David F. Dierker Sells 1,000 Shares of Peoples Bancorp Inc. (NASDAQ:PEBO) Stock

Peoples Bancorp Inc. (NASDAQ:PEBO) Director David F. Dierker sold 1,000 shares of the business’s stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of $30.36, for a total transaction of $30,360.00. Following the sale, the director now directly owns 10,330 shares in the company, valued at $313,618.80. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Peoples Bancorp Trading Down 1.3 %

Shares of NASDAQ:PEBO opened at $29.86 on Wednesday. The company’s 50-day moving average price is $31.23 and its two-hundred day moving average price is $29.82. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.82 and a quick ratio of 0.82. Peoples Bancorp Inc. has a one year low of $24.84 and a one year high of $34.85. The stock has a market capitalization of $1.06 billion, a PE ratio of 8.94 and a beta of 0.75.

Peoples Bancorp (NASDAQ:PEBO) last issued its earnings results on Tuesday, July 23rd. The bank reported $0.84 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.01). The firm had revenue of $154.47 million during the quarter, compared to the consensus estimate of $111.30 million. Peoples Bancorp had a net margin of 20.58% and a return on equity of 12.76%. During the same period in the previous year, the company posted $0.83 earnings per share. On average, equities analysts forecast that Peoples Bancorp Inc. will post 3.28 EPS for the current fiscal year.

Peoples Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, August 19th. Stockholders of record on Monday, August 5th were issued a $0.40 dividend. The ex-dividend date of this dividend was Monday, August 5th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 5.36%. Peoples Bancorp’s payout ratio is 47.90%.

Institutional Investors Weigh In On Peoples Bancorp

Institutional investors and hedge funds have recently modified their holdings of the company. nVerses Capital LLC bought a new position in Peoples Bancorp in the 2nd quarter valued at about $27,000. Innealta Capital LLC bought a new position in Peoples Bancorp in the 2nd quarter valued at about $46,000. Quest Partners LLC raised its holdings in Peoples Bancorp by 20,273.3% in the 2nd quarter. Quest Partners LLC now owns 3,056 shares of the bank’s stock valued at $92,000 after acquiring an additional 3,041 shares during the period. Future Financial Wealth Managment LLC bought a new position in Peoples Bancorp in the 1st quarter valued at about $118,000. Finally, EntryPoint Capital LLC bought a new position in Peoples Bancorp in the 1st quarter valued at about $129,000. 60.68% of the stock is owned by institutional investors.

Peoples Bancorp Company Profile

Peoples Bancorp Inc operates as the holding company for Peoples Bank that provides commercial and consumer banking products and services. The company accepts various deposit products, including demand deposit accounts, savings accounts, money market accounts, certificates of deposit, and governmental deposits; and provides commercial and industrial, commercial real estate, construction, finance, residential real estate, and consumer indirect and direct loans, as well as home equity lines of credit and overdrafts.