People's United Financial, Inc. (PBCT) EPS Estimated At $0.31; Atika Capital Management Lifted Microsoft (MSFT) Holding

June 17, 2018 - By Darrin Black

People's United Financial, Inc. (NASDAQ:PBCT) Logo

Atika Capital Management Llc increased Microsoft Corp (MSFT) stake by 105.36% reported in 2018Q1 SEC filing. Atika Capital Management Llc acquired 59,000 shares as Microsoft Corp (MSFT)’s stock rose 3.08%. The Atika Capital Management Llc holds 115,000 shares with $10.50 million value, up from 56,000 last quarter. Microsoft Corp now has $769.32 billion valuation. The stock decreased 1.27% or $1.29 during the last trading session, reaching $100.13. About 37.25M shares traded or 26.19% up from the average. Microsoft Corporation (NASDAQ:MSFT) has risen 41.28% since June 17, 2017 and is uptrending. It has outperformed by 28.71% the S&P500. Some Historical MSFT News: ; 26/03/2018 – Amdocs Collaborates with Microsoft to Enable ONAP on Microsoft Azure; 16/03/2018 – MSFT CITES ON-GOING AZURE EMAIL SERVICES OUTAGE SINCE MARCH 15; 05/04/2018 – Agio Launches New Public Cloud and Cybersecurity Offering: SkySuite; 02/05/2018 – CloudBees to Highlight Kubernetes Innovation at Microsoft Build 2018 in Seattle; 04/04/2018 – The Morning Download: Microsoft Collaboration Tools Gain Share Amid Shift to Cloud; 14/03/2018 – Clifford Sarkin Appointed to Millennium BlockChain Board of Advisors; 04/04/2018 – Teknor Apex Appoints M. Holland Company as Primary Distributor of Creamid™ and Duramid™; 24/04/2018 – Sprinklr Hires Former Microsoft U.S. CMO Grad Conn as Chief Experience and Marketing Officer; 07/05/2018 – VentureBeat: Microsoft open-sources Azure IoT Edge runtime, embraces more Kubernetes, partners with DJI and Qualcomm #Build2018; 25/04/2018 – Forbes Magazine Names FTI Consulting to America’s Best Management Consulting Firms List for Third Consecutive Year




Analysts expect People's United Financial, Inc. (NASDAQ:PBCT) to report $0.31 EPS on July, 19.They anticipate $0.07 EPS change or 29.17% from last quarter’s $0.24 EPS. PBCT’s profit would be $105.81 million giving it 15.10 P/E if the $0.31 EPS is correct. After having $0.30 EPS previously, People's United Financial, Inc.’s analysts see 3.33% EPS growth. The stock decreased 0.32% or $0.06 during the last trading session, reaching $18.73. About 2.95M shares traded or 1.19% up from the average. People's United Financial, Inc. (NASDAQ:PBCT) has risen 11.34% since June 17, 2017 and is uptrending. It has underperformed by 1.23% the S&P500. Some Historical PBCT News: ; 04/05/2018 – People’s United Financial, Inc. Names Jeff Tengel President; 19/04/2018 – PEOPLE’S UNITED BOOSTS QTR DIV TO 17.5C FROM 17.25C, EST. 17.5C; 19/04/2018 – People’s United Financial 1Q Rev $386.2M; 19/04/2018 – People’s United Financial Profit Rises 52; 04/05/2018 – PEOPLE’S UNITED FINL NAMES JEFF TENGEL PRESIDENT; 21/03/2018 – Glancy Prongay & Murray LLP Announces Investigation on Behalf of People’s United Financial, Inc. Investors (PBCT); 19/04/2018 – Am Banker [Reg]: Acquisitions drive loan, profit gains at People’s United; 19/04/2018 – People’s United Financial 1Q EPS 30c; 19/04/2018 – PEOPLE’S UNITED FINANCIAL INC – NET INTEREST INCOME TOTALED $295.8 MLN IN 1Q18 COMPARED TO $292.3 MLN IN 4Q17; 06/03/2018 Consolidated Research: 2018 Summary Expectations for People’s United Financial, American International Group, ImmunoCellular Th

