Mark Richards Insider Trade for 4,000 Shares of People's United Financial, Inc. (PBCT); Aci Worldwide Has 1.29 Sentiment

May 17, 2018 - By Shannon Black

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

Aci Worldwide Inc (ACIW) investors sentiment decreased to 1.29 in Q4 2017. It’s down -0.49, from 1.78 in 2017Q3. The ratio dropped, as 93 hedge funds increased and started new equity positions, while 72 sold and decreased positions in Aci Worldwide Inc. The hedge funds in our database reported: 116.79 million shares, down from 118.75 million shares in 2017Q3. Also, the number of hedge funds holding Aci Worldwide Inc in top ten equity positions decreased from 3 to 2 for a decrease of 1. Sold All: 11 Reduced: 61 Increased: 69 New Position: 24.

Analysts await People's United Financial, Inc. (NASDAQ:PBCT) to report earnings on July, 19. They expect $0.31 earnings per share, up 29.17% or $0.07 from last year’s $0.24 per share. PBCT’s profit will be $105.71 million for 15.15 P/E if the $0.31 EPS becomes a reality. After $0.30 actual earnings per share reported by People's United Financial, Inc. for the previous quarter, Wall Street now forecasts 3.33% EPS growth.

Another recent and important People's United Financial, Inc. (NASDAQ:PBCT) news was published by Nasdaq.com which published an article titled: “Consolidated Research: 2018 Summary Expectations for ONEOK, People’s United Financial, Spirit Realty Capital ..” on May 08, 2018.

Insider transaction totalling nearly $74,854 U.S. Dollars was disclosed online in a legal report submitted to the D.C. based-SEC on May 17, 2018. According to which, Mark Richards, the shareholder of People’s United Financial Inc also an insider of the firm had sold precisely 4,000 shares – ( at $18.7 per share ). The regulatory filing shows that Mark Richards now has rights to around 0.00% of the Connecticut-based company’s market cap (total dollar market value of all company’s outstanding shares)

People's United Financial, Inc

The stock increased 0.11% or $0.02 during the last trading session, reaching $18.78. About 462,988 shares traded. People's United Financial, Inc. (NASDAQ:PBCT) has risen 2.46% since May 17, 2017 and is uptrending. It has underperformed by 9.09% the S&P500.

Since January 22, 2018, it had 0 insider buys, and 8 selling transactions for $2.95 million activity. 22,000 People's United Financial, Inc. (NASDAQ:PBCT) shares with value of $420,200 were sold by BARNES JOHN P. Franklin Jerry sold $85,617 worth of stock. Daukas Galan G also sold $109,995 worth of People's United Financial, Inc. (NASDAQ:PBCT) shares. Carter George P sold $147,825 worth of stock or 7,500 shares. Powlus Lee C sold 5,715 shares worth $113,100. $595,740 worth of People's United Financial, Inc. (NASDAQ:PBCT) was sold by Trautmann Robert E. RICHARDS MARK W also sold $128,960 worth of People's United Financial, Inc. (NASDAQ:PBCT) shares.

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 has $23.0 highest and $14 lowest target. $18.75’s average target is -0.16% below currents $18.78 stock price. People’s United Financial Inc had 32 analyst reports since July 20, 2015 according to SRatingsIntel. The rating was maintained by Piper Jaffray on Thursday, October 19 with “Sell”. The rating was downgraded by PiperJaffray to “Underweight” on Wednesday, November 16. PiperJaffray upgraded the stock to “Neutral” rating in Friday, April 20 report. The stock has “Equal-Weight” rating by Morgan Stanley on Friday, April 20. The stock has “Hold” rating by Keefe Bruyette & Woods on Thursday, June 8. The rating was downgraded by Sandler O’Neill on Friday, December 2 to “Sell”. The rating was initiated by Wells Fargo with “Market Perform” on Friday, January 6. The stock of People's United Financial, Inc. (NASDAQ:PBCT) has “Buy” rating given on Thursday, April 19 by Sandler O’Neill. The firm earned “Hold” rating on Friday, September 22 by Jefferies. FBR Capital upgraded People's United Financial, Inc. (NASDAQ:PBCT) on Tuesday, December 20 to “Mkt Perform” rating.

Investors sentiment increased to 1.32 in Q4 2017. Its up 0.02, from 1.3 in 2017Q3. It increased, as 22 investors sold People's United Financial, Inc. shares while 117 reduced holdings. 59 funds opened positions while 125 raised stakes. 255.33 million shares or 0.80% more from 253.31 million shares in 2017Q3 were reported. Royal Comml Bank Of Canada reported 0.01% stake. Meeder Asset Management, a Ohio-based fund reported 41,613 shares. Schwab Charles Invest Inc reported 0.03% stake. Moreover, Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment Mgmt has 0.12% invested in People's United Financial, Inc. (NASDAQ:PBCT) for 727,300 shares. Hsbc Hldgs Public Limited Company accumulated 291,574 shares. Davenport & Co Limited Liability Com accumulated 27,544 shares. 20,797 were reported by Westpac. Portfolio Solutions Limited Liability holds 0% or 329 shares. Suntrust Banks Inc invested 0.02% in People's United Financial, Inc. (NASDAQ:PBCT). Private Advisor Grp Limited Liability Corp invested in 18,187 shares or 0.01% of the stock. Teacher Retirement Systems Of Texas has 623,440 shares. Bbva Compass Savings Bank reported 0.01% in People's United Financial, Inc. (NASDAQ:PBCT). Glg Prns L P holds 0.01% in People's United Financial, Inc. (NASDAQ:PBCT) or 10,401 shares. Clinton Group stated it has 45,692 shares. Texas Yale Cap holds 0.07% or 45,000 shares in its portfolio.

Analysts await ACI Worldwide, Inc. (NASDAQ:ACIW) to report earnings on July, 26. They expect $-0.08 EPS, down 500.00% or $0.10 from last year’s $0.02 per share. After $-0.17 actual EPS reported by ACI Worldwide, Inc. for the previous quarter, Wall Street now forecasts -52.94% EPS growth.

ACI Worldwide, Inc., together with its subsidiaries, develops, markets, installs, and supports software services and products for facilitating electronic payments to financial institutions and intermediaries, merchants, and billers worldwide. The company has market cap of $2.75 billion. The firm offers UP Retail Payments solution, which integrates UP BASE24-eps and UP Framework products enabling financial institutions to accept switch payment transactions; and UP Immediate Payments solution that integrates UP BASE24-eps and UP Framework products configured to connect to country-level real-time payment schemes and create differentiated products. It has a 591 P/E ratio. It also provides UP Transaction Banking solutions, including Universal Online Banker, an online payments portal; Money Transfer System, a global payments engine.

Since January 1, 0001, it had 0 buys, and 5 insider sales for $6.33 million activity.

P2 Capital Partners Llc holds 8.02% of its portfolio in ACI Worldwide, Inc. for 3.00 million shares. Cardinal Capital Management Llc Ct owns 3.53 million shares or 3.14% of their US portfolio. Moreover, Brown Capital Management Llc has 2.57% invested in the company for 9.34 million shares. The New York-based Corsair Capital Management L.P. has invested 2.46% in the stock. Conestoga Capital Advisors Llc, a Pennsylvania-based fund reported 2.15 million shares.

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