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Strs Ohio reduces its holding in Valley National Bancorp (NASDAQ:VLY)

Strs Ohio reduces its holding in Valley National Bancorp (NASDAQ:VLY)

The most recent report that Strs Ohio has provided to the Securities and Exchange Commission indicates that the investment company’s holdings in Valley National Bancorp (NASDAQ: VLY) have been reduced by 33.2% during the third quarter. After selling 26,200 shares during the most recent quarter, the institutional investor now has 52,800 shares of the company’s stock. This brings their yearly total to 52,800 shares of the company’s stock. At the end of the most recent reporting period, the value of Strs Ohio’s holdings in Valley National Bancorp was determined to be $570,000. Strs own these holdings. Ohio.

Other institutional investors have been buying and selling shares of VLY recently, indicating that they are active in the market. The amount of Valley National Bancorp stock that Wellington Management Group LLP owned at the beginning of the year increased by 153.8% over the first three months. In the most recent fiscal quarter, Wellington Management Group LLP increased its holdings in the company by purchasing an additional 5,374,624 shares. This brings their total holdings to 8,869,091 shares in the company, which have a value of $115,476,000. The value of State Street Corporation’s holdings in Valley National Bancorp increased by 11.1% during the first three months of 2018. Following the acquisition of an additional 2,051,696 shares during the preceding quarter, State Street Corp. now has a total of 20,600,597 shares of the company’s stock, which are currently valued at a combined total of $270,425,000. The value of Vanguard Group Inc.’s holdings in Valley National Bancorp increased by 3.8% during the first three months of the year. Vanguard Group Inc. has increased the value of its holdings by $542,003,000 by purchasing 1,534,805 additional shares of the company’s stock since the beginning of this quarter. This brings the total value of its holdings to $542,003,000. In the second quarter, Cubist Systematic Strategies LLC saw a 1,048.1 percent increase in the size of its holdings in Valley National Bancorp. After making an additional 952,881 share purchase during the most recent quarter, Cubist Systematic Strategies LLC now has a total of 1,043,770 shares of the company’s stock under its ownership. These shares have a value of $10,864,000 collectively.

Last but not least, during the first three months of this year, Capital World Investors increased the proportion of Valley National Bancorp stock owned by an additional 20.3%. Capital World Investors now has 5,495,000 shares in the company following the purchase of an additional 928,000 shares during the most recent quarter. The value of the company’s shares held by Capital World Investors is currently $71,545,000. Currently, 54.77% of the company’s stock is owned by institutional investors and those who invest through hedge funds.

The NASDAQ VLY market opened for trading on Thursday at $10.91 per share. The moving average price of the stock over the previous fifty days is 11.76 dollars, while the moving average price over the previous two hundred days is 11.75 dollars. The company has a price-to-earnings ratio of

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