Sandler O'Neill Lowers Valley National Bancorp (VLY) to Hold

This company shares are 2.19% off its target price of $1280.16 and the current market capitalization stands at $594.04B. BlackRock Fund Advisors now owns 17,600,835 shares of the financial services provider's stock valued at $171,256,000 after buying an additional 1,743,178 shares during the last quarter. Valley Natl Bancorp now has $3.05 billion valuation. The stock decreased 0.67% or $0.66 during the last trading session, reaching $97.49. The latest exchange of 2.8 Million shares is above its average trading activity of 1.88 Million shares. ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) has declined 15.19% since January 13, 2017 and is downtrending. It has outperformed by 4.43% the S&P500. Royal Bank of Canada started coverage on shares of Valley National Bancorp in a research note on Thursday, December 21st. That suggests something of the likelihood of a short squeeze in shares of VLY. Its down 1.13% from 12.00M shares previously. Valley National Bancorp has a 52-week low of $10.61 and a 52-week high of $12.82. The stock has been active on the tape, now trading at $12.03, up from yesterday's close by 1.86%. The company saw 3.19 million shares trade hands over the course of the day. Valley National Bancorp (NYSE:VLY) has risen 24.84% since January 11, 2017 and is uptrending. It has outperformed by 8.14% the S&P500.

Among 12 analysts covering ACADIA Pharmaceuticals (NASDAQ:ACAD), 9 have Buy rating, 0 Sell and 3 Hold. Therefore 94% are positive. On Thursday, January 28 the stock rating was maintained by RBC Capital Markets with "Sector Perform". The firm has "Overweight" rating given on Friday, January 5 by PiperJaffray. Citigroup has "Buy" rating and $90 target.

Investors also need to beware of the Amazon.com, Inc. (NASDAQ:AMZN) has "Buy" rating given on Friday, January 29 by Mizuho. The company was maintained on Thursday, July 27 by Jefferies. J.P. Morgan maintained ACADIA Pharmaceuticals Inc. (NYSE:DRI) has "Hold" rating given on Tuesday, October 17 by Argus Research.

Since August 9, 2017, it had 0 insider buys, and 5 sales for $5.95 million activity. Axiom Capital maintained Amazon.com, Inc. The firm earned "Hold" rating on Tuesday, August 8 by Piper Jaffray. 39,495 shares were sold by GUILFOILE MARY, worth $470,397. Olsavsky Brian T sold $2.31M worth of Amazon.com, Inc.

Analysts await Amazon.com, Inc. The insider Button Bell Katherine sold 7,518 shares worth $498,900.

Investors sentiment increased to 0.79 in Q3 2017. Its down 0.10, from 1.36 in 2017Q2. Of those holders, 138 had increased positions amounting to 14.85 million shares, 89 had decreased positions amounting to 9.29 million shares, and 50 holders have a held position accounting for 144.81 million shares. 32 funds opened positions while 52 raised stakes. Suntrust Banks reported 228,643 shares. Keefe Bruyette & Woods maintained the shares of VLY in report on Thursday, September 28 with "Buy" rating.

Sibanye Gold Limited (NYSE:SBGL) shares fell -0.38% to close at $5.28. Lsv Asset holds 386,500 shares or 0.01% of its portfolio. They expect $0.17 earnings per share, down 10.53% or $0.02 from last year's $0.19 per share. With an institutional ownership near 66.2%, it carries an earnings per share ratio of 0.68. Tiaa Cref Mngmt Ltd Liability Co has invested 0.02% in ACADIA Pharmaceuticals Inc. (NASDAQ:AMZN) shares were sold by Reynolds Shelley. Tyvor Capital Lc has 1,000 shares. Barrow Hanley Mewhinney Strauss Llc, a Texas-based fund reported 15.63M shares. Hap Trading Ltd Limited Liability Company holds 1.17% in Amazon.com, Inc. (NASDAQ:AMZN) for 31,442 shares. 1,114 are owned by Sfmg Ltd Liability Corp. Cubist Systematic Strategies Ltd Liability invested 0.02% of its portfolio in ACADIA Pharmaceuticals Inc. (NASDAQ:AMZN) for 2,011 shares. M&T Bank & Trust holds 5,720 shares. Emerald Advisers Inc sold 113,808 shares as the company's stock declined 11.29% while stock markets rallied. (NYSE:AIG) for 65,638 shares.

CAPITAL WORLD INVESTORS also announced increased position in McDonald's Corporation (MCD) during the quarter. Its up 0.08, from 1.58 in 2017Q2.

The most recent non open market insider trade was completed by CHITTENDEN KEVIN on 11/28/2017, and was a disposition of 888 shares with a final price of $11.34. 279.77 million shares or 1.91% less from 285.20 million shares in 2017Q2 were reported. Goelzer Investment Management holds 0.48% of its portfolio in American International Group, Inc. Equities research analysts predict that Valley National Bancorp will post $0.70 EPS for the current year. 2,825 are held by Fortaleza Asset Mngmt. Schwab Charles stated it has 0.02% in Valley National Bancorp (NYSE:VLY). Td Asset Management invested 0% in Valley National Bancorp (NYSE:VLY). (NASDAQ:APOG). First Manhattan Co invested in 500 shares or 0% of the stock. South Dakota Council reported 86,500 shares or 0.02% of all its holdings. Engineers Gate Manager Ltd Partnership, a New York-based fund reported 153,614 shares. Advisory Ntwk Ltd Co has invested 0% in Valley National Bancorp (NYSE:VLY). The company now has an average rating of "Hold" and a consensus target price of $13.21.

ATR value of the company was 0.24 and Relative Strength Index (RSI) was 59.30. Amalgamated Bank & Trust holds 0.01% or 34,829 shares. Arizona State Retirement Sys holds 149,617 shares or 0.02% of its portfolio. Therefore 50% are positive. Valley National Bancorp had a net margin of 19.32% and a return on equity of 7.78%. One analyst has rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company. Keefe Bruyette & Woods maintained the stock with "Buy" rating in Monday, August 28 report. On Tuesday, August 8 the stock rating was maintained by Piper Jaffray with "Hold". The rating was upgraded by Goldman Sachs on Tuesday, April 12 to "Buy". The rating was maintained by Keefe Bruyette & Woods on Monday, May 29 with "Hold". The rating was upgraded by Bank of America on Friday, February 10 to "Buy".

Research analysts at Wedbush increased their FY2019 earnings per share estimates for shares of Valley National Bancorp in a research report issued on Thursday, Zacks Investment Research reports. On Wednesday, August 19 the stock rating was upgraded by Zacks to "Sell". The company has market cap of $3.12 billion. It has a 17.95 P/E ratio. These services include the following: the acceptance of demand, savings and time deposits; extension of consumer, real estate, Small Business Administration and other commercial credits; title insurance; investment services; and full personal and corporate trust, as well as pension and fiduciary services.

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