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Provident Financial Services (NYSE:PFS) Director Carlos Hernandez sold 6,825 shares of the stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $17.85, for a total transaction of $121,826.25. Following the completion of the sale, the director now directly owns 74,986 shares of the company’s stock, valued at approximately $1,338,500. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Shares of Provident Financial Services (NYSE:PFS) traded up 0.33% on Friday, hitting $18.07. 238,574 shares of the company’s stock traded hands. Provident Financial Services has a 1-year low of $14.85 and a 1-year high of $19.93. The stock has a 50-day moving average of $17.08 and a 200-day moving average of $18.05. The company has a market cap of $1.037 billion and a P/E ratio of 14.80.

Provident Financial Services (NYSE:PFS) last issued its quarterly earnings data on Friday, April 25th. The company reported $0.30 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.30. During the same quarter last year, the company posted $0.31 earnings per share. Analysts expect that Provident Financial Services will post $1.27 EPS for the current fiscal year.

A number of analysts have recently weighed in on PFS shares. Analysts at RBC Capital reiterated an “outperform” rating on shares of Provident Financial Services in a research note on Tuesday. They now have a $20.00 price target on the stock, down previously from $21.00. Separately, analysts at Raymond James downgraded shares of Provident Financial Services to an “underperform” rating in a research note on Thursday, May 8th. Finally, analysts at Drexel Hamilton initiated coverage on shares of Provident Financial Services in a research note on Thursday, May 8th. They set a “buy” rating on the stock. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $18.85.

Provident Financial Services, Inc is a holding company of The Provident Bank (NYSE:PFS).

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