Peoples Utah Bancorp (NASDAQ:PUB) has been given an average broker rating score of 3.00 (Hold) from the three analysts that cover the company, Zacks Investment Research reports. Three research analysts have rated the stock with a hold rating.

Analysts have set a 1 year consensus target price of $32.50 for the company and are forecasting that the company will post $0.55 EPS for the current quarter, according to Zacks. Zacks has also given Peoples Utah Bancorp an industry rank of 156 out of 255 based on the ratings given to its competitors.

Several analysts have commented on the company. Zacks Investment Research upgraded Peoples Utah Bancorp from a “hold” rating to a “buy” rating and set a $36.00 price target for the company in a report on Tuesday, October 30th. BidaskClub cut Peoples Utah Bancorp from a “hold” rating to a “sell” rating in a report on Thursday, January 31st. Finally, ValuEngine upgraded Peoples Utah Bancorp from a “sell” rating to a “hold” rating in a report on Tuesday, December 18th.

In related news, Director Paul R. Gunther sold 3,724 shares of the company’s stock in a transaction on Monday, February 4th. The stock was sold at an average price of $30.11, for a total transaction of $112,129.64. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jr. Fred W. Fairclough sold 1,375 shares of the company’s stock in a transaction on Wednesday, November 21st. The stock was sold at an average price of $32.46, for a total value of $44,632.50. The disclosure for this sale can be found here. Over the last three months, insiders have sold 21,599 shares of company stock worth $650,470. Corporate insiders own 18.33% of the company’s stock.

Institutional investors and hedge funds have recently modified their holdings of the stock. Essex Investment Management Co. LLC bought a new position in shares of Peoples Utah Bancorp in the fourth quarter worth $92,000. Rhumbline Advisers grew its stake in shares of Peoples Utah Bancorp by 49.4% in the fourth quarter. Rhumbline Advisers now owns 19,774 shares of the bank’s stock worth $596,000 after purchasing an additional 6,537 shares in the last quarter. D.A. Davidson & CO. grew its stake in shares of Peoples Utah Bancorp by 70.6% in the fourth quarter. D.A. Davidson & CO. now owns 10,871 shares of the bank’s stock worth $328,000 after purchasing an additional 4,500 shares in the last quarter. Vanguard Group Inc grew its stake in shares of Peoples Utah Bancorp by 4.7% in the third quarter. Vanguard Group Inc now owns 772,678 shares of the bank’s stock worth $26,233,000 after purchasing an additional 34,600 shares in the last quarter. Finally, Vanguard Group Inc. grew its stake in shares of Peoples Utah Bancorp by 4.7% in the third quarter. Vanguard Group Inc. now owns 772,678 shares of the bank’s stock worth $26,233,000 after purchasing an additional 34,600 shares in the last quarter. Hedge funds and other institutional investors own 37.91% of the company’s stock.

Shares of PUB stock opened at $28.39 on Friday. Peoples Utah Bancorp has a twelve month low of $27.78 and a twelve month high of $38.70. The stock has a market capitalization of $531.45 million, a P/E ratio of 13.27, a PEG ratio of 1.55 and a beta of 0.67.

Peoples Utah Bancorp (NASDAQ:PUB) last posted its quarterly earnings results on Monday, January 28th. The bank reported $0.56 EPS for the quarter, beating the consensus estimate of $0.55 by $0.01. The company had revenue of $31.63 million during the quarter, compared to analysts’ expectations of $31.07 million. Peoples Utah Bancorp had a return on equity of 14.90% and a net margin of 31.00%. Equities analysts expect that Peoples Utah Bancorp will post 2.28 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, February 11th. Investors of record on Monday, February 4th will be given a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a dividend yield of 1.55%. The ex-dividend date is Friday, February 1st. Peoples Utah Bancorp’s dividend payout ratio is currently 20.56%.

About Peoples Utah Bancorp

People's Utah Bancorp operates as the bank holding company for People's Intermountain Bank that provides retail and commercial banking products and services. The company accepts various deposits, such as checking, rewards checking, savings, and money market deposit accounts, as well as individual retirement accounts and certificates of deposit.

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