Valley National Bancorp (NYSE:VLY) Rating Changes as of May 16, 2018

May 16, 2018 - By Mark Mitchell

During 2017 Q4 the big money sentiment decreased to 1.3. That’s change of 0.36, from 2017Q3’s 1.66. 23 investors sold all, 67 reduced holdings as Valley National Bancorp ratio fall. 84 grew stakes while 33 funds took stakes. Funds hold 165.19 million shares thus 1.26% less from 2017Q3’s 167.29 million shares.
Moreover, Private Mgmt Lc has 0.81% invested in Valley National Bancorp (NYSE:VLY) for 450,180 shs. Hallmark Cap reported 0.21% in Valley National Bancorp (NYSE:VLY). Cibc Asset Mgmt holds 0% in Valley National Bancorp (NYSE:VLY) or 10,423 shs. Crawford Counsel holds 1.32M shs. Teacher Retirement Sys Of Texas accumulated 90,106 shs or 0.01% of the stock. Dimensional Fund Advsr Limited Partnership stated it has 0.06% of its capital in Valley National Bancorp (NYSE:VLY). Citigroup reported 40,975 shs. 39,865 are held by Ing Groep Nv. The New York-based Bank & Trust Of Mellon Corp has invested 0.01% in Valley National Bancorp (NYSE:VLY). Balyasny Asset Limited Liability Company stated it has 11,700 shs or 0% of all its holdings. 12,265 were accumulated by Mercer Cap Advisers. The Kansas-based Mariner Wealth Advsr Lc has invested 0.03% in Valley National Bancorp (NYSE:VLY). 21 are owned by Assetmark Incorporated. Employees Retirement Association Of Colorado accumulated 36,668 shs or 0% of the stock. Moreover, Community National Bank & Trust Na has 0.04% invested in Valley National Bancorp (NYSE:VLY) for 34,342 shs.

Valley National Bancorp registered $2.40 million net activity with 2 insider purchases and 2 insider sales since January 29, 2018. Steans Jennifer W sold 175,300 shs worth $2.24M. Baum Peter J had bought 3,433 shs worth $43,613. GUILFOILE MARY sold $236,079 worth of stock or 18,516 shs.

Valley National Bancorp (NYSE:VLY) Ratings Coverage

A total of 7 analysts rate Valley National (NYSE:VLY) as follows: 6 “Buy”, 1 “Hold” and 0 “Sell”. Тherefore 86% are bullish. (NYSE:VLY) has 10 ratings reports on May 16, 2018 according to StockzIntelligence. On Monday, January 29 the rating was maintained by Piper Jaffray with “Buy”. On Tuesday, January 30 the rating was maintained by Hovde Group with “Buy”. On Friday, March 16 the stock has “Buy” rating by Piper Jaffray. On Friday, January 5 PiperJaffray upgraded Valley National Bancorp (NYSE:VLY) to “Overweight” rating. On Thursday, December 21 the stock of Valley National Bancorp (NYSE:VLY) has “Buy” rating given by Keefe Bruyette & Woods. On Monday, April 30 the rating was maintained by Morgan Stanley with “Equal-Weight”. On Wednesday, January 31 Morgan Stanley maintained Valley National Bancorp (NYSE:VLY) rating. Morgan Stanley has “Equal-Weight” rating and $13.5 target. The stock rating was maintained by Sandler O’Neill with “Hold” on Thursday, January 25. On Thursday, April 26 the stock of Valley National Bancorp (NYSE:VLY) earned “Buy” rating by Sandler O’Neill. Listed here are Valley National Bancorp (NYSE:VLY) PTs and latest ratings.

30/04/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $13.5 New Target: $14 Maintain
26/04/2018 Broker: Sandler O’Neill Rating: Buy Upgrade
16/03/2018 Broker: Piper Jaffray Rating: Buy New Target: $14.5 Maintain
31/01/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $13 New Target: $13.5 Maintain
30/01/2018 Broker: Hovde Group Rating: Buy New Target: $14.0 Maintain
29/01/2018 Broker: Piper Jaffray Rating: Buy New Target: $14.0 Maintain
25/01/2018 Broker: Sandler O’Neill Rating: Hold New Target: $13.0 Maintain
05/01/2018 Broker: PiperJaffray Old Rating: Neutral New Rating: Overweight Upgrade
21/12/2017 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $15.0 Maintain
21/12/2017 Broker: RBC Capital Markets Rating: Outperform New Target: $14 Initiates Coverage On

Ticker’s shares touched $12.79 during the last trading session after 0.47% change.Valley National Bancorp has volume of 2.23 million shares. Since May 16, 2017 VLY has risen 6.96% and is uptrending. The stock underperformed the S&P500 by 4.59%.

Valley National Bancorp operates as the holding firm for the Valley National Bank that provides commercial, retail, trust, and investment services.The company has $4.24 billion market cap. The firm operates through Commercial Lending, Consumer Lending, and Investment Management divisions.The P/E ratio is 22.17. The Company’s deposit products include non-interest bearing, savings, NOW, and money market deposits, as well as certificates of deposit.

Another two news for Valley National Bancorp (NYSE:VLY) were recently brought out by: Seekingalpha.com on April 26, 2018 with title “Valley National Bancorp’s (VLY) CEO Ira Robbins on Q1 2018 Results – Earnings Call Transcript”. The other Globenewswire.com‘s article was titled “New Research: Key Drivers of Growth for Comerica, Valley National, Santander Consumer, Sterling, Kemet, and …” and brought out on May 11, 2018.

Valley National Bancorp (NYSE:VLY) Institutional Investors Chart

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