Nationwide Fund Advisors decreased its position in shares of Dime Community Bancshares Inc. (NASDAQ:DCOM) by 8.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 91,451 shares of the company’s stock after selling 8,811 shares during the period. Nationwide Fund Advisors owned approximately 0.24% of Dime Community Bancshares worth $1,556,000 as of its most recent SEC filing.
A number of other large investors have also added to or reduced their stakes in DCOM. Louisiana State Employees Retirement System increased its stake in Dime Community Bancshares by 0.7% in the second quarter. Louisiana State Employees Retirement System now owns 13,700 shares of the company’s stock worth $233,000 after buying an additional 100 shares during the last quarter. Aperio Group LLC increased its stake in Dime Community Bancshares by 1.6% in the first quarter. Aperio Group LLC now owns 21,406 shares of the company’s stock worth $377,000 after buying an additional 343 shares during the last quarter. Foundry Partners LLC increased its stake in Dime Community Bancshares by 0.3% in the second quarter. Foundry Partners LLC now owns 199,075 shares of the company’s stock worth $3,386,000 after buying an additional 575 shares during the last quarter. GSA Capital Partners LLP increased its stake in Dime Community Bancshares by 2.2% in the second quarter. GSA Capital Partners LLP now owns 38,078 shares of the company’s stock worth $648,000 after buying an additional 819 shares during the last quarter. Finally, Swiss National Bank increased its stake in Dime Community Bancshares by 2.3% in the second quarter. Swiss National Bank now owns 58,100 shares of the company’s stock worth $988,000 after buying an additional 1,300 shares during the last quarter. 65.51% of the stock is currently owned by institutional investors.
Dime Community Bancshares Inc. (NASDAQ:DCOM) opened at 16.75 on Tuesday. Dime Community Bancshares Inc. has a 52-week low of $15.61 and a 52-week high of $18.87. The company has a market cap of $615.61 million, a PE ratio of 7.41 and a beta of 0.87. The firm’s 50-day moving average is $17.18 and its 200-day moving average is $17.45.
Dime Community Bancshares (NASDAQ:DCOM) last released its quarterly earnings results on Wednesday, July 27th. The company reported $0.30 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.30. Dime Community Bancshares had a net margin of 32.01% and a return on equity of 8.76%. On average, equities research analysts anticipate that Dime Community Bancshares Inc. will post $1.25 EPS for the current year.
Separately, Zacks Investment Research cut shares of Dime Community Bancshares from a “hold” rating to a “sell” rating in a research report on Monday, August 1st.
In related news, Director Kathleen M. Nelson purchased 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 16th. The shares were purchased at an average price of $16.94 per share, with a total value of $33,880.00. Following the purchase, the director now owns 18,104 shares of the company’s stock, valued at $306,681.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 12.70% of the stock is currently owned by corporate insiders.
Dime Community Bancshares Company Profile
Dime Community Bancshares, Inc operates as a holding company for The Dime Savings Bank of Williamsburgh (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.