EPS for People’s United Financial, Inc. (PBCT) Expected At $0.23

June 20, 2017 - By Linda Rogers

 EPS for People's United Financial, Inc. (PBCT) Expected At $0.23
Investors sentiment increased to 1.18 in 2016 Q4. Its up 0.12, from 1.06 in 2016Q3. It is positive, as 37 investors sold People’s United Financial, Inc. shares while 120 reduced holdings. 58 funds opened positions while 127 raised stakes. 254.56 million shares or 4.40% more from 243.83 million shares in 2016Q3 were reported.
Natixis, France-based fund reported 10,835 shares. Ftb Advsr Incorporated reported 1,627 shares or 0% of all its holdings. 24,257 were reported by Ibm Retirement Fund. Campbell Newman Asset Mgmt owns 10,000 shares or 0.04% of their US portfolio. Aviva Public Ltd Com accumulated 206,071 shares. Tower Rech Ltd Liability (Trc), New York-based fund reported 17,947 shares. Sumitomo Mitsui Incorporated invested in 926,436 shares or 0.03% of the stock. 500 were accumulated by Ancora Lc. Northern Tru invested 0.03% in People’s United Financial, Inc. (NASDAQ:PBCT). Lmr Ltd Liability Partnership, a United Kingdom-based fund reported 24,118 shares. Viking Fund Ltd Liability Com holds 104,000 shares or 0.25% of its portfolio. Hsbc Public Ltd Liability Corp reported 344,026 shares. Finemark Financial Bank And Tru owns 0.01% invested in People’s United Financial, Inc. (NASDAQ:PBCT) for 6,691 shares. Allsquare Wealth Management Limited Liability Company owns 392 shares. Moreover, Intl Grp Incorporated Inc has 0.01% invested in People’s United Financial, Inc. (NASDAQ:PBCT) for 134,616 shares.

Since January 24, 2017, it had 0 buys, and 10 selling transactions for $8.91 million activity. 100,000 People’s United Financial, Inc. (NASDAQ:PBCT) shares with value of $1.89 million were sold by Hoyt Richard M. Another trade for 32,732 shares valued at $622,581 was sold by RICHARDS MARK W. Daukas Galan G also sold $175,637 worth of People’s United Financial, Inc. (NASDAQ:PBCT) shares. $2.03 million worth of stock was sold by Trautmann Robert E on Thursday, June 8. 4,520 People’s United Financial, Inc. (NASDAQ:PBCT) shares with value of $75,579 were sold by Franklin Jerry. $2.89M worth of People’s United Financial, Inc. (NASDAQ:PBCT) was sold by NORTON DAVID K.

Wall Street await People’s United Financial, Inc. (NASDAQ:PBCT) to release earnings on July, 20. Analysts forecast earnings per share of $0.23, exactly $0.00 or 0.00 % from 2014’s $0.23 EPS. The expected PBCT’s profit could reach $79.26M giving the stock 18.99 P/E in the case that $0.23 earnings per share is reported. After posting $0.22 EPS for the previous quarter, People’s United Financial, Inc.’s analysts now forecast 4.55 % EPS growth. About 664,580 shares traded. People’s United Financial, Inc. (NASDAQ:PBCT) has risen 9.82% since June 20, 2016 and is uptrending. It has underperformed by 6.88% the S&P500.

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

Among 9 analysts covering People’s United Financial Inc (NASDAQ:PBCT), 1 have Buy rating, 3 Sell and 5 Hold. Therefore 11% are positive. People’s United Financial Inc has $20 highest and $14 lowest target. $16.50’s average target is -5.55% below currents $17.47 stock price. People’s United Financial Inc had 14 analyst reports since July 20, 2015 according to SRatingsIntel. The rating was initiated by Wells Fargo with “Market Perform” on Friday, January 6. The stock has “Underweight” rating by Morgan Stanley on Tuesday, April 5. The rating was upgraded by Piper Jaffray to “Neutral” on Monday, January 25. The stock of People’s United Financial, Inc. (NASDAQ:PBCT) earned “Neutral” rating by Piper Jaffray on Wednesday, June 29. The firm has “Neutral” rating by JP Morgan given on Thursday, January 5. On Wednesday, November 16 the stock rating was downgraded by Piper Jaffray to “Underweight”. The rating was downgraded by PiperJaffray on Wednesday, November 16 to “Underweight”. The company was upgraded on Monday, June 5 by Morgan Stanley. The stock of People’s United Financial, Inc. (NASDAQ:PBCT) has “Sell” rating given on Friday, December 2 by Sandler O’Neill. The firm earned “Mkt Perform” rating on Tuesday, December 20 by FBR Capital.

People’s United Financial, Inc. is a bank holding firm and a financial holding firm of People’s United Bank . The company has market cap of $6.02 billion. The Bank is engaged in providing commercial banking, retail banking and wealth management services to individual, corporate and municipal customers. It has a 18.85 P/E ratio. The Firm operates through two divisions: Commercial Banking and Retail Banking.

More important recent People’s United Financial, Inc. (NASDAQ:PBCT) news were published by: Prnewswire.com which released: “Savings & Loans Stock Performance Review — New York Community Bancorp, People …” on June 15, 2017, also Prnewswire.com published article titled: “PEOPLE’S UNITED BANK Announces Innovative and Enhanced Mobile Banking App”, Prnewswire.com published: “People’s United Financial Schedules Conference Call To Review Second Quarter …” on June 15, 2017. More interesting news about People’s United Financial, Inc. (NASDAQ:PBCT) was released by: Nasdaq.com and their article: “Why Is People’s United (PBCT) Down 4.6% Since the Last Earnings Report?” with publication date: May 24, 2017.

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