Summary of Valley National Bancorp (NYSE:VLY) Ratings on May 16, 2018

May 16, 2018 - By Sarah Harris

Big Money Sentiment decreased to 1.3 in 2017 Q4. It has change of 0.36, from 2017Q3’s 1.66. The ratio dropped due to Valley National Bancorp positioning: 23 sold and 67 reduced. 33 funds amassed positions and 84 increased positions. Investors holded 167.29 million in 2017Q3 but now own 165.19 million shares or 1.26% less.
New Mexico Educational Retirement Board accumulated 0.03% or 65,300 shs. Condor Capital has 31,533 shs for 0.07% of their capital. Brookstone Cap holds 0.03% of its capital in Valley National Bancorp (NYSE:VLY) for 28,906 shs. Peak6 Invs Ltd Partnership holds 5,596 shs. Peapack Gladstone Financial has invested 0.01% in Valley National Bancorp (NYSE:VLY). Aperio Gp Ltd stated it has 47,832 shs. Loomis Sayles & Limited Partnership invested 0% in Valley National Bancorp (NYSE:VLY). 60,000 were accumulated by Nj State Employees Deferred Compensation Plan. 35,049 are held by Verition Fund Mngmt Ltd Llc. Vanguard Gp Incorporated, Pennsylvania-based fund reported 22.35 million shs. Susquehanna Grp Incorporated Llp, a Pennsylvania-based fund reported 109,849 shs. Howland Capital Mgmt Limited Liability Corp reported 18,537 shs. Hallmark Cap Management Inc has 0.21% invested in Valley National Bancorp (NYSE:VLY) for 153,040 shs. Fuller & Thaler Asset Mgmt stated it has 15,100 shs or 0% of all its holdings. 199,062 were accumulated by Quantitative Systematic Strategies Limited Company.

Valley National Bancorp had 2 selling transactions and 2 insider buys since January 29, 2018. This’s net activity of $2.40 million. Shares for $24,945 were bought by LENNER MARC J on Monday, February 5. $236,079 worth of Valley National Bancorp (NYSE:VLY) was sold by GUILFOILE MARY on Tuesday, May 8. Steans Jennifer W sold 175,300 shs worth $2.24M.

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 16, 2018 according to StockzIntelligence Inc. On Friday, March 16 Piper Jaffray maintained Valley National Bancorp (NYSE:VLY) with “Buy” rating. On Wednesday, January 31 the rating was maintained by Morgan Stanley with “Equal-Weight”. On Thursday, December 21 the stock of Valley National Bancorp (NYSE:VLY) has “Buy” rating given by Keefe Bruyette & Woods. The stock rating was upgraded by Sandler O’Neill to “Buy” on Thursday, April 26. On Monday, April 30 the rating was maintained by Morgan Stanley with “Equal-Weight”. The stock rating was maintained by Piper Jaffray with “Buy” on Monday, January 29. On Friday, January 5 PiperJaffray upgraded the shares of VLY in report to “Overweight” rating. On Tuesday, January 30 the rating was maintained by Hovde Group with “Buy”. On Thursday, January 25 the rating was maintained by Sandler O’Neill with “Hold”. 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

VLY hit $12.79 during the last trading session after $0.06 change.Currently Valley National Bancorp is uptrending after 6.96% change in last May 16, 2017. VLY has also 2.23 million shares volume. VLY 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 firm is worth $4.24 billion. 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 briefly 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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