Deutsche Bank AG Takes $3.25 Million Position in Provident Financial Holdings, Inc. $PROV

Posted by Geri Gentry on Aug 27th, 2026

Deutsche Bank AG acquired a new position in shares of Provident Financial Holdings, Inc. (NASDAQ:PROV – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 137,525 shares of the financial services provider’s stock, valued at approximately $3,251,000.

Several other institutional investors have also recently modified their holdings of the stock. Bank of New York Mellon Corp purchased a new stake in Provident Financial in the 2nd quarter valued at approximately $190,000. Perigon Wealth Management LLC purchased a new position in Provident Financial during the second quarter worth $342,000. Susquehanna International Group LLP acquired a new position in shares of Provident Financial in the third quarter worth $273,000. Empowered Funds LLC raised its holdings in shares of Provident Financial by 7.9% in the first quarter. Empowered Funds LLC now owns 29,084 shares of the financial services provider’s stock worth $424,000 after acquiring an additional 2,120 shares during the last quarter. Finally, Federated Hermes Inc. lifted its position in shares of Provident Financial by 13.2% in the fourth quarter. Federated Hermes Inc. now owns 29,657 shares of the financial services provider’s stock valued at $472,000 after acquiring an additional 3,459 shares in the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently commented on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Provident Financial in a research note on Friday, July 17th. Zacks Research raised shares of Provident Financial to a “hold” rating in a research note on Monday, June 29th. Finally, Piper Sandler upped their target price on shares of Provident Financial from $17.00 to $18.00 and gave the company a “neutral” rating in a report on Monday, August 3rd. Three research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Provident Financial currently has a consensus rating of “Hold” and a consensus target price of $18.00.

Check Out Our Latest Analysis on Provident Financial

Insider Transactions at Provident Financial

In other Provident Financial news, SVP David Weiant sold 2,732 shares of the business’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $17.12, for a total transaction of $46,771.84. Following the completion of the sale, the senior vice president owned 6,175 shares of the company’s stock, valued at approximately $105,716. The trade was a 30.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold a total of 4,744 shares of company stock worth $81,076 over the last ninety days. 11.49% of the stock is currently owned by insiders.

Provident Financial Stock Performance

NASDAQ:PROV opened at $18.34 on Thursday. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.45. The company has a market cap of $114.62 million, a P/E ratio of 17.81 and a beta of 0.33. Provident Financial Holdings, Inc. has a fifty-two week low of $14.95 and a fifty-two week high of $18.50. The firm’s 50 day moving average is $17.51 and its two-hundred day moving average is $16.93.

Provident Financial (NASDAQ:PROV – Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The financial services provider reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.06. The company had revenue of $15.22 million during the quarter, compared to analysts’ expectations of $10.00 million. Provident Financial had a net margin of 11.16% and a return on equity of 5.22%. Analysts expect that Provident Financial Holdings, Inc. will post 1.22 EPS for the current year.

Provident Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 13th will be issued a $0.14 dividend. The ex-dividend date is Thursday, August 13th. This represents a $0.56 dividend on an annualized basis and a yield of 3.1%. Provident Financial’s dividend payout ratio (DPR) is presently 54.37%.

Provident Financial Company Profile

(Free Report)

Provident Financial Services, Inc (NASDAQ: PROV) is a bank holding company headquartered in Jersey City, New Jersey, that conducts its operations through its wholly owned subsidiary, Provident Bank. With origins dating back to 1839, the company has grown into a full-service financial institution offering a broad spectrum of products and services to individuals, small businesses and commercial clients.

The company’s principal business activities include retail banking, commercial lending, mortgage finance and wealth management.