$0.31 EPS Expected for People's United Financial, Inc. (PBCT)

June 15, 2018 - By Samual Williams

People's United Financial, Inc. (NASDAQ:PBCT) LogoInvestors sentiment decreased to 1.13 in 2018 Q1. Its down 0.19, from 1.32 in 2017Q4. It dived, as 24 investors sold People's United Financial, Inc. shares while 125 reduced holdings. 44 funds opened positions while 125 raised stakes. 259.70 million shares or 1.71% more from 255.33 million shares in 2017Q4 were reported.
Fincl Management Inc has invested 0% of its portfolio in People's United Financial, Inc. (NASDAQ:PBCT). Campbell And Investment Adviser Lc holds 0.27% of its portfolio in People's United Financial, Inc. (NASDAQ:PBCT) for 17,000 shares. Oregon Employees Retirement Fund has invested 0.01% of its portfolio in People's United Financial, Inc. (NASDAQ:PBCT). Hightower Advsr Ltd Co holds 0.06% of its portfolio in People's United Financial, Inc. (NASDAQ:PBCT) for 409,628 shares. Whittier Tru holds 7,000 shares. 913,271 were accumulated by Mitsubishi Ufj Trust And Corporation. Investment Advsr Limited Liability Company owns 222,962 shares or 0.27% of their US portfolio. Webster Bancshares N A accumulated 6,093 shares or 0.02% of the stock. San Francisco Sentry Investment Group (Ca) owns 18,500 shares. 24,730 were reported by Meiji Yasuda Life Insur Com. Invesco Limited owns 5.68M shares. Butensky And Cohen Security, Florida-based fund reported 117,230 shares. Northern Tru Corporation invested in 0.02% or 4.61 million shares. Sumitomo Mitsui Tru Hldgs owns 999,351 shares for 0.02% of their portfolio. Cambridge Invest Advsr reported 0.03% stake.

Since January 22, 2018, it had 0 insider purchases, and 10 insider sales for $3.21 million activity. $85,617 worth of stock was sold by Franklin Jerry on Monday, January 22. Another trade for 4,000 shares valued at $74,854 was made by RICHARDS MARK W on Thursday, May 17. Another trade for 30,000 shares valued at $595,740 was made by Trautmann Robert E on Monday, January 29. $1.34 million worth of People's United Financial, Inc. (NASDAQ:PBCT) was sold by Longobardi Sara M on Tuesday, May 8. Another trade for 5,715 shares valued at $113,100 was sold by Powlus Lee C. On Tuesday, February 13 BARNES JOHN P sold $420,200 worth of People's United Financial, Inc. (NASDAQ:PBCT) or 22,000 shares.

Analysts expect People's United Financial, Inc. (NASDAQ:PBCT) to report $0.31 EPS on July, 19.They anticipate $0.07 EPS change or 29.17 % from last quarter’s $0.24 EPS. PBCT’s profit would be $105.82M giving it 15.15 P/E if the $0.31 EPS is correct. After having $0.30 EPS previously, People's United Financial, Inc.’s analysts see 3.33 % EPS growth. The stock decreased 0.79% or $0.15 during the last trading session, reaching $18.79. About 3.04M shares traded or 2.44% up from the average. People's United Financial, Inc. (NASDAQ:PBCT) has risen 11.34% since June 15, 2017 and is uptrending. It has underperformed by 1.23% the S&P500.

People's United Financial, Inc. (NASDAQ:PBCT) Ratings Coverage

Among 5 analysts covering People’s United Financial (NASDAQ:PBCT), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. People’s United Financial had 8 analyst reports since December 21, 2017 according to SRatingsIntel. Keefe Bruyette & Woods maintained People's United Financial, Inc. (NASDAQ:PBCT) on Monday, February 26 with “Hold” rating. PiperJaffray upgraded the shares of PBCT in report on Friday, April 20 to “Neutral” rating. Morgan Stanley maintained the shares of PBCT in report on Friday, April 20 with “Equal-Weight” rating. Sandler O’Neill maintained the stock with “Hold” rating in Thursday, January 18 report. The stock of People's United Financial, Inc. (NASDAQ:PBCT) has “Hold” rating given on Thursday, April 19 by Keefe Bruyette & Woods. Sandler O’Neill upgraded it to “Buy” rating and $2100 target in Thursday, April 19 report. The stock of People's United Financial, Inc. (NASDAQ:PBCT) has “Hold” rating given on Thursday, December 21 by Keefe Bruyette & Woods.

PeopleÂ’s United Financial, Inc. operates as the bank holding firm for PeopleÂ’s United Bank, National Association that provides commercial banking, retail banking, and wealth management services to individual, corporate, and municipal customers. The company has market cap of $6.41 billion. The firm operates in two divisions, Commercial Banking and Retail Banking. It has a 19.37 P/E ratio. The Commercial Banking segment offers commercial real estate lending, commercial and industrial lending, and commercial deposit gathering services.

Another recent and important People's United Financial, Inc. (NASDAQ:PBCT) news was published by Gurufocus.com which published an article titled: “10 Undervalued Companies for the Defensive Dividend Stock Investor – June 2018” on June 14, 2018.

People's United Financial, Inc. (NASDAQ:PBCT) Institutional Positions Chart

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