Private Capital Group LLC Has $228,000 Holdings in New York Community Bancorp, Inc. (NYCB)

Private Capital Group LLC grew its stake in New York Community Bancorp, Inc. (NYSE:NYCB) by 3,177.9% during the 1st quarter, HoldingsChannel reports. The fund owned 17,504 shares of the financial services provider’s stock after purchasing an additional 16,970 shares during the quarter. Private Capital Group LLC’s holdings in New York Community Bancorp were worth $228,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in NYCB. BlackRock Inc. boosted its holdings in New York Community Bancorp by 14.8% in the first quarter. BlackRock Inc. now owns 56,419,781 shares of the financial services provider’s stock worth $735,149,000 after acquiring an additional 7,287,646 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its holdings in shares of New York Community Bancorp by 27,738.6% during the first quarter. Robeco Institutional Asset Management B.V. now owns 2,426,691 shares of the financial services provider’s stock valued at $31,625,000 after purchasing an additional 2,417,974 shares in the last quarter. Mondrian Investment Partners LTD lifted its holdings in shares of New York Community Bancorp by 51.4% during the first quarter. Mondrian Investment Partners LTD now owns 5,464,221 shares of the financial services provider’s stock valued at $64,915,000 after purchasing an additional 1,854,060 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of New York Community Bancorp by 589.3% during the first quarter. JPMorgan Chase & Co. now owns 1,443,507 shares of the financial services provider’s stock valued at $18,810,000 after purchasing an additional 1,234,082 shares in the last quarter. Finally, Mackenzie Financial Corp bought a new position in shares of New York Community Bancorp during the fourth quarter valued at $13,176,000. 65.01% of the stock is currently owned by institutional investors and hedge funds.

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New York Community Bancorp opened at $11.49 on Friday, MarketBeat Ratings reports. The company has a debt-to-equity ratio of 2.13, a current ratio of 1.42 and a quick ratio of 1.42. The firm has a market cap of $5.62 billion, a P/E ratio of 14.19, a PEG ratio of 1.41 and a beta of 0.67. New York Community Bancorp, Inc. has a one year low of $11.35 and a one year high of $14.53.

New York Community Bancorp (NYSE:NYCB) last posted its earnings results on Wednesday, April 25th. The financial services provider reported $0.20 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.20. The firm had revenue of $293.16 million during the quarter, compared to analyst estimates of $295.51 million. New York Community Bancorp had a net margin of 26.12% and a return on equity of 6.81%. New York Community Bancorp’s revenue was down 10.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.21 EPS. research analysts anticipate that New York Community Bancorp, Inc. will post 0.81 earnings per share for the current year.

NYCB has been the topic of a number of research analyst reports. B. Riley lowered their price target on New York Community Bancorp from $13.00 to $12.00 and set a “neutral” rating on the stock in a report on Tuesday. ValuEngine downgraded New York Community Bancorp from a “hold” rating to a “sell” rating in a report on Tuesday, May 8th. Royal Bank of Canada reaffirmed a “hold” rating and set a $12.00 price target on shares of New York Community Bancorp in a report on Thursday, April 26th. Barclays lowered their price target on New York Community Bancorp from $13.00 to $11.00 and set an “equal weight” rating on the stock in a report on Thursday, April 26th. Finally, Zacks Investment Research raised New York Community Bancorp from a “hold” rating to a “buy” rating and set a $16.00 price target on the stock in a report on Thursday, February 22nd. Four equities research analysts have rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the company. New York Community Bancorp presently has a consensus rating of “Hold” and a consensus price target of $12.95.

New York Community Bancorp Profile

New York Community Bancorp, Inc operates as a holding company for New York Community Bank and New York Commercial Bank that offer banking products and financial services in Metro New York, New Jersey, Ohio, Florida, and Arizona. The company offers various deposit products that include checking and savings accounts, individual retirement accounts, certificates of deposit, NOW and money market accounts, and non-interest-bearing accounts.

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Morgan Stanley downgrades Starbucks due to its China sales growth stumble

Starbucks' growth trends will not turnaround anytime soon after the company's sales guidance reduction, according to Morgan Stanley.

The firm lowered its rating to equal-weight from overweight for Starbucks shares, citing the deteriorating sales growth in China and the U.S.

On Tuesday Starbucks lowered its global third-quarter same store sales growth forecast to 1 percent versus the previous forecast of 3 percent.

"Facing now what is clearly decelerating top-line in its two key markets, SBUX is now saddled with increased EPS risk and a poor recent track record of driving sales," analyst John Glass said in a note to clients Wednesday. "We see this stock as range bound, at best, near-term as the catalyst for a US comp recovery remains elusive, offset by a valuation that has been compressing over the past 2+ years."

Starbucks shares are down 5 percent in early trading Wednesday.

Glass reduced his price target to $59 from $72 for Starbucks shares, representing 3 percent upside to Tuesday's close.

The analyst noted how the company's China same store sales growth is likely to be nearly flat in the third quarter versus 8 percent growth just three quarters ago.

The China sales "deceleration was a negative surprise, and believing in the long-term opportunity in China is important to the long-term thesis. There are some plausible partial explanations for this (a switch away from unsanctioned third party delivery; new arrangements to come by year's end) but now this is show-me as well," he said.

In a similar move, Telsey Advisory Group lowered its rating to market perform from outperform and reduced its price target to $60 from $70 for Starbucks shares Tuesday, predicting more mixed sale results in China.

�� CNBC's Michael Bloom contributed to this story.

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Netflix Bulls Push Targets Higher

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Netflix Inc. bulls were on parade Tuesday -- in tune with the machine-like upward trajectory of the video streaming company’s shares, which have doubled since the beginning of the year.

Wall Street is getting more bullish on Netflix as streaming capabilities become an ever bigger part of the global media landscape. GBH Insights analyst Dan Ives raised his price target on Netflix to a Street-high $500, only days after Goldman Sachs set what had been the previous high at $490. Ives sees stronger-than-expected subscriber growth this year and a potential benefit to Netflix if a bidding war between Comcast Corp. and Walt Disney Co. drives Twenty-First Century Fox Inc. to break up some assets.

Netflix was among the top gainers in the S&P 500 Index on Tuesday, even as concern about an expanding trade war with China dragged the benchmark lower for a third day. The stock climbed as much as 3 percent Tuesday and crossed $400 apiece for the first time, putting it on pace to reach yet another record close. Netflix carries an average price target of $340, an 18 percent discount to Tuesday’s record high.

“The combination of engaging new content, momentum in overseas markets and a business model that scales globally increasingly sets Netflix apart from its legacy competitors,” wrote Monness Crespi analyst Brian White in a note Tuesday. White, lifting his price target to $460, expects the market to reward Netflix with higher price-to-earnings multiples as "global content is paving the way."

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As Netflix continues to invest in itself, coupled with other strategic initiatives such as a joint venture in the U.K., Wall Street anticipates continued growth in subscribers and scale. Piper Jaffray analyst Michael Olson, who raised his price target to $420, expects subscriber growth in Netflix’s international segment to exceed the Wall Street consensus in the second quarter.

(Updates share performance in headline, third paragraph.)