Grantham Mayo Van Otterloo & Co Has Increased Its Progressive Ohio (PGR) Holding; New York Community Bancorp (NYCB) Shorts Increased By 5.58%

January 14, 2018 - By Nellie Frank

New York Community Bancorp Incorporated (NYSE:NYCB) had an increase of 5.58% in short interest. NYCB’s SI was 37.23 million shares in January as released by FINRA. Its up 5.58% from 35.26 million shares previously. With 3.71M avg volume, 10 days are for New York Community Bancorp Incorporated (NYSE:NYCB)’s short sellers to cover NYCB’s short positions. The SI to New York Community Bancorp Incorporated’s float is 7.87%. The stock decreased 1.02% or $0.14 during the last trading session, reaching $13.64. About 4.64M shares traded or 13.21% up from the average. New York Community Bancorp, Inc. (NYSE:NYCB) has declined 13.57% since January 14, 2017 and is downtrending. It has underperformed by 30.27% the S&P500.

Grantham Mayo Van Otterloo & Co Llc increased Progressive Corp Ohio (PGR) stake by 1289.36% reported in 2017Q3 SEC filing. Grantham Mayo Van Otterloo & Co Llc acquired 454,500 shares as Progressive Corp Ohio (PGR)’s stock rose 6.56%. The Grantham Mayo Van Otterloo & Co Llc holds 489,750 shares with $23.71M value, up from 35,250 last quarter. Progressive Corp Ohio now has $32.54B valuation. The stock increased 0.50% or $0.28 during the last trading session, reaching $55.94. About 2.66M shares traded. The Progressive Corporation (NYSE:PGR) has risen 26.23% since January 14, 2017 and is uptrending. It has outperformed by 9.53% the S&P500.




Investors sentiment decreased to 1.04 in 2017 Q3. Its down 0.10, from 1.14 in 2017Q2. It turned negative, as 37 investors sold New York Community Bancorp, Inc. 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. Jpmorgan Chase And Communication reported 9,301 shares. Hourglass Cap Limited Liability Corporation has 564,697 shares. Proshare Llc has 0.01% invested in New York Community Bancorp, Inc. (NYSE:NYCB) for 99,044 shares. Louisiana State Employees Retirement has invested 0.08% in New York Community Bancorp, Inc. (NYSE:NYCB). 253,200 were reported by Pictet Asset Mngmt Ltd. Nordea Invest Mgmt reported 13,551 shares. Cambridge Investment Research Advsr has 86,270 shares for 0.01% of their portfolio. Great West Life Assurance Communications Can accumulated 520,417 shares or 0.02% of the stock. Prudential Fincl holds 0.01% or 610,628 shares. Schroder Management Group accumulated 573,849 shares or 0.01% of the stock. Barclays Public Ltd Co has invested 0.01% in New York Community Bancorp, Inc. (NYSE:NYCB). Bessemer Incorporated has invested 0% in New York Community Bancorp, Inc. (NYSE:NYCB). Janney Montgomery Scott Lc has 0.05% invested in New York Community Bancorp, Inc. (NYSE:NYCB). Alecta Pensionsforsakring Omsesidigt owns 1.26% invested in New York Community Bancorp, Inc. (NYSE:NYCB) for 11.40 million shares. 300 were accumulated by Evercore Wealth Limited.

Among 13 analysts covering New York Community Bancorp Inc. (NYSE:NYCB), 4 have Buy rating, 2 Sell and 7 Hold. Therefore 31% are positive. New York Community Bancorp Inc. had 33 analyst reports since August 20, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Friday, May 26 report. The rating was maintained by Barclays Capital on Wednesday, October 11 with “Equal-Weight”. The firm has “Neutral” rating given on Friday, October 7 by Wedbush. On Monday, November 2 the stock rating was upgraded by Sandler O’Neill to “Buy”. On Thursday, January 26 the stock rating was maintained by FBR Capital with “Underperform”. As per Thursday, January 28, the company rating was maintained by RBC Capital Markets. The firm has “Buy” rating by Sterne Agee CRT given on Tuesday, January 5. Raymond James upgraded the shares of NYCB in report on Friday, October 30 to “Outperform” rating. On Wednesday, August 16 the stock rating was maintained by Piper Jaffray with “Sell”. Keefe Bruyette & Woods upgraded New York Community Bancorp, Inc. (NYSE:NYCB) on Friday, October 30 to “Mkt Perform” rating.

