Savings & Loans: Hudson City Bancorp (NASDAQ:HCBK), New York Community Bancorp, (NYSE:NYCB), First Niagara Financial (NASDAQ:FNFG)

Posted by on Feb 24, 2014

Hudson City Bancorp (NASDAQ:HCBK) was the recipient of a large decline in short interest in January. As of January 31st, there was short interest totalling 15,348,570 shares, a decline of 10.5% from the January 15th total of 17,146,218 shares, Analyst Ratings News reports. Currently, 3.2% of the company’s stock are short sold. Based on an average trading volume of 4,197,286 shares, the short-interest ratio is presently 3.7 days. Hudson City Bancorp, Inc. (NASDAQ:HCBK) shares closed at $9.22 on last trade day, by gaining 0.99%. Stock 52 week range is $7.67 – $9.79. Company’s market capitalization is $4.87 billion.

New York Community Bancorp (NYSE:NYCB) has been given a consensus recommendation of “Hold” by the fifteen analysts that are covering the company, Analyst Ratings Network reports. Eleven research analysts have rated the stock with a hold rating, The average 12-month target price among brokers that have issued a report on the stock in the last year is $15.44. New York Community Bancorp, Inc. (NYSE:NYCB) stock advanced 1.03% and finished the last session at $15.74. The EPS of the stock remained 1.08. Company’s market capitalization is $6.94 billion.

First Niagara Financial Group was downgraded by analysts at FBR Capital Markets from an “outperform” rating to a “market perform” rating. They now have a $10.00 price target on the stock, down previously from $12.00. First Niagara Financial Group Inc. (NASDAQ:FNFG) stock opened at $8.60 in last trading session and closed at $8.71. The 52 week range of the stock is $7.83 – $11.34 and the day range was $8.54 – $8.72.

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