People’s United Financial Inc. (NASDAQ:PBCT) – Research analysts at Jefferies Group issued their Q1 2017 earnings estimates for shares of People’s United Financial in a research report issued on Tuesday. Jefferies Group analyst C. Haire anticipates that the brokerage will post earnings of $0.21 per share for the quarter. Jefferies Group also issued estimates for People’s United Financial’s Q2 2017 earnings at $0.23 EPS, Q3 2017 earnings at $0.24 EPS and Q4 2017 earnings at $0.25 EPS.

People’s United Financial (NASDAQ:PBCT) last posted its quarterly earnings data on Thursday, July 21st. The company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.01. People’s United Financial had a return on equity of 5.60% and a net margin of 19.13%.

Earnings History and Estimates for People`s United Financial (NASDAQ:PBCT)

Other analysts have also recently issued research reports about the company. Zacks Investment Research raised People’s United Financial from a “sell” rating to a “hold” rating in a research report on Monday, June 20th. Keefe, Bruyette & Woods reissued a “market perform” rating and issued a $16.00 price objective on shares of People’s United Financial in a research report on Wednesday, June 29th. Piper Jaffray Cos. raised People’s United Financial from an “underweight” rating to a “neutral” rating and set a $14.00 price objective for the company in a research report on Wednesday, June 29th. Finally, Deutsche Bank AG raised their price objective on People’s United Financial from $14.00 to $15.00 and gave the stock a “hold” rating in a research report on Tuesday. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $15.31.

Shares of People’s United Financial (NASDAQ:PBCT) opened at 15.51 on Thursday. People’s United Financial has a 12 month low of $13.62 and a 12 month high of $16.93. The stock has a market cap of $4.71 billion, a PE ratio of 17.43 and a beta of 0.85. The firm has a 50-day moving average price of $15.88 and a 200-day moving average price of $15.55.

In other People’s United Financial news, VP David K. Norton sold 15,495 shares of People’s United Financial stock in a transaction dated Wednesday, August 31st. The stock was sold at an average price of $16.05, for a total transaction of $248,694.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Robert E. Trautmann sold 47,707 shares of People’s United Financial stock in a transaction dated Thursday, August 18th. The shares were sold at an average price of $15.48, for a total value of $738,504.36. The disclosure for this sale can be found here. Company insiders own 2.90% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. raised its position in shares of People’s United Financial by 0.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 22,500 shares of the company’s stock valued at $329,000 after buying an additional 84 shares in the last quarter. Canada Pension Plan Investment Board raised its position in shares of People’s United Financial by 1.3% in the first quarter. Canada Pension Plan Investment Board now owns 7,600 shares of the company’s stock valued at $121,000 after buying an additional 100 shares in the last quarter. Camelot Portfolios LLC raised its position in shares of People’s United Financial by 1.0% in the second quarter. Camelot Portfolios LLC now owns 11,154 shares of the company’s stock valued at $164,000 after buying an additional 111 shares in the last quarter. World Asset Management Inc raised its position in shares of People’s United Financial by 0.7% in the second quarter. World Asset Management Inc now owns 31,144 shares of the company’s stock valued at $457,000 after buying an additional 204 shares in the last quarter. Finally, Advantus Capital Management Inc raised its position in shares of People’s United Financial by 0.9% in the second quarter. Advantus Capital Management Inc now owns 30,094 shares of the company’s stock valued at $441,000 after buying an additional 268 shares in the last quarter. Institutional investors and hedge funds own 77.34% of the company’s stock.

People’s United Financial Company Profile

People’s United Financial, Inc (People’s United) is the bank holding company for People’s United Bank, National Association (the Bank). The principal business of the Company is to provide, through the Bank and its subsidiaries, commercial banking, retail banking and wealth management services to individual, corporate and municipal customers.

5 Day Chart for NASDAQ:PBCT

Receive News & Stock Ratings for People's United Financial Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for People's United Financial Inc. and related stocks with our FREE daily email newsletter.