People’s Utah Bancorp (NASDAQ:PUB) Director Jr. Fred W. Fairclough sold 2,000 shares of the company’s stock in a transaction dated Wednesday, November 8th. The stock was sold at an average price of $32.54, for a total value of $65,080.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Shares of People’s Utah Bancorp (NASDAQ PUB) traded down $0.05 during trading on Monday, hitting $29.95. The stock had a trading volume of 14,300 shares, compared to its average volume of 26,686. The company has a market cap of $539.87, a price-to-earnings ratio of 20.80, a PEG ratio of 2.61 and a beta of 1.00. People’s Utah Bancorp has a 12-month low of $19.75 and a 12-month high of $33.60.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 13th. Stockholders of record on Monday, November 6th will be given a dividend of $0.09 per share. The ex-dividend date of this dividend is Friday, November 3rd. This represents a $0.36 annualized dividend and a dividend yield of 1.20%. People’s Utah Bancorp’s dividend payout ratio (DPR) is presently 25.53%.

TRADEMARK VIOLATION NOTICE: “People’s Utah Bancorp (PUB) Director Sells $65,080.00 in Stock” was originally posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this report on another website, it was copied illegally and republished in violation of U.S. & international copyright & trademark legislation. The legal version of this report can be read at https://www.thecerbatgem.com/2017/11/13/peoples-utah-bancorp-pub-director-sells-65080-00-in-stock.html.

Several brokerages have recently commented on PUB. Zacks Investment Research lowered People’s Utah Bancorp from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 28th. ValuEngine lowered People’s Utah Bancorp from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. Finally, BidaskClub lowered People’s Utah Bancorp from a “buy” rating to a “hold” rating in a research report on Tuesday, November 7th.

Several institutional investors have recently made changes to their positions in the company. American International Group Inc. increased its position in shares of People’s Utah Bancorp by 7.1% during the 1st quarter. American International Group Inc. now owns 8,003 shares of the bank’s stock valued at $212,000 after purchasing an additional 533 shares during the last quarter. TIAA CREF Investment Management LLC increased its position in shares of People’s Utah Bancorp by 1.6% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 36,302 shares of the bank’s stock valued at $973,000 after purchasing an additional 558 shares during the last quarter. Rhumbline Advisers increased its position in shares of People’s Utah Bancorp by 6.5% during the 2nd quarter. Rhumbline Advisers now owns 15,041 shares of the bank’s stock valued at $403,000 after purchasing an additional 915 shares during the last quarter. Teachers Advisors LLC increased its position in shares of People’s Utah Bancorp by 4.5% during the 2nd quarter. Teachers Advisors LLC now owns 22,703 shares of the bank’s stock valued at $608,000 after purchasing an additional 987 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its position in shares of People’s Utah Bancorp by 10.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 12,135 shares of the bank’s stock valued at $326,000 after purchasing an additional 1,156 shares during the last quarter. Hedge funds and other institutional investors own 31.15% of the company’s stock.

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)

Receive News & Stock Ratings for People's Utah Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for People's Utah Bancorp and related stocks with our FREE daily email newsletter.