As Ddr (DDR) Stock Price Declined, Westpac Banking Cut Holding; Crawford Investment Counsel Has Decreased Its Holding in New York Cmnty Bancorp (NYCB) by $10.10 Million

February 15, 2018 - By Richard Conner

Westpac Banking Corp decreased its stake in Ddr Corp (DDR) by 4.33% based on its latest 2017Q3 regulatory filing with the SEC. Westpac Banking Corp sold 49,062 shares as the company’s stock declined 35.61% while stock markets rallied. The institutional investor held 1.08 million shares of the real estate investment trusts company at the end of 2017Q3, valued at $9.92 million, down from 1.13 million at the end of the previous reported quarter. Westpac Banking Corp who had been investing in Ddr Corp for a number of months, seems to be less bullish one the $2.64B market cap company. The stock increased 0.14% or $0.01 during the last trading session, reaching $7.19. About 4.02M shares traded. DDR Corp. (NYSE:DDR) has declined 44.53% since February 15, 2017 and is downtrending. It has underperformed by 61.23% the S&P500.

Crawford Investment Counsel Inc decreased its stake in New York Cmnty Bancorp Inc (NYCB) by 94.8% based on its latest 2017Q3 regulatory filing with the SEC. Crawford Investment Counsel Inc sold 841,567 shares as the company’s stock declined 14.48% while stock markets rallied. The institutional investor held 46,162 shares of the finance company at the end of 2017Q3, valued at $595,000, down from 887,729 at the end of the previous reported quarter. Crawford Investment Counsel Inc who had been investing in New York Cmnty Bancorp Inc for a number of months, seems to be less bullish one the $6.77B market cap company. The stock increased 2.29% or $0.31 during the last trading session, reaching $13.85. About 5.50M shares traded or 23.51% up from the average. New York Community Bancorp, Inc. (NYSE:NYCB) has declined 13.57% since February 15, 2017 and is downtrending. It has underperformed by 30.27% the S&P500.

Investors sentiment decreased to 1.04 in Q3 2017. Its down 0.10, from 1.14 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. Stephens Ar reported 40,801 shares. Peak6 Invs LP owns 82,493 shares or 0.01% of their US portfolio. Credit Agricole S A reported 628,925 shares or 0.03% of all its holdings. Qv Invsts Incorporated stated it has 0.51% in New York Community Bancorp, Inc. (NYSE:NYCB). Bnp Paribas Arbitrage Sa holds 0.01% of its portfolio in New York Community Bancorp, Inc. (NYSE:NYCB) for 252,680 shares. State Common Retirement Fund invested in 1.16M shares or 0.02% of the stock. Barrow Hanley Mewhinney Strauss Ltd Liability Corp invested in 27.83 million shares. Community Bank & Trust Na, a New York-based fund reported 1,400 shares. Parkside Comml Bank Tru stated it has 126 shares or 0% of all its holdings. Shell Asset Management holds 0.02% or 78,719 shares in its portfolio. Brinker Capital has 0.04% invested in New York Community Bancorp, Inc. (NYSE:NYCB). Girard Prtnrs Limited reported 29,308 shares. State Board Of Administration Of Florida Retirement invested 0.02% in New York Community Bancorp, Inc. (NYSE:NYCB). Legal General Public Limited Company holds 0.03% or 2.70M shares. Old Mutual Customised Solutions (Proprietary) holds 0.04% in New York Community Bancorp, Inc. (NYSE:NYCB) or 25,400 shares.

Crawford Investment Counsel Inc, which manages about $4.53 billion and $3.08 billion US Long portfolio, upped its stake in Accenture Plc Ireland (NYSE:ACN) by 15,914 shares to 401,354 shares, valued at $54.21M in 2017Q3, according to the filing. It also increased its holding in Johnson & Johnson (NYSE:JNJ) by 10,221 shares in the quarter, for a total of 612,198 shares, and has risen its stake in Bryn Mawr Bk Corp (NASDAQ:BMTC).

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. Standpoint Research upgraded the stock to “Buy” rating in Friday, October 30 report. Keefe Bruyette & Woods maintained it with “Hold” rating and $13.5000 target in Tuesday, June 27 report. The stock has “Hold” rating by Keefe Bruyette & Woods on Tuesday, October 3. As per Wednesday, October 11, the company rating was maintained by Barclays Capital. The company was maintained on Tuesday, January 2 by Barclays Capital. FBR Capital maintained New York Community Bancorp, Inc. (NYSE:NYCB) rating on Thursday, January 26. FBR Capital has “Underperform” rating and $14 target. The firm earned “Buy” rating on Monday, November 30 by Bank of America. As per Tuesday, September 19, the company rating was maintained by Piper Jaffray. The company was downgraded on Friday, October 30 by FBR Capital. FBR Capital maintained the shares of NYCB in report on Thursday, April 27 with “Underperform” rating.

Investors sentiment increased to 1.34 in Q3 2017. Its up 0.18, from 1.16 in 2017Q2. It increased, as 18 investors sold DDR shares while 74 reduced holdings. 42 funds opened positions while 81 raised stakes. 284.96 million shares or 0.36% more from 283.95 million shares in 2017Q2 were reported. Tudor Invest Et Al stated it has 24,421 shares or 0.01% of all its holdings. The Japan-based Sumitomo Mitsui Asset Communication Ltd has invested 0% in DDR Corp. (NYSE:DDR). Parallax Volatility Advisers Lp has invested 0% of its portfolio in DDR Corp. (NYSE:DDR). Susquehanna Intll Gp Ltd Liability Partnership accumulated 11,490 shares. First Advsrs Limited Partnership owns 226,978 shares. Honeywell Interest Inc stated it has 80,620 shares or 0.03% of all its holdings. Employees Retirement System Of Ohio accumulated 495,105 shares. Gideon Cap Advsr has 0.11% invested in DDR Corp. (NYSE:DDR) for 12,111 shares. Prelude Mngmt Limited Liability Corp reported 0.22% stake. Creative Planning owns 77,691 shares for 0% of their portfolio. D E Shaw, New York-based fund reported 1.17M shares. Brinker owns 0.01% invested in DDR Corp. (NYSE:DDR) for 15,376 shares. Wealthtrust Fairport Limited Liability has 64,573 shares for 0.06% of their portfolio. Profund Advsr Ltd Liability reported 15,570 shares. Principal Finance holds 0.06% or 7.13M shares in its portfolio.

Among 23 analysts covering Developers Diversified Realty (NYSE:DDR), 4 have Buy rating, 2 Sell and 17 Hold. Therefore 17% are positive. Developers Diversified Realty had 55 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Thursday, November 2 by SunTrust. As per Tuesday, July 26, the company rating was initiated by Raymond James. The company was upgraded on Monday, November 7 by Mizuho. UBS downgraded DDR Corp. (NYSE:DDR) on Tuesday, December 13 to “Sell” rating. The stock of DDR Corp. (NYSE:DDR) has “Neutral” rating given on Tuesday, October 18 by Boenning & Scattergood. Jefferies maintained the shares of DDR in report on Monday, July 24 with “Hold” rating. KeyBanc Capital Markets upgraded the stock to “Overweight” rating in Friday, April 15 report. Jefferies maintained it with “Hold” rating and $13 target in Monday, May 29 report. The rating was downgraded by CapitalOne on Monday, December 21 to “Equal Weight”. The stock of DDR Corp. (NYSE:DDR) earned “Hold” rating by Evercore on Tuesday, September 8.

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.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: