Liberum Capital Reconfirms Rolls-Royce Group PLC (LON:RR) As Hold; Has TP Of GBX 875.00; Credit Suisse Ag Decreased Its Provident Finl Svcs (PFS) Position

Rolls-Royce Holdings plc (LON:RR) Logo

Credit Suisse Ag decreased Provident Finl Svcs Inc (PFS) stake by 18.4% reported in 2017Q4 SEC filing. Credit Suisse Ag sold 20,805 shares as Provident Finl Svcs Inc (PFS)’s stock declined 7.46%. The Credit Suisse Ag holds 92,246 shares with $2.49M value, down from 113,051 last quarter. Provident Finl Svcs Inc now has $1.65B valuation. The stock decreased 1.81% or $0.47 during the last trading session, reaching $25.44. About 113,313 shares traded. Provident Financial Services, Inc. (NYSE:PFS) has risen 2.15% since April 9, 2017 and is uptrending. It has underperformed by 9.40% the S&P500.

London: In a note shared with investors and clients on 9 April, Liberum Capital restate their Hold rating on shares of Rolls-Royce Group PLC (LON:RR). They currently have a GBX 875.00 PT on the company. Liberum Capital’s target would suggest a potential downside of -1.00% from the company’s close price.

Rolls-Royce Holdings plc, an engineering company, develops, makes, markets, and sells power and propulsion systems in the United Kingdom and internationally. The company has market cap of 16.32 billion GBP. The firm operates through Civil Aerospace, Defence Aerospace, Power Systems, Marine, and Nuclear divisions. It has a 3.86 P/E ratio. The Civil Aerospace segment provides commercial aero engines, such as airlines, business aviation, and helicopter engines for various sectors of the airline and corporate jet markets, as well as aftermarket services.

The stock increased 1.73% or GBX 15 during the last trading session, reaching GBX 883. About 749,505 shares traded. Rolls-Royce Holdings plc (LON:RR) has 0.00% since April 9, 2017 and is . It has underperformed by 11.55% the S&P500.

Among 27 analysts covering Rolls-Royce Group PLC (LON:RR), 6 have Buy rating, 7 Sell and 14 Hold. Therefore 22% are positive. Rolls-Royce Group PLC has GBX 1262 highest and GBX 395 lowest target. GBX 775.33’s average target is -12.19% below currents GBX 883 stock price. Rolls-Royce Group PLC had 266 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of Rolls-Royce Holdings plc (LON:RR) earned “Underweight” rating by Barclays Capital on Thursday, October 20. JP Morgan maintained the shares of RR in report on Tuesday, December 15 with “Underweight” rating. Liberum Capital maintained the stock with “Hold” rating in Tuesday, August 1 report. Jefferies maintained Rolls-Royce Holdings plc (LON:RR) rating on Thursday, March 3. Jefferies has “Buy” rating and GBX 800 target. The stock of Rolls-Royce Holdings plc (LON:RR) earned “Buy” rating by Jefferies on Tuesday, January 17. As per Wednesday, October 7, the company rating was maintained by Deutsche Bank. The stock has “Hold” rating by Liberum Capital on Thursday, May 5. Barclays Capital maintained Rolls-Royce Holdings plc (LON:RR) rating on Wednesday, February 15. Barclays Capital has “Underweight” rating and GBX 480 target. The rating was maintained by AlphaValue on Thursday, December 31 with “Reduce”. As per Thursday, January 21, the company rating was maintained by Haitong Securities.

Credit Suisse Ag increased Triton Intl Ltd stake by 106,746 shares to 207,134 valued at $7.76M in 2017Q4. It also upped Altaba Inc (Call) stake by 30,000 shares and now owns 200,000 shares. Edison Intl (NYSE:EIX) was raised too.

Among 8 analysts covering Provident Financial Services (NYSE:PFS), 2 have Buy rating, 0 Sell and 6 Hold. Therefore 25% are positive. Provident Financial Services has $30.5 highest and $20 lowest target. $26.57’s average target is 4.44% above currents $25.44 stock price. Provident Financial Services had 23 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Buy” rating by RBC Capital Markets given on Friday, July 7. The stock of Provident Financial Services, Inc. (NYSE:PFS) earned “Hold” rating by Zacks on Friday, August 14. The firm earned “Neutral” rating on Friday, July 31 by Boenning & Scattergood. On Monday, February 26 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The rating was downgraded by Piper Jaffray on Tuesday, November 10 to “Neutral”. On Thursday, November 30 the stock rating was downgraded by Sandler O’Neill to “Hold”. The company was maintained on Sunday, January 28 by Keefe Bruyette & Woods. On Tuesday, September 13 the stock rating was downgraded by Sandler O’Neill to “Hold”. The firm has “Buy” rating given on Friday, October 27 by RBC Capital Markets. The firm has “Outperform” rating by RBC Capital Markets given on Monday, August 3.

Investors sentiment increased to 1.51 in 2017 Q4. Its up 0.54, from 0.97 in 2017Q3. It is positive, as 15 investors sold PFS shares while 36 reduced holdings. 18 funds opened positions while 59 raised stakes. 40.36 million shares or 1.82% more from 39.64 million shares in 2017Q3 were reported. Renaissance Technologies Limited Liability Com reported 0.03% of its portfolio in Provident Financial Services, Inc. (NYSE:PFS). The Arizona-based Arizona State Retirement Sys has invested 0.03% in Provident Financial Services, Inc. (NYSE:PFS). Envestnet Asset holds 0% of its portfolio in Provident Financial Services, Inc. (NYSE:PFS) for 380 shares. Pnc Fincl Serv reported 0% in Provident Financial Services, Inc. (NYSE:PFS). Illinois-based Northern has invested 0.02% in Provident Financial Services, Inc. (NYSE:PFS). Parametric owns 169,366 shares. Jacobs Levy Equity invested in 26,098 shares or 0.01% of the stock. Parkside Financial Bank Trust holds 49 shares or 0% of its portfolio. New York-based Metropolitan Life Ins Ny has invested 0.01% in Provident Financial Services, Inc. (NYSE:PFS). 197,682 were reported by Morgan Stanley. Jennison Associates Ltd Company accumulated 72,941 shares or 0% of the stock. Creative Planning holds 0.01% of its portfolio in Provident Financial Services, Inc. (NYSE:PFS) for 52,136 shares. Stone Ridge Asset Mgmt Ltd Liability Com has invested 0.03% in Provident Financial Services, Inc. (NYSE:PFS). The Louisiana-based Louisiana State Employees Retirement has invested 0.03% in Provident Financial Services, Inc. (NYSE:PFS). Aqr Ltd Company stated it has 18,662 shares or 0% of all its holdings.

Since March 2, 2018, it had 0 insider purchases, and 2 sales for $431,562 activity. ODONNELL EDWARD had sold 5,000 shares worth $127,000 on Friday, March 2.

Provident Financial Services, Inc. (NYSE:PFS) Institutional Positions Chart