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Provident Financial Services (NYSE:PFS) Director Frank L. Fekete unloaded 6,000 shares of the stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $17.14, for a total transaction of $102,840.00. Following the transaction, the director now directly owns 48,037 shares in the company, valued at approximately $823,354. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

PFS has been the subject of a number of recent research reports. Analysts at Sterne Agee upgraded shares of Provident Financial Services from a “neutral” rating to a “buy” rating in a research note on Tuesday, July 29th. They now have a $19.00 price target on the stock. Analysts at RBC Capital reiterated an “outperform” rating on shares of Provident Financial Services in a research note on Tuesday, June 3rd. They now have a $20.00 price target on the stock, down previously from $21.00. One equities research analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $19.33.

Provident Financial Services (NYSE:PFS) traded down 0.82% during mid-day trading on Wednesday, hitting $17.01. The stock had a trading volume of 174,499 shares. Provident Financial Services has a 1-year low of $15.78 and a 1-year high of $19.93. The stock’s 50-day moving average is $16.88 and its 200-day moving average is $17.41. The company has a market cap of $1.006 billion and a P/E ratio of 14.91.

Provident Financial Services (NYSE:PFS) last announced its earnings results on Friday, July 25th. The company reported $0.31 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.31. During the same quarter in the previous year, the company posted $0.34 earnings per share. On average, analysts predict that Provident Financial Services will post $1.23 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Friday, August 29th. Investors of record on Friday, August 15th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.53%. The ex-dividend date of this dividend is Wednesday, August 13th.

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

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