Valley National Bancorp Q2 2017 Institutional Investor Sentiment Better Than Expected

The fund owned 1,496,105 shares of the financial services provider's stock after selling 78,640 shares during the quarter. Valley National Bancorp (VLY) has risen 24.84% since October 12, 2016 and is uptrending. It has outperformed by 0.99% the S&P500. The ratio is positive, as 125 institutional investors increased and started new positions, while 79 reduced and sold stakes in Valley National Bancorp. The Glenmede Trust Company Na holds 83,276 shares with $982,000 value, up from 1,276 last quarter. Century Management Lc has invested 0.27% in Valley National Bancorp (NYSE:VLY). Morgan Stanley restated an "equal weight" rating and set a $11.50 target price (up previously from $11.00) on shares of Valley National Bancorp in a report on Friday, July 7th. About 166,724 shares traded.

The share price of Valley National Bancorp (NYSE:VLY) was down -0.34% during the last trading session, with a day high of 12.00. It has outperformed by 8.14% the S&P500. Its down 0.01, from 0.79 in 2017Q1.

Eagle Asset Management Inc decreased Du Pont (E.I.) De Nemours (DD) stake by 2.51% reported in 2017Q2 SEC filing. Sandhill Capital Prns Ltd Llc invested in 0.13% or 7,646 shares. BlackRock Inc. now owns 31,310,183 shares of the financial services provider's stock valued at $369,461,000 after purchasing an additional 30,997,551 shares during the period. Ffcm LLC now owns 10,262 shares of the financial services provider's stock valued at $124,000 after acquiring an additional 7,079 shares during the last quarter. Bnp Paribas Arbitrage accumulated 25,847 shares. Alpine Woods Ltd Liability Corporation holds 0.01% or 20,294 shares. Hancock Hldg owns 106,578 shares for 0.05% of their portfolio.

Osterweis Capital Management Inc, which manages about $1.62 billion and $1.31 billion US Long portfolio, upped its stake in Cedar Fair LP (NYSE:FUN) by 28,235 shares to 389,556 shares, valued at $28.09 million in 2017Q2, according to the filing. 1,181,538 shares of the stock were exchanged. Legal General Gp Public Limited Company invested in 0% or 331,338 shares. 21,817 were accumulated by Cambridge Investment Research Advsr. First Advsr L P stated it has 250,599 shares. California State Teachers Retirement reported 104,460 shares or 0.03% of all its holdings. Advantus Capital Mgmt reported 6,352 shares. $52,402 worth of IDACORP Inc (NYSE:IDA) shares were sold by Malmen Jeffrey L. The stock's market capitalization is 3.13B. The Company's segment is utility operations. It has a 16.96 P/E ratio.

Investors sentiment decreased to 1.05 in Q2 2017.

Since May 1, 2017, it had 0 buys, and 1 sale for $4.36 million activity. 36 funds opened positions while 89 raised stakes. The institutional investors in our partner's database now have: 162.82 million shares, up from 161.46 million shares in 2017Q1. Valley National Bancorp earned a media sentiment score of 0.21 on Accern's scale.

Analysts await Valley National Bancorp (NYSE:VLY) to report earnings on October, 25 before the open. 765,656 are held by Massachusetts Ma. Teachers Advisors LLC boosted its holdings in shares of Valley National Bancorp by 341.0% in the first quarter. The stock of Valley National Bancorp (NYSE:VLY) has "Hold" rating given on Monday, November 14 by Sandler O'Neill. 38,506 were reported by Commonwealth Of Pennsylvania School Empls Retrmt. Credit Suisse Ag stated it has 256,943 shares. Fincl Bank has 214,270 shares for 0.24% of their portfolio. Renaissance Technologies Ltd reported 73,970 shares. It also reduced its holding in Foot Locker Inc (NYSE:FL) by 35,804 shares in the quarter, leaving it with 17,990 shares, and cut its stake in Tupperware Brands Corp (NYSE:TUP). Ameren Corp (NYSE:AEE) was reduced too.

Among 9 analysts covering Valley National Bancorp (NYSE:VLY), 3 have Buy rating, 1 Sell and 5 Hold. Therefore 0 are positive.

Ratings analysis reveals 33% of Valley National Bancorp's analysts are positive. The stock of Valley National Bancorp (NYSE:VLY) earned "Outperform" rating by Wood on Thursday, July 27. The stock of Valley National Bancorp (NYSE:VLY) has "Buy" rating given on Thursday, September 28 by Keefe Bruyette & Woods.

In other news, Director Mary Guilfoile sold 39,495 shares of the firm's stock in a transaction on Friday, August 4th.

Among 3 analysts covering William Lyon Homes (NYSE:WLH), 0 have Buy rating, 0 Sell and 3 Hold. RBC Capital Markets maintained the shares of VLY in report on Thursday, January 28 with "Sector Perform" rating. The firm has "Buy" rating by Keefe Bruyette & Woods given on Monday, August 28. Swiss Bank & Trust holds 0.01% of its portfolio in Valley National Bancorp (NYSE:VLY) for 439,200 shares. On Friday, January 29 the stock rating was upgraded by Sandler O'Neill to "Buy". Zacks upgraded the stock to "Hold" rating in Friday, September 4 report.

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