Analyst Upgrades – Valley National Bancorp (NYSE:VLY) Stock Gets Upgraded By Hovde Group from Market Perform to Outperform

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Analyst Ratings For Valley National Bancorp (NYSE:VLY)

Today, Valley National Bancorp (NYSE:VLY) stock received an upgrade by Hovde Group from Market Perform to Outperform with a price target of $13.50.

There are 5 hold ratings, 2 buy ratings on the stock.

The current consensus rating on Valley National Bancorp (NYSE:VLY) is Hold (Score: 2.29) with a consensus target price of $11.90 per share, a potential 2.23% upside.

Some recent analyst ratings include

  • 7/31/2017-Hovde Group Upgrade from a “Market Perform ” rating to a ” Outperform” rating.
  • 7/27/2017-Keefe, Bruyette & Woods Upgrade from a “Market Perform ” rating to a ” Outperform” rating.
  • 7/7/2017-Morgan Stanley Reiterated Rating of Equal Weight.
  • 6/27/2017-Wedbush Reiterated Rating of Neutral.
  • 4/5/2017-Stephens initiated coverage with a Equal Weight rating.
  • 1/31/2017-Sandler O’Neill was Downgraded by analysts at Sandler O’Neill from a “Buy ” rating to a ” Hold” rating.
  • 8/8/2016-Piper Jaffray Companies was Downgraded by analysts at Piper Jaffray Companies from a “Overweight ” rating to a ” Neutral” rating. They now have a $9.50 price target on the stock, up previously from $10.00 .

Dividend information for Valley National Bancorp (NYSE:VLY)

Valley National Bancorp (NYSE:VLY) pays an annual dividend of Community Ranking: with a yield of 3.78% and an average dividend growth of -12.20% based on a 3 Year Average.

Dividend History for Valley National Bancorp (NYSE:VLY)

  • On 5/26/2017 Valley National Bancorp announced a quarterly dividend of $0.11 3.85% with an ex dividend date of 6/13/2017 which will be payable on 7/3/2017.
  • On 3/2/2017 Valley National Bancorp announced a quarterly dividend of $0.11 3.55% with an ex dividend date of 3/13/2017 which will be payable on 4/3/2017.
  • On 11/18/2016 Valley National Bancorp announced a quarterly dividend of $0.11 3.91% with an ex dividend date of 12/13/2016 which will be payable on 1/3/2017.
  • On 8/24/2016 Valley National Bancorp announced a quarterly dividend of $0.11 4.66% with an ex dividend date of 9/13/2016 which will be payable on 10/3/2016.
  • On 5/27/2016 Valley National Bancorp announced a quarterly dividend of $0.11 4.61% with an ex dividend date of 6/13/2016 which will be payable on 7/1/2016.
  • On 2/24/2016 Valley National Bancorp announced a quarterly dividend of $0.11 4.95% with an ex dividend date of 3/11/2016 which will be payable on 4/1/2016.
  • On 11/24/2015 Valley National Bancorp announced a Quarterly dividend of $0.11 with an ex dividend date of 12/11/2015 which will be payable on 1/4/2016.

Recent Insider Trading Activity For Valley National Bancorp (NYSE:VLY)
Valley National Bancorp (NYSE:VLY) has insider ownership of 3.07% and institutional ownership of 61.61%.

  • On 6/14/2016 Mary Guilfoile, Director, sold 10,000 with an average share price of $9.11 per share and the total transaction amounting to $91,100.00. View SEC Filing
  • On 5/26/2016 Peter P Crocitto, COO, sold 3,175 with an average share price of $9.44 per share and the total transaction amounting to $29,972.00. View SEC Filing
  • On 6/23/2015 Marc J Lenner, Director, bought 4,000 with an average share price of $25.00 per share and the total transaction amounting to $100,000.00. View SEC Filing
  • On 6/19/2015 Gerald H Lipkin, CEO, bought 5,950 with an average share price of $25.00 per share and the total transaction amounting to $148,750.00. View SEC Filing
  • On 3/4/2015 Robert J Mulligan, EVP, sold 8,000 with an average share price of $9.63 per share and the total transaction amounting to $77,040.00. View SEC Filing
  • On 2/18/2015 Stephen P Davey, SVP, sold 5,541 with an average share price of $9.53 per share and the total transaction amounting to $52,805.73. View SEC Filing
  • On 12/16/2014 Andrew B Abramson, Director, sold 5,172 with an average share price of $9.25 per share and the total transaction amounting to $47,841.00. View SEC Filing

Recent Trading Activity for Valley National Bancorp (NYSE:VLY)
Shares of Valley National Bancorp closed the previous trading session at 11.64 down -0.03 -0.26% with 2,547,720 shares trading hands.