Provident Financial Services Inc. (NYSE:PFS) shares hit a new 52-week high on Thursday . The stock traded as high as $21.23 and last traded at $21.22, with a volume of 129,578 shares traded. The stock had previously closed at $21.07.

Separately, Zacks Investment Research upgraded Provident Financial Services from a “sell” rating to a “hold” rating in a research note on Thursday, May 26th.

The firm has a market cap of $1.35 billion and a PE ratio of 15.92. The firm has a 50-day moving average of $20.40 and a 200 day moving average of $19.84.

Provident Financial Services (NYSE:PFS) last released its quarterly earnings data on Friday, July 29th. The company reported $0.34 EPS for the quarter, meeting analysts’ consensus estimates of $0.34. The business earned $77.73 million during the quarter, compared to analyst estimates of $70.14 million. The company’s revenue was down 1.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.35 earnings per share. Analysts predict that Provident Financial Services Inc. will post $1.36 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 31st. Shareholders of record on Monday, August 15th will be paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 3.39%. The ex-dividend date is Thursday, August 11th.

In other Provident Financial Services news, SVP James A. Christy sold 10,688 shares of the company’s stock in a transaction on Tuesday, August 23rd. The stock was sold at an average price of $21.03, for a total transaction of $224,768.64. Following the transaction, the senior vice president now directly owns 30,552 shares in the company, valued at $642,508.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Donald W. Blum sold 10,000 shares of the company’s stock in a transaction on Friday, August 5th. The stock was sold at an average price of $20.68, for a total value of $206,800.00. Following the transaction, the executive vice president now owns 73,698 shares in the company, valued at $1,524,074.64. The disclosure for this sale can be found here.

Provident Financial Services Inc is a holding company 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with's FREE daily email newsletter.