger restructuring in the company, TechCrunch reported, citing a letter sent to impacted employees . Although the layoffs will take effect immediately, the [former] employees will remain on the payroll until mid-February.

    EPS for Delta Air Lines, Inc. (DAL) Expected At $0.97

    Smith sold 894 shares of the company's stock in a transaction dated Monday, December 18th. (NYSE: DAL ) rating on Friday, July 14. The ROA of Delta Air Lines, Inc .is now valued at 7.00% indicating how profitable the company is in regards to its total assets.

    The Mosaic Company (MOS)- Analysts Detailing with Profitability Ratio Analysis

    Pekin Singer Strauss Asset Management sold 20,659 shares as the company's stock declined 29.59% while stock markets rallied. Catalyst Limited Com has 0.03% invested in The Mosaic Company (NYSE:MOS). 1,199 were reported by Sns Financial Group Ltd.