People’s United Financial Inc. [PBCT] moved down -1.56: Why It’s Important

People’s United Financial Inc. [NASDAQ: PBCT] loss -1.56% on the last trading session, reaching $13.90 price per share at the time. The company report on January 22, 2021 that People’s United Financial Declares Cash Dividend on Preferred Stock.

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People’s United Financial, Inc. (NASDAQ: PBCT) announced that its Board of Directors declared a quarterly cash dividend of $0.3515625 per share on the Company’s Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock. The dividend is payable on March 15, 2021 to shareholders of record at the close of business on March 1, 2021.

People’s United Financial, Inc., a diversified, community-focused financial services company with over $63 billion in total assets, offers commercial and retail banking through a network of more than 400 retail locations in Connecticut, New York, Massachusetts, Vermont, New Hampshire and Maine, as well as wealth management solutions. The company also provides specialized commercial services to customers nationwide.

People’s United Financial Inc. represents 418.00 million in outstanding shares, while the company has a total market value of $5.95 billion with the latest information. PBCT stock price has been found in the range of $13.89 to $14.365.

If compared to the average trading volume of 5.23M shares, PBCT reached a trading volume of 6488321 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about People’s United Financial Inc. [PBCT]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PBCT shares is $14.39 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PBCT stock is a recommendation set at 2.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Jefferies have made an estimate for People’s United Financial Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 07, 2021. While these analysts kept the previous recommendation, Seaport Global Securities raised their target price to Buy. The new note on the price target was released on December 17, 2020, representing the official price target for People’s United Financial Inc. stock. Previously, the target price had yet another raise to $14, while RBC Capital Mkts analysts kept a Sector Perform rating on PBCT stock.

The Average True Range (ATR) for People’s United Financial Inc. is set at 0.44, with the Price to Sales ratio for PBCT stock in the period of the last 12 months amounting to 3.28. The Price to Book ratio for the last quarter was 0.77, with the Price to Cash per share for the same quarter was set at 3.09. Price to Free Cash Flow for PBCT in the course of the last twelve months was 19.43.

Trading performance analysis for PBCT stock

People’s United Financial Inc. [PBCT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.77. With this latest performance, PBCT shares gained by 6.92% in over the last four-week period, additionally plugging by 21.19% over the last 6 months – not to mention a drop of -11.52% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PBCT stock in for the last two-week period is set at 51.39, with the RSI for the last a single of trading hit 46.05, and the three-weeks RSI is set at 53.95 for People’s United Financial Inc. [PBCT]. The present Moving Average for the last 50 days of trading for this stock 13.39, while it was recorded at 14.18 for the last single week of trading, and 11.77 for the last 200 days.

People’s United Financial Inc. [PBCT]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and People’s United Financial Inc. [PBCT] shares currently have an operating margin of +28.22. People’s United Financial Inc.’s Net Margin is presently recorded at +25.83.

Return on Total Capital for PBCT is now 5.10, given the latest momentum, and Return on Invested Capital for the company is 6.11. Return on Equity for this stock inclined to 7.20, with Return on Assets sitting at 0.94. When it comes to the capital structure of this company, People’s United Financial Inc. [PBCT] has a Total Debt to Total Equity ratio set at 27.11. Additionally, PBCT Total Debt to Total Capital is recorded at 21.33, with Total Debt to Total Assets ending up at 3.40. Long-Term Debt to Equity for the company is recorded at 20.48, with the Long-Term Debt to Total Capital now at 15.62.

People’s United Financial Inc. [PBCT]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, People’s United Financial Inc. posted 0.33/share EPS, while the average EPS was predicted by analysts to be reported at 0.23/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 43.50%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PBCT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for People’s United Financial Inc. go to 13.73%.

An analysis of insider ownership at People’s United Financial Inc. [PBCT]

There are presently around $4,236 million, or 75.90% of PBCT stock, in the hands of institutional investors. The top three institutional holders of PBCT stocks are: STATE STREET CORP with ownership of 53,714,005, which is approximately 6.045% of the company’s market cap and around 0.10% of the total institutional ownership; VANGUARD GROUP INC, holding 46,768,603 shares of the stock with an approximate value of $650.08 million in PBCT stocks shares; and BLACKROCK INC., currently with $510.47 million in PBCT stock with ownership of nearly -3.903% of the company’s market capitalization.

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Positions in People’s United Financial Inc. stocks held by institutional investors increased at the end of January and at the time of the January reporting period, where 206 institutional holders increased their position in People’s United Financial Inc. [NASDAQ:PBCT] by around 22,582,147 shares. Additionally, 244 investors decreased positions by around 27,002,702 shares, while 75 investors held positions by with 255,141,348 shares. The mentioned changes placed institutional holdings at 304,726,197 shares, according to the latest SEC report filing. PBCT stock had 54 new institutional investments in for a total of 4,081,797 shares, while 54 institutional investors sold positions of 8,761,875 shares during the same period.

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