Whalerock Point Partners Boosted By $413,352 Its People’s United Financial (PBCT) Holding; Navellier & Associates Raised Its Eldorado Resorts (ERI) Holding

June 27, 2018 - By Martha Paddon

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

Navellier & Associates Inc increased Eldorado Resorts Inc (ERI) stake by 50.58% reported in 2018Q1 SEC filing. Navellier & Associates Inc acquired 20,437 shares as Eldorado Resorts Inc (ERI)’s stock rose 32.44%. The Navellier & Associates Inc holds 60,844 shares with $2.01 million value, up from 40,407 last quarter. Eldorado Resorts Inc now has $3.21 billion valuation. The stock increased 0.24% or $0.1 during the last trading session, reaching $41.5. About 433,183 shares traded. Eldorado Resorts, Inc. (NASDAQ:ERI) has risen 117.07% since June 27, 2017 and is uptrending. It has outperformed by 104.50% the S&P500. Some Historical ERI News: 27/04/2018 – The Cordish Companies and Eldorado Resorts, Inc. (NASDAQ: ERI) Announce New Joint Venture to Develop World-Class, Mixed-Use; 16/04/2018 – ELDORADO RESORTS TO BUY TROPICANA ENTERTAINMENT FOR $1.85B; 16/04/2018 – GAMING AND LEISURE – TO BUY REAL ESTATE ASSETS OF 6 CASINO PROPERTIES FROM TROPICANA ENTERTAINMENT FOR $1.21 BLN, EXCLUSIVE OF TAXES AND DEAL FEES; 16/04/2018 – ICAHN ENTERPRISES – TRANSACTION DOES NOT INCLUDE TROPICANA’S ARUBA ASSETS, WHICH WILL BE DISPOSED OF AS A CONDITION TO CLOSING; 16/04/2018 – Eyewitness News: BREAKING: Tropicana Entertainment announced they are selling 7 gaming properties to Gaming and Leisure; 20/04/2018 – DJ Eldorado Resorts Inc, Inst Holders, 1Q 2018 (ERI); 08/05/2018 – ELDORADO RESORTS – ISSUANCE OF REQUEST EXTENDS WAITING PERIOD UNDER HSR ACT UNTIL 30 DAYS AFTER CO, CDI SUBSTANTIALLY COMPLY WITH REQUEST; 16/04/2018 – Eldorado Resorts To Acquire Tropicana Entertainment In Accretive Transaction Valued At $1.85 Billion; 16/04/2018 – Icahn Enterprises Tropicana Unit to Merge Its Gaming and Hotel Ops Into Eldorado Resorts; 03/05/2018 – ELDORADO RESORTS REPORTS FIRST QUARTER NET REVENUE OF $440.2 MILLION, OPERATING INCOME OF $54.2 MILLION AND ADJUSTED EBITDA OF $103.5 MILLION

Whalerock Point Partners Llc increased People’s United Financial Inc (PBCT) stake by 41.4% reported in 2018Q1 SEC filing. Whalerock Point Partners Llc acquired 22,964 shares as People’s United Financial Inc (PBCT)’s stock declined 4.87%. The Whalerock Point Partners Llc holds 78,431 shares with $1.46M value, up from 55,467 last quarter. People’s United Financial Inc now has $6.27B valuation. The stock decreased 0.54% or $0.1 during the last trading session, reaching $18.38. About 2.07M shares traded. People's United Financial, Inc. (NASDAQ:PBCT) has risen 11.34% since June 27, 2017 and is uptrending. It has underperformed by 1.23% the S&P500. Some Historical PBCT News: 19/04/2018 – PEOPLE’S UNITED FINANCIAL INC PBCT.O SETS QUARTERLY DIVIDEND OF $0.175/SHR; 19/04/2018 – Am Banker [Reg]: Acquisitions drive loan, profit gains at People’s United; 22/03/2018 – PEOPLE’S UNITED FINANCIAL INC PBCT.O : UBS STARTS WITH NEUTRAL RATING: TARGET PRICE $21; 19/04/2018 – PEOPLE’S UNITED BOOSTS QTR DIV TO 17.5C FROM 17.25C, EST. 17.5C; 04/05/2018 – PEOPLE’S UNITED FINL NAMES JEFF TENGEL PRESIDENT; 19/04/2018 – People’s United Financial 1Q Rev $386.2M; 19/04/2018 – People’s United Financial 1Q Net Interest Income $295.8M; 18/04/2018 – People’s United Closes Below 200-Day Moving Average; 20/04/2018 – DJ People’s United Financial Inc, Inst Holders, 1Q 2018 (PBCT); 22/03/2018 – People’s United Closes Below 50-Day Moving Average: Technicals

More recent People's United Financial, Inc. (NASDAQ:PBCT) news were published by: Seekingalpha.com which released: “People’s United Financial to buy First Connecticut in $544M stock deal” on June 19, 2018. Also Prnewswire.com published the news titled: “People’s United Financial, Inc. Names Jack Barnes Chairman of the Board, and George Carter Lead Director” on June 26, 2018. Fool.com‘s news article titled: “Why First Connecticut Bancorp Inc. Stock Is Soaring Today” with publication date: June 19, 2018 was also an interesting one.

