People’s United Financial Shares Bought By These Institutions in Q3

Insiders are generally long-term investors due to restriction in making short-term profits. In contrast, wealth management institutions always have short-term investment. Wall St. Watchdog reveals information regarding the insiders and institutions which recently increased stock shares of People’s United Financial Inc. (NASDAQ:PBCT).

SEC data indicate that no insiders have bought People’s United Financial Inc.’s stock since 06/30/2011.

SEC data indicate that these institutions significantly increased their stock shares of People’s United Financial Inc. in Q3 2011:

  • MORGAN STANLEY: On 06/30/2011, held 0 shares. On 09/30/2011, held 4,287,450 shares, worth $48,276,687.
  • DALTON GREINER HARTMAN MAHER & CO: On 06/30/2011, held 0 shares. On 09/30/2011, held 1,327,421 shares, worth $14,946,760.
  • ALYESKA INVESTMENT GROUP, L.P.: On 06/30/2011, held 0 shares. On 09/30/2011, held 883,997 shares, worth $9,953,806.
  • DENALI ADVISORS LLC: On 06/30/2011, held 0 shares. On 09/30/2011, held 252,500 shares, worth $2,843,150.
  • JENNISON ASSOCIATES LLC: On 06/30/2011, held 0 shares. On 09/30/2011, held 251,384 shares, worth $2,830,584.

About the company: People’s United Financial Inc. is a bank holding company. The Company, through its banking subsidiary, offers a full range of financial services to individual, corporate, and municipal customers primarily in Connecticut. The Bank issues credit cards and provides brokerage and investment planning, asset management, equipment leasing, and insurance services.

Competitors to Watch: Northeast Bancorp/ME (NASDAQ:NBN), Naugatuck Valley Financial Corp. (NASDAQ:NVSL), Berkshire Hills Bancorp, Inc. (NASDAQ:BHLB), New Hampshire Thrift Bancshares, Inc. (NASDAQ:NHTB), Brookline Bancorp, Inc. (NASDAQ:BRKL), NewAlliance Bancshares, Inc. (NYSE:NAL), SI Financial Group, Inc. (NASDAQ:SIFID), Oneida Financial Corp. (NASDAQ:ONFC), and Westfield Financial, Inc. (NASDAQ:WFD).

(Note: Data regarding People’s United Financial Inc.’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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