People's United Financial, Inc. (NASDAQ:PBCT) Director Janet M. Hansen sold 10,000 shares of the company’s stock in a transaction on Tuesday, December 5th. The stock was sold at an average price of $19.14, for a total transaction of $191,400.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

People's United Financial, Inc. (PBCT) traded down $0.30 during trading on Wednesday, hitting $18.95. 2,550,600 shares of the stock were exchanged, compared to its average volume of 2,913,427. People's United Financial, Inc. has a one year low of $15.97 and a one year high of $20.13. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.98 and a current ratio of 0.98. The firm has a market cap of $6,665.34, a P/E ratio of 20.05, a price-to-earnings-growth ratio of 9.78 and a beta of 0.85.

People's United Financial (NASDAQ:PBCT) last posted its quarterly earnings data on Thursday, October 19th. The bank reported $0.26 EPS for the quarter, topping the Zacks’ consensus estimate of $0.25 by $0.01. The company had revenue of $373.90 million during the quarter, compared to the consensus estimate of $374.59 million. People's United Financial had a net margin of 19.32% and a return on equity of 6.28%. The company’s quarterly revenue was up 11.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.24 EPS. analysts expect that People's United Financial, Inc. will post 0.98 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 15th. Stockholders of record on Wednesday, November 1st were issued a $0.1725 dividend. The ex-dividend date of this dividend was Tuesday, October 31st. This represents a $0.69 dividend on an annualized basis and a dividend yield of 3.64%. People's United Financial’s payout ratio is 75.83%.

A number of equities analysts recently weighed in on the stock. Zacks Investment Research raised shares of People's United Financial from a “hold” rating to a “buy” rating and set a $22.00 target price for the company in a research note on Tuesday. Piper Jaffray Companies restated a “sell” rating and set a $17.00 price objective on shares of People's United Financial in a research note on Sunday, October 22nd. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has issued a buy rating to the stock. People's United Financial has a consensus rating of “Hold” and a consensus target price of $19.19.

Several hedge funds have recently modified their holdings of the company. Steward Partners Investment Advisory LLC bought a new stake in shares of People's United Financial in the 3rd quarter valued at about $416,000. IFM Investors Pty Ltd raised its holdings in shares of People's United Financial by 35.0% in the 3rd quarter. IFM Investors Pty Ltd now owns 26,792 shares of the bank’s stock valued at $486,000 after purchasing an additional 6,949 shares during the period. Ameritas Investment Partners Inc. raised its holdings in shares of People's United Financial by 6.9% in the 3rd quarter. Ameritas Investment Partners Inc. now owns 67,141 shares of the bank’s stock valued at $1,206,000 after purchasing an additional 4,315 shares during the period. California Public Employees Retirement System raised its holdings in shares of People's United Financial by 2.2% in the 3rd quarter. California Public Employees Retirement System now owns 1,083,111 shares of the bank’s stock valued at $19,648,000 after purchasing an additional 23,383 shares during the period. Finally, Janney Montgomery Scott LLC raised its holdings in shares of People's United Financial by 5.2% in the 3rd quarter. Janney Montgomery Scott LLC now owns 241,836 shares of the bank’s stock valued at $4,387,000 after purchasing an additional 12,052 shares during the period. 75.67% of the stock is currently owned by institutional investors.

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People's United Financial Company Profile

People’s United Financial, Inc is a bank holding company and a financial holding company of People’s United Bank (the Bank). The Bank is engaged in providing commercial banking, retail banking and wealth management services to individual, corporate and municipal customers. The Company operates through two segments: Commercial Banking and Retail Banking.

Insider Buying and Selling by Quarter for People's United Financial (NASDAQ:PBCT)

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