Wells Fargo & Company MN lessened its position in shares of PDL Community Bancorp (NASDAQ:PDLB) by 5.9% in the second quarter, according to its most recent filing with the SEC. The firm owned 13,532 shares of the company’s stock after selling 841 shares during the quarter. Wells Fargo & Company MN’s holdings in PDL Community Bancorp were worth $194,000 at the end of the most recent quarter.
Separately, BNP Paribas Arbitrage SA increased its position in PDL Community Bancorp by 515.2% during the 1st quarter. BNP Paribas Arbitrage SA now owns 1,858 shares of the company’s stock valued at $26,000 after purchasing an additional 1,556 shares during the period. 20.64% of the stock is owned by institutional investors.
A number of analysts have weighed in on PDLB shares. ValuEngine downgraded shares of PDL Community Bancorp from a “hold” rating to a “sell” rating in a research report on Thursday, August 1st. BidaskClub raised shares of PDL Community Bancorp from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd.
PDL Community Bancorp (NASDAQ:PDLB) last released its earnings results on Friday, August 2nd. The company reported $0.05 earnings per share for the quarter. The business had revenue of $10.03 million during the quarter. PDL Community Bancorp had a net margin of 5.12% and a return on equity of 1.58%.
PDL Community Bancorp Company Profile
PDL Community Bancorp provides various banking products and services primarily in the New York City metropolitan area. The company offers a range of deposit accounts, including demand, savings, and money market accounts, as well as certificates of deposit accounts; and individual retirement accounts.
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