03 June, 2017
With 1.78 million avg volume, 11 days are for Valley National Bancorp (NYSE:VLY)'s short sellers to cover VLY's short positions. The Denver Investment Advisors Llc holds 2.47 million shares with $28.78 million value, down from 2.76M last quarter. Valley National Bancorp now has $3.10 billion valuation. The stock rose 3.50% or $0.74 reaching $21.87. 8,763 shares of the stock traded hands.
The consensus analysts recommendation at this point stands at 2.90 on Valley National Bancorp (NYSE:VLY). It has outperformed by 32.69% the S&P500.
Basswood Capital Management Llc increased Delphi Automotive Plc (NYSE:DLPH) stake by 11,554 shares to 50,764 valued at $3.42 million in 2016Q4.
When investors engage in short selling or "shorting a stock", they actually borrow shares from an existing owner, sell the borrowed shares at market price, and take the cash. The Macquarie Group Ltd holds 5.15M shares with $59.89M value, down from 5.22 million last quarter. The company has market cap of $2.99 billion. The stock decreased 0.23% or $0.42 during the last trading session, reaching $180.51. Another trade for 181,247 shares valued at $8.23 million was made by Henson Christopher L on Monday, January 23. (NYSE:STZ) has risen 17.20% since May 31, 2016 and is uptrending. It has outperformed by 34.87% the S&P500.
Some buy side analysts are also providing their Analysis on Valley National Bancorp, where 0 analysts have rated the stock as Strong buy, 1 analysts have given a Buy signal, 7 said it's a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell. Therefore 67% are positive. The stock of Deere & Company (NYSE:DE) earned "Underweight" rating by Piper Jaffray on Monday, August 22. The stock of Central Valley Community Bancorp (NASDAQ:CVCY) earned "Market Perform" rating by Keefe Bruyette & Woods on Friday, July 22. On Tuesday, August 25 the stock rating was upgraded by Guggenheim to "Sell". The rating was upgraded by Sandler O'Neill on Friday, January 29 to "Buy". M Partners maintained it with "Buy" rating and $40 target in Monday, November 16 report.
Investors sentiment increased to 1.55 in 2016 Q4. Its down 0.18, from 1.35 in 2016Q3. 1 funds opened positions while 0 raised stakes. Maplelane Cap Limited Liability Corp, New York-based fund reported 200,000 shares. Salem Investment Counselors Inc accumulated 50 shares. The company has market cap of $389.65 million. State Common Retirement Fund reported 243,200 shares. Jefferies Grp Limited stated it has 31,386 shares or 0.01% of all its holdings. (NYSE:STZ). Winslow Evans Crocker Incorporated reported 4,778 shares or 0% of all its holdings. Returns Mgmt Limited Liability Corporation reported 688,280 shares stake. Swiss Bank & Trust holds 0.01% or 398,200 shares. Blackrock Invest owns 0.03% invested in Valley National Bancorp (NYSE:VLY) for 1.87M shares. Hsbc Public Ltd Co reported 62,046 shares. Citigroup invested in 17,267 shares.
Ascend Capital Llc decreased Pinnacle Foods Inc Del (NYSE:PF) stake by 134,429 shares to 125,413 valued at $6.71M in 2016Q4. Mariner Wealth Advisors Ltd Liability holds 58,204 shares. Beacon Roofing Supply Inc (NASDAQ:BECN) was reduced too.
Investors sentiment is 0.98 in 2016 Q4. 144.26 million shares or 0.98% less from 145.68 million shares in 2016Q3 were reported. 212.97 million shares or 4.33% less from 222.62 million shares in 2016Q3 were reported. (NYSE:STZ). Eagle Asset Inc invested in 174,372 shares or 0.18% of the stock. Zacks Investment Research cut shares of Central Valley Community Bancorp from a "buy" rating to a "hold" rating in a report on Wednesday, May 3rd.
Central Valley Community Bancorp is a bank holding company, which operates through its subsidiary, Central Valley Community Bank. Voloridge Management Lc invested in 0% or 11,733 shares. 608,718 are owned by Nationwide Fund Advsrs. Neuberger Berman Gru Ltd Liability Corp holds 793,822 shares or 0.11% of its portfolio. Hbk Sorce Advisory Ltd has invested 0.38% of its portfolio in Valley National Bancorp (NYSE:VLY). Comerica Bank boosted its stake in shares of Valley National Bancorp by 6.3% in the fourth quarter. River Oaks Capital LLC owned about 0.24% of Central Valley Community Bancorp worth $597,000 as of its most recent filing with the SEC.
By historical standards, Valley National Bancorp remains a cheap stock. Benin Management owns 65,649 shares or 0.35% of their USA portfolio. Riverhead Capital Management LLC raised its position in shares of Valley National Bancorp by 510.8% in the third quarter. Blair William And Comm Il stated it has 5,405 shares. Finally, Teachers Advisors LLC boosted its stake in shares of Valley National Bancorp by 2.3% in the fourth quarter.