Investors sentiment decreased to 0.74 in Q1 2018. Its down 0.03, from 0.77 in 2017Q4. It is negative, as 49 investors sold MSFT shares while 1035 reduced holdings. 142 funds opened positions while 665 raised stakes. 5.38 billion shares or 1.45% less from 5.46 billion shares in 2017Q4 were reported. California Pub Employees Retirement System holds 2.33% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 17.95M shares. Oregon Pub Employees Retirement Fund holds 1.83 million shares. 250 are owned by Corbyn Investment Mgmt Md. Pennsylvania Tru invested 1.91% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Burney reported 170,418 shares. Community Comml Bank Of Raymore owns 2,317 shares. Invsts Asset Mgmt Of Georgia Ga Adv has invested 1.27% in Microsoft Corporation (NASDAQ:MSFT). Valley Advisers has invested 2.43% in Microsoft Corporation (NASDAQ:MSFT). Aull & Monroe Invest Management accumulated 18,692 shares. 27,480 were reported by Quantitative Systematic Strategies Ltd Liability Com. Smart Portfolios Limited Liability Corp reported 8,778 shares stake. Rwwm Inc holds 481,486 shares. Gfs Advisors Lc holds 77,470 shares. Qci Asset Management New York holds 2.26% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 233,773 shares. 17,929 are owned by New England Research & Management Inc.

More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: Seekingalpha.com which released: “For Microsoft The Future Is Now” on June 13, 2018, also Nasdaq.com with their article: “Microsoft (MSFT) Puts Rumors to Rest by Confirming GitHub Buyout” published on June 14, 2018, Thestreet.com published: “Why Microsoft Is Ratcheting Up Its Hardware and Chip Ambitions” on June 14, 2018. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: Seekingalpha.com and their article: “Can Cloud-Based Growth Sustain Microsoft Going Forward?” published on June 04, 2018 as well as Nasdaq.com‘s news article titled: “Leaked Microsoft Document Points to Dual-Screen Mobile Device” with publication date: June 13, 2018.

Among 37 analysts covering Microsoft Corporation (NASDAQ:MSFT), 31 have Buy rating, 1 Sell and 5 Hold. Therefore 84% are positive. Microsoft Corporation had 196 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, January 26 by Cowen & Co. The firm has “Buy” rating by Bank of America given on Friday, October 23. The company was maintained on Tuesday, January 23 by Stifel Nicolaus. The firm has “Buy” rating given on Friday, July 21 by Piper Jaffray. The firm earned “Buy” rating on Wednesday, December 20 by RBC Capital Markets. The firm has “Buy” rating given on Thursday, January 25 by BMO Capital Markets. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Buy” rating given on Friday, July 21 by Cowen & Co. The stock has “Overweight” rating by Pacific Crest on Tuesday, September 22. The firm has “Hold” rating by Wunderlich given on Wednesday, July 20. The stock has “Neutral” rating by Citigroup on Monday, April 30.

Atika Capital Management Llc decreased Atlassian Corp Plc stake by 25,000 shares to 100,000 valued at $5.39M in 2018Q1. It also reduced Ringcentral Inc (NYSE:RNG) stake by 8,800 shares and now owns 126,200 shares. Arista Networks Inc (NYSE:ANET) was reduced too.

Since February 16, 2018, it had 1 buying transaction, and 4 insider sales for $1.39 million activity. On Thursday, June 7 Capossela Christopher C sold $1.01M worth of Microsoft Corporation (NASDAQ:MSFT) or 10,000 shares. Another trade for 5,400 shares valued at $550,606 was bought by PETERSON SANDRA E.

Investors sentiment decreased to 1.13 in Q1 2018. Its down 0.19, from 1.32 in 2017Q4. It turned negative, as 24 investors sold People's United Financial, Inc. shares while 125 reduced holdings. 44 funds opened positions while 125 raised stakes. 259.70 million shares or 1.71% more from 255.33 million shares in 2017Q4 were reported. State Of Wisconsin Board reported 67,189 shares. Wealthfront reported 82,404 shares. Northwestern Mutual Wealth invested in 0% or 12,066 shares. Nomura Holdings holds 0% in People's United Financial, Inc. (NASDAQ:PBCT) or 96,129 shares. Bancshares reported 131,925 shares or 0.03% of all its holdings. Amp Invsts Ltd reported 0.01% stake. Washington Trust Financial Bank has invested 0.05% in People's United Financial, Inc. (NASDAQ:PBCT). Cap Financial Advisers Ltd reported 104,077 shares stake. Bancorp Of America De reported 1.06M shares or 0% of all its holdings. Brinker Capital has invested 0.02% in People's United Financial, Inc. (NASDAQ:PBCT). 190 are owned by Tci Wealth Advsr. Daiwa Group has invested 0% in People's United Financial, Inc. (NASDAQ:PBCT). Ny State Common Retirement Fund accumulated 845,710 shares or 0.02% of the stock. Brown Brothers Harriman Co stated it has 0% of its portfolio in People's United Financial, Inc. (NASDAQ:PBCT). Mark Sheptoff Fin Planning Ltd Co reported 4,470 shares stake.

PeopleÂ’s United Financial, Inc. operates as the bank holding firm for PeopleÂ’s United Bank, National Association that provides commercial banking, retail banking, and wealth management services to individual, corporate, and municipal customers. The company has market cap of $6.39 billion. The firm operates in two divisions, Commercial Banking and Retail Banking. It has a 19.31 P/E ratio. The Commercial Banking segment offers commercial real estate lending, commercial and industrial lending, and commercial deposit gathering services.

Among 12 analysts covering People’s United Financial Inc (NASDAQ:PBCT), 2 have Buy rating, 1 Sell and 9 Hold. Therefore 17% are positive. People’s United Financial Inc had 32 analyst reports since July 20, 2015 according to SRatingsIntel. The stock of People's United Financial, Inc. (NASDAQ:PBCT) earned “Sell” rating by Piper Jaffray on Tuesday, October 3. Morgan Stanley maintained the shares of PBCT in report on Friday, April 20 with “Equal-Weight” rating. The firm earned “Hold” rating on Friday, September 22 by Jefferies. As per Tuesday, December 20, the company rating was upgraded by FBR Capital. The rating was upgraded by Piper Jaffray to “Neutral” on Wednesday, June 29. The firm has “Neutral” rating by JP Morgan given on Thursday, January 5. As per Monday, July 10, the company rating was maintained by Keefe Bruyette & Woods. The company was upgraded on Monday, June 5 by Morgan Stanley. The stock of People's United Financial, Inc. (NASDAQ:PBCT) earned “Hold” rating by Jefferies on Wednesday, June 14. The stock of People's United Financial, Inc. (NASDAQ:PBCT) has “Hold” rating given on Thursday, June 8 by Keefe Bruyette & Woods.

Since January 22, 2018, it had 0 insider buys, and 10 sales for $3.21 million activity. $109,995 worth of People's United Financial, Inc. (NASDAQ:PBCT) shares were sold by Daukas Galan G. BARNES JOHN P had sold 22,000 shares worth $420,200. RICHARDS MARK W had sold 6,500 shares worth $128,960 on Monday, January 22. Shares for $186,930 were sold by Carter George P on Friday, May 18. Another trade for 4,300 shares valued at $85,617 was sold by Franklin Jerry. Longobardi Sara M had sold 73,324 shares worth $1.34 million. $113,100 worth of stock was sold by Powlus Lee C on Thursday, February 1.

People's United Financial, Inc. (NASDAQ:PBCT) Institutional Positions Chart

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