Since January 22, 2018, it had 0 buys, and 10 sales for $3.21 million activity. 5,715 shares were sold by Powlus Lee C, worth $113,100 on Thursday, February 1. The insider Daukas Galan G sold $109,995. 6,500 shares were sold by RICHARDS MARK W, worth $128,960 on Monday, January 22. Carter George P also sold $147,825 worth of People's United Financial, Inc. (NASDAQ:PBCT) shares. Shares for $595,740 were sold by Trautmann Robert E. Shares for $85,617 were sold by Franklin Jerry. BARNES JOHN P sold $420,200 worth of People's United Financial, Inc. (NASDAQ:PBCT) on Tuesday, February 13.

Among 12 analysts covering People’s United Financial Inc (NASDAQ:PBCT), 3 have Buy rating, 1 Sell and 8 Hold. Therefore 25% are positive. People’s United Financial Inc has $23.0 highest and $14 lowest target. $18.75’s average target is 2.01% above currents $18.38 stock price. People’s United Financial Inc had 33 analyst reports since July 20, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Piper Jaffray given on Monday, January 25. The stock has “Underweight” rating by Morgan Stanley on Tuesday, April 5. Jefferies maintained the stock with “Hold” rating in Thursday, August 17 report. JP Morgan reinitiated the stock with “Neutral” rating in Thursday, January 5 report. The stock of People's United Financial, Inc. (NASDAQ:PBCT) earned “Hold” rating by Jefferies on Friday, September 22. The stock has “Hold” rating by Keefe Bruyette & Woods on Thursday, June 8. Keefe Bruyette & Woods maintained People's United Financial, Inc. (NASDAQ:PBCT) rating on Thursday, April 19. Keefe Bruyette & Woods has “Hold” rating and $21.5000 target. Piper Jaffray upgraded People's United Financial, Inc. (NASDAQ:PBCT) on Wednesday, June 29 to “Neutral” rating. On Friday, December 2 the stock rating was downgraded by Sandler O’Neill to “Sell”. Keefe Bruyette & Woods upgraded it to “Buy” rating and $21.5000 target in Tuesday, June 19 report.

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 PBCT 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. Horizon Invs has invested 0.03% of its portfolio in People's United Financial, Inc. (NASDAQ:PBCT). Mycio Wealth Limited Liability invested in 113,495 shares. Richard Bernstein Ltd Company, New York-based fund reported 85,790 shares. Flippin Bruce And Porter holds 1.21% of its portfolio in People's United Financial, Inc. (NASDAQ:PBCT) for 302,058 shares. Meiji Yasuda Asset Mngmt, a Japan-based fund reported 48,000 shares. Pinebridge Invests LP holds 409 shares. Meeder Asset Mgmt reported 47,616 shares or 0.08% of all its holdings. Tci Wealth Advsr holds 0% or 190 shares. 102,175 are held by State Treasurer State Of Michigan. Ameriprise Fin holds 0% of its portfolio in People's United Financial, Inc. (NASDAQ:PBCT) for 237,824 shares. Knott David M accumulated 1,500 shares or 0.01% of the stock. Cambridge Investment Advsrs invested in 124,474 shares. Ameritas Inv Ptnrs has 81,201 shares. First Manhattan owns 18,094 shares for 0% of their portfolio. British Columbia Investment has 0.03% invested in People's United Financial, Inc. (NASDAQ:PBCT) for 208,847 shares.

More recent Eldorado Resorts, Inc. (NYSEARCA:ERI) news were published by: Seekingalpha.com which released: “Sports betting by the numbers” on June 19, 2018. Also Seekingalpha.com published the news titled: “US Regionals: Our Quick Picks For The Best Of Breed Now” on June 26, 2018. Seekingalpha.com‘s news article titled: “Sports betting roundup: DC shoulders in, Mississippi gears up” with publication date: June 20, 2018 was also an interesting one.

Navellier & Associates Inc decreased Monolithic Power Systems Inc. (NASDAQ:MPWR) stake by 3,712 shares to 5,636 valued at $653,000 in 2018Q1. It also reduced Idexx Laboratories Inc. (NASDAQ:IDXX) stake by 7,443 shares and now owns 15,902 shares. Arista Networks Inc. (NYSE:ANET) was reduced too.

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