Valley National Bancorp (NYSE:VLY) Sellers Strengthened By 14.62% Their Shorts As Of May 3, 2018

May 3, 2018 - By Sarah Holford

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 increased holdings while 33 funds bought holdings. Funds hold 165.19 million shares thus 1.26% less from 2017Q3’s 167.29 million shares.
Lsv Asset Mgmt has 0.01% invested in Valley National Bancorp (NYSE:VLY). Jpmorgan Chase & Com has invested 0% of its capital in Valley National Bancorp (NYSE:VLY). Principal Fincl Group holds 0.04% or 3.58 million shs in its capital. Balyasny Asset Management Ltd Limited Liability Company has invested 0% in Valley National Bancorp (NYSE:VLY). Creative Planning holds 0% or 14,641 shs in its capital. Zeke Advsr Ltd Company reported 0.02% stake. Meritage Port Mgmt holds 0.37% or 343,195 shs. Moreover, First Lp has 0% invested in Valley National Bancorp (NYSE:VLY) for 143,090 shs. 449,700 are owned by Swiss Bancorp. Great West Life Assurance Co Can holds 0% of its capital in Valley National Bancorp (NYSE:VLY) for 159,320 shs. Moreover, Raymond James Serv Advsrs has 0% invested in Valley National Bancorp (NYSE:VLY) for 42,097 shs. Texas Permanent School Fund holds 178,588 shs. Moreover, Gsa Partners Llp has 0.01% invested in Valley National Bancorp (NYSE:VLY) for 21,330 shs. Third Avenue Management Ltd owns 0.1% invested in Valley National Bancorp (NYSE:VLY) for 189,675 shs. Gotham Asset Limited Company reported 0.01% stake.

Valley National Bancorp registered $68,558 net activity with 2 insider buys and 0 insider sales since January 29, 2018. LENNER MARC J bought $24,945 worth of Valley National Bancorp (NYSE:VLY) on Monday, February 5.

Valley National Bancorp (NYSE:VLY) reported an increase of 14.62% in shares shorted. FINRA published shares shorted of VLY’s total 14.22 million shares. Previously was reported up change of 14.62% from 12.40 million shares. 4 days will cost VLY with 3.51M average volume to recover its previous position. Valley National Bancorp’s shares shorted float is 5.58%.

VLY reached $12.505 during the last trading session after $0.075 change.Currently Valley National Bancorp is uptrending after 6.96% change in last May 3, 2017. VLY has also 830,687 shares volume. VLY underperformed by 4.59% the S&P 500.

Valley National Bancorp operates as the holding firm for the Valley National Bank that provides commercial, retail, trust, and investment services.The company has $4.14 billion market cap. The firm operates through Commercial Lending, Consumer Lending, and Investment Management divisions.The P/E ratio is 21.67. The Company’s deposit products include non-interest bearing, savings, NOW, and money market deposits, as well as certificates of deposit.

Valley National Bancorp (NYSE:VLY) Ratings Coverage

In total 7 analysts cover Valley National (NYSE:VLY). “Buy” rating has 6, “Sell” are 0, while 1 are “Hold”. (NYSE:VLY) has 86% bullish analysts. 10 are the (NYSE:VLY)’s ratings reports on May 3, 2018 according to StockzIntelligence Inc. On Thursday, April 26 the firm has “Buy” rating by Sandler O’Neill given. On Friday, March 16 Piper Jaffray maintained Valley National Bancorp (NYSE:VLY) rating. Piper Jaffray has “Buy” rating and $14.5 target. The company rating was maintained by Hovde Group on Tuesday, January 30. The stock rating was maintained by Piper Jaffray with “Buy” on Monday, January 29. The company rating was upgraded by PiperJaffray on Friday, January 5. On Monday, April 30 the rating was maintained by Morgan Stanley with “Equal-Weight”. On Thursday, January 25 the stock of Valley National Bancorp (NYSE:VLY) has “Hold” rating given by Sandler O’Neill. On Wednesday, January 31 the firm earned “Equal-Weight” rating by Morgan Stanley. On Thursday, December 21 the stock of Valley National Bancorp (NYSE:VLY) earned “Buy” rating by Keefe Bruyette & Woods.

Valley National Bancorp (NYSE:VLY) Institutional Investors Chart

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