UBS Group AG raised its holdings in Peoples Bancorp Inc. (NASDAQ:PEBO) by 26.8% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,908 shares of the bank’s stock after purchasing an additional 1,460 shares during the quarter. UBS Group AG’s holdings in Peoples Bancorp were worth $245,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. SG Americas Securities LLC bought a new position in Peoples Bancorp in the 1st quarter valued at $114,000. Macquarie Group Ltd. raised its position in Peoples Bancorp by 201.3% in the 4th quarter. Macquarie Group Ltd. now owns 4,188 shares of the bank’s stock valued at $137,000 after purchasing an additional 2,798 shares during the last quarter. MetLife Investment Advisors LLC bought a new position in Peoples Bancorp in the 4th quarter valued at $217,000. Virginia Retirement Systems ET AL raised its position in shares of Peoples Bancorp by 31.3% during the first quarter. Virginia Retirement Systems ET AL now owns 8,400 shares of the bank’s stock worth $298,000 after acquiring an additional 2,000 shares during the last quarter. Finally, Allianz Asset Management GmbH bought a new stake in shares of Peoples Bancorp during the first quarter worth $415,000. Hedge funds and other institutional investors own 60.51% of the company’s stock.

PEBO stock opened at $35.79 on Friday. The firm has a market cap of $706.21 million, a PE ratio of 15.85, a PEG ratio of 1.72 and a beta of 0.72. Peoples Bancorp Inc. has a twelve month low of $29.55 and a twelve month high of $39.58. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.23.

Peoples Bancorp (NASDAQ:PEBO) last announced its quarterly earnings data on Tuesday, July 24th. The bank reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.01. Peoples Bancorp had a return on equity of 9.07% and a net margin of 20.70%. The business had revenue of $46.62 million during the quarter, compared to analysts’ expectations of $46.56 million. equities research analysts predict that Peoples Bancorp Inc. will post 2.63 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 20th. Investors of record on Wednesday, August 8th will be paid a dividend of $0.28 per share. The ex-dividend date of this dividend is Tuesday, August 7th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 3.13%. Peoples Bancorp’s dividend payout ratio (DPR) is presently 49.12%.

A number of research firms have recently weighed in on PEBO. BidaskClub upgraded Peoples Bancorp from a “hold” rating to a “buy” rating in a research report on Tuesday, June 5th. Hovde Group set a $40.00 target price on Peoples Bancorp and gave the stock a “hold” rating in a research report on Wednesday, July 25th. ValuEngine upgraded Peoples Bancorp from a “hold” rating to a “buy” rating in a research report on Thursday, May 31st. Zacks Investment Research downgraded Peoples Bancorp from a “buy” rating to a “hold” rating in a research report on Tuesday, July 31st. Finally, Boenning Scattergood restated a “hold” rating on shares of Peoples Bancorp in a research report on Wednesday, July 25th. Seven analysts have rated the stock with a hold rating, Peoples Bancorp has an average rating of “Hold” and an average price target of $38.50.

About Peoples Bancorp

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

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Institutional Ownership by Quarter for Peoples Bancorp (NASDAQ:PEBO)

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