Shares of Pacific Continental Corporation (Ore) (NASDAQ:PCBK) have earned an average recommendation of “Hold” from the seven research firms that are currently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month price target among brokers that have covered the stock in the last year is $28.00.

A number of analysts have weighed in on PCBK shares. Zacks Investment Research upgraded shares of Pacific Continental Corporation (Ore) from a “sell” rating to a “hold” rating in a research report on Friday, September 15th. ValuEngine upgraded shares of Pacific Continental Corporation (Ore) from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Finally, BidaskClub lowered shares of Pacific Continental Corporation (Ore) from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st.

Shares of Pacific Continental Corporation (NASDAQ:PCBK) traded up $0.35 during trading on Thursday, reaching $28.00. 147,100 shares of the company’s stock were exchanged, compared to its average volume of 167,408. Pacific Continental Corporation has a 1 year low of $16.00 and a 1 year high of $28.85. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.94 and a quick ratio of 0.94. The firm has a market capitalization of $637.63, a price-to-earnings ratio of 24.78, a P/E/G ratio of 2.17 and a beta of 0.80.

The firm also recently declared a quarterly dividend, which was paid on Monday, October 30th. Stockholders of record on Monday, October 23rd were issued a dividend of $0.11 per share. The ex-dividend date was Friday, October 20th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.57%. Pacific Continental Corporation (Ore)’s dividend payout ratio (DPR) is presently 38.94%.

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Large investors have recently modified their holdings of the company. Brighton Jones LLC bought a new position in Pacific Continental Corporation (Ore) during the second quarter worth $323,000. BSW Wealth Partners bought a new position in Pacific Continental Corporation (Ore) during the second quarter worth $511,000. Royal Bank of Canada raised its stake in Pacific Continental Corporation (Ore) by 5.4% during the second quarter. Royal Bank of Canada now owns 85,062 shares of the financial services provider’s stock worth $2,173,000 after buying an additional 4,354 shares during the last quarter. Vanguard Group Inc. raised its stake in Pacific Continental Corporation (Ore) by 22.7% during the first quarter. Vanguard Group Inc. now owns 860,126 shares of the financial services provider’s stock worth $21,073,000 after buying an additional 158,990 shares during the last quarter. Finally, Wellington Management Group LLP bought a new position in Pacific Continental Corporation (Ore) during the first quarter worth $274,000. Institutional investors own 67.49% of the company’s stock.

About Pacific Continental Corporation (Ore)

Pacific Continental Corporation is a bank holding company. The Company’s principal business activities are conducted through its subsidiary, Pacific Continental Bank (the Bank), an Oregon state-chartered bank with deposits insured by the Federal Deposit Insurance Corporation. The Bank operates in three primary markets: Eugene, Oregon, Portland; Oregon/Southwest Washington, and Seattle, Washington.

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