People’s Utah Bancorp (NASDAQ:PUB) Director Jr. Fred W. Fairclough sold 1,700 shares of People’s Utah Bancorp stock in a transaction that occurred on Wednesday, September 20th. The shares were sold at an average price of $29.97, for a total transaction of $50,949.00. Following the completion of the transaction, the director now owns 87,676 shares of the company’s stock, valued at $2,627,649.72. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

People’s Utah Bancorp (NASDAQ:PUB) last posted its earnings results on Friday, July 28th. The bank reported $0.35 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.34 by $0.01. The company had revenue of $23.33 million during the quarter, compared to analysts’ expectations of $22.80 million. People’s Utah Bancorp had a net margin of 27.79% and a return on equity of 11.13%.

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Several research analysts have commented on PUB shares. ValuEngine raised shares of People’s Utah Bancorp from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. BidaskClub raised shares of People’s Utah Bancorp from a “strong sell” rating to a “sell” rating in a report on Monday, July 31st. Finally, TheStreet raised shares of People’s Utah Bancorp from a “c” rating to a “b-” rating in a report on Monday, June 12th.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. The Manufacturers Life Insurance Company grew its stake in People’s Utah Bancorp by 10.5% during the second quarter. The Manufacturers Life Insurance Company now owns 12,135 shares of the bank’s stock valued at $326,000 after acquiring an additional 1,156 shares in the last quarter. State Street Corp grew its stake in People’s Utah Bancorp by 14.4% during the second quarter. State Street Corp now owns 225,316 shares of the bank’s stock valued at $6,036,000 after acquiring an additional 28,411 shares in the last quarter. OxFORD Asset Management LLP purchased a new position in People’s Utah Bancorp during the second quarter valued at $264,000. Dimensional Fund Advisors LP grew its stake in People’s Utah Bancorp by 42.9% during the second quarter. Dimensional Fund Advisors LP now owns 129,708 shares of the bank’s stock valued at $3,476,000 after acquiring an additional 38,923 shares in the last quarter. Finally, Vanguard Group Inc. grew its stake in People’s Utah Bancorp by 2.8% during the second quarter. Vanguard Group Inc. now owns 566,888 shares of the bank’s stock valued at $15,193,000 after acquiring an additional 15,655 shares in the last quarter. 31.14% of the stock is owned by institutional investors.

People’s Utah Bancorp Company Profile

People’s Utah Bancorp is a bank holding company. As of December 31, 2016, the Company had 18 retail banking locations, two residential mortgage offices and other support facilities operated through its banking subsidiary, People’s Intermountain Bank (PIB or the Bank). The Company provides full-service retail banking in the state of Utah, including a range of banking and related services to locally owned businesses, professional firms, real-estate developers, residential home builders, high net-worth individuals, investors and other customers.

Insider Buying and Selling by Quarter for People`s Utah Bancorp (NASDAQ:PUB)

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