New York Community Bancorp, Inc. operates as a holding firm for New York Community Bank and New York Commercial Bank that offer banking products and financial services in Metro New York, New Jersey, Ohio, Florida, and Arizona. The company has market cap of $6.67 billion. The firm offers various deposit products that include checking and savings accounts, individual retirement accounts, certificates of deposit, NOW and money market accounts, and non-interest-bearing accounts. It has a 15.68 P/E ratio. The Company’s loan portfolio comprises one-to-four family loans; multi-family loans; commercial real estate loans; acquisition, development, and construction loans; specialty finance loans and leases; and other C&I loans consist primarily of home equity loans and lines of credit, as well as various consumer loans.

Since August 17, 2017, it had 0 buys, and 5 sales for $4.92 million activity. 6,000 shares were sold by Charney M Jeffrey, worth $293,400. 50,000 shares were sold by Sauerland John P, worth $2.43 million. Broz Steven sold $60,913 worth of The Progressive Corporation (NYSE:PGR) on Wednesday, August 23. Another trade for 9,000 shares valued at $434,070 was sold by BASCH JEFFREY W. Griffith Susan Patricia sold 35,000 shares worth $1.70M.

Investors sentiment decreased to 1.07 in Q3 2017. Its down 0.12, from 1.19 in 2017Q2. It dived, as 43 investors sold PGR shares while 189 reduced holdings. 63 funds opened positions while 185 raised stakes. 447.86 million shares or 0.41% less from 449.71 million shares in 2017Q2 were reported. Guggenheim Cap Ltd owns 1.06 million shares for 0.12% of their portfolio. Cornerstone Advsrs Inc reported 3,404 shares stake. Parametric Portfolio Associate Limited Com reported 0.07% of its portfolio in The Progressive Corporation (NYSE:PGR). Asset Mngmt One Limited reported 0.1% stake. Bb&T Secs Limited Co owns 4,835 shares or 0% of their US portfolio. Cornerstone Cap Holdings Limited Liability Company accumulated 472,767 shares or 0.18% of the stock. Smithfield holds 0.01% in The Progressive Corporation (NYSE:PGR) or 2,009 shares. Pictet Asset stated it has 0.04% of its portfolio in The Progressive Corporation (NYSE:PGR). Cibc Ww Mkts Corporation holds 0.04% or 84,751 shares. Manufacturers Life Insurance Co The has 0.04% invested in The Progressive Corporation (NYSE:PGR) for 650,710 shares. Driehaus Capital Llc stated it has 7,087 shares or 0.01% of all its holdings. 25,500 are held by Old Mutual Customised Solutions (Proprietary) Limited. 2.43 million were reported by Millennium Management Limited Liability Corp. Rhumbline Advisers holds 1.15 million shares. Berkshire Asset Ltd Liability Com Pa reported 45,100 shares.

Among 18 analysts covering Progressive (NYSE:PGR), 8 have Buy rating, 2 Sell and 8 Hold. Therefore 44% are positive. Progressive had 52 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Sunday, July 23. The stock of The Progressive Corporation (NYSE:PGR) earned “Hold” rating by Wells Fargo on Tuesday, July 18. The rating was downgraded by Goldman Sachs to “Sell” on Monday, November 16. The firm has “Neutral” rating by Goldman Sachs given on Tuesday, January 10. The company was maintained on Monday, December 4 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained The Progressive Corporation (NYSE:PGR) on Monday, September 18 with “Buy” rating. The rating was maintained by Wells Fargo with “Hold” on Thursday, August 3. On Thursday, March 17 the stock rating was maintained by Goldman Sachs with “Sell”. The stock has “Market Perform” rating by Bernstein on Tuesday, January 19. The stock of The Progressive Corporation (NYSE:PGR) earned “Hold” rating by FBR Capital on Tuesday, July 11.

Grantham Mayo Van Otterloo & Co Llc decreased Qualcomm Inc (Put) (NASDAQ:QCOM) stake by 5.55M shares to 350,000 valued at $18.14 million in 2017Q3. It also reduced Infosys Ltd (NYSE:INFY) stake by 1.22 million shares and now owns 10.59 million shares. Itau Unibanco Hldg Sa (NYSE:ITUB) was reduced too.

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 FREE 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: