Dividend Flows Coverage: Provident Financial Services, Inc (NYSE:PFS) will be paying shareholders dividends of $0.18 on Nov 30, 2016.

Dividend Flows Coverage: Provident Financial Services, Inc (NYSE:PFS) will be paying shareholders dividends of $0.18 on Nov 30, 2016.

Provident Financial Services, Inc (NYSE:PFS) is expected to pay $0.18 on Nov 30, 2016. The indicated annual dividend is $0.72. Shareholders owning the stock before Nov 10, 2016 will be eligible to receive the payout. Based on Provident Financial Services, Inc’s current price of $22.59, the dividend is 0.80%. This dividend’s record date is Nov 15, 2016 and the announcement date is Oct 31, 2016. The stock decreased 0.09% or $0.02 during the last trading session, hitting $22.59. Provident Financial Services, Inc. (NYSE:PFS) has risen 15.85% since April 7, 2016 and is uptrending. It has outperformed by 11.06% the S&P500.

Provident Financial Services Inc. is a holding firm for The Provident Bank . The company has a market cap of $1.53 billion. The Bank is a New Jersey-chartered capital stock savings bank. It has a 16.57 P/E ratio. As a community and customer-oriented institution, the Bank provides personal service and customer convenience in serving the financial needs of the individuals, families and businesses residing in its primary markets areas.

Insitutional Activity: The institutional sentiment decreased to 1.09 in 2016 Q2. Its down 0.12, from 1.21 in 2016Q1. The ratio dived, as 6 funds sold all Provident Financial Services, Inc. shares owned while 48 reduced positions. 12 funds bought stakes while 47 increased positions. They now own 40.44 million shares or 0.63% more from 40.18 million shares in 2016Q1.
Toronto Dominion National Bank & Trust holds 9 shares or 0% of its portfolio. Contravisory Invest Mngmt last reported 0.05% of its portfolio in the stock. Legal & General Group Plc holds 16,179 shares or 0% of its portfolio. Qs Ltd Com accumulated 41 shares or 0% of the stock. Blackrock accumulated 18,766 shares or 0% of the stock. Private Advisor Limited Liability Corporation has 11,783 shares for 0.01% of their US portfolio. State Of Tennessee Treasury Department holds 46,055 shares or 0% of its portfolio. Renaissance Technology has invested 0.03% of its portfolio in Provident Financial Services, Inc. (NYSE:PFS). Wells Fargo And Mn holds 0% of its portfolio in Provident Financial Services, Inc. (NYSE:PFS) for 99,095 shares. Teachers Retirement Sys Of The State Of Kentucky holds 0.01% of its portfolio in Provident Financial Services, Inc. (NYSE:PFS) for 24,700 shares. The Pennsylvania-based Emerald Mutual Fund Advisers Trust has invested 0.02% in Provident Financial Services, Inc. (NYSE:PFS). Denali Limited Liability Corp accumulated 37 shares or 0% of the stock. Glenmede Tru Commerce Na last reported 32,900 shares in the company. Moreover, Parametric Portfolio Associates Ltd Liability Corporation has 0.01% invested in Provident Financial Services, Inc. (NYSE:PFS) for 168,011 shares. Moreover, Pnc Financial Services Inc has 0% invested in Provident Financial Services, Inc. (NYSE:PFS) for 27,370 shares.

Insider Transactions: Since May 24, 2016, the stock had 0 insider purchases, and 12 insider sales for $2.79 million net activity. On Tuesday, August 23 Christy James A. sold $226,116 worth of the stock or 10,753 shares. 5,500 shares with value of $118,183 were sold by NOVIELLI JACK on Tuesday, August 30. Shares for $206,778 were sold by BLUM DONALD W on Friday, August 5. KUNTZ JOHN F had sold 10,000 shares worth $200,945. FEKETE FRANK L had sold 4,559 shares worth $93,078. HERNANDEZ CARLOS sold $65,092 worth of stock or 3,200 shares. 27,267 Provident Financial Services, Inc. (NYSE:PFS) shares with value of $580,964 were sold by MARTIN CHRISTOPHER P.

Provident Financial Services, Inc. (NYSE:PFS) Ratings Coverage

Out of 6 analysts covering Provident Financial Services (NYSE:PFS), 2 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 33% are positive. Provident Financial Services has been the topic of 7 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The firm has “Neutral” rating given on Friday, July 31 by Boenning & Scattergood. As per Tuesday, November 10, the company rating was downgraded by Piper Jaffray. Zacks upgraded the shares of PFS in a report on Friday, August 14 to “Hold” rating. Sandler O’Neill downgraded Provident Financial Services, Inc. (NYSE:PFS) on Tuesday, September 13 to “Hold” rating. The rating was maintained by RBC Capital Markets on Monday, August 3 with “Outperform”. Drexel Hamilton downgraded the shares of PFS in a report on Monday, August 3 to “Hold” rating.

More news for Provident Financial Services, Inc. (NYSE:PFS) were recently published by: Nasdaq.com, which released: “Ex-Dividend Reminder: NorthStar Asset Management Group, Provident Financial …” on November 08, 2016. Globenewswire.com‘s article titled: “Provident Financial Services, Inc. Appoints Broadridge Corporate Issuer …” and published on October 31, 2014 is yet another important article.

PFS Company Profile

Provident Financial Services Inc., incorporated on August 13, 2002, is a holding firm for The Provident Bank (the Bank). The Bank is a New Jersey-chartered capital stock savings bank. As a community and customer-oriented institution, the Bank provides personal service and customer convenience in serving the financial needs of the individuals, families and businesses residing in its primary markets areas. The Bank attracts deposits from the general public and businesses in the areas surrounding its banking offices and uses those funds, together with funds generated from activities and borrowings, to originate commercial real estate loans, residential mortgage loans, commercial business loans and consumer loans. The Bank also invests in mortgage-backed securities and other permissible investments. It operates approximately 90 service branch offices in the New Jersey counties of Hudson, Bergen, Essex, Mercer, Hunterdon, Middlesex, Monmouth, Morris, Ocean, Passaic, Somerset, Union and Warren, as well as in Bucks, Lehigh and Northampton counties in Pennsylvania.

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