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Research analysts at SunTrust started coverage on shares of People's United Financial (NASDAQ:PBCT) in a report released on Thursday, TheFlyOnTheWall.com reports. The firm set a “neutral” rating on the stock.

Several other analysts have also recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of People's United Financial in a research note on Wednesday. They now have a $15.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of People's United Financial in a research note on Tuesday, April 22nd. They now have a $15.00 price target on the stock. Finally, analysts at Keefe, Bruyette & Woods cut their price target on shares of People's United Financial from $15.00 to $14.50 in a research note on Monday, April 21st. Two research analysts have rated the stock with a sell rating and ten have issued a hold rating to the company. The stock has an average rating of “Hold” and an average price target of $15.00.

Shares of People's United Financial (NASDAQ:PBCT) opened at 14.24 on Thursday. People's United Financial has a 52-week low of $13.52 and a 52-week high of $15.70. The stock has a 50-day moving average of $14.55 and a 200-day moving average of $14.61. The company has a market cap of $4.265 billion and a P/E ratio of 18.96. People's United Financial also was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totalling 29,237,007 shares, a growth of 10.1% from the April 15th total of 26,562,513 shares. Approximately 9.5% of the company’s shares are short sold. Based on an average daily trading volume, of 4,239,760 shares, the short-interest ratio is presently 6.9 days.

People's United Financial (NASDAQ:PBCT) last announced its earnings results on Wednesday, April 16th. The company reported $0.18 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.20 by $0.02. During the same quarter last year, the company posted $0.16 earnings per share. Analysts expect that People's United Financial will post $0.83 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Thursday, May 15th. Investors of record on Thursday, May 1st will be given a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a yield of 4.63%. The ex-dividend date of this dividend is Tuesday, April 29th. This is an increase from People's United Financial’s previous quarterly dividend of $0.16.

People’s United Financial, Inc (NASDAQ:PBCT) is a savings and loan holding company.

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