Swiss National Bank held its stake in shares of Dime Community Bancshares, Inc. (NASDAQ:DCOM) during the second quarter, according to its most recent disclosure with the SEC. The fund owned 54,900 shares of the savings and loans company’s stock at the end of the second quarter. Swiss National Bank owned 0.15% of Dime Community Bancshares worth $1,076,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in DCOM. Dimensional Fund Advisors LP increased its stake in Dime Community Bancshares by 7.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,591,162 shares of the savings and loans company’s stock worth $52,600,000 after buying an additional 179,083 shares in the last quarter. ClariVest Asset Management LLC increased its stake in Dime Community Bancshares by 27.2% during the 2nd quarter. ClariVest Asset Management LLC now owns 358,217 shares of the savings and loans company’s stock worth $7,021,000 after buying an additional 76,700 shares in the last quarter. State Street Corp increased its stake in Dime Community Bancshares by 9.6% during the 1st quarter. State Street Corp now owns 831,409 shares of the savings and loans company’s stock worth $16,877,000 after buying an additional 72,853 shares in the last quarter. First Trust Advisors LP increased its stake in Dime Community Bancshares by 67.5% during the 2nd quarter. First Trust Advisors LP now owns 161,172 shares of the savings and loans company’s stock worth $3,159,000 after buying an additional 64,950 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in Dime Community Bancshares by 1.7% during the 1st quarter. Vanguard Group Inc. now owns 2,989,172 shares of the savings and loans company’s stock worth $60,680,000 after buying an additional 50,236 shares in the last quarter. Hedge funds and other institutional investors own 68.00% of the company’s stock.

Dime Community Bancshares, Inc. (DCOM) opened at 21.80 on Monday. The stock’s 50 day moving average price is $20.21 and its 200 day moving average price is $19.98. Dime Community Bancshares, Inc. has a one year low of $16.10 and a one year high of $22.48. The firm has a market capitalization of $816.32 million, a PE ratio of 23.85 and a beta of 0.82.

Dime Community Bancshares (NASDAQ:DCOM) last issued its quarterly earnings data on Thursday, July 27th. The savings and loans company reported $0.32 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.31 by $0.01. Dime Community Bancshares had a net margin of 16.23% and a return on equity of 8.04%. The business had revenue of $39.80 million during the quarter. Analysts expect that Dime Community Bancshares, Inc. will post $1.27 EPS for the current year.

Several equities research analysts have commented on the company. BidaskClub lowered Dime Community Bancshares from a “sell” rating to a “strong sell” rating in a research note on Monday, August 14th. ValuEngine upgraded Dime Community Bancshares from a “hold” rating to a “buy” rating in a research note on Friday, September 22nd. Barclays PLC boosted their price objective on Dime Community Bancshares from $20.00 to $21.00 and gave the stock an “underweight” rating in a research note on Wednesday, October 11th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and set a $23.00 price objective on shares of Dime Community Bancshares in a research note on Tuesday, October 3rd. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the company. Dime Community Bancshares currently has an average rating of “Hold” and a consensus target price of $22.17.

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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.

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Institutional Ownership by Quarter for Dime Community Bancshares (NASDAQ:DCOM)

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