2 days Ago By ABMN Staff
Quest Partners LLC bought a new position in shares of Dime Community Bancshares, Inc. ( NASDAQ:DCOM – Free Report ) during the second quarter, Holdings Channel.com reports.
The fund bought 4,932 shares of the savings and loans company’s stock, valued at approximately $101,000. A number of other large investors also recently modified their holdings of DCOM. Victory Capital Management Inc.
grew its stake in shares of Dime Community Bancshares by 9.6% during the fourth quarter. Victory Capital Management Inc.
now owns 45,100 shares of the savings and loans company’s stock worth $1,215,000 after purchasing an additional 3,950 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Dime Community Bancshares by 6.
4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 290,838 shares of the savings and loans company’s stock valued at $7,832,000 after acquiring an additional 17,446 shares during the last quarter.
Dimensional Fund Advisors LP increased its holdings in shares of Dime Community Bancshares by 2.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,146,521 shares of the savings and loans company’s stock valued at $57,807,000 after acquiring an additional 43,679 shares during the last quarter.
BHZ Capital Management LP raised its position in shares of Dime Community Bancshares by 28.7% during the 4th quarter. BHZ Capital Management LP now owns 83,338 shares of the savings and loans company’s stock worth $2,244,000 after acquiring an additional 18,592 shares in the last quarter.
Finally, Hennessy Advisors Inc. purchased a new stake in Dime Community Bancshares during the fourth quarter worth approximately $3,016,000. 75.
27% of the stock is owned by hedge funds and other institutional investors. Analyst Ratings Changes Several equities analysts have commented on the stock. StockNews.
com upgraded shares of Dime Community Bancshares from a “sell” rating to a “hold” rating in a research note on Friday. Piper Sandler lowered shares of Dime Community Bancshares from an “overweight” rating to a “neutral” rating and lifted their price target for the stock from $23.00 to $26.
00 in a research note on Tuesday, July 23rd. Finally, Keefe, Bruyette & Woods boosted their price target on shares of Dime Community Bancshares from $25.50 to $28.
00 and gave the company an “outperform” rating in a research report on Thursday, July 25th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.
com, the stock has an average rating of “Moderate Buy” and an average target price of $27.25. Dime Community Bancshares Stock Performance Shares of Dime Community Bancshares stock opened at $26.
01 on Tuesday. The firm’s fifty day simple moving average is $23.92 and its 200-day simple moving average is $20.
63. Dime Community Bancshares, Inc. has a 12 month low of $17.
29 and a 12 month high of $27.91. The stock has a market capitalization of $1.
02 billion, a price-to-earnings ratio of 14.61 and a beta of 1.00.
The company has a debt-to-equity ratio of 0.79, a current ratio of 1.02 and a quick ratio of 1.
02. Dime Community Bancshares ( NASDAQ:DCOM – Get Free Report ) last posted its quarterly earnings data on Tuesday, July 23rd. The savings and loans company reported $0.
37 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.01.
Dime Community Bancshares had a net margin of 9.98% and a return on equity of 6.58%.
The company had revenue of $171.23 million for the quarter, compared to analyst estimates of $82.19 million.
During the same period in the previous year, the business posted $0.68 earnings per share. As a group, equities analysts forecast that Dime Community Bancshares, Inc.
will post 1.59 earnings per share for the current year. Dime Community Bancshares Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 24th.
Shareholders of record on Wednesday, July 17th were paid a dividend of $0.25 per share. This represents a $1.
00 annualized dividend and a yield of 3.84%. The ex-dividend date of this dividend was Wednesday, July 17th.
Dime Community Bancshares’s dividend payout ratio is presently 56.18%. Dime Community Bancshares Profile ( Free Report ) Dime Community Bancshares, Inc operates as the holding company for Dime Community Bank that engages in the provision of various commercial banking and financial services.
The company accepts time, savings, and demand deposits from the businesses, consumers, and local municipalities. It also offers commercial real estate loans; multi-family mortgage loans; residential mortgage loans; letters of credit; secured and unsecured commercial and consumer loans; lines of credit; home equity loans; and construction and land loans. Further Reading Want to see what other hedge funds are holding DCOM? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Dime Community Bancshares, Inc. ( NASDAQ:DCOM – Free Report ). Receive News & Ratings for Dime Community Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dime Community Bancshares and related companies with MarketBeat.
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