Shares of Provident Financial Holdings, Inc. (NASDAQ:PROV) have received a consensus rating of “Hold” from the nine brokerages that are covering the firm. Six equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $19.00.

Several equities analysts have weighed in on the stock. Numis Securities Ltd reaffirmed a “hold” rating on shares of Provident Financial Holdings in a report on Saturday, October 15th. Panmure Gordon reaffirmed a “hold” rating on shares of Provident Financial Holdings in a report on Saturday, October 15th. Finally, TheStreet downgraded shares of Provident Financial Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, November 15th.

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In other news, insider David Weiant sold 2,909 shares of Provident Financial Holdings stock in a transaction that occurred on Thursday, November 3rd. The shares were sold at an average price of $19.01, for a total transaction of $55,300.09. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Lilian Brunner-Salter sold 9,000 shares of Provident Financial Holdings stock in a transaction that occurred on Thursday, October 27th. The shares were sold at an average price of $18.94, for a total transaction of $170,460.00. The disclosure for this sale can be found here. Company insiders own 15.71% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the stock. O Shaughnessy Asset Management LLC boosted its stake in Provident Financial Holdings by 753.8% in the second quarter. O Shaughnessy Asset Management LLC now owns 7,855 shares of the company’s stock valued at $144,000 after buying an additional 6,935 shares during the last quarter. Teachers Advisors Inc. bought a new stake in Provident Financial Holdings during the second quarter valued at about $188,000. Nationwide Fund Advisors boosted its stake in Provident Financial Holdings by 754.3% in the second quarter. Nationwide Fund Advisors now owns 10,251 shares of the company’s stock valued at $188,000 after buying an additional 9,051 shares during the last quarter. Schwab Charles Investment Management Inc. bought a new stake in Provident Financial Holdings during the second quarter valued at about $219,000. Finally, Parametric Portfolio Associates LLC bought a new stake in Provident Financial Holdings during the second quarter valued at about $241,000. Hedge funds and other institutional investors own 59.59% of the company’s stock.

Shares of Provident Financial Holdings (NASDAQ:PROV) opened at 19.11 on Wednesday. Provident Financial Holdings has a 52 week low of $16.73 and a 52 week high of $20.66. The stock has a 50 day moving average of $20.07 and a 200-day moving average of $19.38. The stock has a market cap of $152.67 million, a PE ratio of 23.95 and a beta of 0.15.

Provident Financial Holdings (NASDAQ:PROV) last posted its quarterly earnings data on Tuesday, October 25th. The company reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by $0.06. The business earned $18.34 million during the quarter, compared to analysts’ expectations of $19.26 million. Provident Financial Holdings had a return on equity of 4.91% and a net margin of 8.70%. The business’s quarterly revenue was down 1.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.28 EPS. Equities research analysts predict that Provident Financial Holdings will post $1.09 earnings per share for the current fiscal year.

Provident Financial Holdings Company Profile

Provident Financial Holdings, Inc is the holding company of Provident Savings Bank, F.S.B. (the Bank). The Bank is a federally chartered stock savings bank. The Company operates through two segments: Provident Bank and Provident Bank Mortgage (PBM). The Bank’s operations primarily consist of accepting deposits from customers within the communities surrounding the Bank’s full service offices and investing those funds in single-family loans, multi-family loans, commercial real estate loans, construction loans, commercial business loans, consumer loans and other mortgage loans.

5 Day Chart for NASDAQ:PROV

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