Cedar Hill Associates Cut Its Tortoise Energy Infra (TYG) Stake; Dime Community Bancshares (DCOM) Shorts Up By 10.65%

June 8, 2017 - By Winifred Garcia

Dime Community Bancshares (NASDAQ:DCOM) had an increase of 10.65% in short interest. DCOM’s SI was 762,400 shares in June as released by FINRA. Its up 10.65% from 689,000 shares previously. With 194,200 avg volume, 4 days are for Dime Community Bancshares (NASDAQ:DCOM)’s short sellers to cover DCOM’s short positions. The SI to Dime Community Bancshares’s float is 2.73%. It closed at $19.35 lastly. It is down 10.21% since June 8, 2016 and is uptrending. It has underperformed by 6.49% the S&P500.

Cedar Hill Associates Llc decreased Tortoise Energy Infra (TYG) stake by 24.85% reported in 2016Q4 SEC filing. Cedar Hill Associates Llc sold 179,192 shares as Tortoise Energy Infra (TYG)’s stock declined 3.88%. The Cedar Hill Associates Llc holds 541,795 shares with $16.63 million value, down from 720,987 last quarter. Tortoise Energy Infra now has $1.33 billion valuation. It closed at $28.79 lastly. It is down 14.57% since June 8, 2016 and is uptrending. It has underperformed by 2.13% the S&P500.

Since April 28, 2017, it had 1 buy, and 6 insider sales for $248,916 activity. Lubow Stuart H bought $111,146 worth of stock. $38,902 worth of Dime Community Bancshares, Inc. (NASDAQ:DCOM) shares were sold by PUCELLA MICHAEL. 1,219 Dime Community Bancshares, Inc. (NASDAQ:DCOM) shares with value of $23,569 were sold by BENNETT LANCE. Another trade for 3,896 shares valued at $75,329 was made by KING TIMOTHY B on Friday, April 28. Lenhoff Timothy had sold 868 shares worth $16,783 on Friday, April 28. MAHON KENNETH J sold $149,286 worth of stock or 7,721 shares. COHN STEVEN D sold 2,761 shares worth $56,193.

Dime Community Bancshares, Inc. operates as a holding firm for Dime Community Bank , a chartered savings bank. The company has market cap of $731.99 million. The Firm is a unitary savings and loan holding company. It has a 21.47 P/E ratio. The Firm operates through Community Banking segment.

Among 5 analysts covering Dime Community Bancshares (NASDAQ:DCOM), 1 have Buy rating, 1 Sell and 3 Hold. Therefore 20% are positive. Dime Community Bancshares had 8 analyst reports since July 29, 2015 according to SRatingsIntel. PiperJaffray upgraded Dime Community Bancshares, Inc. (NASDAQ:DCOM) on Tuesday, May 9 to “Overweight” rating. The rating was downgraded by Piper Jaffray on Friday, June 3 to “Neutral”. The firm earned “Underweight” rating on Tuesday, December 6 by Barclays Capital. On Monday, October 26 the stock rating was upgraded by Piper Jaffray to “Overweight”. The firm has “Hold” rating given on Friday, May 26 by Keefe Bruyette & Woods. The company was initiated on Wednesday, September 16 by Piper Jaffray.

Investors sentiment decreased to 1.25 in Q4 2016. Its down 0.51, from 1.76 in 2016Q3. It turned negative, as 16 investors sold Dime Community Bancshares, Inc. shares while 35 reduced holdings. 16 funds opened positions while 48 raised stakes. 24.12 million shares or 0.81% more from 23.93 million shares in 2016Q3 were reported. Renaissance Techs Ltd Limited Liability Company reported 609,625 shares or 0.02% of all its holdings. Sei Invests reported 5 shares. Schroder Invest Mngmt Grp invested 0% of its portfolio in Dime Community Bancshares, Inc. (NASDAQ:DCOM). Seizert Prtnrs Limited Company invested in 216,247 shares or 0.15% of the stock. Martingale Asset Mngmt L P invested 0% of its portfolio in Dime Community Bancshares, Inc. (NASDAQ:DCOM). 518,998 were accumulated by Nordea Inv. Texas Permanent School Fund reported 22,729 shares stake. New York-based Metropolitan Life Ins Ny has invested 0% in Dime Community Bancshares, Inc. (NASDAQ:DCOM). Clear Harbor Asset Limited Liability stated it has 0.06% in Dime Community Bancshares, Inc. (NASDAQ:DCOM). Teton Advsrs has invested 0.07% in Dime Community Bancshares, Inc. (NASDAQ:DCOM). Employees Retirement Association Of Colorado reported 18,741 shares or 0% of all its holdings. Toronto Dominion Bancorp owns 0% invested in Dime Community Bancshares, Inc. (NASDAQ:DCOM) for 11 shares. Intll Grp Incorporated Incorporated owns 22,899 shares or 0% of their US portfolio. 59,300 were reported by Td Asset Mgmt Inc. Mason Street Advsrs Ltd Liability Company has invested 0% in Dime Community Bancshares, Inc. (NASDAQ:DCOM).

Investors sentiment increased to 1.22 in Q4 2016. Its up 0.29, from 0.93 in 2016Q3. It increased, as 12 investors sold TYG shares while 33 reduced holdings. 9 funds opened positions while 46 raised stakes. 14.39 million shares or 3.21% more from 13.94 million shares in 2016Q3 were reported. Moreover, Envestnet Asset Mgmt has 0.01% invested in Tortoise Energy Infrastructure Corp. (NYSE:TYG). Northwestern Mutual Wealth Mgmt accumulated 5,494 shares. American Fincl Gru Inc holds 0.73% or 248,716 shares. The Kentucky-based Hl Ltd Liability Corp has invested 0.02% in Tortoise Energy Infrastructure Corp. (NYSE:TYG). Asset Mgmt has invested 0.18% in Tortoise Energy Infrastructure Corp. (NYSE:TYG). The Pennsylvania-based Sei Invs Com has invested 0% in Tortoise Energy Infrastructure Corp. (NYSE:TYG). Morgan Stanley accumulated 0.01% or 1.33 million shares. Advisory Inc holds 0.09% of its portfolio in Tortoise Energy Infrastructure Corp. (NYSE:TYG) for 9,452 shares. Stephens Ar invested 0.03% of its portfolio in Tortoise Energy Infrastructure Corp. (NYSE:TYG). Royal Fincl Bank Of Canada holds 197,289 shares or 0% of its portfolio. 179,344 were reported by Segall Bryant & Hamill Ltd Liability Com. Johnson Investment Counsel reported 0.3% of its portfolio in Tortoise Energy Infrastructure Corp. (NYSE:TYG). Jpmorgan Chase owns 500 shares for 0% of their portfolio. Macroview Inv Mngmt Limited Liability Company invested 0.25% of its portfolio in Tortoise Energy Infrastructure Corp. (NYSE:TYG). 324 are held by First Interstate Bank & Trust.

Since April 12, 2017, it had 1 insider purchase, and 0 selling transactions for $3,506 activity. Another trade for 100 shares valued at $3,506 was made by BIRZER H KEVIN on Wednesday, April 12.