$0.17 EPS Expected for Valley National Bancorp (VLY)

The firm earned "Buy" rating on Thursday, March 23 by Canaccord Genuity. Argus Research initiated the shares of TMO in report on Tuesday, October 6 with "Buy" rating. Great West Life Assurance Co. The rating was maintained by Cowen & Co on Wednesday, August 9 with "Hold". Tiaa Cref Investment Llc reported 1.33M shares stake. Peapack Gladstone Financial Corp sold 239 shares as Valley Natl Bancorp (VLY)'s stock declined 8.06%. Strs Ohio now owns 26,400 shares of the financial services provider's stock valued at $311,000 after acquiring an additional 1,500 shares during the last quarter. Valley Natl Bancorp now has $3.02B valuation. The stock increased 1.41% or $0.16 during the last trading session, reaching $11.49. The First National Bank Of Omaha holds 58,073 shares with $3.37 million value, up from 30,058 last quarter. Valley National Bancorp (NYSE:VLY) has risen 24.84% since January 5, 2017 and is uptrending. It has outperformed by 8.14% the S&P500. They expect $2.66 earnings per share, up 10.37% or $0.25 from last year's $2.41 per share. About 2.46M shares traded or 33.02% up from the average. It has underperformed by 40.25% the S&P500. Its up 0.05, from 0.91 in 2017Q2. It turned negative, as 9 investors sold CVR Partners, LP shares while 14 reduced holdings. 25 funds opened positions while 75 raised stakes. This represents a $0.44 dividend on an annualized basis and a yield of 3.53%. American Century holds 160,872 shares or 0.01% of its portfolio. Blackrock owns 249 shares or 0% of their United States portfolio. Fmr Ltd Liability Co accumulated 59,073 shares. Perritt Cap Management Inc reported 0.2% of its portfolio in AeroCentury Corp. America First Lc owns 255 shares. Balyasny Asset Mgmt Ltd Company accumulated 335,036 shares or 0.02% of the stock. The financial services provider reported $0.17 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.18 by ($0.01).

The consensus recommendation, according to Zacks Investment research, is 2.56. 5,000 were reported by Eulav Asset Management. Ls Invest Advsrs Llc reported 4,914 shares. Peapack Gladstone Corp stated it has 0.01% of its portfolio in Valley National Bancorp (NYSE:VLY). Therefore 0 are positive. Thermo Fisher Scientific had 52 analyst reports since July 24, 2015 according to SRatingsIntel. On Friday, December 29 the stock rating was maintained by Wedbush with "Hold". The firm earned "Outperform" rating on Thursday, July 27 by Wood. The company was maintained on Monday, August 28 by Keefe Bruyette & Woods. RBC Capital Markets maintained the stock with "Sector Perform" rating in Thursday, January 28 report. The stock has "Hold" rating by Jefferies on Wednesday, September 27. Keefe Bruyette & Woods has "Buy" rating and $13.0 target. It also reduced Paychex Inc (NASDAQ:PAYX) stake by 48,162 shares and now owns 50,685 shares. Fagan Assoc invested in 0.23% or 7,925 shares. Exelon Corp (NYSE:EXC) was raised too. After having $0.17 EPS previously, Valley National Bancorp's analysts see 0.00 % EPS growth. They expect $0.17 earnings per share, down 10.53% or $0.02 from last year's $0.19 per share. VLY's profit would be $44.94 million giving it 16.66 P/E if the $0.17 EPS is correct. After $2.31 actual earnings per share reported by Thermo Fisher Scientific Inc. for the previous quarter, Wall Street now forecasts 15.15% EPS growth.

Since August 2, 2017, it had 0 insider purchases, and 2 insider sales for $531,665 activity. Keefe Bruyette & Woods upgraded Valley National Bancorp (NYSE:VLY) on Thursday, July 27 to "Buy" rating. Its up 0.08, from 1.58 in 2017Q2.

Valley National Bancorp (NYSE:VLY) was upgraded by Zacks Investment Research from a "sell" rating to a "hold" rating in a research report issued to clients and investors on Wednesday, December 27th. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Valley National Bancorp by 9.8% during the 2nd quarter. Engineers Gate Manager Ltd Partnership, New York-based fund reported 153,614 shares. 16,155 are held by Private Advisor. Prudential reported 0.19% stake. Barclays Public Limited Com reported 35,383 shares. Glenmede Trust Na owns 0.19% invested in Granite Construction Incorporated (NYSE:GVA) for 765,145 shares.

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The rating was maintained by Keefe Bruyette & Woods with "Buy" on Friday, November 10. (NASDAQ:FFBC) rating on Tuesday, October 3. Argent Capital Management LLC owned about 1.48% of First Internet Bancorp worth $4,030,000 at the end of the most recent quarter.

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Valley National Bancorp (NYSE:VLY) opened at 12.46 on Friday.

Valley National Bancorp (VLY) has the market capitalization of $3.03 Billion. The Massachusetts-based Eastern Bancorporation has invested 0.04% in Thermo Fisher Scientific Inc. Yorktown & Rech Inc invested in 0.05% or 8,400 shares. Prelude Cap Limited Liability Corporation reported 10,064 shares or 0.02% of all its holdings. Keefe, Bruyette & Woods reiterated a "buy" rating and issued a $13.00 target price on shares of Valley National Bancorp in a research note on Friday, September 29th.

Hedge funds have recently modified their holdings of the stock.

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