The Teachers Advisors LLC Maintains Stake in Dime Community Bancshares, Inc. (DCOM)

The Teachers Advisors LLC Maintains Stake in Dime Community Bancshares, Inc. (DCOM)

Other hedge funds and other institutional investors have also modified their holdings of the company. Norges Bank acquired a new position in shares of Dime Community Bancshares during the fourth quarter worth $8,333,000. Thrivent Financial for Lutherans boosted its position in shares of Dime Community Bancshares by 5.2% in the fourth quarter. Thrivent Financial for Lutherans now owns 16,825 shares of the savings and loans company’s stock worth $338,000 after buying an additional 830 shares during the period. AQR Capital Management LLC boosted its position in shares of Dime Community Bancshares by 33.0% in the fourth quarter. AQR Capital Management LLC now owns 237,571 shares of the savings and loans company’s stock worth $4,775,000 after buying an additional 59,000 shares during the period. Polaris Capital Management LLC boosted its position in shares of Dime Community Bancshares by 7.6% in the fourth quarter. Polaris Capital Management LLC now owns 887,789 shares of the savings and loans company’s stock worth $17,845,000 after buying an additional 62,400 shares during the period. Finally, GSA Capital Partners LLP boosted its position in shares of Dime Community Bancshares by 10.5% in the fourth quarter. GSA Capital Partners LLP now owns 32,146 shares of the savings and loans company’s stock worth $646,000 after buying an additional 3,054 shares during the period. 64.80% of the stock is owned by institutional investors and hedge funds.

Teachers Advisors LLC held its position in shares of Dime Community Bancshares, Inc. (NASDAQ:DCOM) during the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 50,969 shares of the savings and loans company’s stock at the end of the fourth quarter. Teachers Advisors LLC owned about 0.14% of Dime Community Bancshares worth $1,024,000 as of its most recent filing with the SEC.

Dime Community Bancshares, Inc. (DCOM) opened at 19.45 on Monday. The stock has a market capitalization of $731.96 million, a PE ratio of 21.42 and a beta of 0.78. The stock’s 50 day moving average is $19.90 and its 200-day moving average is $20.19. Dime Community Bancshares, Inc. has a 52 week low of $16.10 and a 52 week high of $22.48.

Dime Community Bancshares (NASDAQ:DCOM) last released its earnings results on Thursday, April 27th. The savings and loans company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.33 by $0.03. Dime Community Bancshares had a return on equity of 8.40% and a net margin of 26.70%. The business had revenue of $39.27 million during the quarter. Equities research analysts forecast that Dime Community Bancshares, Inc. will post $1.26 EPS for the current year. The firm also recently announced a quarterly dividend, which was paid on Monday, May 15th. Investors of record on Monday, May 8th were issued a $0.14 dividend. The ex-dividend date of this dividend was Thursday, May 4th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.88%. Dime Community Bancshares’s payout ratio is currently 28.43%.

Dime Community Bancshares (NASDAQ:DCOM) last released its earnings results on Thursday, April 27th. The savings and loans company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.33 by $0.03. Dime Community Bancshares had a return on equity of 8.40% and a net margin of 26.70%. The business had revenue of $39.27 million during the quarter. Equities research analysts forecast that Dime Community Bancshares, Inc. will post $1.26 EPS for the current year. A number of brokerages have recently weighed in on DCOM. Piper Jaffray Companies raised shares of Dime Community Bancshares from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $20.50 to $22.50 in a research note on Tuesday, May 9th. Keefe, Bruyette & Woods set a $22.00 price objective on shares of Dime Community Bancshares and gave the stock a “hold” rating in a research note on Tuesday, April 4th.

In related news, insider Michael Pucella sold 2,012 shares of the business’s stock in a transaction that occurred on Monday, May 1st. The shares were sold at an average price of $19.34, for a total value of $38,912.08. Following the sale, the insider now directly owns 22,838 shares in the company, valued at approximately $441,686.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Steven D. Cohn sold 2,761 shares of the business’s stock in a transaction that occurred on Tuesday, May 9th. The stock was sold at an average price of $20.35, for a total transaction of $56,186.35. Following the completion of the sale, the director now owns 71,990 shares in the company, valued at $1,464,996.50. The disclosure for this sale can be found here. Insiders sold a total of 5,992 shares of company stock worth $118,674 over the last quarter. Insiders own 12.70% of the company’s stock. Dime Community Bancshares Company Profile

Dime Community Bancshares, Inc operates as a holding company for Dime Community Bank (the Bank), a chartered savings bank. The Company is a unitary savings and loan holding company. The Company operates through Community Banking segment. The Bank’s principal business is gathering retail deposits, and lending them primarily in multifamily residential, commercial real estate and mixed use loans, as well as investing in mortgage-backed securities (MBS), obligations of the United States Government and Government Sponsored Entities (GSEs), and corporate debt and equity securities.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:DCOM”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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