Equities analysts predict that Peoples Utah Bancorp (NASDAQ:PUB) will post earnings of $0.39 per share for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Peoples Utah Bancorp’s earnings. The highest EPS estimate is $0.39 and the lowest is $0.38. Peoples Utah Bancorp posted earnings per share of $0.36 during the same quarter last year, which suggests a positive year over year growth rate of 8.3%. The business is scheduled to report its next earnings report on Wednesday, January 24th.

On average, analysts expect that Peoples Utah Bancorp will report full year earnings of $1.44 per share for the current year, with EPS estimates ranging from $1.43 to $1.44. For the next year, analysts expect that the business will report earnings of $1.84 per share, with EPS estimates ranging from $1.75 to $1.92. Zacks’ EPS averages are a mean average based on a survey of research analysts that that provide coverage for Peoples Utah Bancorp.

PUB has been the topic of a number of research reports. BidaskClub upgraded Peoples Utah Bancorp from a “hold” rating to a “buy” rating in a report on Thursday, September 21st. Zacks Investment Research lowered Peoples Utah Bancorp from a “strong-buy” rating to a “hold” rating in a report on Thursday, September 28th. Finally, ValuEngine lowered Peoples Utah Bancorp from a “buy” rating to a “hold” rating in a report on Monday, October 2nd.

In related news, Director Jr. Fred W. Fairclough sold 1,700 shares of the company’s stock in a transaction dated Wednesday, January 10th. The stock was sold at an average price of $30.49, for a total transaction of $51,833.00. Following the sale, the director now owns 74,076 shares in the company, valued at $2,258,577.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Jr. Fred W. Fairclough sold 2,000 shares of the company’s stock in a transaction dated Wednesday, October 25th. The stock was sold at an average price of $32.12, for a total value of $64,240.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 71,800 shares of company stock worth $2,199,734. Corporate insiders own 25.21% of the company’s stock.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its holdings in Peoples Utah Bancorp by 2.8% during the second quarter. Vanguard Group Inc. now owns 566,888 shares of the bank’s stock worth $15,193,000 after acquiring an additional 15,655 shares in the last quarter. Davis Capital Partners LLC raised its holdings in Peoples Utah Bancorp by 68.7% during the third quarter. Davis Capital Partners LLC now owns 411,307 shares of the bank’s stock worth $13,346,000 after acquiring an additional 167,536 shares in the last quarter. Wasatch Advisors Inc. raised its holdings in Peoples Utah Bancorp by 5.2% during the third quarter. Wasatch Advisors Inc. now owns 250,954 shares of the bank’s stock worth $8,143,000 after acquiring an additional 12,324 shares in the last quarter. State Street Corp raised its holdings in Peoples Utah Bancorp by 14.4% during the second quarter. State Street Corp now owns 225,316 shares of the bank’s stock worth $6,036,000 after acquiring an additional 28,411 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in Peoples Utah Bancorp by 29.6% during the third quarter. Dimensional Fund Advisors LP now owns 168,105 shares of the bank’s stock worth $5,455,000 after acquiring an additional 38,397 shares in the last quarter. Institutional investors and hedge funds own 31.82% of the company’s stock.

Shares of Peoples Utah Bancorp (NASDAQ PUB) traded down $0.05 during trading on Tuesday, hitting $31.80. The stock had a trading volume of 20,264 shares, compared to its average volume of 27,378. The company has a market capitalization of $574.02 and a price-to-earnings ratio of 22.55. Peoples Utah Bancorp has a 12 month low of $23.95 and a 12 month high of $33.60.

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Peoples 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.

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