Provident Financial Services SVP Sells $81,500 in Stock (PFS)
Provident Financial Services (NYSE:PFS) SVP James Christy sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $16.30, for a total value of $81,500.00. Following the completion of the transaction, the senior vice president now directly owns 8,226 shares in the company. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of Provident Financial Services (NYSE:PFS) from a “neutral” rating to an “outperform” rating in a research note to investors on Thursday, August 1st. They now have a $19.40 price target on the stock. Separately, analysts at Raymond James raised their price target on shares of Provident Financial Services (NYSE:PFS) from $16.00 to $19.00 in a research note to investors on Monday, July 29th. Finally, analysts at Keefe, Bruyette & Woods raised their price target on shares of Provident Financial Services (NYSE:PFS) from $16.00 to $17.00 in a research note to investors on Monday, July 29th.
One analyst has rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $18.10.
Provident Financial Services (NYSE:PFS) traded up 0.55% on Friday, hitting $16.35. The stock had a trading volume of 81,078 shares. Provident Financial Services has a one year low of $13.13 and a one year high of $18.31. The stock has a 50-day moving average of $17.14 and a 200-day moving average of $15.88. The company has a market cap of $935.3 million and a price-to-earnings ratio of 13.31.
Provident Financial Services (NYSE:PFS) last released its earnings data on Friday, July 26th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.05. During the same quarter in the previous year, the company posted $0.28 earnings per share.
Provident Financial Services, Inc is a holding company of The Provident Bank (NYSE:PFS).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.